27 Apr 2015
(MENAFN) Saudi Arabia’s listed telecommunication companies posted USD532.89 million profit in the first quarter of the year, marking a gigantic 44 percent slump, Arab News reported.
According to corporate fiscal reports, the listed companies registered USD959.2 billion profit in the corresponding period of 2014. Meanwhile, this year’s quarterly result is considered among the worst in the market’s history.
Particularly, the Saudi Telecom Company (STC) profits’ increased by 5 percent, reaching USD666.11 million in the first quarter. On the other hand, Etihad Etisalat (Mobily) recorded USD53.02 million losses in the first quarter.
24 May 2023
Empowering Success: BBK and BIBF honor 24 graduates of the BBK’s Women on Board Programme
16 Mar 2023
BBK partners with Four Seasons Private Residences Bahrain Bay to offer ownership financing for 112 waterfront homes.
01 Mar 2023
You could be the next lucky winner.. BBK: BD 1.9 million prizes from Al Hayrat this year