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Mobily’s Q3 profit up 11.7%

Saudi-based Etihad Etisalat (Mobily) has reported an 11.7% rise in third-quarter net profit, as revenue from corporate and wholesale customers grew, Reuters has reported. The affiliate of the UAE’s Etisalat made a third-quarter net profit of SR1.69bn, up from SR1.51bn in the prior-year period. Revenue for the three months period was SR6.45bn, up from SR6.18bn a year ago.