Business Wire

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

Share

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/

To view this piece of content from mms.businesswire.com, please give your consent at the top of this page.

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.

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

Nanochon Receives Regulatory Approval from Panamá’s Ministry of Health to Initiate First-in-Human Clinical Study of Chondrograft™17.8.2026 22:44:00 EEST | Press release

Nanochon, a medical device company developing Chondrograft™, a novel patented implant for the treatment of articular cartilage defects of the knee, today announced that it has received regulatory approval from Panamá’s Ministry of Health to initiate its First-in-Human (FIH) clinical study in Panamá. The study will evaluate the safety and performance of Chondrograft™ in patients with focal chondral defects of the knee and represents a major milestone in the company’s clinical and regulatory development strategy. The trial will be conducted at The Panama Clinic in Panamá City under the leadership of Drs. Juan Osorio and Emilio Tufiño, experienced sports medicine surgeons, with Dr. Osorio serving as Principal Investigator for the study. Dr. Osorio stated, “I am pleased to be the Principal Investigator for this important study, and we look forward to contributing the data that will support a larger clinical study and subsequent market entry.” Nanochon selected Panamá for its growing reputa

TOURISE and Oxford Economics Release New Global Report on Tourism Resilience in an Era of Permanent Disruption17.8.2026 17:33:00 EEST | Press release

TOURISE, in collaboration with Oxford Economics, today released a new report, “Resilience in a World that Doesn’t Reset: Redesigning Tourism for an Era of Permanent Disruption.” The analysis of 85 major crises over two decades shows a clear pattern: in a world defined by continuous shocks, destinations that act before disruption hits recover up to 1.5 times faster than those that wait. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260817880835/en/ “In a world that does not reset between crises, disruption is a constant feature of the global tourism landscape,” said His Excellency Ahmed Al-Khateeb, Minister of Tourism of Saudi Arabia and Chairman of TOURISE. “The real test for destinations measures how they prepare for volatility, protect traveler confidence, and maintain continuity ahead of such events.” Using the current Middle East crisis as a lens, where Gulf hubs carry roughly 14 percent of global transit traffic, the r

The Expensify Visa® Commercial Card Brings New Proactive Spend Controls to 14 Countries17.8.2026 16:00:00 EEST | Press release

Expensify, Inc. (Nasdaq: EXFY), the easiest way to manage expenses, travel, and corporate cards, today expanded the reach of Expensify Card spend rules, the market-leading way for businesses to control corporate card spend before it happens. Available to businesses in 14 countries, spend rules let admins decide exactly how, where, and when each Expensify Card can be used, so only compliant transactions go through. Unlike traditional corporate cards that rely on after-the-fact expense review, the Expensify Card enforces policy at the point of purchase. Admins set the rules once, and the card handles the rest. With Expensify Card spend rules, admins can: Lock a card to a subscription. Give each recurring SaaS tool its own virtual card, so a vendor can only ever charge what it should. If the card owner changes teams or leaves, the subscription keeps running, with no swapping cards and no missed payments. Cover a one-time purchase. Issue a virtual card for a single transaction like event r

Riskified Analysis Finds Travel Fraudsters Are Adapting Faster Than Traditional Signals Can Keep Up, With May Flight Risk Up 32%17.8.2026 15:30:00 EEST | Press release

Riskified (NYSE: RSKD), a global leader in ecommerce fraud and risk intelligence, today released new findings from its Travel Industry Insights report, revealing how sophisticated fraud rings and AI-enabled fraudsters are evolving their tactics across airlines, hotels, and online travel platforms. Riskified’s analysis shows that fraudsters are increasingly adapting their behavior to resemble legitimate travelers, making traditional fraud indicators less reliable and creating new challenges for travel merchants. Riskified’s analysis of hundreds of millions of travel transactions across flights, hotels, and land transportation found that flight fraud risk increased through the first five months of 2026, with May 2026 marking the sharpest year-over-year increase at 32% compared to May 2025. The findings show that sophisticated fraud activity is not limited to predictable travel peaks, with organized fraud rings continuously adjusting their methods throughout the year. Riskified's travel n

PIF Delivers Strong Revenue and Profit Growth in 202517.8.2026 14:54:00 EEST | Press release

PIF today published its 2025 Annual Report demonstrating strong financial performance and continued progress against its long-term objectives. As a long-term investor with a unique mandate to drive the economic transformation of Saudi Arabia and deliver sustainable financial returns, PIF maintained a diversified portfolio in 2025, balancing returns with national impact and long-term resilience. Maintaining Financial Discipline In 2025, revenue rose 9% year on year to $120 billion, while net profit more than doubled to $17 billion, supported by stronger contributions from maturing portfolio companies. PIF retained over $900 billion in assets under management and achieved an annualized total shareholder return of 5.8% since 2017. Total shareholder return in 2025 was positively driven by increased dividends from portfolio companies and returns from financial investments. It was also impacted by downward movements in the valuations of some assets, as a result of wider market conditions, an

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
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye