Emirati Telco e& Notes Ministry of Finance's Federal Royalty Scheme Extension

11:31 PM EDT, 07/26/2026 (MT Newswires) -- Emirates Telecommunications Group (ADX:EAND), d/b/a e&, received a notice from the Ministry of Finance for the extension of the federal royalty scheme and corporate tax law for three years. The extended scheme is valid from Jan. 1, 2027, to Dec. 31, 2029, and entails a federal royalty rate of 38% and a corporate tax rate of 9% after deducting the federal royalty amount, both applicable on net profits generated in the United Arab Emirates, according to a July 24 filing. The Abu Dhabi-listed telecommunications company noted that the amounts will be payable within five months following the end of the fiscal year.