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du 9-month revenues up 10.5% to AED3.17 billion

Dubai / WAM  du, from Emirates Integrated Telecommunications Company (EITC), has published its financial results for the quarter-ended September 30. Revenues increased by 10.5% to AED3.17 billion on sustained demand for broadband and mobile services. Ebitda increased by 18.5% year-over-year to AED1,303 million. The increase in service revenues (and its inherent higher profitability) lifted the gross margin to 65.2% compared ...

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North Korea threatens US with ‘powerful measures’ after drills

North Korea threatened to unleash a powerful action if the US does not halt joint military drills with partners including South Korea, in what might be an effort by Kim Jong Un to lay the groundwork for his first nuclear test in five years. “If the US continuously persists in the grave military provocations, the DPRK will take into account ...

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Turkey stalls Sweden’s Nato bid ahead of Stoltenberg visit

Turkey isn’t satisfied with promises made by Sweden to crack down on Kurdish separatists and is unlikely to lift its objections to the nation’s Nato membership bid unless it takes more definitive steps, Turkey’s ruling AK Party spokesman Omer Celik said. “These statements of Sweden are good, but not enough until they are implemented,” Celik said late Monday. “We are ...

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