Etisalat Q1 Profit Flat As Foreign Revenue Jumps
Etisalat reported a flat first-quarter net profit on Monday, beating analysts' estimates as the telecom operator's rising international revenue offset declines at home.
April 23, 2012 3:27
Saudi Mobily Q1 Profit Up 21 Percent
Q1 profit 1.21 bln riyals vs 998 mln riyals a year earlier; 21 percent profit surge attributed to improved voice revenue Saudi Arabia's Etihad Etisalat (Mobily) on Monday reported a 21 percent rise in first-quarter net profit, just short of analysts' estimates, citing improved revenue from voice services and business customers
April 17, 2012 9:08
Ever expanding Etisalat: Mobile Remittances and 3G in Afghanistan
Being the first to launch 3G service in Afghanistan and eyeing mobile remittances, Etisalat is having a happening first quarter.
March 19, 2012 4:11
Etisalat Eyes Mobile Remittances In Gulf
"Remittances are a huge business opportunity," George Held, director of products and services at Etisalat, told Reuters. "The cost base for telecoms operators is much different than for banks and exchange houses. We do not need bricks and mortar branches, so our costs are lower and we can pass on this saving and offer better exchange rates and transaction fees."
March 18, 2012 3:09
Dubai Holding eyes sale of remaining stage in Axiom
Dubai Holding, the conglomerate owned by the ruler of Dubai, is considering a sale of its remaining 26-percent stake in local mobile phone retailer Axiom Telecom, three sources familiar with the matter said.
March 13, 2012 2:18
UAE’s Etisalat eyes $700M from sale of XL Axiata stake
UAE telecom operator Etisalat plans to sell its entire 13.29 percent stake in Indonesia's No.3 phone firm PT XL Axiata, to raise between $600 to $700 million this year, sources said on Tuesday.
March 13, 2012 1:52
Egypt mobile phone subscriptions up 18 percent in 2011
The number of mobile phone subscriptions in Egypt rose 18 percent to 83.43 million last year, shrugging off an economic crisis sparked by the overthrow of President Hosni Mubarak, government figures showed on Thursday.
March 1, 2012 1:45
UAE’s Etisalat cuts costs through outsourcing, sues Indian JV partners
UAE telecoms operator Etisalat will outsource network maintenance and support services while abroad, it plans to sue Indian JV partners for fraud
February 25, 2012 12:41UAE’s Etisalat cuts costs through outsourcing, sues Indian JV partners
UAE telecoms operator Etisalat will outsource network maintenance and support services while abroad, it plans to sue Indian JV partners for fraud
February 25, 2012 12:38
Etisalat India mobile phone JV to shut down operations
UAE telecom operator Etisalat on Wednesday said it would shut down the operations of its Indian joint venture, three weeks after an Indian court cancelled the affiliate's licence amid a corruption probe.
February 23, 2012 11:11UAE telco Etisalat wants piece of Libyan market
Etisalat, the Gulf's largest telecom firm, wants to acquire a licence in Libya or invest in one of the North African country's existing operators, its chairman told Reuters on Monday.
February 14, 2012 2:46
Saudi Mobily signs $2.7B loan refinancing
Saudi Arabia's Etihad Etisalat (Mobily) signed a 10 billion riyals ($2.67 billion) sharia-compliant loan refinancing with a group of seven local banks, the telco said on Sunday, taking advantage of favourable borrowing rates in the kingdom.
February 12, 2012 2:26Etisalat invites bids for African Towers
UAE telecoms operator Etisalat has invited bidders for its telephone tower operations in Africa, two sources familiar with the matter told Reuters on Wednesday.
February 2, 2012 1:37
UAE telco Etisalat appoints new head of Asia ops
UAE telecoms operator Etisalat has appointed a top executive as its new chief regional officer for Asia, in the latest reshuffle at the former monopoly.
January 25, 2012 1:45
Reliance Communications cuts off Etisalat over payments
India's Reliance Communications said it has disconnected from its network a mobile phone joint venture between Abu Dhabi-based Etisalat and India's DB Group over non-payment of fees for using its towers.
January 24, 2012 1:36- Blog
UAE women encouraged and discouraged to become athletic.
People like to say the UAE is a country rife with contradictions-but the point couldn’t be better illustrated by two articles in the local press this week.
May 21, 2012 3:47 0Scammers in the UAE?
Times are a-changing; the safe UAE Kipp grew up in, is changing too. Be cautious of fraudsters and always be careful with your credit card...
May 20, 2012 4:09 0 - Readers' Comments
BREAKING NEWS: Revamped Kippreport.com slicker, sweeter and super efficient
Great work to everyone who worked on the project :)
May 20, 2012 11:21In Pictures: The tallest cities in the Arab world
Thanks for changing it. Thumbs up :)
May 13, 2012 8:25 - Editor's Choice
Flying Shoppers: Dubai hopes airline passengers could ease its debt burden
With its bank credit scarce, Dubai is planning to raise at least $500 million by issuing bonds secured against future revenues of Dubai Duty Free. Will shopping save the day?
March 6, 2012 2:18 1‘Dr Doom’ says buy precious metals as Iran-Israel clash ‘inevitable’
"If you can't live with volatility, stay in bed," says 66-year old economist Marc Faber, who cautions people to secure wealth by buying precious metals and investment equities.
March 6, 2012 1:42 1 - Latest Features
The World’s Most Expensive and Exclusive Eyewear
As the world’s most expensive glasses will be launched this Sunday, Kipp takes a look at some of the most expensive and exclusive eyewear.
May 10, 2012 4:21 0What to get your Mum this Mother’s Day?
Mother’s day is around the corner and if shopping for gifts just isn’t your thing, take a look at Kipp’s top six gift ideas for Mother’s Day…
May 9, 2012 4:37 0
Dubai Municipality launches well-intentioned but weirdly executed awareness campaign.
So how exactly is the Municipality executing this campaign? A series of lectures, workshops, film screenings, awareness drive and, wait for it, taxi drivers.
May 21, 2012 3:53
‘Affordable’ property on the Palm? Oh! How the mighty have fallen...
Benevolent master developer to cater for those ‘less-well-heeded,’ with affordable studios at the Palm Views East and West.
May 21, 2012 3:44
UAE women encouraged and discouraged to become athletic.
People like to say the UAE is a country rife with contradictions-but the point couldn’t be better illustrated by two articles in the local press this week.
May 21, 2012 3:47
Scammers in the UAE?
Times are a-changing; the safe UAE Kipp grew up in, is changing too. Be cautious of fraudsters and always be careful with your credit card...
May 20, 2012 4:09