While Etisalat has to pay a royalty of 15 per cent on its revenues, du will initially need to pay a revenue royalty of five per cent.
Group owner Vivendi is selling 53 per cent of its stake in the Moroccan mobile operator.
The telecoms operator faced a two-week ban on SIM card sales over provisioning requirements.
The deal includes assets in Monaco, Maldives, the Seychelles and Channel Islands.
Scott Gegenheimer resigned from telecom operator Wataniya six months ago.
Each shareholder will receive one new bonus share for every 10 held.
The telecoms operator has postponed the maturity date of the murabaha facility to December 19.
Etisalat’s Saudi unit, Mobily, has been banned from selling pre-paid SIM cards by the Kingdom’s regulator.
Mobily will not able to resume sales of pre-paid cards until it meets provisioning requirements.
The telecom firm has formed a new alliance with the Californian company to bring faster internet speeds to the Gulf.
The deal, mandated by Qatar Islamic Bank, runs for 18 months.
The Omani telecoms operator reported a net profit of $2.6 million in the third quarter of the years.
Telecoms companies in the GCC continue to seek control and profits by bulking up their presence in foreign firms.
The Bahraini telecoms firm accused Siva Ltd of not adhering to a settlement agreement over their joint venture S Tel.
The UAE’s leading operator reported third-quarter net profit of Dhs2.21 bilion and revenue of Dhs8 billion.
The iPad mini packs a smaller 7.9 inch display and thinner body.
Third quarter results for the Kuwaiti operator sees profits down as its CEO announces his desire to stand aside early next year.
The company made a third quarter net profit of 1.07 billion riyals while domestic revenue for the first nine months rose 9.4 per cent.
The UAE telecoms operator made a net profit after royalty of Dhs326.9 million in the third quarter.
STC reports jump in third-quarter profit due to growth in broadband but still misses market expectations.
The telecoms operator said net loss widened by two percent because of lower revenues.
Batelco currently owns Jordanian operator Umniah and 27 per cent of Yemeni mobile firm Sabafon.
The Saudi telecom giant has also revealed details of a new collaboration with Hilton Hotels.
The telecommunications firm operates in 17 countries in Africa, Asia and the Middle East.
The Saudi telecom giant has made several announcements on the opening day of technology week, including deals with Ericsson, Huawei and Wikipedia.
The Kuwaiti telecoms operator is looking for funding to help boost network capabilities and improve its current services.
The Qatari telecoms operator is to own almost all of Kuwait’s Wataniya network as Kuwait Investment Authority sell up.
The ambitious project currently faces technical and financial obstacles.
The UAE network is eyeing up new ventures into core markets, funded by a $510 million sale of its Indonesian stakes.
The Bahraini telecoms operator is planning to buy the Monaco & Islands portfolio of British telecoms group CWC.