HTC U11, new smartphone, unveiled

The HTC U11, will be available in the Kingdom in Amazing Silver, Sapphire Blue, Brilliant Black, Ice White and Solar Red.
Updated 20 May 2017
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HTC U11, new smartphone, unveiled

HTC has unveiled the world’s first smartphone with new squeeze interaction.
The new model — HTC U11 — offers advanced features including:
• Edge sense — the next dimension in touch interaction with your phone.
• Liquid surface — a unique design that reflects the user.
• USonic — an advanced headset for personal audio, including active noise cancelation.
• Cameras with a high independent rating.
• Sense companion, Google assistant and Amazon Alexa for a better experience.
The HTC U11 will be available in the Kingdom in Amazing Silver, Sapphire Blue, Brilliant Black, Ice White, and Solar Red.
Customers can pre-book their devices starting this week at leading retailers. They will be offered JBL Reflect Aware Earphones — USB-C sport earphones with noise cancelation and adaptive noise control worth SR799 (free with every HTC U11 pre-booking order).
The smartphone will be available in the region at leading retailers from early June. Detailed specifications and more information are available on htc.co


ADIB becomes first bank to join UAEIIC

Updated 23 June 2018
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ADIB becomes first bank to join UAEIIC

Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has joined the UAE International Investors Council (UAEIIC), making it the first bank in the UAE to become a member in the council. This comes following an approval from the board of directors of the UAEIIC, headed by Sultan bin Saeed Al-Mansoori, UAE minister of economy.

Through this membership, ADIB will join government decision-makers, locally and internationally, with the support of the UAE’s minster of economy, to help remove obstacles, strengthen foreign investment relations and support sustainable economic development.

Khamis Buharoon, vice chairman and acting CEO at ADIB, said: “We are proud to be the first bank to join the UAE’s Investors Council. We are also committed to the development of Emirati investments, which are critical to economic diversification and the UAE’s global economic competitiveness. Important measures have already been taken to secure support and protection and to overcome any challenges faced by Emirati investors abroad, and we look forward to playing an instrumental role in building on these efforts.”

He added: “The establishment of the UAE International Investors Council forms part of broader efforts to advance economic diversification policies that complement the expansion and growth of the UAE’s private sector as well as create a favorable environment that supports national companies investing abroad. The council provides a vital link between investors interested in promising opportunities available in countries with close ties to the UAE and governmental and semi-governmental entities to streamline the investment process. It also serves as a pillar for ensuring the protection of UAE capital abroad through advice, guidance, and logistic support.”

Jamal Saif Al-Jarwan, secretary-general of the Emirates Council for overseas investors, said: “We have the honor to join Abu Dhabi Islamic Bank as an active member of the council, which contributes to enhancing the role of the council’s working environment to support the state’s economic development and to keep pace with developments in the economic, investment and banking sectors in general, since the measure of success depended not only on financial results but also on how it dealt with the needs changing markets, innovative and sophisticated solutions that keep pace with rapid global changes and shifts in those sectors.”

He added: “Emirati investment abroad plays a vital role in more than 70 countries in the world and has a great impact on the soft and reputed power of our young state in the world, which is a great achievement and a strong demonstration of the path of investment of the Emirati investors in the right direction.”