Company Insights Etisalat / e& Telecoms Etisalat / e& News Banking and Finance UAE telco buys more Vodafone shares to up stake to 13% UAE telecom operator e&, formerly Emirates Telecommunications Group Company, has upped its stake in the UK’s Vodafone Group for the second time this year. In a statement published on the Abu Dhabi Securities Exchange, the telco said it had purchased a total of 3.537 billion shares, representing 13 percent of Vodafone’s issued share capital, excluding […] February 3, 2023 Banking and Finance UAE telco increases stake in UK’s Vodafone to 12% UAE telecom operator e&, formerly Emirates Telecommunications Group Company, has increased its stake in the UK’s Vodafone Group. In a statement published on the Abu Dhabi Securities Exchange, the telco said it had purchased a total of 3.272 billion shares, representing 12 percent of Vodafone’s issued share capital, excluding treasury shares. The financial details of the […] January 18, 2023 Banking and Finance UAE telco e& ups stake in Vodafone Group to 11% UAE telecommunications major Emirates Telecommunications Group Company (e&) has increased its stake in Britain’s Vodafone Group. The state-owned telco currently holds more than three billion shares in Vodafone, representing 11 percent of Vodafone’s issued share capital, excluding treasury shares, it said in a statement published on the Abu Dhabi Securities Exchange (ADX). In May, e& […] December 8, 2022 Analysis Banking and Finance Oman banks ink deal as Mena mergers defy global headwinds HSBC Bank Oman and local rival Sohar International Bank have entered into a binding agreement to consolidate operations as merger and acquisition activity in the Middle East and North Africa (Mena) continues to defy global headwinds. The two lenders said on Wednesday that all assets and liabilities of HSBC Oman will be transferred to Sohar […] November 16, 2022 Tech Gulf investors back $20m funding for ‘YouTube of the metaverse’ Los Angeles-headquartered social media startup VUZ, which describes itself as ‘the YouTube of the metaverse’ has raised $20 million from a range of Gulf-based investors and aims to use the new funding to expand into Asia. Founded in 2017, VUZ also has offices in Dubai and Riyadh, and is a social app which allows users […] October 14, 2022 Dubai ranks as most expensive city for mobile data Dubai has taken the unenviable top spot as the most expensive city for affordability of mobile data, with the average cost of 1GB equating to 0.55 percent of personal disposable income, said a new study. In second place is Auckland with 0.37 percent, followed by Seoul (0.32 percent), Buenos Aires (0.32 percent) and Manila with 0.31 […] August 15, 2022 Banking and Finance Zand unveils big names as UAE’s digital banking rivalry hots up Zand, the digital bank headed by Emaar boss Mohamed Alabbar, has named a number of business big hitters as part of its board of directors ahead of its launch. Adnan Abdulfattah Kazim Abdulfattah, Emirates chief commercial officer, and Yusuff Ali MA, chairman of retail giant Lulu Group, are part of the new venture as competition […] July 5, 2022 EXCLUSIVE Banking and Finance Wio Bank has a big idea: let SMEs spend less time on banking The UAE's next digital bank is launching with a focus on SMEs and a pledge to reduce the time they have to spend on admin, reveals its CEO Jayesh Patel June 27, 2022 Markets UAE stock markets target London in foreign investment push Stock markets in Dubai and Abu Dhabi are targeting London as they aim to strengthen their status as key destinations for international investors. Both the Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM) have completed investor roadshows in the British capital, holding hundreds of meetings with some of the world’s largest asset […] June 14, 2022 Analysis Media & Advertising $4.4bn sounds a lot but e& has made the right call on Vodafone Vodafone and e&, formerly known as Etisalat, will look to launch new products globally while working together to make greater efficiencies following the UAE telco’s deal to buy a $4.4 billion stake. Following the announcement that the UAE’s biggest telecoms operator has acquired a 9.8 percent stake in British mobile operator Vodafone Group, AGBI spoke […] May 16, 2022 Posts navigation Previous 1 … 6 7 8 Next
Banking and Finance UAE telco buys more Vodafone shares to up stake to 13% UAE telecom operator e&, formerly Emirates Telecommunications Group Company, has upped its stake in the UK’s Vodafone Group for the second time this year. In a statement published on the Abu Dhabi Securities Exchange, the telco said it had purchased a total of 3.537 billion shares, representing 13 percent of Vodafone’s issued share capital, excluding […] February 3, 2023
Banking and Finance UAE telco increases stake in UK’s Vodafone to 12% UAE telecom operator e&, formerly Emirates Telecommunications Group Company, has increased its stake in the UK’s Vodafone Group. In a statement published on the Abu Dhabi Securities Exchange, the telco said it had purchased a total of 3.272 billion shares, representing 12 percent of Vodafone’s issued share capital, excluding treasury shares. The financial details of the […] January 18, 2023
Banking and Finance UAE telco e& ups stake in Vodafone Group to 11% UAE telecommunications major Emirates Telecommunications Group Company (e&) has increased its stake in Britain’s Vodafone Group. The state-owned telco currently holds more than three billion shares in Vodafone, representing 11 percent of Vodafone’s issued share capital, excluding treasury shares, it said in a statement published on the Abu Dhabi Securities Exchange (ADX). In May, e& […] December 8, 2022
Analysis Banking and Finance Oman banks ink deal as Mena mergers defy global headwinds HSBC Bank Oman and local rival Sohar International Bank have entered into a binding agreement to consolidate operations as merger and acquisition activity in the Middle East and North Africa (Mena) continues to defy global headwinds. The two lenders said on Wednesday that all assets and liabilities of HSBC Oman will be transferred to Sohar […] November 16, 2022
Tech Gulf investors back $20m funding for ‘YouTube of the metaverse’ Los Angeles-headquartered social media startup VUZ, which describes itself as ‘the YouTube of the metaverse’ has raised $20 million from a range of Gulf-based investors and aims to use the new funding to expand into Asia. Founded in 2017, VUZ also has offices in Dubai and Riyadh, and is a social app which allows users […] October 14, 2022
Dubai ranks as most expensive city for mobile data Dubai has taken the unenviable top spot as the most expensive city for affordability of mobile data, with the average cost of 1GB equating to 0.55 percent of personal disposable income, said a new study. In second place is Auckland with 0.37 percent, followed by Seoul (0.32 percent), Buenos Aires (0.32 percent) and Manila with 0.31 […] August 15, 2022
Banking and Finance Zand unveils big names as UAE’s digital banking rivalry hots up Zand, the digital bank headed by Emaar boss Mohamed Alabbar, has named a number of business big hitters as part of its board of directors ahead of its launch. Adnan Abdulfattah Kazim Abdulfattah, Emirates chief commercial officer, and Yusuff Ali MA, chairman of retail giant Lulu Group, are part of the new venture as competition […] July 5, 2022
EXCLUSIVE Banking and Finance Wio Bank has a big idea: let SMEs spend less time on banking The UAE's next digital bank is launching with a focus on SMEs and a pledge to reduce the time they have to spend on admin, reveals its CEO Jayesh Patel June 27, 2022
Markets UAE stock markets target London in foreign investment push Stock markets in Dubai and Abu Dhabi are targeting London as they aim to strengthen their status as key destinations for international investors. Both the Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM) have completed investor roadshows in the British capital, holding hundreds of meetings with some of the world’s largest asset […] June 14, 2022
Analysis Media & Advertising $4.4bn sounds a lot but e& has made the right call on Vodafone Vodafone and e&, formerly known as Etisalat, will look to launch new products globally while working together to make greater efficiencies following the UAE telco’s deal to buy a $4.4 billion stake. Following the announcement that the UAE’s biggest telecoms operator has acquired a 9.8 percent stake in British mobile operator Vodafone Group, AGBI spoke […] May 16, 2022
