TRA issues clarification on impact of Huawei ban on UAE consumers

Dubai: The Telecommunications Regulatory Authority (TRA) is assuring consumers in the UAE that they will be able to continue using their Huawei devices amid efforts by the US government to blacklist the Chinese company. In a statement issued late Thursday, the TRA said it had been in talks with representatives from the Asian tech giant […]

US is close to opening another front in trade war

Brussels, Washington: Even though President Donald Trump held fire earlier this month on auto tariffs, a litany of domestic dilemmas on both sides of the Atlantic threaten to frustrate efforts at a trade pact before they’ve even begun. Ten months after Trump and European Commission President Jean-Claude Juncker struck a truce meant to clear the way […]

What will happen if China bans iPhone?

Washington: Apple Inc’s earnings could fall 26 per cent in its 2020 fiscal year if China bans sales of the iPhone, according to Cowen, the latest firm to paint a dramatic picture of the tech giant’s risk in the event that trade tensions between the U.S. and China deteriorate further. While Wall Street has fretted […]

Abu Dhabi creates new holding company for airports, ports and power firms

Abu Dhabi: Abu Dhabi is creating a new holding company for seven state-owned firms with operations ranging from airports to power supply to make it easier for them to raise debt and improve services, three sources told Reuters. The new holding company, Abu Dhabi Development Holding Company (ADDHC), will be led by Mohammad Hassan Al […]

WTO agrees to probe UAE’s complaint against Qatar on ban of Emirati products

Geneva: The World Trade Organisation (WTO) on Wednesday agreed to look into the complaint filed by the UAE against the ban imposed by Qatar on Emirati products. The WTO has decided to constitute an arbitration committee to investigate the UAE’s complaint. The UAE had said that the Qatari ban on Emirati products is a violation […]