Author: Editorial Team
AT&T recently entered into a multi-year fibre and cable deal with glass-specialist Corning to advance its strategy of mobile and broadband services. The deal is valued at more than $3 billion. AT&T CEO John Stankey has long been a proponent of fibre as the basis for the company reaching 60 million consumer and business locations by 2030. The mobile operator achieved its goal of passing more than 30 million locations in June 2026, six months ahead of schedule. In its most recent Q2 results, AT&T recorded 646,000 total consumer and business internet net adds, comprised of 367,000 fibre and 279,000…
A person may go to the gym, play sport every week, maintain a healthy weight and still have serious heart disease without knowing it. UAE cardiologists say this is one of the reasons people in their 30s and 40s should not assume that being active alone protects them from heart problems. “Looking fit is not the same as being free of cardiovascular risk,” said Dr Yogeeswari Vellore Satyanarayanan, specialist cardiology at Medcare Royal Speciality Hospital. She said that high blood pressure, diabetes and cholesterol problems can remain silent for years, while inherited conditions can also raise a person’s risk even…
RIYADH — Saudi Minister of Defense Prince Khalid bin Salman made on Wednesday a phone call with British Secretary of State for Defense Wes Streeting. During the call, they reviewed the strategic relations between the two friendly countries in the defense field. The ministers discussed joint efforts with regard to addressing regional issues. They affirmed their countries’ support for all that contributes to achieving the region’s security and stability. Other issues of common interest were also figured in their talks. Source: Saudi Gazette
Saudi Awwal Bank, one of the leading banks in the Kingdom of Saudi Arabia, has announced that Swift’s new retail payments system is now available to its customers, providing greater transparency and visibility across international transfers. This step also helps address one of the key challenges in international transfers by delivering a more consistent experience across destinations, despite differences in processing practices and banking requirements across markets. Bandar Al-Gheshayan, Chief Wealth and Personal Banking Officer at SAB, said: “Our customers’ needs and expectations of banking services continue to evolve, particularly when it comes to international transfers, where transparency, speed, and…
Samsung Electronics recently pledged to invest $1 billion in Helix Digital Infrastructure, an AI company established by investment firm KKR. The South Korean company stated it would contribute $500 million, with the remainder coming from affiliate companies Samsung C&T, Samsung SDS, Samsung SDI, Samsung Life Insurance, and Samsung Fire and Marine Insurance. Alongside Samsung, KKR, the Kuwait Investment Authority, Nvidia and US power company Vistra are founding investors in Helix Digital Infrastructure. The $1 billion adds to $10 billion in capital committed upon launch. Helix Digital Infrastructure launched in June to deliver “integrated solutions” across the value chain, including hyperscale…
Adults with a rare blood disorder that causes their bodies to produce too many red blood cells could need fewer procedures to remove blood following the UAE’s approval of a new medicine. The Emirates Drug Establishment (EDE) has approved MIMRYLO, also known as rusfertide, for adults with polycythemia vera. According to the establishment, the UAE is the second country globally to authorise the treatment. The condition causes the body to make more red blood cells than it needs. These extra cells make the blood thicker and increase the risk of blood clots and other complications. Stay up to date with…
RIYADH — The Ministry of Finance announced on Wednesday the Pre-Budget Statement for financial year 2027, which estimates total expenditures at approximately SR1,392 billion and total revenues at approximately SR1,202 billion, with a deficit estimated at around 3.6 percent of GDP. This was part of a fiscal approach that balances supporting economic growth, continuing to implement development priorities, and maintaining fiscal sustainability. The statement noted that the Saudi economy has continued to benefit from the economic reforms witnessed by the Kingdom since the launch of Saudi Vision 2030, which contributed to diversifying the economic base, improving the business environment, and…
Following the UAE Central Bank’s latest 25-basis-point increase in its base rate, financing costs are once again in focus for UAE property buyers. Against this backdrop, Holo, the property buying ecosystem helping people make better property decisions, has reduced the average time from mortgage application to disbursal by 78%, as technology helps remove friction from some of the most time-consuming parts of the property-buying journey. Holo has reduced processing times across multiple stages of the mortgage journey. The time taken to submit an application to a lender is now 65% shorter, while the average period between submission and lender approval…
(L-R) Leo Chen, Huawei’s Senior Vice President and President of Enterprise Sales & Dr. Peter Zhou, Director of the Board at Huawei and CEO of Huawei Cloud. As governments and enterprises across the Middle East accelerate investment in artificial intelligence, Huawei has unveiled new AI infrastructure, cloud and partner capabilities designed to help organisations deploy AI at scale. Announced at Huawei Connect 2026 in Shanghai, the developments combine Huawei Cloud’s latest AI infrastructure and enterprise agent capabilities with Huawei’s new SCALE partner support system. They address two important requirements for scaling enterprise AI: the technology foundation needed to develop and…
When we talk about longevity, the conversation often centres on adding more years to life. For women, however, the more meaningful question is how those years are lived with good health, independence, energy and the ability to continue participating fully in family, professional and social life. In the UAE, female life expectancy at birth reached around 84 years in 2024. As women live longer, the question of how those additional years are lived becomes increasingly important. Longevity should therefore be about more than extending lifespan; it should also be about extending the years in which women can remain healthy, active…