Mobily launches new postpaid packages

Mobily Chief Executive Officer Ahmed Aboudoma
Updated 05 March 2018

Mobily launches new postpaid packages

Etihad Etisalat (Mobily) has launched new postpaid packages that allow subscribers more options to use data and local minutes on-network and off-network.

The new postpaid packages are:

• Mobily Postpaid 100: 1,000 local minutes to all networks and 10 GB data
• Mobily Postpaid 200: 2,500 local minutes to all networks and 50 GB data
• Mobily Postpaid 300: 6,000 local minutes to all networks and 100 GB data
• Mobily Postpaid 600: Unlimited local minutes to all networks and unlimited data usage
Mobily Chief Executive Officer Ahmed Aboudoma said: “Mobily is the first of its kind in the Saudi telecom market to offer unlimited packages for local voice services on-network and off-network, as well as unlimited data in the new Mobily Postpaid 600 package which targets customers that have high usage in voice and data.”
“Mobily has been keen to introduce in its new packages on-network and off-network minutes in order to be the best option for its customers. Mobily’s existing customers, as well as customers of other operators, can subscribe to the new postpaid packages without having to change the number,” the CEO added.
The new postpaid packages are in line with the new regulations of the Kingdom’s telecom and IT sector, the company said.

Emirates NBD opens branch in Alkhobar

Updated 20 September 2018

Emirates NBD opens branch in Alkhobar

Emirates NBD, a banking group in the Middle East, has expanded its presence in the Kingdom with the opening of its first branch in Alkhobar in the Eastern Province. Emirates NBD now covers three key regions in Saudi Arabia with a presence in Riyadh, Jeddah and Alkhobar. 

As Saudi Arabia progresses plans for economic reform, in line with its Vision 2030, Emirates NBD’s presence builds on the growing economic and trade ties between Saudi Arabia and the UAE. Following the establishment of the Saudi-Emirati Coordination Council, the UAE and Saudi Arabia recently announced The Strategy of Resolve, a joint vision for economic development through 44 joint strategic projects within a five-year time frame. 

UAE-based Emirates NBD is the first non-Saudi bank with a significant branch network across the Kingdom. The bank offers retail, private, business and wholesale banking across its network of three full-fledged branches in the Kingdom, in addition to corporate finance advisory, project and syndicated finance through Emirates NBD Capital KSA, the bank’s investment banking arm.

Emirates NBD also operates in Egypt, India, Singapore, and the UK with representative offices in China and Indonesia. 

“Our presence in Saudi is integral to Emirates NBD’s growth strategy as we continue to explore opportunities in the GCC region’s largest and most dynamic economy,” said Hesham Abdulla Al-Qassim, vice chairman and managing director of Emirates NBD. 

“Saudi Arabia is in the midst of a landmark economic transformation and we look forward to continuing to support Saudi individuals and businesses looking for a trusted banking partner.” 

Emirates NBD recently renewed its partnership with the Kingdom’s Kafalah Program, which aims to promote financing to small and medium enterprises (SMEs) within the country.

Loai Abduljawad, CEO of Emirates NBD KSA, said: “Emirates NBD’s expanded network strengthens our offering to individuals and corporates in Saudi Arabia looking to invest and trade across the MENA region and beyond. Our superior value proposition, built on the bank’s unique ‘high tech + high touch’ philosophy of offering customers a modern banking experience complemented by personalized advisory services, will enable us to strengthen customer acquisition in the Kingdom as we continue to support the country’s long-term growth and development goals, as outlined in Saudi Vision 2030.” 

Emirates NBD is a leading banking group in the region. As of June 30, 2018, its total assets were 477.5 billion dirhams, ($130 billion). The group has a significant retail banking franchise in the UAE and is a key participant in the global digital banking industry, with over 90 percent of all financial transactions and requests conducted outside of its branches. The bank was declared the “Most Innovative Financial Services Organization of the Year” at the 2017 BAI Global Innovation Awards.