Etisalat Egypt Seizes 8% from Etisalat UAE’s Total Profits

Etisalat Egypt captured 8% Etisalat UAE’s total profits within the second quarter of 2014.

Etisalat UAE’s business results revealed that the company achieved growth in revenues during the second quarter of 2014 with 7.3% growth rate to register EGP2.35billion against EGP2.19 billion in the first quarter so as to eventually record EGP1.5billion revenues with the first half in compared to EGP4.3billion in the same period of 2013.

CEO of Etisalat Egypt Saeed AlHamli, said Etisalat achieved surge in revenues and growth due to the rapid technological development which made by the company in the Egyptian market.

Etisalat Egypt invests more than EGP2 billion in its infrastructure annually so that the company will enhance its services for the citizen.