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AMAF records 11% rise in its investments profits

Abu Dhabi / WAM The Awqaf and Minors Affairs Foundation (AMAF), issued its financial report for the fiscal year ending December 31, 2017, recording an 11 percent increase in its investments profits it manages to fund its charitable and humanitarian projects. The foundation released the report in line with its commitment to transparency in its operational and financial activities and ...

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Fewa, Commercial Bank International sign deal

Abu Dhabi / WAM The Federal Electricity and Water Authority (Fewa), signed an agreement with the Commercial Bank International (CBI), under which the bank will provide bill payment services to its customers through its various branches within and outside the UAE. Commenting on the announcement, Sheikha Murad Al Blooshi, Director of the Revenue and Credit Department, said that the authority ...

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Expo 2020 becomes first 5G commercial customer in region

Dubai / Emirates Business The UAE has set another benchmark for the early adoption of advanced new technology, with Expo 2020 Dubai becoming the first major commercial customer in the Middle East, Africa and South Asia (Measa) region to access 5G services, through its partnership with Etisalat. The leading UAE telecom provider connected Expo 2020 Dubai to its 5G network, ...

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