The UAE has ranked first globally in mobile internet speed for the month of June, with a download speed of 204.24 Mbps and an upload speed of 22.72 Mbps, according to performance analysts Ookla.
Their Speedtest Global Index showed the UAE topped the rankings for most of the first half of 2023 (January, February, March, May, and June), while it ranked second in April.
As for fixed broadband speed, the UAE ranked second globally and first regionally in June, with a download speed of 239.2 Mbps. Singapore topped the list with a speed of 247.29 Mbps.
Quarterly reports issued by Ookla showed that etisalat by e& recorded the fastest median download speeds across both mobile and fixed, at 216.65 Mbps and 261.98 Mbps, respectively, in Q2 2023.
etisalat by e& also had the fastest median 5G download speed at 680.88 Mbps and the lowest median mobile multi-server latency at 35 ms.
Shareholders in Abu Dhabi-listed Borouge approved a $1.32 billion dividend for 2025 on Tuesday, as the petrochemicals company reported strong financial performance.
Emirates NBD has unveiled a business support package that consists of a set of temporary fee-relief measures to help SMEs manage day-to-day operations over the next few months.
The war in the Middle East will lead to higher inflation and slower global growth, the head of the International Monetary Fund said on Monday, ahead of a fresh forecast for the world economy planned by the global lender for next week.
ADNOC Gas confirmed shareholder approval of a record $3.584 billion dividend for 2025, with a final dividend of $896 million payable in May, at its Annual General Meeting on Monday.
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