#Etisalat Group
The proposition is an all-in-one solution designed to ensure complete business mobility by equipping each employee to work remotely or in a hybrid work environment
The number of etisalat by e& subscribers in the UAE reached 13.3 million in Q3 2022, representing an increase of 11 per cent over the same period last year
The collaboration includes a focus on business-to-business engagement across large enterprises, governments, and small and medium-sized businesses
e& has also announced the establishment of its consumer digital and enterprise digital business units
The acquisition is expected to complement Etisalat UAE’s existing marketplace services under the Smiles brand
Founded in 2015, elGrocer is an online marketplace for groceries operating across the UAE
Its revenues reached Dhs13.3bn, an increase of 2 per cent year-on-year
Consolidated revenues amounted to Dhs13.2bn and consolidated EBITDA totalled Dhs6.8bn
Its consolidated revenues reached Dhs51.7bn, a 0.9 per cent decrease over the previous year
However, consolidated revenues of the UAE’s biggest telecom operator decreased 1 per cent to Dhs25.6bn
In this year’s Forbes list of the Middle East’s Top 100 Companies 2020, Saudi Arabia led the pack with 33 entries