Emirates Telecommunications Group (ETISALAT)

Abu Dhabi – Mubasher: e& and National Mobile Telecommunications Company (Ooredoo) partnered to deploy the subsea latest technology enabling the Gulf Gateway Cable (GGC1) system, according to a press release. The two entities will join forces to …

Abu Dhabi – Mubasher: e& announced plans to invest $6 billion between 2024-2026 in technological advancement, infrastructure development, and innovative digital solutions to boost connectivity. The listed group made this commitment to the …

Abu Dhabi – Mubasher: Emirati telecommunication giant e& and Sweden’s Ericsson announced completing a successful 5G data call test using Ericsson’s Cloud Radio Access Network (RAN) setup in a lab setting in the UAE. The results of the trial showed …

Abu Dhabi – Mubasher: The board members of e& proposed the distribution of AED 3.47 billion as final dividends for the second half (H2) of 2023, according to a bourse filing. The telecom group will disburse 40 fils per share, bringing the full …

Abu Dhabi – Mubasher: e& logged consolidated net profits attributable to the owners valued at AED 10.30 billion in 2023, marking an annual increase of 3% (AED 300 million) from AED 10 billion. Revenues grew by 2.50% (AED 1.32 billion) to AED 53.75 …

Mubasher: Burjeel Holdings collaborated with e& enterprise, a subsidiary of the listed e&, to boost the healthcare sector in the UAE and beyond. The two parties inked a strategic memorandum of understanding (MoU) and agreed to join forces for a …

Abu Dhabi – Mubasher: Etisalat by listed e& partnered with Advanced Real Estate Services (ADRES) to enhance its products, according to a press release. The two entities will collaborate to boost DARI, Abu Dhabi's comprehensive digital real estate …

Mubasher: The Saudi Exchange (Tadawul) has signed a memorandum of understanding (MoU) with e& enterprise, a subsidiary of the listed e& telecom company, at the United Nations Framework Convention on Climate Change (COP28). The two sides aim to …

Abu Dhabi – Mubasher: Etisalat Services Holding by e&, the formerly known Etisalat, has signed a memorandum of understanding (MoU) with Nakheel Community Management (Nakheel Communities) which is a subsidiary of the Dubai-based real estate …

Riyadh – Mubasher: Saudi Telecom Company (stc) has announced the Sustainability Innovation Hub as part of its collaboration with GCC Telco Alliance members, which include leading telecom operators from Saudi Arabia, the UAE, Bahrain, Oman, and …

Abu Dhabi – Mubasher: e&, formerly known as Etisalat Group, has signed its first green loan agreement with a consortium of banks at a total value of AED 366 million (nearly $100 million). The financing aligns with the UAE group’s commitment to …

Abu Dhabi – Mubasher: The net profits attributable to the owners of e& hit AED 7.68 billion in the first nine months (9M) of 2023, up from AED 7.34 billion during the same period in 2022. Revenues reached AED 40.01 billion in 9M-23, an annual hike …

Cairo – Mubasher: Etisalat Egypt by listed e& joined forces with Banque Misr to launch an electronic payments firm with a capital of EGP 500 million ($16.17 million). The e-payments joint venture (JV) is expected to be inaugurated by the end of …

Abu Dhabi – Mubasher: e& capital, part of e&, led a $5 million funding round to boost the expansion of Abu Dhabi-based technology firm Maxbyte, according to a press release. Maxbyte, a leading provider of Industry 4.0 solutions, aims to help smart …

Abu Dhabi – Mubasher: e&, formerly known as Etisalat Group, concluded the acquisition of a 63.30% majority stake in Beehive Group Holdings Limited for $23.60 million, according to a bourse statement. Accordingly, Beehive will be included in e&’s …

Abu Dhabi – Mubasher: e& generated AED 4.70 billion in net profit attributable to the shareholders during the first half (H1) of 2023, versus AED 4.86 billion in H1-22. Revenues stood at AED 26.61 billion as of 30 June 2023, up year-on-year (YoY) …

Abu Dhabi – Mubasher: e&, formerly known as Etisalat Group, and PPF Group will join forces to explore strategic collaboration opportunities in central and southeastern Europe, excluding the Czech Republic. In a bourse disclosure, the UAE-based …

Abu Dhabi – Mubasher: e& enterprise, part of e&, has partnered with Maxbyte Technologies to deliver advanced solutions for Industry 4.0 in the MEA region, according to a press release. The two entities inked the agreement during the second edition …

Mubasher: e& and Bespin Global concluded the establishment of a joint venture (JV) that aimed to secure public cloud-managed and professional services across the Middle East, Turkey, Africa, and Pakistan (METAP). The ADX-listed company holds a 65% …

Abu Dhabi – Mubasher: e&, formerly known as Etisalat Group, has entered into a strategic agreement with Vodafone Group to join forces in certain key areas of their businesses across Europe as well as the Middle East and Africa (MEA) region. The …

Abu Dhabi – Mubasher: e& enterprise, part of e&, which is formerly known as Etisalat Group, inked a binding deal to hold large equity ownership in Beehive Group Holdings Limited. e& enterprise will acquire a shareholding ranging between 61% and …

Abu Dhabi – Mubasher: e&, formerly known as Etisalat Group, logged net profits attributable to the owners valued at AED 2.18 billion in the first quarter (Q1) of 2023, an annual decline of 10.20% from AED 2.43 billion. The telecom group posted …

Abu Dhabi – Mubasher: e&, formerly known as Etisalat Group, announced cash dividends amounting to AED 6.95 billion, equivalent to 80 fils per share, for 2022, according to a bourse filing. The company’s general assembly meeting greenlighted the …

Abu Dhabi – Mubasher: e&, formerly known as Etisalat Group, inked a binding agreement with Uber Technologies to own a majority stake of 50.03% in Careem Super App at an investment of $400 million. The Careem Super App, currently part of Careem …

Abu Dhabi – Mubasher: The board of e&, formerly known as Etisalat Group, recommended a cash dividend of 40 fils for the second half (H2) of 2022, according to a bourse disclosure. Under the board’s proposal that was determined on 6 March, the …