December 1, 2023
Business Tech

UAE operators Etisalat, du raise foreign ownership to 49%

UAE telecom operators Etisalat and du have raised the ownership limit of foreign nationals to 49 percent.

“Non-UAE nationals (whether individual or legal entities) are entitled to own shares in the company up to 49 percent of the company’s capital. Local and international telecommunication companies are not permitted to…

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