Skip to content Skip to Search
Skip navigation
Telecoms
Company Insights

Etisalat / e&

Etisalat / e& News

UAE-Czech telecom deal set to close by year end despite EU probe

UAE telecom company e&, formerly known as Etisalat, expects to close the acquisition of Czech PPF Group’s telecoms business in four countries before year-end, despite confirmation that the European Commission is to investigate the deal. In August 2023, the telecom company signed a binding agreement with PPF Group to acquire a 50 percent plus 1 […]

e& is not actively pursuing the buyout of the Dutch company United Group, said a company spokesperson

Report links e& to acquisition of $8.6bn Dutch telco

The UAE’s e&, formerly known as Etisalat, is planning to acquire Dutch telecom operator United Group BV as part of its overseas expansion strategy, according to a media report. The Abu Dhabi-listed company has been evaluating a possible purchase of United Group, Bloomberg reported, citing informed sources. Private equity firm BC Partners, the current owners […]

Teenage students use a laptop and tablet. One cybersecurity expert said pupils' personal devices could increase the risk of data breaches

Cybercrooks have their eyes on Gulf schools, experts warn

The education sector in the GCC has emerged as a prime target for cybercriminals because of budgetary constraints and a lack of expertise, tech experts have told AGBI. “Schools, in particular, are vulnerable due to their extensive storage of sensitive personal information and comparatively lower investments in cybersecurity,” said Ram Narayanan, country manager at Check […]

People, Person, Groupshot

e&’s $6bn pledge to advance ‘affordable’ connectivity

The UAE’s e&, the telecommunications company formerly known as Etisalat, has committed $6 billion to improve network connectivity and digital services across its 16 operating countries in Africa, Asia, and the Middle East. The investment pledge was made to the International Telecommunication Union’s (ITU) Partner2Connect Digital Coalition, which will help drive technological advancement, infrastructure development, […]

Abu Dhabi-listed e& owned 20% of the UK’s Vodafone as of August 2023

Vodafone dividend helps push e& to record profit

Telecommunications company e&, formerly known as Etisalat, reported record net profit in 2023. The Abu Dhabi-listed company said profit was driven by higher dividends from Vodafone Group, higher income from associates and lower tax expenses. Net profit for the full year reached AED10.3 billion ($2.80 billion), up three percent year on year, as revenue rose […]

Taking off: Emirates NBD ranked above all other businesses that have declared their 2023 dividends

Emirates NBD tops Gulf dividend yield rankings 

Emirates NBD, Dubai’s largest bank, has so far topped the Gulf list of dividend yield pay-outs awarded to shareholders in 2023, Refinitiv data shows. The government-controlled lender, whose shares are up 27 percent in the past 12 months, provides a dividend yield of 6.9 percent based on its closing stock price of February 8. The […]

Head, Person, Face

UAE’s e& to anchor subsea cable for global connectivity  

The 2Africa subsea cable, the world’s largest subsea cable, is to be anchored in the UAE by e& Carrier & Wholesale, a subsidiary of the UAE telco e& (formerly Etisalat). Kalba in Fujairah will be the gateway for the subsea cable to the emirate, where e& already has an existing cable landing station. The 2Africa consortium, which […]

These workers at a factory in Manama, Bahrain, could soon be enjoying a three-day weekend if the government goes ahead with proposed changes

Kuwait and Bahrain propose changes to working week

Lawmakers in Kuwait and Bahrain are pushing for major amendments to the working week, aiming to improve workers’ rights and boost the work-life balance in the two Gulf states. In Bahrain, the focus is on extending the weekend to three days: Friday, Saturday and Sunday.  “There is an urgent need to keep pace with global […]