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Yahsat, Hughes form satellite services JV in Brazil

Washington / Emirates Business Al Yah Satellite Communications Company (Yahsat), a leading global satellite operator based in the United Arab Emirates and wholly owned by Mubadala Investment Company (Mubadala), and Hughes Network Systems, LLC (HUGHES), a subsidiary of EchoStar Corporation, on Monday announced an agreement to enter into a joint venture to provide commercial Ka-band satellite broadband services in Brazil. ...

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AED135mn net profits for Q1 2019: NBQ

UMM AL QAIWAIN / WAM The National Bank of Umm Al Qaiwain (NBQ), announced AED135.18 million in net profits for the first quarter in 2019. This represents an increase of three percent compared to the same period last year, which registered AED131.03 million. In a statement, NBQ attributed the net profit increase to improved operating performance driven by an increased interest ...

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Sawab Centre launches new Ramadan campaign

Abu Dhabi / WAM Sawab Centre, a joint UAE-US digital communications hub to combat extremist ideologies online and promote positive alternatives, announced the launch of a new campaign on its social media platforms. Under zhashtags #DailyRayOfLight and #StoriesAboutRamadan, the campaign will run during the Ramadan season from May 6 to June 1 in Arabic, English and French on Sawab’s Twitter, ...

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