The company's revenues increased by 3.3 percent to $3.64 billion.

The company's second quarter net profit increased 4% year on year.

Companies like ADNOC, Saudi sovereign fund, and Niu are making significant strides as the two Gulf countries seek to diversify their economies and capitalize on high oil prices.

ABU DHABI, UAE - etisalat by e& announced on Saturday the implementation of the Eutelsat Quantum satellite solution, becoming the first telecommunications company in UAE to expand 5G network capabilities over a software-defined satellite. This will give customers access to high speeds, enhanced coverage and scalability to meet future demands...

The telecom company's net profit vaulted to $680.5m in Q3.

The digital bank is co-owned by ADQ, Etisalat, and others.

Although the last several months have been hard for listed businesses in the Middle East, yet many have defied the dire predictions to dominate capital markets.

Its consolidated revenues rose 0.8 percent to AED13.3 billion.

This comes as Etisalat aims to expand its footprint in Saudi Arabia.

Thanks to a spike in crude oil prices pushed beyond $100 by the Russian-Ukraine conflict, the stock markets of Saudi Arabia and the UAE posted gains in February.

UAE’s biggest telecom operator Etisalat will now be called as e& after its rebranding on Wednesday, which was launched by Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs. The rebranding comes as the group seeks to become a global technology and investment conglomerate. Mansour...

The consolidated revenue stood at AED53.34 billion ($14.52 billion).

The Emirati indices managed to show gains throughout the week, while the Saudi index was unchanged.

The surge in oil prices fueled the start of the week's high for the Saudi stock market, while the UAE indices fluctuated throughout the week.

Despite an increase in Omicron cases across the world, investors remain confident in the Saudi stock market. The UAE markets, meanwhile, stay cautious.

Its consolidated revenues in Q3 reached AED13.3bn ($3.62bn).

Abu Dhabi Investment Office (ADIO) and Etisalat will work together to unlock opportunities for businesses in Abu Dhabi by introducing companies to their extensive networks and strengthening cooperation across the economic system. The partnership combines ADIO’s support services with Etisalat’s innovation capabilities to deliver opportunities for businesses in the emirate,...

SmartHub has become a key element of the digital infrastructure in the region.

The UAE-based company will share practices at GMIS 2021.

Following the impressive performance, the UAE's leading telecommunications company said it will distribute interim dividends of 40 fils per share for the first-half of this year.