EBITDA at $3.51 billion with a healthy margin of 46%; EPS climbs 17% to AED0.63; Global subscriber numbers top 175 million
e& life
Latest in e& life
Abu Dhabi
UAE’s e& acquires $400m stake in Careem’s super-app
Announced on Monday, the telecom group took a 50.03% stake in the app owned by Uber
carbon emissions
UAE technology conglomerate e& pledges net-zero operations by 2030
The group said it would reduce its carbon footprint through improving energy efficiency and sourcing renewable energy among other initiatives
e&
e& – formerly Etisalat Group – reports net profit of $653mn in Q1 2022 as subscribers reach 13.1mn
e& delivered strong financial performance across all key metrics, driven by higher demand for digital and data services, coupled with the group’s ability to leverage superior networks
ADQ
E-vision, ADQ ink deal to buy majority stake in streaming platform Starzplay Arabia
Starzplay Arabia CEO says agreement will enable platform to grow further by ‘focusing on original content production’
Artificial intelligence
UAE’s Etisalat announces rebrand to e& as part of transformation plan
‘e&’ reflects the Group’s commitment to become a global technology and investment conglomerate that accelerates the digital transformation journey while empowering societies