Telecom
Etisalat to Invest $1B in India
The Emirates telecommunication Corporation, Etisalat, announced its plan to invest up to $1B in India in 2009. It is worth noting that the company approved a35% dividend in the second half of 2008, raising its full year payout to 60%. In addition, Etisalat raised its capital to Dh7.1B ($1.9B) as it recorded a 22% growth in revenues last year. More than 38,000 Pirated CDs Confiscated from Riyadh Streets The Saudi Ministry of Culture and Information has recently confiscated more than 38,000...
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