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Etisalat gaines as telecom provider denies media reports on

 
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Kirk
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Joined: 01 Jan 1970
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PostPosted: Wed Feb 22, 2012 7:05 pm    Post subject: Etisalat gaines as telecom provider denies media reports on Reply with quote

In Abu Dhabi, the ADX General Index advanced 0.31% to reach 2,534.91 points. Market bellwether Emirates Telecommunications, known as Etisalat (Arabic for connections) added 0.42%, finishing at Dhs9.55. Earlier in the day Etisalat denied media reports that it is currently seeking a syndicated loan. Nevertheless, the firm added that constantly evaluating financing opportunities in both local and international markets. Some 80m shares were traded, valued at Dhs121.6m

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