Latest news with #Etisalat
Zawya
6 days ago
- Business
- Zawya
Maroc Telecom's first-half profit edges up 0.5%, revenue drops
RABAT - Morocco's largest telecom operator, Maroc Telecom, reported a 0.5% increase in its first half profit on Thursday to 2.59 billion dirhams ($330 million), despite a drop in revenue. The company said consolidated revenue for January-June fell 1.2% from a year earlier to 18 billion dirhams. Revenue at its main Moroccan market dropped 3.4% but rose 1.2% at its African subsidiaries, known as Moov Africa. Besides Morocco, it operates subsidiaries in Benin, Burkina Faso, the Central African Republic, Chad, Gabon, Ivory Coast, Mali, Mauritania, Niger and Togo. Maroc Telecom said its customer base grew 2.3% to over 80 million, as it steps up investments in mobile data, fixed internet and mobile payment services at African subsidiaries. In March, Maroc Telecom teamed up with competitor Inwi to roll out a 5G network in Morocco, with a joint investment of 4.4 billion dirhams over the next three years. Maroc Telecom, which is also listed on Euronext Paris, is 53% controlled by the United Arab Emirates' Etisalat, with the Moroccan state owning 22%.
Time of India
15-07-2025
- Business
- Time of India
MP CM Mohan Yadav meets LuLu Group director to discuss investment opportunities
Madhya Pradesh Chief Minister Mohan Yadav on Monday held a meeting with Salim MA, Director of LuLu Group International , to explore investment opportunities in the state. He also holds several meetings, including a meeting with E& (Etisalat), a global technology and investment conglomerate in the UAE, during his second day in Dubai. Speaking after the meeting with CM Mohan Yadav , Chief Technology and Information Officer of E& (Etisalat), Khalid Murshed said, he had a "great discussion exploring the areas of potential future collaborations." Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Join new Free to Play WWII MMO War Thunder War Thunder Play Now Undo "I believe it is a good opportunity. We need to pick those threads with the relevant parties and explore those potential opportunities with business cases and case studies further," he added. Earlier in the day, Mohan Yadav emphasised that his entire day was dedicated to increasing trade between Madhya Pradesh and Dubai, adding that he expressed happiness that MP is moving towards "becoming one of the top states in the country." Live Events Speaking to ANI, CM Yadav said, "Today, the whole day was dedicated to increasing trade between Madhya Pradesh and Dubai." The Madhya Pradesh CM also had a "very positive interaction" with the UAE Minister of State for Foreign Trade during his second day in the United Arab Emirates (UAE). "I also met Thbin Ahmed Al Zeyoudi, and we had a very positive interaction. I met people from many sectors like mining, green energy, food processing, and tourism...I'm happy that our Madhya Pradesh is moving towards becoming one of the top states in the country," he added. Notably, CM Yadav is scheduled to travel to Spain after concluding his visit to the UAE. The visit, from July 13 to 19, aims to bring global investment to Madhya Pradesh, encourage technology sharing, and create new job opportunities under the umbrella of " Global Dialogue 2025 ."
India Gazette
14-07-2025
- Business
- India Gazette
UAE: CM Mohan Yadav holds
Dubai [UAE], July 15 (ANI): Madhya Pradesh Chief Minister Mohan Yadav on Monday held a meeting with the Chief Technology and Information Officer of E& (formerly Etisalat), Khalid Murshed, a global technology and investment conglomerate in the UAE. Following his meeting with Mohan Yadav, Murshed stated that he had a 'great discussion exploring the areas of potential future collaborations.' 'I believe it is a good opportunity. We need to pick those threads with the relevant parties and explore those potential opportunities with business cases and case studies further,' he added. CM Yadav also met with Salim MA, Director of LuLu Group International, to explore investment opportunities in Madhya Pradesh. Earlier in the day, he attended the 'Madhya Pradesh Business Investment Forum Program,' where he lauded the Indian armed forces for conducting Operation Sindoor in retaliation for the April 22 Pahalgam attack, asserting that India has shown that it can neutralise anyone who comes and commits a crime on its land. While addressing the 'Madhya Pradesh Business Investment Forum' Program, CM Yadav described Operation Sindoor as the age of 'new technology' where the people have not crossed the border, but drones are attacking each other. 'In the changing times, India has shown that if terrorists come to our home and commit a crime, we can kill them by going to their home. In any war, wherever it happens, trade will always decrease there. Because both things can't go together,' he added. At the commencement of the event, the guests were honoured with flowers and shawls. The program was attended by several dignitaries such as Sahitya Chaturvedi, Secretary General of IBPC Dubai, Consul General Satish Kumar Sivan, and senior bureaucrats. Notably, Yadav is scheduled to travel to Spain after concluding his visit to the UAE. The visit, from July 13 to 19, aims to bring global investment to Madhya Pradesh, encourage technology sharing, and create new job opportunities under the umbrella of 'Global Dialogue 2025.' (ANI)
Mada
09-07-2025
- General
- Mada
Ramses fire exposes heavy reliance of private operators on state-owned infrastructure
A fire at Egypt's most critical telecommunications facility this week has caused nationwide network service disruptions. While the government has downplayed the country's dependence on the Ramses Exchange central data center, the scale of the disruption, affecting all public and private network operators nationwide, has drawn censure from critics who point to the degree of national dependence on infrastructure concentrated in a single building complex in cental Cairo. The incident killed four people and left 32 injured while triggering an immediate and widespread internet blackout. The fire, which sent thick smoke billowing over central Cairo for hours, knocked the building out of operation. The shutdown immediately disrupted phone and internet services, emergency hotlines like those for ambulances and the police, ATMs and digital payment systems as well as some air travel operations. Communications Minister Amr Talaat, who visited the site, denied on Tuesday that Egypt relies solely on the Ramses Exchange building for telecommunication services. But the minister also said that affected services had to be redistributed across other data centers in the country, which are now acting as a backup network while repairs on Ramses are underway. No other data center in Egypt matches Ramses' in scale or in the range of functions it performs within the national telecommunications network that extends to all governorates. The exchange building serves as a data center, a storage facility leased by operators, a primary interconnection point between networks and a hub for receiving international calls. While other data centers across Egypt play significant roles within the national grid, with some coming close in terms of function, none rival Ramses. Despite Talaat's assurances, however, that the decline in service connectivity would end in hours, connectivity in Egypt dropped sharply in the aftermath of the fire, with some connectivity still unstable 48 hours later. Data from Netblocks, an independent internet monitoring platform, showed that national connectivity fell to 62 percent of ordinary levels immediately after the fire, before dropping further to just 44 percent the next day. The disruption varied across service providers. Orange was the hardest hit, with connectivity collapsing to just 2 percent of its usual levels, followed by Etisalat operating at 10 percent. Vodafone was less affected at 69 percent, while TE Data, owned by Telecom Egypt, maintained between 82 percent and 91 percent of normal connectivity. The extent of damage to each telecom company during the fire was directly linked to their level of reliance on the data center, according to Mohamed al-Maghraby, an electrical engineer specializing in network security at a private sector company who spoke to Mada Masr. Both Etisalat and Orange depend on the Ramses board for roughly 80 percent of their operations, making them the most severely affected, he said. The physical infrastructure that underpins telecom and internet services, including cable lines, exchanges, data centers and switches, is fully owned by Telecom Egypt — the network provider majority -owned by the government. The infrastructure was built and substantially upgraded by the state, especially over the past decade. Billions of Egyptian pounds were allocated to the Communications Ministry to develop the system, including a major shift from copper cables to fiber optic networks for data transmission. Government investment in the sector has reached LE152 billion over the past ten years. The government bears the full cost of infrastructure investments, while private companies, like Orange, Etisalat and others, lease transmission capacity from it, a former senior official at Telecom Egypt told Mada Masr. Although private operators are allowed to build and expand their own infrastructure according to their needs under the terms of their licenses, they opt to lease from Telecom Egypt because it's far cheaper than building their own, especially under oversight that is marred with flaws, according to the senior official. Private telecom operators entered the market before it was formally regulated, they continued. While private players began operating in the 1990s, a formal legal framework wasn't introduced until 2003, with the passage of the telecommunications regulation law, which established the National Telecommunications Regulatory Authority (NTRA) to oversee and regulate the sector. The NTRA does not mandate that service providers build their own infrastructure, nor does it object to companies leasing the infrastructure from another provider. However, it does lay out a set of guidelines meant to ensure the quality and sustainability of services. According to the former senior Telecom Egypt official, companies are expected to lease transmission capacity that exceeds their operational needs — or greater than the number of customers they serve. Beyond this surplus, companies are also expected to maintain an emergency reserve — unused under normal conditions but available during crises of varying degrees. This reserve is meant to act as an immediate backup that ensures continued data transmission and service stability in the event of damage to primary infrastructure. The closer this reserve capacity is to the company's actual regular operating volume, the less damage the company is likely to suffer during a disruption, and the better its service continuity. Maghraby likewise said that there are two levels of contingency planning in the event of network emergencies — the first a standard backup plan, designed to fully absorb common and recurring incidents without noticeably affecting network connectivity. The second, he said, is a disaster recovery plan for rare, large-scale and unpredictable events — the worst-case scenario. In Egypt's case, this would require a full replica of the Ramses data center, mirroring its entire capacity and functionality to take over completely if the original were to fail. However, private providers tend to 'skimp' on leasing the extra or emergency capacity required as backup by the NTRA, the former senior official at Telecom Egypt said. This skimping, or that the NTRA overlooks this requirement, is a regulatory oversight. The source argues that flaws in NTRA oversight lie in a central conflict of interest: while the authority is tasked with regulating the sector on behalf of the state, the government is also an active market player through its majority stake in Telecom Egypt. This dual role makes regulatory enforcement a sensitive matter. Private companies have repeatedly accused the NTRA of favoring the state-owned company and using its supervisory powers to serve the interests of a competitor in the industry instead.
Business Recorder
08-07-2025
- Business
- Business Recorder
PM urges Etisalat to boost investment in Pakistan
ISLAMABAD: Prime Minister Shehbaz Sharif on Monday invited UAE telecom giant Etisalat Group, urging it to turbo charge its investments in Pakistan's economy, promising 'all necessary support and facilitation' from his government. In a meeting with Etisalat CEO Hatem Dowidar and his delegation, Sharif flaunted the deep-rooted bonds between Pakistan and the UAE, stressing the two countries shared culture, brotherhood, and faith as bedrock for expanding economic ties. A statement issued by the Prime Minister's Office said that Sharif made clear that attracting Emirati and other foreign investors remains a top priority, vowing a more business-friendly climate under his watch. Dar invites UAE's e& to invest in Pakistan Dowidar did not hold back either, lauding Pakistan's recent investor-friendly reforms and singling out Sharif's government for creating a 'more favourable business climate' that is poised to attract global players. Etisalat, he added, has been in Pakistan for 19 years, plans to supercharge its investment, proudly noting its workforce includes over 10,000 Pakistanis. 'We are committed to long-term, successful investment in Pakistan's future,' Dowidar declared, signalling big ambitions ahead. Copyright Business Recorder, 2025
