5G to dominate at Gitex Technology Week

Dubai: If there is one trend likely to dominate the upcoming Gitex Technology Week, it will be the ongoing development and roll-out of 5G, the next generation, high-speed telecommunications network. Some of the biggest names in 5G, including Huawei, Ericsson, and Etisalat, attended a press conference on Sunday at the Dubai World Trade Centre to […]

5.1 million employed in UAE’s private sector by end of Q2 2019

Abu Dhabi: Positive macroeconomic developments during the first and the second quarters of 2019 reflected on the UAE labour market as employment in the private sector increased by 1.0 per cent in Q2 to 5.1 million compared to a rise of 0.1 per cent in the previous quarter, according to figures released by the Central […]

Nissan paying $15m, Ghosn $1m to settle US fraud charges

WASHINGTON: Nissan will pay $15 million (Dh55 million) and former chairman Carlos Ghosn will pay $1 million to settle allegations by US regulators that they hid more than $140 million of Ghosn’s retirement benefits from investors. The Securities and Exchange Commission announced on Monday the settlement of civil fraud charges with the major Japanese automaker […]

Sharjah Hamriya Free Zone bags UAE’s Fatest Growing Brand 2018-19 award in India

Sharjah: Sharjah’s Hamriyah Free Zone Authority (HFZA) bagged the “UAE’s Fastest Growing Brand 2O18-19” award in India. Also, Saud Salim Al Mazrouei, Director of the Hamriyah Free Zone Authority and Sharjah Airport International Free Zone, also won the ‘Leader Award’ in recognition of his efforts to develop, improve and modernize HFZA’s services and facilities meet […]