24 Jul 2011
(MENAFN) Saudi-based Mobily stated that it renewed its management agreement with its founder, Etisalat, for another five-year term, reported Bloomberg.
The original agreement, under which Mobily operates in Saudi Arabia, would expire in December this year.
The statement of Mobily also said that the two companies would create a committee to develop the business relationship between them to the benefit of customers and shareholders.
It is worth noting that Etisalat holds a 27.4 percent stake in Mobily which competes with state-run Saudi Telecom Company and Zain Saudi Arabia.
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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