Etisalat has become the first mobile operator in Mena to provide 5G coverage inside an international airport.
The consolidated net profit of the Etisalat Group amounted to Dhs4.4 billion during the first half of the year ending 30th June, 2019, representing a 3.1 per cent increase year-on-year.
Etisalat’s pioneering efforts in 5G will pave the way for the ‘Future of Connectivity’ with innovation and digital transformation, says Hatem Bamatraf, Chief Technology Officer, Etisalat International at 5G Mena 2019 in Dubai, at which Bamatraf was the keynote speaker.
Etisalat Group on Tuesday announced that its consolidated revenues amounted to Dhs13 billion and consolidated net profit after Federal Royalty amounted to Dhs2.2 billion representing a year over year (y-o-y), increase of five percent and resulting in a net profit margin of 17 per cent.
Dubai: Following the successful launch of the first 5G commercial device in the UAE, Etisalat and Huawei on Wednesday unveiled Huawei’s first commercial 5G-enabled smartphone Huawei Mate 20 X (5G) at Etisalat’s ultra-modern Open Innovation Centre in Dubai in the presence of Etisalat and Huawei senior management and the media.
Days after the Reserve Bank of India (RBI) said that India’s GDP growth for the financial year 2020-21 may remain in the negative territory, CRISIL has projected that the country’s economy contract by 5 per cent this fiscal, downgrade from its previous estimate of 1.8 per cent growth.
The Sharjah Chamber of Commerce & Industry (SCCI), stated that it has issued 4,527 electronic Certificates of Origin in March and April, while the total number of memberships until the end of April reached 1,215.
FTA has issued a decision to postpone the implementation of the ban on supplying, transferring, storing, and possession of water pipe tobacco and electrically heated cigarettes in the UAE that do not carry digital tax stamps until Jan.1, 2021.