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Vincent Padois, head tutor at the Pierre and Marie Curie University who teaches robotics and is babysitting the Paris ICub, makes a demonstration with ICub robot, a ?hybrid embodied cognitive system for a humanoid robot" about 1 metre (3.2 feet) high, at the Pierre and Marie Curie University in Paris September 4, 2009. Six versions of ICub exist in laboratories across Europe, where scientists are painstakingly tweaking its electronic brain to make it capable of learning, just like a human child and hoping it will learn how to adapt its behaviour to changing circumstances, offering new insights into the development of human consciousness. REUTERS/Philippe Wojazer

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    Etisalat starts Egypt, Saudi roaming deal

    DUBAI
    Sun Jul 13, 2008 4:23am EDT

    Stocks

       

    DUBAI (Reuters) - Emirates Telecommunications Corp (ETEL.AD) (Etisalat) said on Sunday it would give subscribers special roaming rates in Egypt and Saudi Arabia in a move that could drive revenues of the largest publicly traded Arab telecom firm.

    Technology

    The new service will be available to Etisalat's UAE customers using the networks of Egyptian unit Etisalat Egypt and Saudi affiliate Etihad Etisalat 7020.SE (Mobily), Etisalat said in a statement.

    Etisalat Chief Executive Mohammed al-Qamzi has said the firm wanted to boost revenues by offering special cross rates to subscribers in different countries.

    Many Egyptian expatriates, for instance, work in the booming Gulf Arab states, including Saudi Arabia, the largest Arab economy.

    Like other telecom firms in the world's biggest oil-exporting region, Etisalat has been expanding outside of its home market, buoyed by an economic boom fuelled by a more than seven-fold rise in oil prices since 2002.

    The firm posted a record profit of 2.12 billion dirhams ($577.3 million) in the first quarter and is expected to make 2.5 billion dirhams in the second quarter, according to the average forecast of analysts in a Reuters net profit survey last month. ID:nL29553371

    (Reporting by Ola Galal; Editing by Daliah Merzaban)
    Technology


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