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Email this article: Etisalat first quarter profit flat as foreign revenue jumps
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Posted: Tue April 24, 2012 12:22 am
UAE. Q1 profit 1.81 billion dirhams vs 1.82 billion dirhams a year earlier; International operations off-set home revenue drop.
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UAE. Transaction levels falling across Abu Dhabi, Dubai, Sharjah; Oil price decline impacting job creation affecting real estate; Affordability and supply levels impacting villa market; Rental market weak but strong tourism sector and Expo 2020 boost medium term outlook.
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