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Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

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The 10-year contract was signed with Centrica.

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This is a 30% YoY increase over Q1 2025.

Fahad Al Hassawi is CEO EITC

     

    • Al Hassawi has been the company’s acting CEO since September 2020.

    • During this period, he has guided the organization into two consecutive quarters of growth

     

    The board of Emirates Integrated Telecommunication Company (EITC) has officially confirmed Fahad Al Hassawi as its chief executive officer.

    He has been the company’s acting CEO since September 2020.

    During this period, the fifteen-year EITC veteran has guided the organization into two consecutive quarters of growth, quadrupling net profits.

    Chairman of the EITC Mohammad Hadi Al Hussaini has expressed confidence that Al Hassawi will “build on the momentum that EITC has embarked on and usher in a new accelerated phase of transformation”.

    “The EITC board has envisaged an ambitious transformational mandate from the inside-out, directed at driving a purpose and performance driven culture, a faster go-to-market approach, and a deeper and more personalized customer experience,” Al Hussaini  said. “To realize these ambitions, Al Hassawi has been appointed to lead EITC into the next phase of growth and expansion.”

    Al Hassawi has been with the EITC since 2006 in various capacities including a chief commercial officer and deputy CEO of the EITC overseeing telecom operations.

    He holds a master’s degree in Industrial Engineering from the University of Miami and has completed a Global Business Consortium Program at the London Business School in 2005.