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Last Updated: Fri, Nov 28 2014 | 8:04 AM |
Zain Saudi proposes 45% capital reduction to shareholders
Banking & Finance»

Zain Saudi proposes 45% capital reduction to shareholders

Friday, 28 November 2014 9:38 AM

Telecoms operator seeks approval to eliminate all accumulated losses up to September 30

Virgin Mobile switches on new telco services in Saudi Arabia
Technology»

Virgin Mobile switches on new telco services in Saudi Arabia

Friday, 28 November 2014 1:03 AM

Company's chief executive says it will bring simplest and most transparent prepaid, postpaid packages to the kingdom

1
Saudi's Mobily suspends CEO after earnings debacle
Technology»

Saudi's Mobily suspends CEO after earnings debacle

Sunday, 23 November 2014 11:06 AM

Mobily had to restate 18 months of previously-announced earnings, wiping out $381 million of prior profits

3
Saudi's Mobily hits 32-mth low after news of accounting errors
Technology»

Saudi's Mobily hits 32-mth low after news of accounting errors

Sunday, 9 November 2014 2:35 PM

Telco scrapped its Q3 dividend following its shock restatement of 18 months of earnings last week

UAE's Etisalat stands by Saudi affiliate over accounting errors
Technology»

UAE's Etisalat stands by Saudi affiliate over accounting errors

Thursday, 6 November 2014 12:18 PM

Kingdom's bourse regulator has launched an investigation into Mobily after profit announcement earlier this week

2
UAE's Etisalat says profit cut by $44m due to Mobily debacle
Banking & Finance»

UAE's Etisalat says profit cut by $44m due to Mobily debacle

Wednesday, 5 November 2014 2:49 PM

Telco says it will take a $44m hit because of decision by Saudi affiliate to restate 18 months of earnings

Saudi regulator starts probe into Mobily earnings revision
Technology»

Saudi regulator starts probe into Mobily earnings revision

Monday, 3 November 2014 1:25 PM

Market watchdog investigates whether Saudi telco violated bourse rules after restating 18 months of earnings

Saudi's Mobily asks for temporary suspension of shares
Markets»

Saudi's Mobily asks for temporary suspension of shares

Thursday, 30 October 2014 2:57 PM

Telecom operator says its audit committee is considering 'significant matters relating to its financial statements'

Zain Saudi narrows Q3 net loss as internet usage rises
Technology»

Zain Saudi narrows Q3 net loss as internet usage rises

Tuesday, 28 October 2014 1:37 PM

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

Saudi gov't said to regulate video-sharing sites
Culture & Society»

Saudi gov't said to regulate video-sharing sites

Tuesday, 28 October 2014 1:36 PM

Expert also says authorities still considering the establishment of cinema in Saudi Arabia

Saudi Telecom beats estimates with flat third-quarter profit
Technology»

Saudi Telecom beats estimates with flat third-quarter profit

Monday, 27 October 2014 7:33 PM

Gulf's No 1 telecom operator says it made net profit of nearly $900m in three months to Sept 30

Power and profits
Transport»

Power and profits

Sunday, 26 October 2014 9:21 AM

The most influential members of the Gulf’s largest expatriate community

Transport»

InPicture: The GCC’s 100 Most Powerful Indians 2014

Sunday, 26 October 2014 9:21 AM

We present the most influential men and women of Indian origin who are making a difference in the GCC’s business and industry today.

1
Indian power means UAE power
Transport»

Indian power means UAE power

Sunday, 26 October 2014 9:19 AM

We present the most influential men and women of Indian origin who are making a difference in the UAE’s business and industry today.

1
Saudi’s Grand Mufti says Twitter is a source of lies, evil
Culture & Society»

Saudi’s Grand Mufti says Twitter is a source of lies, evil

Wednesday, 22 October 2014 11:38 AM

Country’s highest religious authority conceded it could be beneficial if used properly


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