Du, also known as Emirates Integrated Telecommunications Company (EITC), has received licences from the UAE Central Bank to offer digital financial services. This move positions Du at the forefront of the fintech sector, supporting the UAE’s vision for innovation and financial inclusion, and enabling the company to provide secure, customer-centric financial solutions.
du has launched educational initiatives, including a Robotics Workshop and the “Skillpreneurship” program, to enhance technological skills and innovation among the youth in the UAE. These programs, organized by the du Youth Council, aim to empower young people through hands-on learning and entrepreneurial opportunities, aligning with du’s commitment to digital transformation and youth empowerment.
Du, in collaboration with Nokia and MediaTek, achieved a 70% boost in uplink performance on its 5G Advanced network in the MEA region. This trial, a first in the region, utilized advanced 5G technologies to enhance connectivity and indoor coverage, supporting high-demand applications like video conferencing and live streaming.
UAE telecommunications company du has partnered with STL, an optical and digital solutions provider, to expand fibre-dense mobile and FTTH networks. This collaboration will enhance network performance and deployment efficiency. The UAE continues to lead globally in FTTH penetration, achieving a 99.3% rate, according to the latest FTTH Council report.
Dubai’s du and HPE have partnered with the Commercial Bank of Dubai (CBD) to implement HPE GreenLake, enhancing CBD’s hybrid cloud capabilities. Hosted in du’s Tier III data centres, this solution aims to improve IT efficiency, security, and customer experience while supporting CBD’s five-year strategic digital transformation plan.
du reported a strong first quarter in 2024, with revenues rising to AED 3.58 billion and net profit up by 62.7% to AED 603 million, driven by significant EBITDA growth. The telecom giant also launched “du Pay,” advancing UAE’s digital and financial inclusion, and continued investing in 5G and fiber infrastructure.
du has partnered with the Dubai Health Authority to transform the latter’s digital infrastructure into a cutting-edge cloud-based system, aiming to enhance efficiency and digital service delivery within Dubai’s healthcare sector.
