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Market Chatter: UAE's e& Reportedly Mulls Offloading Non-core Businesses

MT Newswires·07/17/2026 03:21:41
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03:21 AM EDT, 07/17/2026 (MT Newswires) -- Emirates Telecommunications Group Co. (ADX:EAND), d/b/a e&, is exploring divesting its non-core businesses, including venture capital vehicle e& capital and peer-to-peer lending platform Beehive, Reuters reported Thursday, citing two people familiar with the matter. The Emirati telecommunications company reportedly plans to retain controlling stakes in European telecom operator e& PPF Telecom Group and other operators in emerging markets. The sources clarified that discussions were ongoing and no final decision had been reached. E& did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)