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H.E. Nasser Bin Obood said:
"We value this recognition by the SCA which reflects Etisalat's core values of transparency, optimism and openness, in each aspect of its operations. At the core of our business strategy is the respect for our investors, and we are delighted that this commitment has been recognized by the SCA."
Etisalat has been successful in establishing an excellent telecommunication infrastructure acoss the Middle East, Africa and Asia, built on a robust investment strategy.
This has enabled the Corporation to attract many international investment and partners for its investments across the world.
The SCA aims to promote awareness on the importance of transparency and disclosure as well as encouraging the PJSC (Public joint-stock Companies) listed in the financial markets to take every necessary action towards full compliance of the financial statements according to the 'timely-disclosure' guidelines established by the SCA.
According to the SCA regulations, all PJSC companies listed on the securities markets are required to notify both the SCA as well as the respective financial market with their periodic financial reports (quarterly & semi-annually basis).
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Posted by Eman Hassan
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