money

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.
UAE regulator cuts charges to end phone contracts
Telecommunications Regulatory Authority announces new framework for early termination charges of service contracts.
UAE mobile data costs 20% more than global average
1GB of mobile data about US$2 more than the world average.
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.'
Etisalat profits up
UAE telecommunications company reports a profit of US$2.3bn on a revenue of US$14.26bn.
Dubai's Caesars Bluewaters now using blockchain wallet for staff
Hotel staff will be able to use their allowances and discounts through Lucid Pay digital wallet.
National Bank of Kuwait to use Ripple for blockchain-backed remittances
The new remittance service is currently available for remittances to Jordan, but will be expanded to other countries.