Etisalat Group has reiterated its commitment to Mobily and the Saudi market and expressed confidence that Mobily would return to a growth path again soon.
SEOUL: As Japan slips into recession, South Korea is keeping an increasingly wary eye on its export rival’s free-falling currency, which is honing a lasting competitive edge over Korean products in a
The Ports Development Company, owner and developer of King Abdullah Port, has announced the handing over of the third berth at the King Abdullah Port to National Container Company.
NEW DELHI: India’s Finance Minister Arun Jaitley has promised to unveil a whole series of “second-generation” reforms to try to kickstart the stuttering economy.
HONG KONG: Pakistan has mandated four banks to arrange fixed income investor meetings starting Monday ahead of a potential issue of a US dollar-denominated Islamic bond, a document from lead managers
WASHINGTON: US manufacturer Corning said it was introducing a new, tougher version of its Gorilla Glass used by major smartphone makers in a bid to maintain dominance in the sector.
The board of directors of Mobily has suspended its CEO Khalid Omar Al-Kaf and put his deputy Serkan Okandan in temporary charge pending an investigation into accounting errors.
LONDON: The Royal Bank of Scotland has accepted that it got its sums wrong over the European Banking Authority stress tests last month.
Prince Saud bin Naif, governor of the Eastern Province, will patronize the sixth Saudi International Exhibition for Oil and Gas, starting in Dhahran on Monday.
TOKYO: Tokyo investors are likely to be cautious this week about a possible market downturn, analysts said, while political developments in Japan will be a focus ahead of an election next month.
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