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Etisalat hits 2.5-year high

  • United Arab Emirates: Monday, May 06 - 2013 at 15:28

The ADX General Index climbed 0.35% to close at 3,318.49 points Monday. Market bellwether Emirates Telecommunication Corp., better known as Etisalat, advanced 0.30%, finishing at Dhs11.50. Earlier in the day, Etisalat unveiled in Dubai a new mobile package solution customized for small and medium enterprises (SMEs). The new package, called "Business Ultimate" and sold at prices between Dhs99 to Dhs999 is available for Galaxy S4, BlackBerry's Q10 and iPhone 5 in a first stage. Public and private institutions have launched various initiatives in recent years in order to boost the long-time neglected SME sector.

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