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 […]
UAE
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 […]
The Telecommunications Regulatory Authority TRA UAE has allocated frequencies in the millimetre wave range between 24.25 – 27.5 gigahertz that will secure the deployment of 5G in the country. The new frequency will help the country deploy applications such as self-driving cars, smart industry, and the Internet of Things. According to Arabian Business, the frequency […]
Aladdin.Life has recently launched the beta version of the world’s first telecom marketplace app in the UAE, combing search, marketplace, and customer community that will aid uses in discovering, comparing and making informed decisions about broadband, mobile and home services. Aladdin.Life users will have the ability to connect to a marketplace and will also be […]