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Elon Musk lands deal to take Twitter private for $44 billion

  Bloomberg Billionaire entrepreneur Elon Musk agreed to buy Twitter Inc for $44 billion, using one of the biggest leveraged buyout deals in history to take private a 16-year-old social networking platform that has become a hub of public discourse and a flashpoint in the debate over online free speech. Investors will receive $54.20 for each Twitter share they own, ...

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UAE established a culture of diversity: Chinese official

  DUBAI / WAM The Consul-General of China in Dubai, Li Xuhang, said the UAE has succeeded in consolidating the meanings of diversity, inclusiveness and a culture of openness through hosting people of more than 200 nationalities. In an interview with the Emirates News Agency (WAM), Xuhang said the UAE has created a community with a shared future for mankind. ...

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e& net profit rises 3.6% to AED2.4 billion in Q1

  Abu Dhabi / WAM e& (formerly known as Etisalat Group) announced its financial results for Q1 2022. e&’s first quarter consolidated revenues increased by 0.8% to AED13.3 billion, while consolidated net profit increased to AED2.4 billion, a year-over-year increase of 3.6%. Consolidated Ebitda reached AED6.8 billion, an increase of 0.5% year-over-year, resulting in an Ebitda margin of 51%. At ...

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