du, from Emirates Integrated Telecommunications Company (EITC), has announced it is providing the fastest fixed broadband services in the Gulf region. As part of the Telecommunication Regulatory Authority’s (TRA) initiative to ensure seamless continuation of distance learning and working, average fixed broadband speeds have already been increased to 100 Mbps across UAE. Based on du’s
The Mohammed Bin Rashid Space Centre (MBRSC) released an image of the Duomo di Milano and its surrounding neighbourhood in the city of Milan, Italy taken from space by KhalifaSat, during the period of lockdown initiated to curb the spread of the COVID-19 (coronavirus) pandemic. The maze of empty streets visible in the picture is
The Global Financial Crisis of 2009 was called the “Credit Crisis” – but what we are facing now will be the “Real Credit Crisis” of our time, according to a new report by management consultancy Oliver Wyman. Titled, The Real Credit Crisis: How Governments and Financial Services Can Work Together to Speed Economic Recovery, the
wasl properties, one of the largest real estate development and management companies in Dubai, announced the launch of ‘wasl properties Leasing,’ a new app that enables customers to find, book, and lease new units from wasl’s extensive portfolio of properties witha few clicks and within minutes. The app, a first in the regional real estate
On May 13th, Careem announced its partnership with Dar Al Ber Society, one of the UAE’s first charity organizations, to help raise funds for Careem Captains through the launch of its “Careem Captain Relief Fund”. The authorities in the UAE have taken the utmost precautionary and social distancing measures to manage the current crisis, with
UAE banks provided AED16.5 billion in loans in Q1-2020 to the industrial and business sectors, bringing to circa AED818.8 .1 bn the total credit facilities obtained by the two sectors during the period from January to March 2020, compared to AED 802.2 bn in the last quarter of 2019, according to statistics revealed by the
As part of the review of precautionary measures to combat COVID-19 and ensure the highest possible safety and wellbeing for the community in Dubai, the Supreme Committee of Crisis and Disaster Management headed by His Highness Sheikh Mansour bin Mohammed bin Rashid Al Maktoum has approved minor updates to protocols followed in the partial easing