Telecom
For a total consideration of SAR 8.5 billion (EUR 2.1 billion).
As well as support the expansion of the existing Oracle Cloud Jeddah Region
Driven by the aspirations of PIF and stc's expansion, growth strategy
Company's net profit reached SAR3,109 mn
Interview with Khalid Al-Osaimi, Vice President of Wholesale Marketing, Mobily, Saudi Arabia
By providing digital infrastructure
Confirms its outstanding achievements in driving sustainability in region
Up 7.02 percent as compared to 2021
To invest in 9 advanced technological areas, including fintech, cybersecurity
A value of $12.3 billion, according to Brand Finance
One of the distinguished experts in the Kingdom’s banking sector
Sale will likely have limited immediate effects on stc’s financial metrics
Assets of Ooredoo's Abraaj estimated to be worth between $3 and $5 bn
In appreciation of its notable nationalization efforts
Funding directed to MENA-based tech investment firm STV
Offer valued at more than SAR 21 bn
Company will acquire 20% stake in GLI when financial completion achieved
