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Nasdaq, SGX in pact to smooth dual listings

Bloomberg Singapore Exchange Ltd. (SGX) and Nasdaq Inc. will extend their partnership to help companies access capital in both jurisdictions. The increased cooperation will include a streamlined framework for issuers seeking a secondary listing on Singapore Exchange, SGX said in a statement. The two exchanges are deepening their partnership at a time when the tensions between the US and China ...

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UAE No.1 globally in mobile subscription index: UN report

DUBAI / WAM The UAE ranked first in the Gulf, Arab Region, and Western Asia, and the seventh globally in the Telecommunication Infrastructure Index (TII) according to the UN E-Government Survey 2020. It also ranked second in Asia in this index. In addition, the UAE made significant progress in the global competitiveness indicators of the telecommunications sector in the report, ...

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Etisalat H1 net profit rises 3% to reach AED4.6 billion

Dubai / emirates business Etisalat Group on Tuesday announced its consolidated financial results for the first six months of 2020 ending June 30. The subscriber base of Etisalat Group during the period reached 146 million. The consolidated revenues of the group amounted to AED25.6 billion and consolidated net profit after Federal Royalty amounted to AED4.6 billion representing a year over ...

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