Apple's chief executive Tim Cook, right, meets Ahmad Julfar, chief executive of Etisalat Group. Courtesy Etisalat Group
Apple's chief executive Tim Cook, right, meets Ahmad Julfar, chief executive of Etisalat Group. Courtesy Etisalat Group

Apple’s Tim Cook visits Etisalat



Apple's chief executive Tim Cook continued his tour of the UAE with a visit to Etisalat's headquarters to meet with Ahmad Julfar, chief executive of Etisalat Group.

The two executives discussed ways to bolster Apple’s presence in the region.

Apple has been losing market share to Samsung, whose Galaxy range of smartphones are the most popular with consumers in the UAE. Samsung handsets account for more than 16 per cent of the UAE's total mobile market share, while Apple lags behind with 7.8 per cent according to the Telecommunications Regulatory Authority.

By strengthening its relationship with Etisalat, Apple can gain better access to the telecom providers 15 markets which includes Saudi Arabia, Egypt, Pakistan and Nigeria.

“We are all about making great products that people don’t know they need today but when they have them, they can’t live without,” said Mr Cook. “We would like to bring our passion tot he UAE, Saudi Arabia and Africa.”

thamid@thenational.ae

Sour Grapes

Author: Zakaria Tamer
Publisher: Syracuse University Press
Pages: 176

Traces of Enayat

Author: Iman Mersal
Publisher: And Other Stories
Pages: 240

Company Profile

Company name: Hoopla
Date started: March 2023
Founder: Jacqueline Perrottet
Based: Dubai
Number of staff: 10
Investment stage: Pre-seed
Investment required: $500,000

The specs: 2019 Jeep Wrangler

Price, base: Dh132,000

Engine: 3.6-litre V6

Gearbox: Eight-speed automatic

Power: 285hp @ 6,400rpm

Torque: 347Nm @ 4,100rpm

Fuel economy, combined: 9.6L to 10.3L / 100km

Turning waste into fuel

Average amount of biofuel produced at DIC factory every month: Approximately 106,000 litres

Amount of biofuel produced from 1 litre of used cooking oil: 920ml (92%)

Time required for one full cycle of production from used cooking oil to biofuel: One day

Energy requirements for one cycle of production from 1,000 litres of used cooking oil:
▪ Electricity - 1.1904 units
▪ Water- 31 litres
▪ Diesel – 26.275 litres

Company profile

Company name: Fasset
Started: 2019
Founders: Mohammad Raafi Hossain, Daniel Ahmed
Based: Dubai
Sector: FinTech
Initial investment: $2.45 million
Current number of staff: 86
Investment stage: Pre-series B
Investors: Investcorp, Liberty City Ventures, Fatima Gobi Ventures, Primal Capital, Wealthwell Ventures, FHS Capital, VN2 Capital, local family offices

DEADPOOL & WOLVERINE

Starring: Ryan Reynolds, Hugh Jackman, Emma Corrin

Director: Shawn Levy

Rating: 2.5/5

RACE CARD

5pm: Maiden (PA) Dh80,000 1,400m
5.30pm: Maiden (PA) Dh80,000 1,200m
6pm: Arabian Triple Crown Round-1 (PA) Listed Dh230,000 1,600m
6.30pm: HH The President’s Cup (PA) Group 1 Dh2.5million 2,200m
7pm: HH The President’s Cup (TB) Listed Dh380,000 1,400m
7.30pm: Wathba Stallions Cup (PA) Handicap Dh70,000 1,200m.

Company Profile

Company name: Cargoz
Date started: January 2022
Founders: Premlal Pullisserry and Lijo Antony
Based: Dubai
Number of staff: 30
Investment stage: Seed

Sarfira

Director: Sudha Kongara Prasad

Starring: Akshay Kumar, Radhika Madan, Paresh Rawal

Rating: 2/5

THE SPECS

Engine: 1.5-litre turbocharged four-cylinder

Transmission: Constant Variable (CVT)

Power: 141bhp 

Torque: 250Nm 

Price: Dh64,500

On sale: Now

COMPANY PROFILE

Company: Eco Way
Started: December 2023
Founder: Ivan Kroshnyi
Based: Dubai, UAE
Industry: Electric vehicles
Investors: Bootstrapped with undisclosed funding. Looking to raise funds from outside