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Etisalat not looking for acquisitions – CEO

Mohamed Omran, chief executive of Etisalat has said the firm is not currently seeking new acquisitions after plans to buy a large stake in Kuwait's Zain fell through earlier this year, Zawya Dow Jones has reported. "We are not looking now (at acquisitions). We are focusing on Arab countries and I think it will need time to come back...to be active again," Omran told reporters on the sidelines of a telecoms conference in Amman.