Wealthy Individuals To Be Main Buyers Of Zain Iraq IPO – CFO

The telecoms operator is looking to raise more than $1 billion through its IPO next year.

Du-Google Partnership Aims To Bolster UAE SMEs

Research shows that out of the 200,000 SMEs in the UAE, only 10 per cent have an online presence.

UAE Telcos Suspend Three Million Mobile Subscriptions

Etisalat and du are suspending services of subscribers who have not registered their SIM cards on time.

New UAE Telco Will Cost Incumbents Profits And Jobs ­– Analysts

As the latest network sharing agreement flops, is now the time to end the UAE telco duopoly?

Saudi Mobily Signs MoU With Atheeb Shareholders For Stake Buy

Mobile operator Mobily plans to acquire a controlling interest in loss-making fixed line operator, Etihad Atheeb.

Samsung Galaxy S3 Most Popular Smartphone In UAE

Nokia remains top mobile manufacturer in the UAE, beating Samsung and Apple.

Du’s Near Miss Twitter Moment

The benefits and dangers of social media are a package deal as companies continue to embrace social media as a tool for customer communication.

Deutsche, HSBC Face Deadlock With Saudi’s STC On $1.2bn Loan

Saudi Telecom wants the banks to restructure a $1.2 billion loan taken for Axis Telekom.

Du Retracts Fee Hike On Service Packages After Twitter Outrage

Du customers have now been given an option to unsubscribe from the automatically upgraded home service package within three months.

Ooredoo Q2 Net Profit Soars 44% To $253.5m

The Qatari telecoms firm saw increased revenue from the group’s units in Iraq and Indonesia.

UAE Telco Du Posts 46% Rise In Q2 Net Profit

The operator said that data services and postpaid customers are driving revenue growth.

UAE’s Mobile Service Revenues Hit Dhs20.4bn In 2012

With one of the highest mobile penetration rates in the world, the UAE recorded strong growth in the telecoms sector last year.

Etisalat In Exclusive Talks With Vivendi For Maroc Tel Stake

The UAE telecoms operator is planning to buy the French firm’s 53 per cent stake in Maroc Telecom for 4.2 billion euros.

UAE Telecom Operators Fail To Agree Network Sharing Deal

Du and Etisalat already offer fixed-line, broadband and television packages in the UAE, but not in the same districts, with du confined to the newer areas of Dubai.

Saudi’s Mobily Q2 Net Profit Rises 13.4%

The telecoms operator made a second-quarter net profit of 1.61 billion riyals, up from 1.42 billion riyals in the same period a year earlier.

Dubai Could Raise $1bn From Telecom Sales

Dubai has alledgely put its 26 per cent stake in Axiom Telecom and 35 per cent stake in Tunisie Telecom on the block.

Etisalat Warns Customers To Register SIM Cards As Deadline Looms

The fourth phase of the registration campaign ends on July 16.

Bahrain To Study Restrictions On VoIP Services

Since the Arab Spring several Gulf governments have pushed for greater control of VoIP and other hard-to-trace communication tools.

Telecom Italia Denies Report On Qatari Talks

Reports suggested that telecoms operator was in talks with Qatari funds to sell a stake in its fixed-line business.

Saudi Mobily Signs $650m Financing Deal With Ericsson

The operator said the deal would be the first of its kind in Saudi Arabia’s telecom sector and would boost the company’s free cash flow.

Mobile Advertising Calls For Profits

With many GCC consumers now owning two handsets, mobile advertising represents a golden untapped opportunity.

Dubai Hires C.Suisse For Tunisia Telco Stake

Emirates International Telecommunications is stepping up sales from its telecoms portfolio to help repay Dubai’s debt pile.

Dubai Holding Hires Citi To Advise Axiom Sale

Many of Dubai Holding’s units have had to hold talks with banks to extend liabilities and restructure debt.

Ooredoo Withdraws Bid For Vivendi’s Maroc Telecom

The Qatari telecoms company said that it withdrew because of the valuation and frustration with the process.

India’s Bharti Airtel Shareholders Approve Qatar Stake Sale

The deal marks Qatar’s first major investment in a listed Indian company.

Kuwait’s Zain Launches Share Sale Of Iraqi Unit

The telecoms operator will offer 55.9 million shares at one dinar each.

Zain Saudi To Defer Paying $1.49bn In Licence Fees

The rescheduled payment, spread over seven years, will be treated as a commercial loan.

Etisalat Makes Top Bid For Vivendi’s Maroc Tel- Sources

UAE’s Etisalat has reportedly offered a higher price than rival Qatari bidder Ooredoo for Vivendi’s 53 per cent stake in Maroc Telecom.

Bahrain’s Batelco Says CEO Leaves, Former Boss Steps In

Sheikh Mohamed bin Isa al-Khalifa has been temporarily replaced by long-serving Peter Kaliaropoulos

Saudi’s Mobily Denies Asking For Help To Spy On Customers

A software engineer claimed that the company had asked him to build surveillance tools to intercept customers’ messages on Twitter.