Page 26 - SAMENA Trends - July-August 2022

REGIONAL & MEMBERS UPDATES SAMENA TRENDS

e& Reports Consolidated Net Profit of AED 4.9 billion for H1 2022, Up 2.5
Percent

e& (formerly known as Etisalat Group)
announced its financial results for H1
2022. Key operational highlights and
developments for H1 2022:
e&:
• Board approves interim dividend of 40
fils per share for H1 2022
• Acquired approximately 2,766
million shares in Vodafone Group
Plc (“Vodafone”), representing 9.8%
of Vodafone’s issued share capital
(excluding treasury shares)
• Completed the acquisition of elGrocer,
under the Smiles brand
• Launched region’s first Telco NFT
collection to strengthen blockchain
legacy
• Announced the readiness of SmartHub
Datacenter as the future telecom hub in
the region
• Partnered with G42 to create the
UAE and Middle East’s largest data
center provider, Khazna Data Centers,
to support the creation of a digital
ecosystem
• Entered a new phase of collaboration • Partnered with Amazon to offer eero and regarding a potential offer to increase
and strategic partnership with Echo devices for the very first time in its shareholding in Mobily
Microsoft to drive innovation and digital the country and expanded collaboration • PTCL successfully deployed AirPON, an
transformation with Amazon Web Services (AWS) innovative Fibre-to-the-Home solution, in
• Open Radio Access Network (RAN) MoU to serve key industries and meet the its Fiber Access Network
comprising of Middle East operators growing demand for digitalization e& life, from e&:
including e& opened the region’s first across different industries • eWallet rebranded as e& money, the new
centralized test lab in collaboration with • In collaboration with industry leading fintech company as well as the financial
TIP and Intel vendors, Etisalat UAE launched the first super app marketplace
• Partnered with Meta to drive innovation global live multi-vendors VoNR (Voice • E-Vision and Abu Dhabi Developmental
with enhanced Augmented Reality (AR) over New Radio) ecosystem Holding Company PJSC (ADQ), signed
and Virtual Reality (VR) experiences and • Recognized outstanding small and a binding agreement to acquire
conversational commerce in its digital medium businesses (SMBs) and start- approximately 57 percent in STARZPLAY
communication projects ups at the second edition of the SMB ARABIA
• e&, Abu Dhabi Digital Authority (ADDA) awards • ejunior, owned by E-Vision, celebrated its
and Trend Micro partnered to launch • Smiles partnered with Mohammed Bin successful 21-year journey in the UAE
Cyber Eye, an initiative to strengthen Rashid Al Maktoum Global Initiative e& enterprise, from e&:
the Abu Dhabi Government entities’ (MBRGI) to support the global “One • Partnered with DataRobot to launch
cybersecurity capabilities Billion Meals” campaign during the holy an Enterprise AI as a Services (AIaas)
Etisalat UAE, by e&: month of Ramadan for supporting governments’ digital
• Announced the refreshed brand identity e& international: transformation journey support
in line with the Group’s new positioning • Etisalat Egypt announced its brand • Partnered with NICE to bring the CXone
earlier this year identity as etisalat by e&, following the cloud platform to the UAE
• Launched GoChat Messenger, an all-in- celebration of its 15th year anniversary • Collaborated with Oracle, to host
one free voice and video calling app of operations business solutions for Transguard Group
• Launched the UAE’s first-of-its-kind • Etisalat Egypt and Honeywell signed an to lower the total cost of ownership
Easy Insurance, an innovative insurance MoU to offer new services and products (TCO) by over 40 percent in five years
platform offering digital services for in the field of IoT and smart cities H1 Overview
auto, health and travel insurance • Announced discussions with Mobily e&'s consolidated revenues reached AED

26 JULY-AUGUST 2022