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UAE overhauls Etisalat board after profit slump

The United Arab Emirates overhauled the board of No.1 telecoms operator Etisalat on Tuesday after a persistent profit slump hit the major source of federal revenue. President Sheikh Khalifa bin Zayed al-Nahyan, who is also the ruler of Abu Dhabi, issued a decree appointing Eissa al-Suwaidi as chairman to replace…

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Click here to read the full story: Reuters

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