Du's profits fell 27% in the first quarter

Du's profits fell 22% to AED 257 million. In the first quarter of this year, compared to the same period last year

"The company's revenues fell 6% in the first quarter of this year compared to the corresponding quarter last year, reaching two billion and 883 million dirhams.

Emirates Integrated Telecommunications Du announced in February to raise the proportion of UAE nationals, institutions and UAE bodies until a maximum of 100% of the company's capital. / p>

Earlier, the Board of Directors approved the amendment of ownership rates in the company's shares according to these new ratios, and to abolish any previous decisions, taking into account existing shareholders for the ratio Exceeds 5% of the capital.