BlackBerry has announced that it will exit the Pakistan market due to restrictions imposed on its services. The Canadian smartphone maker says it has failed to reach a compromise with Pakistan’s telecommunications authority. The issue is said to center around BlackBerry’s encryption of users’ emails, BBM messages and other data. Pakistan’s government wanted the ability to monitor all BlackBerry Enterprise Service traffic in the country, for security reasons.
ADNOC L&S completes acquisition of 80% stake in Navig8
ADNOC Logistics and Services plc on Wednesday announced the completion of its acquisition of an 80 per cent stake in Navig8 for $1.04 billion (AED3.8 billion), with a contractual commitment to acquire the remaining 20 per cent in mid-2027.
Donald Trump announces $20 billion Damac US investment
Donald Trump has announced a $20 billion (AED 73.4 billion) investment from Damac Properties to build data centres across the United States.
Meta elects UFC CEO Dana White, two others to board
Meta Platforms has elected three new directors to its board, including Dana White, CEO of Ultimate Fighting Championship (UFC) and close friend of President-elect Donald Trump.
Abu Dhabi launches new Registration and Licensing Authority
Abu Dhabi launched Abu Dhabi Registration and Licensing Authority (ADRA) on Monday, aiming to further enhance and regulate the business sector across the emirate.
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