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Apple faces supply shortage of iPad displays

Bloomberg The next-generation display destined to be a highlight of Apple Inc.’s upcoming top-tier iPad Pro is facing production issues that could lead to short initial supplies of the new device, according to people familiar with the matter. The Cupertino, California-based tech giant plans to showcase a new MiniLED display technology in the 12.9-inch iPad Pro set to be announced ...

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Dafza’s non-oil foreign trade exceeds AED119bn in 2020

Dubai / Emirates Business Dubai Airport Freezone Authority (Dafza) has announced that its foreign non-oil trade reached more than AED119 billion in 2020. The free zone contributed 10% to Dubai’s non-oil foreign trade and 25% to the total trade in free zones in the emirate of Dubai. This affirms the free zone’s capability in overcoming the challenges and consequences of ...

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CBUAE-Swift deal to boost cross-border payments

Abu Dhabi / WAM The central bank of the UAE (CBUAE) has announced that it has been working with SWIFT on an initiative to further enhance the speed and transparency of cross-border payments. The CBUAE will be the first central bank globally to implement such an initiative. The integration between the CBUAE’s domestic UAE Funds Transfer System (UAEFTS) and SWIFT’s ...

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