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EITC net profit rises 26.2% to AED303mn in Q2 2022

  Dubai / Gulf Time Emirates Integrated Telecommunications Company (EITC) published its financial results for the quarter-ended June 30. While revenues of the company increased by 9.9% to AED 3.14 billion on sustained demand for broadband and mobile services, Ebitda improved by 12.1% to AED1.27 billion thanks to a sharp increase in service revenues and gross margin expansion. EITC’s net ...

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Etihad extends Zanzibar flights to January 2023

  Abu Dhabi / Gulf Time Etihad Airways has announced the extension of its flights between Abu Dhabi and Zanzibar to January 14, 2023. The service will continue to be operated at the current schedule of three times weekly until November 26, when a fourth weekly flight will be introduced for the end of year holidays. The flights will be ...

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AECB adds EtihadWE bills in its credit reports

  Dubai / WAM Al Etihad Credit Bureau (AECB) has announced it successfully added key utility billing data from all the Emirates covered by Etihad Water and Electricity (EtihadWE), including Ajman, Umm Al Quwain, Fujairah and Ras Al Khaimah, as part of the alternative data used in the credit reports of individuals and companies. AECB has recently added payment obligations ...

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