The Pakistani government has decisively reached a settlement with UAE’s Etisalat over what seemed to be a never-ending quarrel following the Emirati operator’s acquisition of a faction of shares in Pakistan Telecommunication Company Limited (PTCL). The achieved settlement focuses on the assessment of multiple properties initially planned to become a segment of PTCL after its […]
UAE
Scholars and Academics at Dubai’s University of Birmingham are set to revel in the United Arab Emirates (UAE) most advanced and innovated on-site data center with elevated performance signifying the University’s pursuits of creating a green, energy-efficient on-campus ecosystem. With a direct connection to the University of Birmingham’s UK campus, the site will provide fast […]
Under U.S. pretense that the Chinese telecom vendor Huawei could expose the Gulf to national security threats, United Arab Emirates (UAE) telco firms are urged by U.S. Lockheed Martin’s F-35 jets and drones’ sales deal to push Huawei from its 5G infrastructure contracts. The UAE has always held a fierce stance concerning its strong mobile […]
Etisalat, Emirate’s biggest telecom firm saw a 2.4 percent increase in its stock market after agreeing to acquire another stake in Maroc Telecom Group for $505 million. After obtaining the Abu Dhabi Fund for Development’s 8.7 percent stake in the holding firm Etisalat Investment North Africa (EINA), the deal boosted Etisalat Group’s ownership in Maroc […]
Emirates Telecommunications Group Company Etisalat marked on Thursday a 3.9 percent year-over-year increase in its first-quarter net profit following federal royalties to $1.28 billion, leading to a net profit margin of 18 percent, the company reported on Monday. In the UAE, the subscriber-based telecom company reached 12.1 million fixed and mobile subscribers in its domestic […]
Emirates Integrated Telecommunications Company (EITC) boasted on Monday significant progress, revealing a net profit of $65.4 million in the second quarter of this year in contrast to its $58.5 million recorded at the same time last year. EITC has officially witnessed an 11 percent year-on-year (YoY) increase in net profits for the second quarter of 2021. The UAE telecom industry is primed for growth, as Emirates Integrated Telecommunications […]
Imagine you arrive to The United Arab Emirates, expecting heatwaves and a humid climate. Seconds after stepping foot into what is supposed to be a desert climate, unforeseen raindrops appear on the side of the road. This year has definitely not been short of surprises. It would have been a common weather experience in countries based in Southeast Asia. However, this is the UAE, in the height of its summer season […]
Over the next five years, the UAE will witness a digital transformation to its economy as the country launched The National Program for Coders on Saturday. The initiative offers golden visas to 100,000 coders, as well as code training with tech giants. The UAE is going the extra mile to attract the best coders from around the globe, while offering them with the basis needed to develop innovative tech ideas. IT specialists and […]
The UAE’s Central Bank announced on Monday plans to rollout a new digital currency in accordance with its monetary 2023-2026 strategy, according to the state-run WAM news agency. However, while the report surfaced for a short period of time, the state-run news agency had pulled it from its platform for unknown reasons. In preparation for the digital […]
5G has become an important priority in the wake of digital transformation especially in countries with a strong mobile market. The UAE’s vision – synonymous with innovation and ingenuity – has recognized the importance of 5G technology to support connected devices, drive industry development and enable efficient smart city capabilities. Telecommunications Regulatory Authority (TRA) in […]