Etisalat reports Dh2.2b first quarter net profit

Abu Dhabi: Etisalat Group on Wednesday reported a net profit of Dh2.2 billion for the first three months of 2020 (Q1) in their latest financial results, representing a two per cent decrease year on year. The company’s financial results also reported consolidated revenues of Dh13.1 billion, a one per cent increase compared to last year. The […]

India’s new FDI rules may open new flashpoint with China

New Delhi: India’s new rules for foreign investment violate WTO principles of non-discrimination and are against free and fair trade, a Chinese embassy spokesperson said on Monday, potentially opening a new flashpoint in their uneasy ties. On Saturday, India stepped up scrutiny of investments from companies based in neighbouring countries, in what is widely seen […]