Emirates Telecommunications Group (EAND)

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News

22 January 2020 04:19 PM Etisalat tops most valuable consumer brands in MEA

Abu Dhabi – Mubasher: Emirates Telecommunication Group (Etisalat) has been ranked as the most valuable consumer brand in the Middle East and Africa in 2020 for the third year in a row by Brand Finance, the world’s leading independent brand …

Macroeconomics

4 December 2019 02:15 PM STC tops MENA region’s digital companies

Riyadh – Mubasher: Saudi Telecom Company (STC) was chosen as the best digital company in the Middle East and North Africa (MENA) region, according to a recent ranking by Forbes magazine for the Top 100 Digital Companies around the world. Coming in …

Company News

27 November 2019 09:23 AM Fitch affirms Etisalat’s IDR at ‘A+’

Abu Dhabi – Mubasher: Fitch Ratings has affirmed the long-term issuer default rating (IDR) and senior unsecured debt of Emirates Telecommunications Group Company (Etisalat) at 'A+', with a ‘Stable’ outlook, according to a statement.  The ratings …

Ratings

27 October 2019 00:21 PM Etisalat Digital teams up with DMCC to transform JLT into 5G-powered district

Dubai – Mubasher: Etisalat Digital, a business unit of Emirates Telecommunication Group (Etisalat), has partnered with Dubai Multi Commodities Centre (DMCC) to make Jumeirah Lakes Towers (JLT) the first fifth generation (5G)-powered district of …

Companies Investments

23 October 2019 00:10 PM Etisalat posts near AED 7bn profits in 9M

Abu Dhabi – Mubasher:  Etisalat Group disclosed its consolidated financial statement for the first nine months of 2019. Net profits recorded AED 2.3 billion during the third quarter of 2019, while revenues amounted to AED 13 billion, according to …

Company News

19 October 2019 09:39 PM Etisalat conducts 1st end-to-end 5G standalone call in MENA

Mubasher: Etisalat has completed the first end-to-end 5G standalone call in the Middle East and North Africa region in the UAE, Emirates News Agency reported on Saturday. The recent announcement followed the completion of a test conducted in the …

Companies Investments

17 October 2019 00:20 PM ADX to suspend trading on Etisalat’s stock temporarily

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) announced that it will suspend trading on Emirates Telecommunication Group Company’s (Etisalat Group) stock on 23 October 2019 until it receives the results of the company’s board …

Market News

9 October 2019 00:53 PM Etisalat Misr expected to invest EGP 4.5bn in 2020

Cairo – Mubasher: Etisalat Misr, a subsidiary of the UAE’s Emirates Telecommunications Group, has invested EGP 50 billion since the start of its operations in the Egyptian market, including EGP 4.5 billion during 2019, the Middle East News Agency …

Macroeconomics

8 October 2019 02:05 PM Etisalat’s business unit maximises protection for small and medium-sized businesses

UAE - Mubasher: The partnership between SonicWall and Etisalat Digital, the business unit of Emirates Telecommunications Group (Etisalat), has yielded a product which was included in Etisalat’s Business QuickStart broadband bundle provided for …

Companies Investments

6 October 2019 03:31 PM Etisalat displays 5G-powered solutions at GITEX 2019

Abu Dhabi – Mubasher: Emirates Telecommunications Group (Etisalat) announced it has showcased innovative solutions under the theme of ‘5G-A World without limits’ at the GITEX Technology Week 2019 being held in Dubai. At the GITEX, Etisalat has …

Company News

3 October 2019 02:33 PM Jafza, Etisalat cooperate to offer 5G experience

UAE - Mubasher: Jebel Ali Free Zone has cooperated with Emirates Telecommunications Group Company (Etisalat) to showcase 5G technology to a group of officials and employees.  The cutting edge technology was demonstrated onboard through an …

Companies Investments

18 September 2019 04:58 PM Etisalat acquires cyber security company

Abu Dhabi – Mubasher: Emirates Telecommunications Group Company (Etisalat) has acquired 100% of cybersecurity company Help AG, according to a bourse statement released on Wednesday. The deal is in line with Etisalat’s strategy to enhance and …

Mergers and Acquisitions

20 August 2019 11:47 AM Etisalat’s board nods to H1-19 dividends

Abu Dhabi – Mubasher: The board members of Emirates Telecommunications Group Company (Etisalat) have approved, during their meeting on Tuesday, the interim dividend distribution for the first six months of 2019. Etisalat should pay 40 fils per …

Cash Dividends

31 July 2019 04:48 PM UAE finance ministry, Etisalat ink deal on e-Dirham payment services

Abu Dhabi – Mubasher: The government of the UAE has signed an agreement with Emirates Telecommunications Group (Etisalat) to offer e-Dirham services on the company’s official portal. This deal has come in line with the UAE Ministry of Finance’s …

Companies Investments

23 July 2019 01:43 PM Etisalat logs AED 2.2bn consolidated profits in Q2

Abu Dhabi – Mubasher: Emirates Telecommunication Group Company (Etisalat), listed on the Abu Dhabi Securities Exchange (ADX), reported a 1% year-on-year increase in consolidated net profit after Federal Royalty for the second quarter of 2019. Net …

Financial Results

11 July 2019 10:25 AM UAE's Etisalat not to add extra charges on 5G services

Abu Dhabi – Mubasher: Emirates Telecommunications Group (Etisalat) revealed it has not imposed any additional charges on using the 5G network services, Al-Ittihad newspaper reported. Customers of the telecom firm can directly connect with the 5G …

Corporate Actions

7 July 2019 10:17 AM UAE’s Etisalat bids for telecom licences in Ethiopia

Abu Dhabi – Mubasher: It was reportedly announced that Emirates Telecommunications Group (Etisalat), listed on Abu Dhabi Securities Exchange (ADX), is likely to be among a number of contenders aiming to foray into the Ethiopian market. The Emirati …

Company News

3 July 2019 05:07 PM Etisalat partners with Microsoft for digital solutions

Abu Dhabi – Mubasher: Etisalat Digital, a business unit of Emirates Telecommunication Group (Etisalat), has announced a partnership with Microsoft to provide government entities, large enterprises, and small and medium enterprises (SMEs) in the …

Companies Investments

12 June 2019 11:59 AM Etisalat introduces 5G network at Abu Dhabi’s MTB

Abu Dhabi – Mubasher: Emirates Telecommunication Group (Etisalat) on Wednesday announced it has provided Abu Dhabi’s new international airport, the Midfield Terminal Building (MTB), with fifth-generation (5G) network. By this step, Etisalat has …

Companies Investments

10 June 2019 00:31 PM Dubai Land Department inks deal with Etisalat

Dubai – Mubasher: Dubai Land Department (DLD) on Monday announced signing a memorandum of understanding (MoU) with Emirates Telecommunications Group Company (Etisalat) concerning Ejari system and the real estate blockchain technology. The deal …

Corporate Actions

4 May 2019 09:19 PM Etisalat Misr to invest EGP 4.5bn in 2019 – CEO

Cairo – Mubasher: Egypt’s Etisalat Misr, a subsidiary of the UAE’s Emirates Telecommunications Group, is planning to pump EGP 4.5 billion ($260 million) investments to upgrade its network and services in 2019. The telecom company aims to double …

Companies Investments

23 April 2019 00:26 PM Etisalat’s Q1 profit rises 5%

Abu Dhabi – Mubasher: Emirates Telecommunication Group Company (Etisalat) reported a 5% year-on-year increase in profits for the first quarter of 2019. Profits attributable to the owners of the telecom company registered AED 2.21 billion ($600 …

Financial Results

9 April 2019 05:04 PM Chinese OPPO, Etisalat partner to boost 5G ecosystem

Dubai – Mubasher: Chinese smartphone maker OPPO on Tuesday revealed that it has connected with Etisalat to test the compatibility of OPPO 5G smartphones with Etisalat’s 5G network as part of its commitment to upgrade the 5G ecosystem.  This is the …

Companies Investments

30 March 2019 06:56 PM Etisalat in talks to acquire stake in Kazakhstani firm

Abu Dhabi – Mubasher: Emirates Telecommunications Group (Etisalat) is reportedly negotiating the acquisition of a stake in Kazakhstani telecommunication company Kazakhtelecom. Representatives from both companies will hold a meeting in May to …

Mergers and Acquisitions

20 March 2019 09:41 PM Etisalat’s shareholders consent to 80 fils per-share dividends

Abu Dhabi – Mubasher: Emirates Telecommunications Group’s (Etisalat) ordinary general meeting has approved the distribution of 80 fils per share in cash dividends for 2018, according to a bourse statement released on Wednesday. Etisalat’s capital …

Cash Dividends