finance

STC's Q1 profits rise on increased revenue, cost savings
STC group CEO Nasser Sulaiman Al Nasser investments in 'traditional and non-traditional sectors' had a positive impact on the financial results.
Etisalat reports Q1 profits rise
Revenues near US$600 million.
Dubai's du sees 74% rise in capex spend ahead of 5G launch
Net profits up in Q1 2019 despite falling revenue.
Sudatel postsUS$32 million net profit for 2018
Revenue from operations in Sudan also up 49%.
Bahrain's Batelco approves dividend after record 2018 revenues
Shareholders of Batelco Group approve full-year cash dividend of US$121 million.
Zain inks US$680m Saudi Arabia cell tower deal
Deal covers 8,100 towers to sell and lease back for 15 years.
Dubai GDP continuing to climb
GDP grows 1.9%, adds US$108 billion in 2018.
Dubai's du posts record revenue as it searches for new CEO
Dubai telecoms operator announces record revenue in 2018, says search to find successor to Osman Sultan has entered 'active phase.'