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Celebrate Eid with HONOR – Exclusive Discounts on Smartphones & Tablets Await! - Middle East Business News and Information

Celebrate Eid with HONOR – Exclusive Discounts on Smartphones & Tablets Await! - Middle East Business News and Information

Mid East Info26-03-2025
In celebration of Eid, HONOR is offering exceptional discounts on a range of its top smartphones and tablets, with savings up to 49%, making cutting-edge technology more accessible than ever. Whether you're looking for a high-performance flagship smartphone, a powerful mid-range device, or a versatile tablet, there's an offer for everyone.
The Eid Offers to run till April 5, 2025, offering UAE shoppers a great opportunity to upgrade their devices or gift loved ones with unbeatable deals.
The Thinnest & Lightest AI Foldable Smartphone HONOR Magic V3:
HONOR Magic V3 is a technological masterpiece, boasting a sleek design and exceptional lightness, making it the most advanced foldable smartphone in its class. With its stunning display, powerful performance, and AI-driven features, it takes user experience to the next level.
This revolutionary device redefines the standards for foldable smartphones, boasting cutting-edge technology, an ultra-thin design, and a suite of AI-driven features that elevate user experiences to new heights.
Promotion Price: AED 5499, down from AED 6899 (Save AED 1400).
HONOR 200 Pro, Best Portrait Phone | AI Empowered:
The HONOR 200 Pro, a device that excels in mobile photography with its advanced AI Portrait Engine and Falcon Camera system.
Promotion Price: AED 1899, down from AED 2499 (Save AED 600).
HONOR Magic7 Pro, That's AI, Simply Magic:
With the purchase of HONOR Magic7 Pro, receive a complimentary HONOR Choice Earphone Clip, adding extra value to your unique experience. Boasting AI-enabled and enhanced user experience, photography capabilities, battery, and hardware performance, the HONOR Magic7 Pro presents a comprehensive flagship experience tailored to users
Promotion Price: AED 3699, down from AED 3999 (Save AED 300).
The Unbreakable AI Smartphone, HONOR X9c:
Looking for a phone that combines style and durability? HONOR X9c features a robust AMOLED curved display and a long-lasting battery, making it the perfect choice for users seeking both performance and durability.
Promotion Price: AED 1199, down from AED 1299 (Save AED 100).
Tablet users will find the HONOR MagicPad 2, a high-performance device designed for entertainment and productivity. This tablet features an immersive display and powerful hardware, making it an excellent choice for students and professionals alike.
New Price: AED 2099, down from AED 2299 (Save AED 200).
Don't miss the chance to grab the latest HONOR devices at unbeatable prices during these limited-time Eid offers! Visit your nearest store or shop online before the deals end.
About HONOR :
HONOR is a leading global provider of smart devices. It is dedicated to becoming a global iconic technology brand and creating a new intelligent world for everyone through its powerful products and services. With an unwavering focus on R&D, it is committed to developing technology that empowers people around the globe to go beyond, giving them the freedom to achieve and do more. Offering a range of high-quality smartphones, tablets, laptops and wearables to suit every budget, HONOR's portfolio of innovative, premium and reliable products enable people to become a better version of themselves.
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HONOR Announces the Upcoming Launch of the HONOR Magic V5, the Smarter, Slimmer & Stronger - Middle East Business News and Information
HONOR Announces the Upcoming Launch of the HONOR Magic V5, the Smarter, Slimmer & Stronger - Middle East Business News and Information

Mid East Info

time2 hours ago

  • Mid East Info

HONOR Announces the Upcoming Launch of the HONOR Magic V5, the Smarter, Slimmer & Stronger - Middle East Business News and Information

HONOR, a global leading AI device ecosystem company is set to revolutionize the foldable smartphone market forever with the launch of the HONOR Magic V5 — the Smarter, Slimmer & Stronger foldable device measuring just 8.8mm and combining sleek design with groundbreaking technology. To mark this milestone, HONOR will a premium launch event to officially unveil HONOR Magic V5. This prestigious event will set the stage for the regional debut, expected to take place on August 13th. Ultra-slim Design at Just 8.8mm: HONOR redefines the future of foldable smartphones with the launch of the HONOR Magic V5 It measures an ultra-slim 8.8mm[1], making it ultra-slim. When unfolded, the phone is an astonishing 4.1mm thin, pushing the physical thickness limit set before. The Industry's Largest Battery[2] in a Foldable Featuring the industry's largest battery for foldable device with a 5820mAh capacity, the HONOR Magic V5 delivers exceptional all-day power. Powered by a silicon-carbon battery with higher silicon content at 15%, it delivers a slimmer, denser battery for enhanced power and efficiency. The device supports 66W wired and 50W[3] wireless charging. The Most Durable Foldable with the Strongest & Advanced Hinge The HONOR Magic V5 excels in durability with its IP58 and IP59 rating enhances dust and water resistance for tough environments, while the new generation NanoCrystal Shield boosts drop protection by 10x compared to regular glass. Featuring the HONOR Super Steel Hinge, the hinge cap boasts a tensile strength of 2300MPa compared with its last generation and withstands 500,000 folds. With this strength, HONOR Super Steel Hinge can carry up to 100 KG, when vertically supporting a hanging object under controlled conditions. Smart Magic Sidebar[4]: AI Suggestions Based What You Are Doing Enhancing the AI-first experience even further, the HONOR Magic V5 introduces a powerful new feature: the Magic Sidebar. This smart feature suggests helpful features on the side bar based on what you're doing. For example, if you're watching a video, it may offer AI-generated subtitles. If you're reading articles, it can suggest an AI summary. The Magic Sidebar adjusts in real time to what you're doing, making everyday tasks faster and easier. With the Magic Sidebar, you don't need to switch between apps to find translation or summary, because everything you need appears right where you are. Google Gemini[5], You Ask, Your AI Assistant Answers: The HONOR Magic V5 takes productivity to the next level with Google Gemini. Pre-installed on the HONOR Magic V5, Gemini can help with planning, writing, learning, and organizing daily tasks. To make access even more intuitive, HONOR has developed a new interaction method called 'Tap Tap' [6]. By simply double-tapping the back of the HONOR Magic V5, users can instantly launch Gemini—no need to long press the power button or open an app. This gesture-based shortcut delivers convenient, on-demand access to Gemini anytime, anywhere. Best Zoom/Telephoto Camera on Foldable: The HONOR AI Falcon Camera System comprises a 64MP Ultra Sensing Periscope Telephoto Camera. The remarkable 64MP Periscope Telephoto Lens Camera features 1/2-inch sensor with a f/2.5 aperture which ensures every zoom shot clearly captures distant objects with excellent clarity and fidelity and optimizes light intake in different lighting conditions. Further enhancing the telephoto experience, the camera brings the best 3X Optical Zoom and 100X Digital Zoom for the best telescope capabilities on foldable phones in its class. World Class Performance: The HONOR Magic V5 is powered by the pinnacled Qualcomm Snapdragon® 8 Elite Mobile Platform, an 8-core chip with the 2nd generation 3nm process node. It offers unprecedented processing performance and ground- breaking AI enhancements, making it a perfect choice for business and entertainment. Color, Pricing and Availability: The HONOR Magic V5 will be available for pre-order soon in a range of elegant color options, including Dawn Gold, Ivory White, Reddish Brown and Black— all at an exciting launch price, complemented by premium gifts and exclusive VIP after-sales services. About HONOR : HONOR is a global leading AI device ecosystem company. It is committed to revolutionizing human-to-device interactions to bridge the AI ecosystem with all consumers in the agentic AI era and beyond. The company endeavors to open industrial boundaries through open, seamless collaboration to co-create a value-sharing ecosystem with industry partners. With an innovative product portfolio spanning AI phones, PCs, tablets, wearables and more, HONOR aims to empower every human, enabling everyone to embrace the new intelligent world. [1] Data from HONOR labs. 8.88mm refers to the thickness of the Ivory White model in folded state. The overall thickness does not include the inner and outer screen protective films and the raised part of the camera. [2] The battery specifications and claim mentioned above are based on data available as of 7th July 2025 in Middle East & Africa. [3] The supported maximum wired charging capacity is 66W when going with the original HONOR SuperCharge charger. The 50W wireless charging is also supported with the original HONOR SuperCharge wireless charger. Please purchase the corresponding charger separately. The actual charging power will intelligently change with the scenarios. Please refer to the actual experience. [4] This feature will be upgraded via OTA. [5] Check responses. Compatibility and availability varies. Setup required. 18+. Google and Gemini are trademarks of Google LLC. [6] This feature will be available via OTA upgrade.

National Bank of Fujairah PJSC (NBF) – H1 2025 Results - Middle East Business News and Information
National Bank of Fujairah PJSC (NBF) – H1 2025 Results - Middle East Business News and Information

Mid East Info

time15 hours ago

  • Mid East Info

National Bank of Fujairah PJSC (NBF) – H1 2025 Results - Middle East Business News and Information

NBF posted its best half yearly net profit in H1 2025 of AED 625.4 million, up 41.8% compared to H1 2024 NBF is pleased to announce its results today for the six-month period ended 30 June 2025. Highlights: NBF recorded year-on-year growth of 41.8% to close the six-month period at a net profit before tax of AED 687.6 million compared to AED 484.9 million in the corresponding period of 2024. Further, NBF posted its best ever net profit after tax for a half year, amounting to AED 625.4 million, compared to AED 441.2 million in the corresponding period of 2024 with a corporate tax charge of AED 62.2 million. On the back of a strong Q2 2025 performance, NBF posted a net profit after tax of AED 318.6 million in the second quarter of 2025, a rise of 67.6% over the corresponding quarter of 2024. These results exhibit the bank's continued momentum on quality business growth and effective asset and liability management in a new era of heightened uncertainty and unpredictability, arising out of fractious geopolitics risk and trade tensions. Moreover, reduction in impairment provisions and continued careful management of costs and cost of risk, also contributed to this robust set of results. Facilitated by an improvement of AED 43.6 million in investments designated as fair value through other comprehensive income (FVOCI), NBF's total comprehensive income for the period was AED 669 million, up 56% compared to AED 428.7 million in the corresponding period of 2024. Underpinned by higher revenue generation from balance sheet growth and the on-going cost discipline, NBF posted an operating profit of AED 994.2 million for the six-month period, a rise of 17.6% compared to AED 845.8 million in the corresponding period of 2024; and up 20.7% for the three-month period ended 30 June 2025 over the corresponding period of 2024. Operating income reached AED 1.4 billion, up 12.9% compared to AED 1.2 billion in the corresponding period of 2024; and up 15.9% for the three-month period ended 30 June 2025 over the corresponding period of 2024 reflecting the enhanced focus on key business segment growth, proactive asset and liability management and the bank's Net interest income and net income from Islamic financing and investment activities grew 4.9% to AED 926.1 million for the six-month period ended 30 June 2025 compared to AED 882.5 million in the corresponding period of 2024. It was up 8.6% for the three-month period ended 30 June 2025 compared to the corresponding period of 2024. commitment to delivering exceptional customer service. Principal comments include: Net fees, commission and other income rose 37% to AED 314.7 million for the six-month period ended 30 June 2025 compared to AED 229.8 million in the corresponding period of 2024. It was up 42.8% for the three-month period ended 30 June 2025 compared to the corresponding period of 2024. Foreign exchange and derivatives income experienced a solid growth of 22.1% compared to the corresponding period of 2024, reaching AED 110.7 million for the six-month period ended 30 June 2025. It was up 8.9% for the three-month period ended 30 June 2025 compared to the corresponding period of 2024. Operating expenses increased by 1.9%, reflecting NBF's strategic focus on efficiency and excellence and investments in digitalization. This is executed with a fine balance of investments in its businesses, systems, infrastructure and people to deliver exceptional customer service, enhance innovation and deal with competitiveness in line with the changing market demands. These measures improved NBF's cost-to-income ratio to 26.9% compared to 29.8% in the corresponding period of 2024, remaining in the mid-industry range. NBF maintained its policy of prudent and transparent recognition of problem accounts. NBF booked net impairment provisions of AED 306.6 million for the six-month period ended 30 June 2025 compared to AED 360.9 million in the corresponding period of 2024, representing a reduction of 15%. The asset quality measured by the combined IFRS 9 stage 2 and 3 mix improved to 8.95% compared to 10.2% as at 31 December 2024. The NPL ratio improved to 4.6% compared to 5.1% as at 31 December 2024. The total provision coverage ratio improved to 133.4% compared to 119.4% as at 31 December 2024. Total assets rose by 5.7% to reach AED 64.3 billion compared to AED 60.9 billion at 2024 year-end, up by 15.6% from 30 June 2024. Loans and advances and Islamic financing receivables rose by 10.3% to reach AED 35.7 billion compared to AED 32.4 billion at 2024 year-end, up by 21.3% from 30 June 2024. Investments and Islamic instruments increased by 8.9% to reach AED 10.3 billion compared to AED 9.4 billion at 2024 year-end, up by 16.2% from 30 June 2024; optimizing a portion of liquidity towards a high-quality investment book to augment value and return. Customer deposits and Islamic customer deposits increased by 4.0% to reach AED 47.6 billion compared to AED 45.8 billion at 2024 year-end, up by 14.4% from 30 June 2024. Current and Saving Accounts (CASA) deposits stood at 42.9% of total customer deposits, balancing the impact of fixed-term deposit products. Ample liquidity has been maintained with lending to stable resources ratios at 70.3% (2024: 67.3%) and eligible liquid assets ratio (ELAR) at 27% (2024: 29.9%), well ahead of Central Bank of the UAE's minimum requirements. The capital adequacy ratio (CAR) stood at 16.5% (CET 1 ratio of 15.4%) compared to 16.6% (CET 1 ratio of 15.5%) at 2024 year-end; exceeding regulatory requirements and ensuring a robust financial foundation. Return on average assets improved to 2.0%, up from 1.6% for the corresponding period in 2024. Return on average equity improved to 17.9%, up from 13.3% for the corresponding period in 2024. NBF's rating was re-affirmed at Baa1 / Prime-2 for deposits and A3 for the counterparty risk assessment by Moody's and BBB+ / A-2 by Standard & Poor's, both with a stable outlook, highlighting the bank's underlying strength, prudent risk management and resilience. Dr. Raja Easa Al Gurg, Deputy Chairperson said: 'We are pleased with the NBF franchise growing and posting another set of stellar results in the first half of 2025 and being honored with a number of prestigious awards and endorsements. We are particularly impressed that, during Q2 2025, NBF has been recognized at the 2025 MEA Business Achievement Awards, in the Banking and Finance category, covering ESG Excellence and Outstanding Community Impact and Engagement; showcasing our commitment and collective efforts towards responsible banking, sustainable development and embedding best-in-class practices. Against the backdrop of heightened uncertainty and unpredictability, arising out of geopolitics risk and trade tensions, climate change and supply chain issues all contributing to a more volatile environment, we continued to deliver remarkable results across our diversified verticals reinforcing our commitment to delivering enhanced shareholder value and achieving sustainable growth. NBF remains well placed to benefit from the evolving market opportunities and the UAE banking sector's economic resilience, driven by its four strategic pillars, facilitated by its robust capital adequacy, healthy liquidity and a well-diversified balance sheet. We look to continuing the performance trend to deliver for our stakeholders.'

Drop In, Gear Up: HONOR Arms PUBG Mobile Stars with the Magic7 Pro
Drop In, Gear Up: HONOR Arms PUBG Mobile Stars with the Magic7 Pro

Mid East Info

time15 hours ago

  • Mid East Info

Drop In, Gear Up: HONOR Arms PUBG Mobile Stars with the Magic7 Pro

From stealth drops to final-circle showdowns, PUBG Mobile demands extreme focus, environmental awareness, and sustained performance under pressure. At the Esports World Cup 2025, HONOR is meeting that challenge head-on by powering elite PUBG Mobile players with its flagship HONOR Magic7 Pro, the official smartphone for this year's mobile competitions. PUBG Mobile isn't just fast – it's dynamic. Every match unfolds across massive maps with shifting strategies, and the players who thrive are those who can adapt in real time. To meet that demand, HONOR Magic7 Pro combines raw hardware strength with intelligent software tuning, delivering a seamless gameplay experience where accuracy, stability, and visibility matter most. Few games push hardware to its limits like PUBG Mobile — and the Magic7 Pro is built to meet that challenge head-on. At the core of HONOR Magic7 Pro is the Snapdragon® 8 Elite Mobile Platform, ensuring responsive performance even during vehicle-heavy rotations, multi-squad engagements, or fast-paced gunfights. AI Real-Time Rendering keeps visual fidelity sharp without sacrificing frame rate, while AI Predictive Scheduling ensures consistent system performance throughout long tournament series – no throttling, no compromise. In the world of PUBG Mobile, the ability to spot a sniper glint or movement across a hilltop is everything. That's where the 1-120Hz adaptive LTPO display on HONOR Magic7 Pro shines. With up to 5000 nits of peak brightness, it delivers incredible clarity even in outdoor venues under direct lighting. AI Eye Comfort Display technology reduces eye fatigue, so pros stay sharp through every drop zone and final zone. Gaming this intense doesn't wait for battery warnings. The HONOR Magic7 Pro comes equipped with a third-generation 5850mAh Silicon-carbon battery, designed to last through multiple matches and full-length sessions. And with 100W and 80W wireless HONOR SuperCharge, players can go from nearly empty to ready-to-drop in record time. Smart power management through the HONOR E2 Chip ensures long-term battery health and consistent power output, match after match. Staying cool under pressure – literally – is just as important. With its Ultra-wide Area Cooling System, HONOR Magic7 Pro regulates temperature across the entire body of the phone, preventing hotspots and performance dips during sustained firefights or aerial map glides. Whether camping in Yasnaya or pushing across open terrain in Miramar, the device keeps performance locked and fluid. PUBG Mobile is also a game of sound – footsteps, vehicles, suppressed shots – and HONOR Magic7 Pro delivers that edge with immersive spatial audio, dual stereo speakers, and AI-powered noise reduction. It ensures players don't just hear the action – they hear exactly where it's coming from. As the Esports World Cup 2025 unfolds in Riyadh, PUBG Mobile stands out as a true test of survival skill, precision, and adaptability. With the HONOR Magic7 Pro in hand, the world's best players will compete on equal footing – equipped with the tech they need to go all the way. Catch every highlight from EWC 2025 — follow HONOR's official social channels and experience the future of esports first-hand. About HONOR : HONOR is a global leading AI device ecosystem company. It is committed to revolutionizing human-to-device interactions to bridge the AI ecosystem with all consumers in the agentic AI era and beyond. The company endeavors to open industrial boundaries through open, seamless collaboration to co-create a value-sharing ecosystem with industry partners. With an innovative product portfolio spanning AI phones, PCs, tablets, wearables and more, HONOR aims to empower every human, enabling everyone to embrace the new intelligent world.

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