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Capital Markets Day 2020 Presentation
Etisalat Group February 19st, 2020 Capital Jumeirah Saadiyat, Abu Dhabi Markets 2020 Day DISCLAIMER Emirates Telecommunications Group Company PJSC and its subsidiaries (“Etisalat Group” or the “Company”) have prepared this presentation (“Presentation”) in good faith, however, no warranty or representation, express or implied is made as to the adequacy, correctness, completeness or accuracy of any numbers, statements, opinions or estimates, or other information contained in this Presentation. The information contained in this Presentation is an overview, and should not be considered as the giving of investment advice by the Company or any of its shareholders, directors, officers, agents, employees or advisers. Each party to whom this Presentation is made available must make its own independent assessment of the Company after making such investigations and taking such advice as may be deemed necessary. Where this Presentation contains summaries of documents, those summaries should not be relied upon and the actual documentation must be referred to for its full effect. This Presentation includes certain “forward-looking statements”. Such forward looking statements are not guarantees of future performance and involve risks of uncertainties. Actual results may differ materially from these forward looking statements. Business Overview Saleh Al-Abdooli Chief Executive Officer Etisalat Group Etisalat Group Serkan Okandan Financial Results Chief Financial Officer Etisalat Group Etisalat Group Hatem Dowidar International Chief Executive Officer -
Modern City Tours • Cultural Experiences • World-Class
TOURIST GUIDE TO THE UAE MODERN CITY TOURS • CULTURAL EXPERIENCES • WORLD-CLASS ATTRACTIONS • DESERT SAFARIS • & MORE ADVENTURES TO BE DISCOVERED INSIDE! A journey of relaxation, fun and excitement! Welcome to a place where people from all corners To make your stay as remarkable as you’ve wanted of the world converge – the United Arab Emirates it to be, we at Desert Adventures, the leading (UAE). destination management company in the region, have made the most of what the UAE has in store. Rich in cultural heritage and tradition, the UAE has Accordingly, we have put together some of the rapidly transformed its erstwhile empty desert choicest options that will certainly make every land into a sought-after holiday destination filled minute of your visit count. with exciting attractions and distinctive experiences. Browse through this guide and learn more about all the fun and excitement that you most definitely From well-appointed hotel accommodations and would not want to miss. Make the most of your trip thought-provoking sightseeing tours that by getting in touch with our local experts and showcase the UAE’s natural splendour and representatives. We will be more than happy to intriguing culture to fun-filled theme parks and assist you in making your stay truly memorable. In desert activities, bargain shopping and luxurious the meantime, keep turning the pages and grab an fine dining experiences – all these have made the experience of a lifetime! country a favourite and sought-after destination for both leisure and business travellers all year Here’s wishing you a unforgettable stay in our round. -
Annual Report 2019 a World Without Limits
A WORLD WITHOUT LIMITS ANNUAL REPORT 2019 TABLE OF CONTENTS 01. Key Highlights of 2019 05 15. Saudi Arabia 49 02. Business Snapshot 07 16. Egypt 51 03. Chairman’s Statement 08 17. Morocco 53 04. Board of Directors 10 18. Pakistan 57 05. Etisalat’s Journey 14 19. Afghanistan 60 06. Group CEO’s Statement 16 14. E-Vision 61 07. Management Team 18 20. Etisalat Services Holding 62 08. Vision and Strategy 22 21. Human Capital 65 09. Key Events During 2019 29 22. Corporate Social Responsibility 69 10. Operational Highlights 30 23. Corporate Governance 73 11. Brand Highlights 34 24. Enterprise Risk Management 76 12. Etisalat Group’s Footprint 40 25. Financials 81 13. United Arab Emirates 43 26. Notice for General Assembly Meeting 170 3 KEY HIGHLIGHTS OF 2019 EBITDA NET PROFIT REVENUE (BILLION) (BILLION) (BILLION) 52.2 26.4 8.7 AED AED AED CAPEX AGGREGATE DIVIDEND PER (BILLION) SUBSCRIBERS (MILLION) SHARE 80 8.9 149 FILS AED ANNUAL REPORT 2019 4 5 ETISALAT GROUP BUSINESS SNAPSHOT Etisalat Group offers a range of communication services to consum- speed on its 5G standalone network, Etisalat enabled 5G networks ers, businesses, and government segments in multiple regions. Our across several key sites in the UAE. As part of Maroc Telecom’s inter- portfolio of products and services include mobile, fixed broadband, national development strategy and plan to consolidate the group’s TV, voice, carrier services, cloud and security, internet of things, mo- presence in Africa, Maroc Telecom completed the acquisition of Tigo bile money, and other value added services. -
SUPPLEMENT NO. 6 to PART 744 – UNVERIFIED LIST Exports, Reexports, and Transfers
Unverified List Supplement No. 7 to Part 744—page 1 SUPPLEMENT NO. 6 TO PART 744 – UNVERIFIED LIST Exports, reexports, and transfers (in-country) involving parties to the transaction who are listed in this supplement are subject to the restrictions outlined in § 744.15 of the EAR. FEDERAL REGISTER COUNTRY LISTED PERSON AND ADDRESS CITATION AND DATE OF PUBLICATION ARMENIA Atlas Sanatgaran, Komitas 26/114, Yerevan, Armenia 85 FR 64014, 10/9/2020. Iranian & Armenian, Komitas 26/114, Yerevan, Armenia 85 FR 64014, 10/9/2020. Piricas Trading Company, No. 20 Heratsi 2A, Yerevan, 85 FR 64014, Armenia 10/9/2020. AZERBAIJAN Caspian Oil Montaj 82 FR 16732, Office 39, Block B 04/06/17. 30 Kaverochkin Street Baku, Azerbaijan CANADA Laval Electronics, 3073 Rue Edmond-Rostand, Laval, 83 FR 22844, QC H7P, Canada 05/17/18. Rizma, Inc. 80 FR 60532, 1403-8 McKee Avenue 10/07/15. Toronto, Ontario M2N 7E5 Canada Services GP Tek 83 FR 22844, a.k.a. Nouvelle Option 05/17/18. 1305 Rue Pise Brossard, QC J4W 2P7, Canada; and 203-760 Rue Gal Montreal, QC H4G 2P7, Canada; and 6271 Rue Beaulieu Montreal, QC, H4E 3E9, Canada CHINA Able Supply Chain Limited, Rm 511, 5/F, 84 FR 14610, April Corporation Park, 1 On Lai Street, Sha Tin, New 11, 2019. Territories, Hong Kong; and Rm 605, 6/F, Export Administration Regulations Bureau of Industry and Security July 12, 2021 Unverified List Supplement No. 7 to Part 744—page 2 Corporation Park, 1 On Lai Street, Sha Tin, New Territories, Hong Kong; and Unit C, 9/F, Winning House, No. -
Al Rashidiya Bus Network
Al Rashidiya Bus Station Route Service Muhaisnah 2, Etisalat Academy Muhaisnah (1)-A 2 Mizhar 1, G 4 Muhaisnah 1, Intersection 1 Mizhar 1, F 1 5 Muhaisnah (1)-B 2 Al Mizhir 1, Arabian Center Gold Souq Bus Station 14 Al Rashidiya Bus Station 5 Mizhar 1, A 1 Mizhar 1, C 1 Mizhar 1, D 1 Al Mizhar Mall 1 Naif, Intersection 1 5 Muhaisnah 1, Etihad Mall 1 Khawaneej, Road 1 2 Mizhar 2 Khawaneej, Roundabout 1 Mushrif, Eppco 1 Mushrif, Park 1 Turno 1 Burj Nahar, Intersection 1 Khawaneej 1 1 M M M M M M Khawaneej, Park Mirdi, ETISALAT Tower 1 Union Metro M Airport Khawaneej Nakhal 1 2 Station A 2 Terminal 1 Emirates Metro Station 1 4 11A 44 F05 F03 F10 365 366 Mirdi, Private School 1 , Terminus Gulf & Safa Diaries 1 Rawabi Diary Rashidiya, Uptown Mirdif 1 Garhoud, Cargo ,Crossing 1 M Dnata 1 Street 38 Intersection 1 Village Gate Dubai Municipality Mirdi, Area 3 Amardi, Road 1 1 Garage 1 M Rashidiya, Village Al Warqa'a I 1 Mawakeb School 1 5 Amardi, Road 4 1 M Rashidiya, Park 1 Downtown Mirdi Gate 1 Al Warqa'a H 1 Awir, Etisalat 1 M Dubai Festival City Max 4 Garage Al Warqa'a Entrance 1 Al Warqa'a G 1 Inter Care Limited Umm Hani School 1 Awir, Palace 1 Al Warqa'a A 1 Al Warqa'a, Courtyard 1 Rebat Street 1 Rashidiya 2 4 Awir, CMC 1 Ghubaiba Bus Station Dubai Festival City, IKEA1 Umm Ramool Al Warqa'a C 1 Al Warqa'a, , Enoc 1 ETISALAT Tower 1 Awir, CMC Road 4 2 Al Warqa'a D 1 Al Warqa'a E 1 6 International City, Dragon Mart 1 Awir, Palace 2 Bits Pilani 2 Awir, Dewa Wells Unit 2 Al Fahidie Metro Station A1 Oud Metha Knowledge Village 1 2 Knowledge Village 2 2 Falcon BurJuman Metro Station A1 Metro Station 1 Police Stadium Awir, CMC Road 1 2 Intersection 1 Emirates Aviation University 2 Raa 1 Rolla Saeediya School 2 Dubai Mens College 1 2 Awir, Mosque 1 Karama 1 2 44 Al Rashidiya Bus Station To Al Ghubaiba Bst Dubai Mens College 2 2 6 Karama Ent. -
Brochure and Price List Are Desert Resort & Spa Where Breakfast, Lunch and Dinner Subject to the Conditions of the Contract
United Arab Emirates 1 Dubai 2 Stopover in Dubai 3 - 4 Stopovers with Emirates 5 - 6 Contents Things to do in Dubai 7 - 10 Special Attractions 11 - 16 Emirates Live Events 17 - 18 General Information 19 - 20 The Emirates experience 21 - 22 The Emirates network 23 - 24 Hotel information 25 - 67 Arabian Adventures 69 - 78 General Notes 78 - 86 Car rental 87 - 90 Booking terms & conditions 91 - 94 Arabian Adventures Tours & Excursions Conditions 95-96 Useful contact numbers in Dubai 97 Dubai city location map ii iii United Arab Emirates Dubai Where old meets new The centre of our world Comprising of seven emirates – Dubai, Abu Dhabi, Fujairah, Dubai has been described in many ways - the gateway to the Ras Al Khaimah, Ajman, Umm Al Quwain and Sharjah, the Middle East, the City of Merchants and the City of Gold - to UAE is one of the world’s fastest growing tourist destinations, name a few. a meeting place for diverse cultures with all the right Dubai is a city of contrasts, a land where tradition meets ingredients for an unforgettable holiday experience. diversity, historic and modern, from east to west, that blend With some of the finest hotels in the world, miles of golden seamlessly to create a fascinating destination. It is home sandy beaches and warm seas, state-of-the-art shopping to some of the world’s finest hotels and culinary flare. An malls, exotic souks, equisite dining options, stunning abundance of attractions, festivals and activities by day, and desert and mountain landscapes, the UAE is a truly unique traditional celebrations to trendy discotheques by night are destination to explore. -
UAE Telecoms Sector
2nd July 2008 Initial Coverage UAE Telecoms Sector • Population growth (projected 5 year CAGR of 4.8%) should be the key driver for the UAE telecoms sector over the next few years, resulting in a combined CAGR of 8.6%. for Etisalat and du’s revenue from UAE operations, to AED Etisalat 35.27bn by 2012, up from AED 21.68bn in 2007. Rating: Outperform • In the case of Etisalat, we expect international operations to become an increasingly important driver for the company’s profitability and the stock’s du performance. We forecast Etisalat’s overseas revenues from subsidiaries to Rating: Market Perform grow at a 17.6% CAGR from 4% of total revenues in 2007 to 24% by 2012. • We initiate coverage of Etisalat with an Outperform rating and a DCF-derived target price of AED 26.34, giving a 33% upside. With an EV/EBITDA multiple of 6.1x our 2009 estimate, we feel the current valuation does not fully incorporate the impact from international operations over the next few years. • We initiate coverage on du with a Market Perform rating, reflecting the 3.1% upside to our DCF-derived target price of AED 6.06. du should continue to gain subscribers, thanks to steady growth and churn in the UAE’s expatriate population. However, we feel the current valuation, at EV/EBITDA multiple of 19.2 in 2009 and 10.4 in 2010, fully reflects the growth potential, especially in light of the uncertainties with regards to subscriber quality and ARPU growth. • Any reduction in royalty payments to the UAE Government and relaxing of foreign ownership restrictions would act as additional catalysts for further price appreciation. -
Etisalat-Group-Annual-Report-English-2018.Pdf
ANNUAL REPORT 2018 ETISALAT GROUP TABLE OF CONTENTS 01. Key Highlights of 2018 04 14. E-Vision 43 02. Business Snapshot 06 15. Saudi Arabia 44 03. Chairman’s Statement 08 16. Egypt 46 04. Board of Directors 10 17. Morocco 48 05. Etisalat’s Journey 14 18. Pakistan 52 06. Group CEO’s Statement 16 19. Afghanistan 56 07. Management Team 18 20. Etisalat Services Holding 57 08. Vision and Strategy 22 21. Human Capital 59 09. Key Events During 2018 26 22. Corporate Social Responsibility 62 10. Operational Highlights 28 23. Corporate Governance 66 11. Brand Highlights 32 24. Enterprise Risk Management 70 12. Etisalat Group’s Footprint 36 25. Financials 74 13. United Arab Emirates 38 26. Notice for General Assembly Meeting 167 2 3 ANNUAL REPORT 2018 ETISALAT GROUP KEY HIGHLIGHTS OF 2018 52.4 25.9 AED AED BILLION REVENUE BILLION EBITDA 8.6 80 AED FILS NET PROFIT DIVIDEND PER SHARE 8.4 141 AED MILLION BILLION CAPEX AGGREGATE SUBSCRIBERS ANNUAL REPORT 2018 ETISALAT GROUP BUSINESS SNAPSHOT In 2018, Etisalat Group’s vision of driving the digital future to em- Simultaneously, Etisalat has maintained its practice of high cash power societies helped deliver a digital experience and engendered generation, in order to continue to reward its shareholders and innovation across its customers and businesses. Etisalat’s perfor- grow its business. The Group has sustained a generous dividend mance in 2018 is a reflection of the Group’s resilience and ability to program with close to AED 21 billion returned to shareholders over mitigate the pressures arising from the challenges facing the indus- the past three years. -
REGISTRATION DOCUMENT Including the Annual Unancial Report Worldreginfo - 4E3f6317-7984-4435-8B2c-Cd58e13b8244 CONTENTS
2 0 1 7 REGISTRATION DOCUMENT including the annual Unancial report WorldReginfo - 4e3f6317-7984-4435-8b2c-cd58e13b8244 CONTENTS MESSAGE FROM THE MANAGEMENT 1 KEY FIGURES, GROUP STRATEGY BOARD’S CHAIRMAN 2 AND RISK FACTORS 11 CORPORATE 1.1b 2017 key Ɠ gures 12 GOVERNANCE 3 1.2b Group strategy 14 MAROC TELECOM IN BRIEF 4 1.3b Risk factors 16 HIGHLIGHTS 2017 6 2 GENERAL INFORMATION ABOUT THE COMPANY 23 2.1b Person responsible for the Registration Document and for the audit of the Ɠ nancial statements 24 2.2b Information about the Company andbcorporate governance 26 3 DESCRIPTION OF THE GROUP, BUSINESS ACTIVITIES, LEGAL AND ARBITRATION PROCEEDINGS 61 3.1b Description of the Group 62 3.2b Business activities 70 3.3b Legal and arbitration proceedings 103 4 FINANCIAL REPORT 105 4.1b Consolidated results of the past threebyears 106 4.2b Overview 109 4.3b Consolidated Ɠ nancial statements atb31bDecemberb2015, 2016 and 2017 120 4.4b Statutory Ɠ nancial statements 166 5 RECENT DEVELOPMENTS AND GROWTH OUTLOOK 197 5.1b Recent developments 198 5.2b Market outlook 198 5.3b Objectives 199 6 NOTES 203 Cross-reference table 204 Financial information reported in 2017 207 Statutory auditors’ fees 207 Ordinary Shareholders’ Meeting ofbAprilb24,b2018 208 Glossary 210 WorldReginfo - 4e3f6317-7984-4435-8b2c-cd58e13b8244 2017 REGISTRATION DOCUMENT Including the annual financial report This Registration Document was filed with the French Financial Markets Regulator (AMF) on April 09, 2018, in accordance with Article 2212-13 of its General Regulations. The Registration Document may be used in connection with a financial transaction if supplemented by an offering circular (note d’opération) approved by the AMF. -
Copyrighted Material
Almaz by Momo, 141 Beach resorts, best, 4–5 Index Al Midfaa house (Sharjah), 146 Big Bus Company, 108, 160 Alms (zakat), 19 Bin Lootah Mosque, 101 GENERAL INDEX See also Accommodations and Al-Mulla Mosque, 100 Bloomingdale's, 128–129 Restaurants indexes, below. Al Naboodah family home Blue Souk (Central Souk; (Sharjah), 146 Sharjah), 150 Al Nasr Leisureland, 110 Boat racing, 24 Al Noor Hospital (Abu Dhabi), Bookstores, 128 General Index 160 Boudoir, 136, 141 A Al-Otaibat Mosque, 100 Boutique 1, 129 Alpha Tours, 109 Bowling, 110 AAA (Arabian Automobile Al Qassimi Hospital (Sharjah), Bravo (Abu Dhabi), 169 Association), 170 146 Bridges, 28 Abras (water taxis), 29 Al Shindagha Square Fort, 100 British Airways, 158 Abu Dhabi, 156–169 Al Wasl Hospital (Dubai), 171 Buddha Bar, 137 accommodations, 162–165 American Hospital (Dubai), 171 Budget, 158 exploring, 160–162 The Apartment Lounge + Club, Bur Dubai, 41, 44 getting around, 158–159 136 accommodations, 60–67 layout of, 159 Aquariums restaurants, 79–85 nightlife, 169 Dubai, 106 walking tour, 98–101 restaurants, 166–168 Sharjah, 146 Burj Al Arab, 17 shopping, 168–169 Aquaventure, 106 Burj Khalifa, 17–18 traveling to, 158 Arabian Adventures, 36, 109 BurJuman Centre, 120 Abu Dhabi Classics, 25, 169 Arabian Automobile Association Business hours, 170 Abu Dhabi Cultural Foundation, (AAA), 170 Bus travel, 28–29 160 Archaeology Museum, Sharjah, Abu Dhabi, 159 Abu Dhabi Formula 1 Grand Prix, 146 Al Ain, 150 25 Architectural Heritage Society Sharjah, 144 Abu Dhabi International Airport, (Bastakiya), 16 27 Architecture, 15–18 Abu Dhabi Mall, 169 suggested itinerary, 53–55 C Academic trips and language Area codes, 170 Cable car, Creekside Park, 108 classes, 36 Abu Dhabi, 160 Cabs, 27, 28 Accessibility, 33 Sharjah, 144 Abu Dhabi, 159 Accommodations, 39–40, 59–77. -
FINANCIAL REPORT First Half of 2020
FINANCIAL REPORT First Half of 2020 1 Maroc 1 Telecom • Financial Report H1 2020 Preliminary remarks: This financial report and the condensed financial statements for the half year ended June 30th, 2020 were approved by the Management Board on July 16th, 2020, and reviewed by the Audit Committee at its meeting on July 17th, 2020. This report should be read in conjunction with the Management Board’s report for the year ended December 31, 2019 as published in Registration Document as filed with the Securities Regulator (AMF) on April 27, 2020 (“2019 universal registration document”). 2 Maroc 2 Telecom • Financial Report H1 2020 CONTENTS HIGHLIGHTS 1. CERTIFICATIONS 1.1 Person responsible for the interim report 7 1.2 Certification of the interim report 7 1.3 Persons responsible for the audit of the financial statements 7 2. H1 ACTIVITY REPORT 2.1 Description of activities 11 2.2 Related-party transactions 20 2.3 Growth outlook 23 3. FINANCIAL REPORT 3.1 Consolidated financial Data 25 3.2 Income statement and financial position 28 3.3 Consolidated financial statements and notes 32 3.4 Statutory financial statements 43 3 Maroc 3 Telecom • Financial Report H1 2020 Highlights January 2020 In Morocco, the ANRT decision on the referral from Wana on unbundling imposing financial penalty and injunctions. IAM complies with the terms of the decision within the deadlines. Maroc Telecom is launching the "All-in-One" *5 pass which adapts to customer use and habits and can be used to make domestic and international calls, send SMSs and connect to the Internet. -
United Arab Emirates (Dubai)
Proposal to host the Congress of the International Society for Photogrammetry and Remote Sensing (ISPRS) 2020 Dubai - U.A.E CONTENT • Letters of support 3 • Eligibility support 35 • Things we want you to know about Dubai 42 • Why Dubai for ISPRS 2020? 48 • Proponent information 51 • Getting here and getting around 64 • Where to meet 76 • Where to stay 86 • Social event venues 99 • Things to see and do 104 • Professional Congress Organizers 112 • Other stuff we want you to know 116 • What others say about us 121 • We are here to help you 123 ISPRS 2020 Dubai - U.A.E / 2 LETTERS OF SUPPORT LETTERS OF SUPPORT ISPRS 2020 Dubai - U.A.E / 4 LETTERS OF SUPPORT ISPRS 2020 Dubai - U.A.E / 5 LETTERS OF SUPPORT ISPRS 2020 Dubai - U.A.E / 6 LETTERS OF SUPPORT LETTER OF SUPPORT ISPRS 2020 Dubai - U.A.E / 7 LETTERS OF SUPPORT ISPRS 2020 Dubai - U.A.E / 8 LETTERS OF SUPPORT ISPRS 2020 Dubai - U.A.E / 9 LETTERS OF SUPPORT ISPRS 2020 Dubai - U.A.E / 10 LETTERS OF SUPPORT ISPRS 2020 Dubai - U.A.E / 11 LETTERS OF SUPPORT ISPRS 2020 Dubai - U.A.E / 12 LETTERS OF SUPPORT ISPRS 2020 Dubai - U.A.E / 13 LETTERS OF SUPPORT LETTER OF SUPPORT ISPRS 2020 Dubai - U.A.E / 14 LETTERS OF SUPPORT LETTER OF SUPPORT ISPRS 2020 Dubai - U.A.E / 15 LETTERS OF SUPPORT ISPRS 2020 Dubai - U.A.E / 16 LETTERS OF SUPPORT ISPRS 2020 Dubai - U.A.E / 17 LETTERS OF SUPPORT ISPRS 2020 Dubai - U.A.E / 18 LETTERS OF SUPPORT ISPRS 2020 Dubai - U.A.E / 19 LETTERS OF SUPPORT ISPRS 2020 Dubai - U.A.E / 20 LETTERS OF SUPPORT ISPRS 2020 Dubai - U.A.E / 21 LETTERS OF SUPPORT ISPRS 2020 Dubai