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Market Chatter: UAE's e& Reportedly Mulls Offloading Non-core Businesses
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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.)
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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