July 16th, 2019 | 0 commentsTelecom Egypt announced signing four agreements with Etisalat Misr to enable the latter to provide virtual fixed voice and bit-stream services to its customers through TE’s network. Under the bit-stream agreements, fixed broadband customers of Etisalat Misr will be provided with the new very high speed digital subscriber line (VDSL) techn...
July 12th, 2019 | 0 commentsAbu Dhabi National Insurance Company (ADNIC), listed on Abu Dhabi Securities Exchange (ADX), on Thursday announced the launch of its ‘verified’ WhatsApp Business service. The new service will enable customers to reach out ADNIC’s contact centre easily through WhatsApp securely in an encrypted environment, according to a press release. Thr...
July 9th, 2019 | 0 commentsThe Financial Regulatory Authority (FRA) has approved for Aman for Microfinance, a subsidiary of Raya Holding for Financial Investment, to collect instalments from its clients “online”. Following the FRA’s approval last week, the loans granted from Aman for Microfinance will be collected through its sister company Aman Electronic Payment...
July 8th, 2019 | 0 commentsBayt.com, a leading online marketplace for jobs in the Middle East, is planning to file for an initial public offering (IPO) over the coming period, Al Bayan newspaper reported. The Dubai-based company will go public based on the stock markets’ conditions, the company’s CEO and founder Rabea Ataya said, adding that the IPO is unlikely to...
July 8th, 2019 | 0 commentsADCorp Ltd, the first and only ADGM-based Islamic financial institution, announced entering a new partnership with the US-based independent investment manager Sands Capital Management LLC. The two parties will work jointly to provide sharia-compliant portfolios and funds, with Sands Capital acting as an advisor on exclusive products for A...
July 8th, 2019 | 0 commentsEmirates Integrated Telecommunications Company’s (EITC) du has become the first VMware Cloud verified provider in the MENA region. This accreditation strengthens du’s ability to bolster the cloud computing business for government entities and enterprises in the UAE, according to a press release. Accordingly, du has become a “certified glo...
July 7th, 2019 | 0 commentsThe UAE's Telecommunications Regulatory Authority (TRA) has directed telecom operators Etisalat and du to seek approval from the subscribers before activating the service of "pay-per-use data" on the mobile SIM cards in a major move aimed at protecting subscribers from the high charges, and provide services based on their needs and wishes...
July 7th, 2019 | 0 commentsMsheireb Downtown Doha, the smartest and most sustainable fully built city district in the world and Qatar’s destination for leisure, living and business, is intended to become home to Huawei’s Smart Experience Centre in Qatar. The announcement was made during a signing ceremony between Msheireb Properties, the developer of Msheireb Downt...
July 7th, 2019 | 0 commentsBatelco, the Bahrain-based telecoms operator, has launched Xiaomi Mi Mix 3, the first 5G network supported device in the kingdom. The Xiaomi Mi Mix 3, which went on sale on Wednesday, was tested on Batelco’s 5G network by a professional gamer who commented on the speed of the device. Batelco CEO Mikkel Vinter said: “We are very proud to b...
July 7th, 2019 | 0 commentsTelecom Egypt and Banque Misr have signed a cooperation agreement in preparation for the launch of WE mobile wallet. The new service will enable customers to safely and securely send, receive and store money using a smartphone application, according to a company statement. Customers will deposit and withdraw cash from WE’s retail stores a...