Etisalat Records Strong Performance in Q3 of 2021

The UAE’s telecom giant Etisalat Group reported increase in its revenue and net profit figures in the 3rd quarter of the year 2021. The telecom giant’s consolidated revenue figures for the quarter ended September 30, 2021 increased by 2% to AED 13.3 billion when compared with the corresponding period of 2020. The company’s consolidated net […]

ADNOC Drilling Reports Net Profit of $460m for the First Three Quarters of 2021

UAE’s ADNOC Drilling Company has reported an increase of 12% in revenue in the first three quarters of 2021 when compared with the figures reported for the corresponding period last year. The company reported EBITDA (Earning Before Interest, Taxes, Depreciation and Amortization) of $785m, and net profit of $460m for the aforementioned period. The company […]