Prime Emirates Daily Morning News 29-Dec-09

Published December 29th, 2009 - 02:00 GMT
Etisalat (ETEL.AD) has become embroiled in a USD1 billion payment dispute with the
Pakistan government over its 2006 purchase of a stake in Pakistan Telecommunication Corporation
(PTCL). Etisalat has withheld payments for more than a year because of a dispute
over the ownership of several properties in Pakistan that were part of the deal.
The value of Drake & Scull International’s (DSI.DU) acquisition of 75% of Drake &
Scull International for Electrical Contracting in Kuwait is AED80.5 million.

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