06 Aug 2012
(MENAFN) IBM has won a USD280 million contract from Saudi mobile operator Etihad Etisalat (Mobily) to outsource its information technology operations, Reuters reported.
The five-year contract will be self-financed and will lead to improvements in Mobily’s products as well as making the company more flexible, the company said.
Mobily, Saudi Arabia’s second largest mobile operator, reported a 22 percent rise in second-quarter profit to USD378.16 million.
Etisalat plans to up its 28 percent stake in Mobily, its CEO said last month, as the UAE firm concentrates on high growth, high population countries like 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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