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Mobily in deal to sponsor 2023 Core Diriyah E-Prix

Etihad Etisalat (Mobily) has signed an agreement to sponsor the ABB FIA Formula E World Championship season nine of the 2023 Core Diriyah E-Prix, taking place from January 27 to 28.

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Mobily joins the new cable system consortium Africa-1

Etihad Etisalat (Mobily) has joined the new Africa-1 cable system consortium, strengthening Saudi Arabia’s connectivity with various locations across the Middle East, Africa, and Europe.

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E& can absorb Dh7.78 billion offer for additional stake in Mobily

The additional stake will add 20 to 25 per cent to e&’s revenues, taking consolidated pro forma revenue of close to Dh68 billion which will place the company well ah.

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TASI crosses 11,800 point mark in early trade

The Tadawul All Share Index, TASI, rose by 0.4 percent to surge past the 11,800 point level in early trade today. Turnover reached SR1.6 billion ($430m) during the period. Al Rajhi Bank rose more than 1 percent. Etihad Etisalat (Mobily) gained 2 percent to SR30.85 in a boost to the stock after it reported net profit after Zakat and tax of SR751 million for the first nine

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