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.
Dubai welcomed 8.36 million international overnight visitors in the first six months (January-June) of 2019, posting a positive three per cent in tourism volume growth compared to the same period last year,
China’s central bank unveiled a key interest rate reform on Saturday to help steer borrowing costs lower for companies and support a slowing economy that has been hurt by a trade war with the United States.
Gold prices have hit a record high amid a rush for safe haven assets owing to the fears of a recession. Goehring & Rozencwajg, a research firm which focuses on investments in natural resources, says the great gold bull market has begun.
Abu Dhabi Securities Exchange (ADX) announced that it has succeeded in achieving a compliance rate of 97 per cent regarding the disclosure of the 2nd quarter financial statements 2019 of its listed public joint stock companies,