21/10/2017 09:05 AST

Emirates Integrated Telecommunications Company (EITC), the holding company behind operator Du, has overhauled its organisational structure, according to The National. It has created divisions for Digital Lifestyle and Innovation, and ICT products, and has named Fahad Al Hassawi and Farid Faraidooni deputy chief executives of those divisions respectively. A third division named Infrastructure division will be headed by Saleem Al Blooshi, the new chief infrastructure officer. Eddy Skaf has been appointed as chief strategy officer.

The ICT division will primarily focus on providing managed ICT services to governments and enterprises, while the Digital Lifestyle division will concentrate on developing and providing "lifestyle" products like video and smart home services.

The company has not given any clear indications on whether Virgin Mobile UAE will come under the Digital Lifestyle division. In its published financial results for the second quarter of 2017, the company delivered AED 3.26 billion in revenue.


Telecompaper

Du signs contract with Chinese telecom firm

01/11/2018

Dubai-based telecom operator du has signed a Network Installation Outsource for Services (NIO) contract with China Communication Services International (CCS) in a bid to further strengthen the UAE’s

Gulf News

Du ties up with German group to launch new wave of eSIMs

15/10/2018

Leading UAE telecom services operator du has signed an agreement with Munich-based Giesecke+Devrient Mobile Security, to launch its AirOn eSIM Management Solution to du.

As a result of the

Trade Arabia

Du ties up with German group to launch new wave of eSIMs

15/10/2018

Leading UAE telecom services operator du has signed an agreement with Munich-based Giesecke+Devrient Mobile Security, to launch its AirOn eSIM Management Solution to du.

As a result of the

Trade Arabia

Ticker Price Volume
QNBK 195.00 241,526
APPC 53.30 133,976
JARIR 154.40 89,382
SAICO 11.92 520,367
SABIC 119.80 1,240,718
ALMARAI 50.90 239,969
SARCO 42.65 228,146
DU Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
ETISALAT 17.00 0.18 (1.07%)
ORDS 81.00 -0.16 (-0.20%)
ZAIN 470.00 0.00 (0.00%)
VFQS 8.28 -0.20 (-2.36%)
VIVA 776.00 -3.00 (-0.39%)
S&P revises QIB outlook to ‘stable’, affirms ‘A-’ rating

11/12/2018

International credit rating agency, Standard & Poor’s (S&P) has revised the outlook on Qatar Islamic Bank (QIB) to ‘stable’ and affirmed the ‘A-/A-2’ issuer credit rating.

According to the

Gulf Times

NBF awarded ‘Best Islamic Window UAE’ award

11/12/2018

National Bank of Fujairah (NBF) announced that NBF Islamic has retained the ‘Best Islamic Window — UAE’ accolade for the third consecutive year at the Islamic Business and Finance Awards 2018.
<

The Gulf Today

UAE investment group buys key stake in Gulf Navigation

11/12/2018

UAE-based Goldilocks Investment Company said it has reached an agreement with Gulf Navigation Holding, a leading maritime and shipping company based in Dubai, to acquire a 18.32 per cent stake in the

Trade Arabia

Agility Kuwait invests $100 mln in logistic technology sector

11/12/2018

Agility Public Warehousing Company (KSC) announced Monday investing $100 million for the next three years in logistic technology sector, via launching a digital platform to manage electronicallylinke

Arab Times

Alinma Bank hosts Fintech Forum

10/12/2018

ALINMA Bank hosted its first-ever FinTech-focused event at the Four Seasons hotel in last Dec. 3, 2018. The gathering was hosted by the bank in partnership with FinTech Saudi and Alinma Investment Co

Saudi Gazette