ABU DHABI / WAM Etisalat Group on Wednesday announced its consolidated financial statement for the nine months ending September 30. Consolidated revenues reached to AED38.8 billion, while consolidated net profit after Federal Royalty amounted to AED6.7 billion an increase of 2.1 percent compared to same period last year. Aggregate subscriber base reached AED148 million; representing year over year (y-o-y), rise ...

Bloomberg Design flaws in Boeing Co.’s 737 Max, a failure to share vital information with pilots and airline maintenance stumbles contributed to last year’s crash of Lion Air Flight 610, which killed 189 people, investigators have concluded. In a nine-point presentation to victims’ families prior to the Friday release of a formal crash report, the Indonesian National Transportation Safety Committee ...

DUBAI / WAM Nasdaq Dubai welcomed the listing of a $750 million issued by the Emirate of Sharjah on Wednesday. It is the second sukuk listing this year on Nasdaq Dubai by Sharjah, following a one $1 billion listing in April, said a press release issued by Nasdaq Dubai on Wednesday. The total value of all the Emirate’s Sukuk listed ...