Emirates Integrated Telecommunications Co PJSC (DU)

Last update: 02:56 PM market time.

11.28

0.14

1.26%

Open 11.10

Previous Close 11.14

High 11.28

Low 11.08

Stock Statistics

Volume 2,579,818

Turnover 28,713,012.74

All data are 15 minutes late during market session

News

Kizad Abu Dhabi and DSO Dubai are in line with du’s objective

29 September 2021 02:38 PM du opens two new data centres to boost digital transformation

Dubai – Mubasher: Emirates Integrated Telecommunications Company (du) has inaugurated two new data centres to provide next-generation digital infrastructure to companies across the UAE. Kizad Abu Dhabi and DSO Dubai are in line with du’s objective …

Companies Investments

du will equip EDGE with telco solutions and infrastructure

28 September 2021 03:10 PM du, EDGE sign MoU for telecommunications support

Dubai – Mubasher: Emirates Integrated Telecommunications Company (du) has entered into a Memorandum of Understanding (MoU) to provide EDGE Group, the advanced technology group for defence and beyond, with value-added telecommunications services. …

Companies Investments

du aims to extend advanced digital solutions among smaller enterprises

21 September 2021 00:35 PM du launches Business Starter Plan for small businesses

Dubai – Mubasher: Emirates Integrated Telecommunications Company (du) has launched its new Business Starter Plan to enable small enterprises to grow their businesses across the UAE. The new all-in-one service will provide unlimited landline calls …

Companies Investments

The UAE will gradually shut down the 2G network

25 August 2021 00:44 PM du to close 2G networks as per TDRA's decision

Dubai – Mubasher: Emirates Integrated Telecommunications Company (du) will be closing its 2G networks as per the decision of the Telecommunications and Digital Government Regulatory Authority (TDRA). The TDRA previously announced that the UAE will …

The company generated revenues of AED 5.738 billion in H1-21

26 July 2021 02:40 PM du records lower profits in H1-21; dividends proposed

Dubai – Mubasher: Emirates Integrated Telecommunications Company (du) reported a decline in net profits to AED 496.997 million during the first half (H1) of 2021, compared to AED 570.411 million in the same half of 2020, as shown by the company's …

Board of Directors

The partnership will allow organisations to reduce risks

4 July 2021 00:06 PM du, Wipro launch new Multi-Cloud platform in UAE

Dubai – Mubasher: Emirates Integrated Telecommunications Company (du) and Wipro Limited have launched a new Multi-Cloud platform to deliver market-leading multi-cloud management and migration capabilities. The new platform comes in line with the …

Companies Investments

Nokia will offer its latest innovative and end-to-end enterprise solutions

28 June 2021 00:54 PM du partners with Nokia to develop new 5G use cases for UAE's industrial sectors

Dubai – Mubasher: Emirates Integrated Telecommunications Company (du) has entered into a Memorandum of Understanding (MoU) with Nokia to develop new 5G use cases to accelerate the digital transformation of enterprises in the UAE. The use cases …

Companies Investments

The new solution will facilitate the exchange of information between government entities

22 June 2021 00:59 PM du partners with DAFZA to launch UAE's first NOC blockchain service

Dubai – Mubasher: Emirates Integrated Telecommunications Company (du) has entered into a strategic partnership with the Dubai Airport Free Zone Authority (DAFZA) to launch the UAE's first locally hosted blockchain service, the Blockchain Edge. The …

Companies Investments

du will offer the infrastructure coupled with Philips’ technological advancements

8 June 2021 11:15 AM du partners with Philips to accelerate digital transformation in UAE's healthcare

Dubai – Mubasher: Emirates Integrated Telecommunications Company (du) and Philips, a global leader in health technology, has inked a Memorandum of Understanding (MoU) to accelerate the data-driven transformation of healthcare in the UAE, marking …

Companies Investments

Al Hassawi has been acting as the company's CEO

8 June 2021 09:30 AM du appoints new CEO

Dubai – Mubasher: Emirates Integrated Telecommunications Company (du) has appointed Fahad Al Hassawi as the CEO, according to a bourse filing on Tuesday. Al Hassawi has been acting as the company's CEO since 17 September 2020, following …

Management Decisions

The financing comprises a five-year revolving credit facility

4 May 2021 00:08 PM du signs AED 3.769bn financing agreements

Dubai – Mubasher: Emirates Integrated Telecommunications Company (du) has inked long-term financing agreements valued at AED 3.769 billion with a group of banks. The financing comprises a five-year revolving credit facility worth AED 1.981 billion …

Companies Investments

The leased line will meet service level demands for critical end-use applications

28 April 2021 01:33 PM du deploys UAE's first 5G leased line

Dubai – Mubasher: Emirates Integrated Telecommunications Company (du) has deployed the UAE's first 5G leased line for China State Construction Engineering CorporationMiddle East (CSCEC ME) office in the Dubai Industrial City. The leased line will …

Companies Investments

The EPS settled at AED 0.06 in Q1-21

27 April 2021 09:45 AM du's annual net profits decline in Q1-21

Dubai – Mubasher: The net profits of Emirates Integrated Telecommunications Company (du) decreased to AED 257.149 million during the first quarter (Q1) of 2021 from AED 355.117 million in the same quarter of 2020, according to the company's …

Financial Results

The three companies comprise Aramex, Air Arabia, and DU

6 April 2021 01:27 PM DFM plans to launch new equity futures contracts on three listed companies

Dubai – Mubasher: The Dubai Financial Market (DFM) plans to launch new equity futures contracts on individual stocks of three listed companies on 18 April 2021 to diversify investment opportunities. The three companies comprise Aramex, Air Arabia, …

Companies Investments

Photo Archive

28 March 2021 03:06 PM du appoints new chairman; approves AED 0.15/shr dividends

Dubai – Mubasher: The board of Emirates Integrated Telecommunications Company (du) has appointed Mohamed Hadi Al Hussaini as the company’s chairman, during the meeting held on 25 March. Meanwhile, Sara Musallam has been appointed as …

The UAE nationals are allowed to hold shares up to 100%

23 February 2021 09:53 AM du increases foreign ownership limits to 49%

Dubai – Mubasher: Emirates Integrated Telecommunications Company (du) has raised the foreign ownership limit up to a maximum of 49% of its share capital. The UAE nationals and wholly-owned UAE establishments, companies, and authorities are also …

Management Decisions

This move is part of du's major network expansion

22 February 2021 02:36 PM du selects Ericsson to transform 5G RAN

Dubai – Mubasher: Emirates Integrated Telecommunications Company (du) has selected Ericsson, listed on Nasdaq Stockholm and Nasdaq New York, to use its state-of-the-art 5G radio access network (RAN) products and solutions. This move is part …

Companies Investments

The company generated revenues of AED 11.08bn in 2020

9 February 2021 09:38 AM du reports lower net profits in 2020; dividends proposed

Dubai – Mubasher: Emirates Integrated Telecommunications Company (du) reported a decrease in net profits to AED 1.44 billion in 2020, compared to AED 1.73 billion in the earlier year. The company generated revenues of AED 11.08 billion in 2020, …

Board of Directors

du has allowed non-UAE nationals to own shares up to 49% of the capital

21 January 2021 10:47 AM du, Etisalat increase foreign ownership limit to 49%

UAE – Mubasher: Emirates Integrated Telecommunications Company (du) and Emirates Telecommunication Group (Etisalat) have raised their foreign ownership limit to 49%. Etisalat Group has increased the ownership limit for non-UAE nationals from 20% …

Management Decisions

The new paperless property rental platform is the UAE's first locally hosted blockchain service

10 December 2020 10:22 AM du, Smart Dubai launch blockchain paperless property rental platform

Dubai – Mubasher: Emirates Integrated Telecommunications Company (du) has partnered with Smart Dubai to launch a new paperless property rental platform, powered by blockchain technology, to handle business processes among four connected UAE …

Companies Investments

The two centres will be established in the DSO and the KIZAD

6 December 2020 05:18 PM du to open two outsourcing data centres in Dubai, Abu Dhabi

Dubai – Mubasher: Emirates Integrated Telecommunications Company (du) will inaugurate two outsourcing data centres in the first quarter (Q1) of 2021 to support UAE government and financial organisations. The two centres will be established in …

Companies Investments

The company's revenues amounted to AED 8.34bn in 9M

22 October 2020 09:48 AM du's profits increase to AED 1.39bn in 9M

Dubai – Mubasher: The net profits of Emirates Integrated Telecommunications Company (du) rose to AED 1.39 billion during the first nine months of 2020, compared to AED 1.29 billion in the corresponding period of 2019. The company's revenues …

Financial Results

The company also appointed Ahmad Julfar as the managing director

20 September 2020 11:14 AM du appoints new acting CEO

Dubai – Mubasher: Emirates Integrated Telecommunications Company (du) has named Fahad Al Hassawi as a new acting CEO of the company, according to the company's disclosure to the Dubai Financial Market (DFM) on Sunday. Al Hassawi has assumed the …

Management Decisions

The transaction will result in net profits of about AED 521m

15 September 2020 11:20 AM du sells indirect stake in Khazna Data Centre for AED 800m

Dubai – Mubasher: EITC Investment Holdings, a wholly-owned subsidiary of Emirates Integrated Telecommunications Company (du), has inked an AED 800 million agreement to sell its 26% stake in Khazna Data Centre Limited to Technology Holding Company, …

Companies Investments

Technology Holding Company is the current 74% shareholder in Khazna

9 September 2020 09:55 AM du's board approves to sell stake in Khazna Data Centre

Dubai – Mubasher: The board of Emirates Integrated Telecommunications Company (du) has agreed on selling its 26% indirect stake, including its interest in shareholder loans, in Khazna Data Centre Limited to Technology Holding Company. Technology …

Companies Investments