3 6 Ke·2025-12-22 09:43Group 1: Huawei and Telecommunications - Huawei signed a three-year strategic cooperation agreement with du, an Emirati telecom operator, to accelerate the construction of 5G-Advanced networks, achieving the world's first 25 Gbps E-band microwave backhaul integration with 5G-A networks [1] - The collaboration aims to support the large-scale construction of 5G-A and align with the UAE's vision for 6G by 2030, utilizing advanced technologies such as 2T2R E-band equipment and intelligent beam-tracking antennas [1] - China Telecom International also signed a memorandum of understanding with du to collaborate in areas including smart networks, AI video, and IoT [1] Group 2: Automotive Industry - Great Wall Motors launched the TANK 700 flagship SUV in collaboration with Al Naboodah in the UAE, marking a significant step in their partnership [1] - The TANK series has sold over 800,000 units across more than 30 countries, indicating strong market demand and community engagement [1] - The introduction of TANK 700 is expected to enhance Great Wall Motors' global presence and strengthen its influence in the off-road vehicle market [1] Group 3: Aluminum Production - Suotong Development signed a joint venture agreement with Emirates Global Aluminium to build a pre-baked anode production facility in the UAE with an annual capacity of 300,000 tons [2] - The project, with a total investment of approximately $295 million, is set to commence in 2026 and be operational by 2028, with Suotong holding a 55% stake [2] - This marks Suotong's first overseas investment, aimed at securing core supplies for EGA and expanding its market reach in the Middle East and Europe [2] Group 4: Financial Sector - The UAE banking sector showed strong performance in Q3, with net profits and asset quality improving, driven by a favorable macro environment and increased credit demand [5] - Key metrics include a 6.5% quarter-on-quarter growth in net loans and advances, a 4.3% increase in deposits, and a net interest margin rising to 2.45% [5] - The banking sector is expected to maintain its regional leadership until 2026, supported by non-oil economic growth and credit demand [5] Group 5: Regulatory Developments - The UAE Ministry of Finance announced updates to the consumption tax rules to enhance compliance and operational efficiency, focusing on tax registration and refund processes [3] - The Dubai Financial Services Authority updated regulations for crypto tokens, requiring independent assessments for each token and introducing stricter investor protection measures [3]