Friday 27 March 2015
 
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Telecom

Gulf firms go Islamic as markets deepen

Last month Vodafone Qatar, an affiliate of Britain's Vodafone Group, said it had switched all its financial activity to Islamic transactions. In the following eight trading days, its shares jumped 22 per cent in the heaviest turnover for ove

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Gulf firms go Islamic as markets deepen

Last month Vodafone Qatar, an affiliate of Britain's Vodafone Group, said it had switched all its financial activity to Islamic transactions. In the following eight trading days, its shares jumped 22 per cent in the heaviest turnover for ove

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Ooredoo seals international connectivity deal

Ooredoo Global Services, the wholesale arm of the leading Qatar-based telecom company, has signed three major agreements that will help extend the range of services and international support it can offer for customers around the world.

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Du AGM approves dividend

Emirates Integrated Telecommunications Company's (du) ninth Annual General Meeting (AGM) held today in Dubai approved the proposed Dh0.20 per share dividend for the second half of 2014. This brings the total annual dividend pa

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Etisalat partners with Huawei for ‘Network2020’

Etisalat Group, the UAE's leading telecoms services operator, has joined forces with Huawei, a leading global ICT solutions provider, to develop a framework and architecture for end-to-end network 2020. The companies believe t

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Oger mulls South Africa telecom unit stake sale

Oger Telecom, 35-per cent owned by Saudi Telecom, is looking at the possibility of selling its majority stake in Cell C, South Africa's third-largest mobile telecoms network operator, said its chairman. Goldman Sachs has been

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Mobily insists can meet all debt commitments

Saudi Arabian telecommunications firm Mobily insisted on Wednesday it could meet all its debts despite announcing last week that it had suffered a $243 million loss in 2014 and expected to breach covenants on long-term loans. &quo

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Saudi regulator suspects insider trading in Mobily shares

Saudi Arabia's market regulator is investigating possible insider trading in shares of telecommunications operator Mobily relating to its shock earnings restatement, the watchdog said on its website. The Capital Market Authori

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Saudi regulator suspects insider trading in Mobily shares

Saudi Arabia's market regulator is investigating possible insider trading in shares of telecommunications operator Mobily relating to its shock earnings restatement, the watchdog said on its website. The Capital Market Authori

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Mobily swings to 2014 loss; trading in shares suspended

Saudi Arabia's Mobily on Wednesday said it swung to a full-year loss in 2014 after the telecommunications operator announced its audited results, also revealing it had breached loan covenants with various lenders. Mobily -- fo

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