Telecompaper notes that UAE-based operator Etisalat reported a net profit of AED4.593 billion (US$1.25 billion) for the first half of this year compared with AED5.045 billion in the first half of 2008, which included profit on sale of shares in Mobily of AED892 million. Etisalat recorded net revenues of AED14.744 billion for the first half, growing by 10 percent, compared with AED13.408 billion in the first half of 2008.