Etisalat partners with Al Barari

DUBAI — As part of its ongoing commitment to providing a world-class communication network across the emirate, Etisalat has signed an agreement with the Al Barari residential project, to supply fast, reliable mobile phone, landline and data communications to each of its exquisite 275 palatial villa residences.

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Published: Wed 19 May 2010, 10:56 PM

Last updated: Mon 6 Apr 2015, 11:08 AM

As per the agreement, Etisalat will create a dedicated communications hub, within the Al Barari development, which will be at the core of the telco’s local infrastructure, and will provide data-ready fibre optic cabling to all homes and businesses, as well as relay towers for Etisalat’s 2G and 3G services “One of the core principles of Al Barari was always to be as self-sufficient and sustainable,” explained Mr Mohammed bin Zaal, Chief Executive Officer of Al

HSBC SecuritiesServices honoured

DUBAI — The DFM honoured a number of market participants and partners with trophies in recognition of their contribution to DFM during the last 10 years. HSBC is the first, and until very recently was the only, bank to provide custody services on the DFM dating back to when the exchange started operations in 2000.

The historical strong relationship between the DFM and HSBC facilitated the entry of foreign institutional investors to the market. This allowed the DFM to further diversify the investor base and continue to align its processes with international best practices,” said Georges Cattan, Head of HSBC Securities Services, UAE. Over the past decade, HSS’ Middle East and North Africa network has grown to cover 11 markets in the region.

Redington targets $100m revenues

DUBAI — Redington Value, the value-added distribution division of Redington Gulf, a leading IT distributor in the Middle East and Africa, is targeting $100 million in total revenues for FY ’10-’11. In line with this, the distributor has revealed plans to boost its investments in the UAE and KSA in anticipation of the potentially huge IT growth the countries are expected to pose this year. In addition, the company is also looking at Qatar and Kuwait as key markets to launch a series of massive campaigns to provide customers with end-to-end solutions.—

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