- This comes as Etisalat aims to expand its footprint in Saudi Arabia.
Etisalat Group currently holds a 28-percent stake in Saudi-listed Mobily and it plans to see this going up to 50 percent
The Abu Dhabi-based firm, formally known as Emirates Telecommunication Group Co., has proposed a price of SR47 per share ($12.5)
- The year 2022 marks the 50th anniversary of the company.
Sheikh Mohamed bin Saif Al-Nahyan, Chairman of ADNIC, said the distribution of 40 percent cash dividends demonstrated the company’s robust financial performance.
Futoon Hamdan Mohammed Al Mazroui was welcomed as the first woman to join the company's Board of Directors.
- British Prime Minister Boris Johnson met with oil-rich Saudi Arabia's Crown Prince Mohammed bin Salman to lobby for higher production...
"It's not just a question of looking at the OPEC countries and what they can do to increase supply, though that is important," Johnson told British media
Saudi Arabia and the UAE, which are two of the world's biggest oil exporters have so far avoided taking a position against Russia.
- GCC companies should work closely with digital and software companies to expedite digital transformation, says Fahad Al Hassawi, CEO of...
du is the second largest telecom service provider in the UAE, and its 2021 revenues grew by 5.4% to $3.19 billion
Agility will be key to the telecommunications industry and requires telecom operators to look beyond connectivity, says al Hassawi
- In a first, the state-owned DEWA will be listed on the Dubai Financial Market by April as part of Dubai's...
Dubai Electricity and Water Authority plans to float 3.25 million shares, or a 6.5-percent stake, by April in what is expected to be Dubai’s biggest ever listing
The retail offering subscription will run from Mar. 24 until Apr. 2, while the qualified investor offering period will be from Mar. 24 to Apr. 5
- Emirates will offer multiple daily and weekly flights throughout Australia, India, Philippines, Thailand and South Africa, many of which are...
Emirates will operate its three-class Boeing 777-300ER on the route, featuring eight private suites in First Class.
The new service to Tel Aviv will also provide 20 tonnes of cargo capacity on each flight, providing channels for Israeli businesses.
- Egypt and American Defense company, Lockheed Martin, have discussed ways to enhance cooperation.
Mohamed Ahmed Morsi, Egypt’s minister of state for military production, held talks with Raymond Piselli, vice president of Lockheed Martin
Morsi noted that Egypt’s growing presence in the field of security and defence is the result of economic reforms undertaken by Egypt
- Cryptocurrency exchange platform Binance, one of the world's largest, said Tuesday it had been granted an operating license in Bahrain,...
The company said it would provide crypto asset trading and portfolio management services under the supervision of the Central Bank of Bahrain
Bahrain hopes to become a regional hub for crypto asset companies, as does Dubai
- Emirates NBD has taken the lead in supporting upcoming initial public offerings (IPOs) on the Dubai Financial Market (DFM) with...
Emirates NBD’s IPO platform has built-in real time subscription payment capabilities for UAE investors and wire transfer capabilities for non-UAE investors.
The seamless, single interface enables completely paperless subscription in five simple steps making the process simpler and paperless.





















