Strive Towards the Era of Metaverse: du UAE and Huawei Sign MoU on 5.5G Strategic Cooperation
2.3.2023 06:11:00 EET | Business Wire | Press release
At Mobile World Congress (MWC) Barcelona 2023, du, from Emirates Integrated Telecommunications Company (EITC) and Huawei signed a Memorandum of Understanding (MoU) on 5.5G strategic cooperation, marking a new phase of their long-standing partnership.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230301005895/en/
du UAE and Huawei signing MOU (Photo: Business Wire)
As one of the fastest-growing telecommunication operators in the UAE, du works closely with Huawei and has outstanding performance in 5G network experience and service development, capturing a large share of the Middle East market. Through this partnership, du and Huawei will strengthen cooperation in 5.5G innovation, including technological innovation, and E2E network evolution, to help du continuously enhance user experience and lead the UAE market in 5.5G development.
Saleem AlBlooshi, CTO of du UAE, Cao Ming, President of Huawei Wireless Network Product Line, CEO of Huawei UAE, Liu Jiawei, and other executives from both parties attended the signing ceremony.
According to the MoU, du and Huawei will collaborate on 5.5G in three aspects. For innovation, they will focus on key technologies, including ELAA-MM (Extremely Large Antenna Array Massive MIMO), Passive IoT, Virtual Large Carrier among others, and discuss E2E network evolution roadmap. In terms of application exploration, they will conduct research on new scenarios and identify potential applications based on local requirements, such as Metaverse, holographic meeting, XR. In ecosystem construction, they will work together with local and global industry partners to build a sound 5.5G ecosystem and promote multilateral business success.
Saleem AlBlooshi, CTO of du, said, “du is committed to working with industry leaders around the world to create new solutions that help us stay at the forefront of digital innovation. In line with the UAE's Metaverse strategy, our partnership with Huawei will enable du to achieve our goal of making 5.5G technology available for commercial use, and together we can create immersive XR experiences for users that are high-quality and reliable. Our goal is to create an ecosystem in which every aspect of life can benefit from the unique features that 5.5G technology has to offer, ranging from improved connectivity and faster speeds to full-scenario IoT and extensive coverage.”
Cao Ming, President of Huawei Wireless Network Product Line, said, "We're committed to provide innovative solutions based on user requirements. We will work with du on 5.5G innovation, explore and promote 5.5G technologies, and commercialize high-value use cases based on the local scenarios in UAE, to improve network experience and build a digital, intelligent world."
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230301005895/en/
Contact information
Xu Jing, Huawei Technologies Co., Ltd, xujing70@huawei.com
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
IFF Declares Dividend for Third Quarter 202628.7.2026 23:15:00 EEST | Press release
IFF (NYSE: IFF) announced that its Board of Directors has declared a regular quarterly cash dividend of $0.40 per share of its common stock, payable on October 9, 2026 to shareholders of record as of September 18, 2026. Welcome to IFF At IFF (NYSE: IFF), we make joy through science, creativity and heart. As the global leader in flavors, fragrances, and health and biosciences, we deliver groundbreaking, sustainable innovations that elevate everyday products—advancing wellness, delighting the senses and enhancing the human experience.Learn more at iff.com, LinkedIn, Instagram and Facebook. © 2026 by International Flavors & Fragrances Inc. IFF is a Registered Trademark. All Rights Reserved. View source version on businesswire.com: https://www.businesswire.com/news/home/20260728319763/en/
Logitech Announces Q1 Fiscal Year 2027 Results28.7.2026 23:06:00 EEST | Press release
SIX Swiss Exchange Ad hoc announcement pursuant to Art. 53 LR — Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the first quarter of Fiscal Year 2027. Sales were $1.23 billion, up 7 percent in US dollars and 5 percent in constant currency, compared to Q1 of the prior year. GAAP gross margin was 49.5 percent, up 780 basis points, compared to Q1 of the prior year. Non-GAAP gross margin was 49.8 percent, up 770 basis points, compared to Q1 of the prior year. These numbers include $61 million in tariff refunds. GAAP operating income was $259 million, up 60 percent, compared to Q1 of the prior year. Non-GAAP operating income was $290 million, up 44 percent, compared to Q1 of the prior year. These numbers include $61 million in tariff refunds. GAAP earnings per share (EPS) was $1.63, up 66 percent compared to Q1 of the prior year. Non-GAAP EPS was $1.85, up 47 percent compared to Q1 of the prior year. Cash flow from operations was $167 million. The qua
Nexo Reaffirms EU Compliance28.7.2026 17:00:00 EEST | Press release
Nexo, a leading digital assets wealth platform, today reaffirmed product compliance across the European Economic Area (EEA), achieved ahead of MiCAR’s entry into force. The company operates with a local setup through two MiCAR-licensed partners bringing technical depth and operational maturity to Nexo's client-facing platform in the region. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260728038475/en/ Nexo's setup pairs its global wealth platform with dedicated, licensed European infrastructure — splitting custody and brokerage across two regulated partners: Tangany, licensed under MiCAR, provides institutional-grade custody infrastructure for digital assets. Meanwhile, DLT Finance, licensed under MiCAR and authorized under MiFID II, provides brokerage infrastructure for digital assets and financial instruments. Together, these partnerships pair Nexo’s global wealth platform with infrastructure specifically built for Europ
Interactive Brokers Opens AI Connectivity to Any Tool Built on the MCP Standard28.7.2026 17:00:00 EEST | Press release
Interactive Brokers (Nasdaq: IBKR), an automated global broker, today announced that clients can now connect their accounts to nearly any AI tool they already use. Previously limited to the certified marketplaces for ChatGPT, Claude, and Grok, clients can now also connect from a growing range of tools that support the Model Context Protocol (MCP), including Claude Code, Cursor, Perplexity, and Windsurf. MCP has become the common standard for connecting AI applications to outside services. Interactive Brokers' AI Integration has been built on MCP since launch, and clients can now connect from any MCP-compatible tool in addition to the certified marketplaces. “Interactive Brokers has long offered open APIs that let clients connect their accounts to the tools and systems they choose,” said Milan Galik, Chief Executive Officer of Interactive Brokers. “Supporting AI tools built on the Model Context Protocol (MCP) is a natural extension of that philosophy. It gives clients the flexibility to
Estée Lauder Announces New Fragrance, Glimmer, with Global Campaign Starring Hailee Steinfeld28.7.2026 17:00:00 EEST | Press release
Today, Estée Lauder announces the launch of Glimmer, a new prestige fragrance created for a new generation of consumers. An amber floral fragrance with a gourmand twist, Glimmer transforms the power of everyday "glimmers” - small moments of joy, hope, and connection - into a sensorial fragrance experience designed to inspire optimism, foster community, and leave a lasting impression. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260727469772/en/ Hailee Steinfeld stars as the face of Glimmer Acclaimed actress and singer Hailee Steinfeld stars as the face of Glimmer. Rooted in the belief that one spark can ignite many, the campaign positions Hailee and her singing voice as catalysts for the joy, optimism, and connection that are at the heart of Glimmer. “Hailee is the embodiment of what Glimmer represents; she is confident, has a contagious sense of joy, and understands the power of connecting with her community,” said Justin
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom
