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الشارقة 24
UAE License Renewal for Etisalat and du
Amid economic optimism, the balance of deposit savings in local currency in the UAE reached 351.6 billion dirhams by the end of May 2026, as efforts to enhance growth and financial stability continue. In the transportation sector, Etihad Airways announced connecting Gothenburg to Asia via Abu Dhabi, as part of its regional expansion. The tech market also faced challenges from China, which is striving to invent brain chips that can be implanted within 10 minutes, with investments reaching up to $320 billion, in competition with Elon Musk. Additionally, news was released about the renewal of the licenses for Etisalat and Du in the UAE for another 20 years, while the Russian Orsk refinery has ceased operations due to Ukrainian attacks.
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