e& and du paid AED 3.54 billion to UAE government as royalty in H1
ABU DHABI: The telecom giants e& (formerly Etisalat) and du operate under a royalty deal with the UAE government. The royalty deal between e&, du, and the UAE government involves the companies paying a percentage of their profits to the government under the Ministry of Finance’s Royalty Guidelines. So, for every profit e& and du […]
