Saudi focus on Vision 2030 program reaping rewards - Developing Telecoms
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Saudi Arabia - Telecoms, Mobile and Broadband
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RIYADH, Saudi Arabia, April 21, 2021 /PRNewswire/ In a major move towards realising its local and regional sustainability ambitions, Virgin Mobile Saudi Arabia has eliminated all single-use plastic from its operations across the Kingdom.
The achievement marks Virgin Mobile Saudi Arabia s local efforts in support of Virgin Group s wider aspirations to boost its sustainability credentials globally. These group-wide actions ultimately aim to help realise a number of the UN s Sustainable Development Goals as the company moves to reinforce its position as a responsible corporate citizen.
Commenting on the achievement, Yaarob Al-Sayegh, Chief Executive Officer at Virgin Mobile Saudi Arabia, said: As a digital trail-blazer, our focus has always been to make mobile better, not just through our services but also by driving positive social and environmental impact through everything we do. As we celebrate Earth Day, we want to highlight our success
Here are a few things you need to know as Saudi stocks start trading on Sunday.
1) Al-Babtain Power and Telecommunication Co.’s board of directors recommended a 10% cash dividend for the fiscal year 2020, at SAR 1 per share, amounting to SAR 42.63 million.
2) Raydan Food Co. submitted its request to increase capital through rights issue to the Capital Market Authority (CMA) on Dec. 30, 2020.
3) Bank Aljazira shareholders authorized the board of directors to distribute interim dividends, quarterly or semi-annually, for FY2021.
4) Abdullah Saad Mohammed Abo Moati for Bookstores Co. (Abo Moati) renewed a Shariah-compliant financing facility agreement with Saudi Investment Bank (SAIB) worth SAR 70 million.