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Huawei Launches the Latest 5G-A Solutions for the Mobile AI Era

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ISTANBUL, Nov. 8, 2024 /PRNewswire/ — At the Global Mobile Broadband Forum 2024 (MBBF 2024), Cao Ming, Vice President of Huawei and President of Huawei’s Wireless Solution, launched 5G-AA solutions. Cao said: “Mobile AI is changing our lives. The arising new connections and services pose increasingly higher requirements on networks. Huawei’s 5G-AA 10 solutions build multidimensional ultimate network capabilities through the full-series Advanced Radio, enable full-domain site digitalization through Ambient Site, and achieve L4 network autonomy through the Agent-based digital engineers team. With such excellent performance, these solutions will help operators meet the ever-diversifying demand for services in the Mobile AI era.”

Huawei’s 5G-AA solutions will deepen the convergence of 5.5G and AI through ‘Networks for AI’ and ‘AI for Networks’. ‘Networks for AI’ will enable networks to possess the sufficient capabilities that are required to address differentiated service requirements and improve both network performance and user experiences. ‘AI for Networks’ will equip networks with L4 autonomy through digital sites and RAN Agents. Operators can use these solutions in a wide range of scenarios to sustain their leading positions.

1. Sub-1 GHz Massive MIMO builds a ubiquitous foundation layer for Mobile AI. Sub-1 GHz Massive MIMO provides an innovative solution to many technical challenges to meet the general deployment requirements of site engineering, bringing Massive MIMO to low bands. While providing extensive coverage, low-band Massive MIMO improves downlink, uplink, and low-latency experiences. It supports full access from all RATs, full IoT connectivity, and full real-time service guarantee.

2. Unique sub-6 GHz all-band integration in one box enables simplified single-antenna Massive MIMO deployment. Blade AAU X is the industry’s first product that uses a single antenna to support Massive MIMO deployment across all sub-6 GHz bands. Unlike other Massive MIMO modules, this product can be deployed on a single pole, and requires 50% less site space and 70% lower OPEX. It supports GHz-level bandwidth with one pole, maximizing spectral efficiency.

3. The industry’s first unique U6GHz AAU ensures continuous 10 Gbps. The U6GHz AAU integrates more than 1,500 antenna elements and uses leading MU-MIMO algorithms. With the collaboration of such leading hardware and software, it supports a capacity of up to 100 Gbps and speeds of up to 10 Gbps. It enables coverage to be aligned with C-band to ensure uninterrupted Gbps experiences indoors.

4. LampSite introduces Passive IoT (P-IoT) for the first time to upgrade digital intelligence indoors. LampSite X supports both indoor 10 Gbps and P-IoT access. It can be deployed in half the time and allows asset stocktaking to be done daily, instead of monthly, compared with other solutions.

5. The industry’s lightest AAU enables simplified mid-band deployment with a huge bandwidth. EasyAAU is the industry’s lightest AAU product, weighing half of an 8T RRU model. This enables it to be deployed on walls in urban areas and poles in rural areas to quickly provide 5G coverage. The delivery time is 40% shorter and the capacity can also be doubled.

6. The industry’s first microwave-antenna integration overcomes antenna installation challenges. Integrated antenna and microwave (IAM) houses antennas and E-band microwave units in one box, which reduces single-box weight by 30% and the space needed for installation by 50%. The antenna also supports all-beam auto-seeking, which helps reduce maintenance costs.

7. The industry’s first full-duplex microwave upgrades transmission capacity. The industry’s first full-duplex microwave, MAGICSwave, uses super-isolated antennas and interference cancellation algorithms to double spectral efficiency. It has a capacity of up to 50 Gbps, allowing operators to navigate the huge demand for data transmission in the Mobile AI era.

8. The industry’s first one-box rural network solution helps narrow down the connection gap in rural areas. RuralCOW represents an upgrade from RuralStar and RuralLink. By integrating fronthaul units and radio units into one box, it can be deployed without needing backhaul, BBU, and main power supplies. This significantly reduces the site costs of multi-RAT deployments in remote areas and suburbs.

9. Agent-based digital engineers team enables higher-level network autonomy. Based on the intelligent RAN Agent, the Agent-based digital engineers team has been incubated, which includes four digital experts that perform unattended maintenance, real-time network optimization, 24/7 energy saving, and accurate service provisioning evaluation.

10. Unique full-domain digital sites enable visualized site-level sensing and control. Ambient Site links a site’s main equipment with its antennas, power supplies, and transmission devices, helping realize full site digitalization. This enables networks to improve energy saving and user experiences.

“Mobile AI is on the horizon. We will continue to work with all industry partners and innovate to promote the integration of 5.5G and AI,” concluded Cao.

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Max Stock Limited Announces Change in Shares Held by an Interested Party

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CAESAREA, Israel, Nov. 24, 2024 /PRNewswire/ — Max Stock Limited (TASE: MAXO(; )the “Company”, “Max Stock“) today announced that on November 20th, 2024, Phoenix Financial Ltd. and Phoenix Investment House Ltd. (“Phoenix reporting group”), including their respective nostro account, provident funds and provident fund management companies, as well as mutual fund management companies and market maker sub entities, informed the Company that they had sold shares of the Company thereby lowering their joint holdings to 4.8% of the Company’s issued capital (4.15% and 0.65% respectively). As a result, Phoenix reporting group will no longer be an interested party in the Company.

This is an English translation of segments of a Hebrew immediate report that was published on November 24, 2024 (Ref. No: 2024-01-618032) (hereinafter: the “Hebrew Version”). This English version is only for convenience purposes. This is not an official translation and has no binding force. In the event of any discrepancy between the Hebrew Version and this translation, the Hebrew Version shall prevail.

About Max Stock

Max Stock is Israel’s leading extreme value retailer, currently present in 64 locations throughout Israel and 2 locations in Portugal. We offer a broad assortment of quality products for customers’ everyday needs at affordable prices, helping customers “Dream Big, Pay Small”. For more information, please visit https://ir.maxstock.co.il                 

Company Contacts:

Talia Sessler,
Chief Corporate Development and IR Officer
talia@maxstock.co.il

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SOURCE Max Stock Limited

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Qatar Development Bank announces strategic investment in global Islamic FinTech, Wahed

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DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Qatar Development Bank (QDB) announces a strategic investment in Wahed, a global Shariah-compliant fintech.

Wahed currently manages over $1 billion in assets and has attracted over 400,000 clients worldwide. The company is built on the principles of democratizing access to financial services and offers clients access to Shariah-compliant investments in its mobile app. Wahed removes the barriers to sophisticated investment management services that have been traditionally reserved for high-net-worth investors.

Khalid Al Jassim, Executive Chairman of Wahed MENA said: ‘We are delighted to welcome our new shareholders, QDB. We believe Qatar is fully aligned with our mission in creating a technology-first Islamic finance leader that unlocks a financial ecosystem free from Riba. We look forward to supporting the Qatar National Vision 2030 of becoming a leading knowledge-based economy.

Ali Rahimtula, Partner at Cue Ball Capital said: “Qatar Development Bank’s strategic investment is a clear signal of the faith the industry has in Wahed and its ability to create the future of Islamic Finance.”

About Wahed

Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.

For more information, visit: www.wahed.com

About Qatar Development Bank

Qatar Development Bank’s mission is to advance the economic and innovation development cycle of Qatar, supporting and contributing to the nation’s economic diversification. As well as a focus on the development of Qatar’s private sector, QDB is a powerful catalyst for socio-economic development in the country, empowering the local economy and bettering living standards.

For more information, visit: https://www.qdb.qa/

 

SOURCE Wahed

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Wahed appoints Khalid Al Jassim as Executive Chairman of Wahed MENA to help guide the strategic growth of Wahed in the region

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DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Wahed, a global Shariah-compliant fintech, has appointed Khalid Al Jassim as Chairman of Wahed MENA.

On this appointment, Khalid commented, ”I am excited to guide Wahed’s growth in the region. Wahed’s mission of furthering Islamic Finance is one I resonate with deeply and I look forward to supporting its growth ambitions.”

Khalid has over twenty five years of investment banking and corporate advisory experience gained with some of the most innovative and groundbreaking institutions in the world.

His career spans leading firms including SABIC, Arthur Anderson and Arcapita Bank in Bahrain, where he was instrumental in making it into one of the PE powerhouses in the region. His responsibilities started in the earlier years with establishing the Investment Placement Team and transforming it into one of the most robust teams in the industry. At the time that Khalid left Arcapita to build his personal business, he was an Executive Director. Today he is Chairman of Afkar Vision, a private advisory house specialized in mergers and acquisitions with offices in Manama, Dubai and Riyadh.

As well as being one of the earliest investors in Wahed, he is currently Chairman of the Audit Committee and Board Member at Bahrain Islamic Bank, the 4th oldest Islamic Bank in the World and Board Member at SICO Bank and SICO Capital in Saudi, an $8bn asset manager in the region.

Mohsin Siddiqui, Wahed CEO said, “We are delighted to announce Khalid’s appointment. His unique understanding of the financial landscape in the MENA region is unparalleled and we are excited to bring this expertise in continuing to grow our presence in the region.”

About Wahed

Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.

For more information, visit: www.wahed.com

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