Core42 to explore digital security solutions of Hader
Core42, a G42 company and the leading digital transformation provider, has signed a Memorandum of Understanding (MoU) with Hader Security & Communications Systems, an Abu Dhabi-based systems integrator, to establish a strategic cooperative partnership to equip critical entities with advanced digital solutions for safety and security. The agreement was formalized in an official signing ceremony during […]
e& capital invests in US-based AI startup Ikigai Labs
e& capital announced that it has participated in the Series A financing round for Ikigai Labs, a pioneering firm harnessing the power of generative AI for tabular data. Through this funding round, Ikigai Labs has secured $25 million in this round, with contributions from e& capital, Premji Invest, and Foundation Capital. The funding will advance […]
e& enterprise and Tap Payments to offer unified digital payment solutions
UAE-based e& enterprise and Tap Payments have entered into a strategic partnership aimed at revolutionizing the digital payments landscape. The collaboration combines the strengths and expertise of both organizations to create an extensive payment acceptance ecosystem with unique features tailored to regional markets. The strategic alliance between e& enterprise and Tap Payments empowers businesses of […]
Abu Dhabi’s Yahsat to invest $100m in T4-NGS satellite programme
Abu Dhabi satellite operator Yahsat Group plans to allocate more than $100m towards capital expenditures in 2023 as part of the ‘T4-NGS’ satellite programme, according to state-run news agency WAM. The programme, the next-generation telecommunications system for Thuraya, is scheduled to become operational in the first half of 2025 with a total cost of […]
Etisalat by e& celebrates outstanding entrepreneurs & startups in the UAE
etisalat by e& announced the winners of the third edition of the ‘Hello Business Pitch’ competition at a live awards ceremony dedicated to celebrating entrepreneurship and innovation in the United Arab Emirates. The event took place amidst a grand gathering of prominent figures, including H.E Abdulaziz Al Nuaimi, Assistant Undersecretary of the Commercial and Regulatory […]
Abu Dhabi’s Yahsat proposes 2% increase in dividend as revenues hit $433mln
The board of Al Yah Satellite Communications Company (Yahsat), partly owned by Abu Dhabi state investor Mubadala, has proposed a 2% increase in dividend, as revenues rose to more than $430 million. Total revenue for the full year of 2022 stood at 1.6 billion UAE dirhams ($433 million), up by 6% from the previous year and […]
Du posts 10.8% rise in 2022 net profit on higher broadband, 5G demand
Emirates Integrated Telecommunications Company, also known as Du, saw its full-year 2022 net profit rise to AED 1.22 billion ($332 million), as revenues rose by more than 9% on the back of a sustained demand for broadband services and 5G handsets. Net profit for the year ended 31 December 2022 was 10.8% higher than the […]
e& and Ericsson partner to build more sustainable future networks
e& (formerly known as Etisalat Group) and Ericsson will explore initiatives aimed at reducing energy consumption and building more efficient and sustainable future networks. For this they have signed a Memorandum of Understanding (MoU) on the sidelines of the 27th Conference of the Parties of the UNFCCC (COP27) in Egypt. The three-year partnership […]
Hub71, Yahsat to support development of UAE’s mobile satellite capabilities
ABU DHABI – Hub71, Abu Dhabi’s global tech ecosystem, and Al Yah Satellite Communications Company (Yahsat) today announced a collaboration to accelerate startup technology adoption in satellite communications. Through this partnership, Yahsat will work with founders in the Hub71 community to advance technological innovations that support the development of the UAE’s mobile satellite capabilities. The […]
Vodafone says it looks forward to long-term relationship with UAE telecoms group e&
Vodafone said on Saturday that it looked forward to building a long-term relationship with Emirates Telecommunications Group Company PJSC, now known as e&, after it announced it had acquired a 9.8% stake in the mobile operator. “Vodafone Group Plc has been informed by Emirates Telecommunications Group Company (‘Etisalat’) of its shareholding in Vodafone and notes […]