Search results for "UAE"

UAE's e& Won't Boost Its Mobily Stake to 50%

UAE-based e& (FKA Etisalat) has decided to pause its plans to increase its stake in Mobily, its Saudi subsidiary.  Just last year, e& had big plans to increase its share in Mobily from 27.99% to a majority 50% plus one share. Mobily isn’t just any player in the telecom scene – it owns a solid 40% slice of the Saudi […]