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25-04-14

UAE's Mobily profit up 4.5 percent in Q1

(MENAFN) Etihad Etisalat, or Mobily, posted a 4.5 percent rise in net profit in the first quarter of the current year, according to Khaleej Times. The company's net profit was estimated at USD373.3 million during the first three months of 2014 compared to USD357 million in the same quarter 2013. Analysts polled by Reuters had on average forecast Mobily would make a quarterly profit of USD405 billion.