ArabComments
Sunday, February 26, 2006
  Etisalat doubles capital and distributes 50% net profits

Etisalat announced :
* 100% Increase of capital from 4 to 8 Billion AED
* Distributed Cash 25% profits per share to all its shareholders
* Distributed Shares 25% in share per shares quantity to all its shareholders.
* Announced that it has secured both the Saudi and the Pakistani deals.

Etisalat said in Abu Dhabi money exchange today that it is upping its performance in order to stand strong against increasing competition, locally and internationally.


Cheers !
 
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