Abu Dhabi: Emirates Telecommunications Corporation,  the UAE's biggest phone company, posted a full-year profit of Dh8.84 billion, according to an e-mailed company statement on Sunday.

Etisalat posted Dh7.62 billion profit in 2008, excluding an Dh892 million income from the sale of shares in its Saudi unit Mobily.

"The comparative results for the financial year 2008 have been adjusted to comply with International Financial Reporting Standard that have been adopted for the first time in 2009 financial year," the statement said.