International telco group Etisalat has reported a preliminary 3.2% year-on-year rise in net profit for the twelve months ended 31 December 2021, to AED9.3 billion (USD2.5 billion). Sales for the year were up by the same margin at AED53.3 billion, with the rise attributed to increased demand for data connectivity and digital services, plus growth at its international operations and a steady improvement in domestic operations.
Etisalat is the largest operator in the United Arab Emirates (UAE) and has operations in 15 other markets across the Middle East, Africa and Asia. The group’s full 2021 results announcement is due on 24 February.