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SAUDI TELECOM NEWS
Why Indian investors are looking at space economy ETFs ahead of SpaceX IPO: Subho Moulik of Appreciate decodesIndian investors are eyeing the global space economy ahead of the SpaceX IPO. With no pure-play listed space companies in India, global ETF...
Huawei seeks AI chip deals in Middle East, Southeast Asia: ReportThe Chinese telecom giant has reached out to potential customers in the United Arab Emirates, Saudi Arabia and Thailand about purchasing it...
Saudi Telecom board proposes $8 billion capital increaseThe capital increase would involve issuing 30 billion new shares, representing a capital increase of 150%, with shareholders offered 1.5 ne...
Major Gulf stock markets gain on vaccine optimism; Saudi Arabia shares easeDubai's main share index advanced more than a percent, with the emirate's largest lender Emirates NBD adding 1.5%, while real estate firm E...
Most mid east markets retreat on lower oil prices, but post weekly gainsOver the past two weeks, financial markets globally were spurred by two U.S. drugmakers, Pfizer and Moderna Inc , releasing encouraging new...
Saudi Arabia, Dubai shares gain; Abu Dhabi declinesOil prices, a crucial factor for the region's economies, firmed as hopes that producer group OPEC and its allies will delay a planned incre...
Most Gulf markets retreat; Dubai leads declinesSaudi Arabia's benchmark index lost about 0.3%, with lender Al-Rajhi and oil behemoth Aramco shedding 0.4% and 0.3%, respectively. Elsewher...
Saudi Arabia’s PIF set to pick up 2.33% stake in RIL’s Jio for $1.5 billion: ReportIf PIF comes on board, Jio Platforms will have diluted 25 per cent of its equity.
Saudi, American firms eye stakes in Reliance's JioThree deals in three weeks injected a combined $8 billion in the group and help it pare its debt.
BPCL, Concor sale to bring $15-20 bn to fisc: Saurabh MukherjeaFinance Minister Nirmala Sitharaman is doing a stellar job under difficult circumstances.
- Saudis hold breath on BlackBerry ban
Hundreds of thousands of BlackBerry users were on Monday awaiting a decision by the Saudi regulator on banning the handset's messenger serv...
- Bahrain says no plans to ban BlackBerry services
Bahrain's said it has no plans to ban some BlackBerry services because security fears do not outweigh the technological benefits.
- Saudi regulator delays BlackBerry ban to test 'solutions'
Saudi's telecoms regulator has postponed a ban on BlackBerry until Monday so that suggested solutions to the kingdom's security concerns of...
- Saudi says agreement close on BlackBerry services
Negotiations between Saudi Arabia and the Canadian maker of BlackBerry telephones are going well and an agreement is imminent.
- BlackBerry services back online in Saudi despite ban
BlackBerry users in Saudi Arabia say their messaging services went down only briefly on Friday despite a ban, as Arab states battle between...
After Blackberry stalemate, govt puts information monitoring onus on telcosIn a new twist to the BlackBerry controversy, the government on Wednesday said the onus of giving access to security agencies to monitor th...
- UAE decision to ban BlackBerry services 'final'
The United Arab Emirates said on Wednesday that a decision to cut some BlackBerry smartphone services was final.
- Saudi Telecom signs 5-year deal with Man United
Manchester United has signed a lucrative sponsorship deal with Saudi Telecom.
- Saudi Telecom on a bidding spree
Saudi Telecom (STC) announced Saturday it will bid to acquire 26 percent of Kuwait's third mobile company, which is expected to start opera...
- Reliance Comm to invest $60 mn in Saudi Arabia
Reliance Communications will invest $60 million in Saudi Arabia to connect the Kingdom and other Gulf states with 53 countries around the g...