UAE operators Etisalat, du raise foreign ownership to 49%

UAE operators Etisalat, du raise foreign ownership to 49%
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Etisalat first opened up to foreign ownership in 2015
by Zainab Mansoor
January 21, 2021
UAE telecom operators Etisalat and du have raised the ownership limit of foreign nationals to 49 per cent.
“Non-UAE nationals (whether individual or legal entities) are entitled to own shares in the company up to 49 per cent of the company’s capital. Local and international telecommunication companies are not permitted to own shares in the company,” du said, in a bourse filing to

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