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Last Updated: Fri, Jul 31 2015 | 5:05 AM |
Saudi royal invests in private jets smartphone app
Banking & Finance»

Saudi royal invests in private jets smartphone app

Friday, 31 July 2015 9:05 AM

Prince Abdullah bin Bandar bin Abdullaziz Al Saud backs JetSmarter which aims to make private jets more accessible to travellers

Saudi's Mobily restates profits over last 27 months, cutting $470m
Banking & Finance»

Saudi's Mobily restates profits over last 27 months, cutting $470m

Thursday, 30 July 2015 7:28 PM

Troubled telecom operator slashes total profits in latest attempt to resolve accounting scandal

Rising costs hit Q2 net profit of Gulf's largest telco
Technology»

Rising costs hit Q2 net profit of Gulf's largest telco

Wednesday, 29 July 2015 6:34 PM

Saudi Telecom Co posts 8.7% decline in second-quarter profit, misses analyst estimates

Zain Saudi says Q2 losses narrow on better performance
Technology»

Zain Saudi says Q2 losses narrow on better performance

Wednesday, 15 July 2015 2:06 PM

Telecom operator has yet to make a quarterly profit since launching services in 2008

Sanabil inks deal to invest in Virgin Mobile Saudi Arabia
Banking & Finance»

Sanabil inks deal to invest in Virgin Mobile Saudi Arabia

Friday, 10 July 2015 2:07 AM

Saudi investment firm says it has acquired minority stake in mobile virtual network operator

Mobily return to profitability difficult to judge, says chairman
Technology»

Mobily return to profitability difficult to judge, says chairman

Wednesday, 8 July 2015 1:54 PM

Saudi telecom firm has been rocked by accountancy issues which have forced it to restate financial statements

UAE's Etisalat says Mobily troubles set to hurt results
Banking & Finance»

UAE's Etisalat says Mobily troubles set to hurt results

Sunday, 28 June 2015 2:00 PM

Telco says its own 2014 result could take $167m hit due to problems of Saudi's Mobily which is 28% owned by Etisalat

Saudi's Mobily to reissue 2014 results, with losses increasing by $221m
Technology»

Saudi's Mobily to reissue 2014 results, with losses increasing by $221m

Sunday, 28 June 2015 10:30 AM

Move, as a result of a gov't probe, will also see Q1 2015 results amended, moving to a profit for the quarter

Alwaleed backs Dorsey to become Twitter CEO
Technology»

Alwaleed backs Dorsey to become Twitter CEO

Monday, 15 June 2015 2:45 PM

Chief executive Dick Costolo abruptly announced he was stepping down effective July 1

Jack Dorsey should not be made permanent boss of Twitter, says Alwaleed
Technology»

Jack Dorsey should not be made permanent boss of Twitter, says Alwaleed

Monday, 15 June 2015 9:54 AM

Saudi billionaire first invested in the social media platform in 2011, paying $300m for his stake

Saudi regulator suspends trading in Mobily shares from Tuesday
Markets»

Saudi regulator suspends trading in Mobily shares from Tuesday

Monday, 8 June 2015 5:57 PM

Capital Market Authority says it will halt trading until it gets a response from the disgraced telecom operator

Saudi's Kingdom Holding 'has no plans' to invest in Snapchat
Banking & Finance»

Saudi's Kingdom Holding 'has no plans' to invest in Snapchat

Thursday, 28 May 2015 3:42 PM

Source says Prince Alwaleed's investment vehicle is unlikely to invest despite holding talks in March

Saudi regulator said to seek prosecution of 9 Mobily execs
Banking & Finance»

Saudi regulator said to seek prosecution of 9 Mobily execs

Thursday, 21 May 2015 6:53 PM

Capital Market Authority reportedly recommends action against current and former officials at troubled Saudi telco

The turnaround king: Zain's Sheikh Farhan
Technology»

The turnaround king: Zain's Sheikh Farhan

Friday, 15 May 2015 9:03 AM

Vicious competition and a saturated marketplace have made life tough for Saudi Arabia’s third mobile operator, Zain KSA. But the appointment last year of one of the kingdom’s top telecoms figures, Sheikh Farhan Al Faisal Al Jarbaa, has helped the firm turn its fortunes around

Comparison website launches operations in Saudi Arabia
Retail»

Comparison website launches operations in Saudi Arabia

Friday, 15 May 2015 8:54 AM

Compareit4me group says Amwalak.com aims to bridge gap between users and banks in Gulf kingdom


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