Emirates Integrated Telecommunications Company (du)
Date of Establishment: 2006
Acting CEO: Fahad Al Hassawi
Market Value: $8.1 billion
du has a foreign ownership of 0.82%, but in February 2021 the telecom operator raised its foreign ownership limit to 49%. In May 2021, the company signed long-term financing agreements with a group of banks worth over $1 billion to support its future operations. Last year, du created an e-Shop for U.A.E. SMEs to support digital transformation.