UAE is first Mideast country to produce nuclear energy
UAE officially starts power operation at the Barakah nuclear power plant...
Tag : UAE
National Bank of Fujairah and Ripple to facilitate cross border payments
The UAE-based bank will use RippleNet to facilitate remittance payments to India through Indus Ind Bank...
Dubai’s logistics startup iMile secures $10 mn funding to expand in ME
The round was led by an unnamed venture capital firm active in the Chinese logistics market...
Mubadala mulls investment in healthcare company NMC Health
Mubadala is reportedly considering buying a stake as well as acquiring a board seat in the healthcare company...
UAE telco du deploys first live millimetre wave 5G site at Yas Island
The site will provide ultra-high mobile broadband speeds of up to 2.1Gbps using a 26GHz frequency...
UAE’s EDGE allocates Dh1 bn funds for advanced technologies in defence
Last year, EDGE signed several military and security deals over $5 billion...
UAE-based telco Etisalat acquires German cybersecurity firm Help AG
Help AG acquisition will help Etisalat to protect its cloud, IoT, AI and big data line of business against sophisticated cyber threats...
Samsung wins $952 mn contract to develop power plant in the UAE
Samsung and Marubeni will jointly develop the 2,400 MW combined cycle power plant in Fujairah...
Dubai to launch blockchain platform for instant bank account facility
In order to do so, Dubai has set up a blockchain consortium consisting of six UAE banks...
Bahrain’s GFH acquires 70% stake in Dubai fintech Marshal
While GFH will hold a 6.3% stake in Marshal, GFH’s investors will hold up to 63.7%...