Mobile Telecommunication News Today

Dublin, Aug. 10, 2023 (GLOBE NEWSWIRE) -- The "2023 Mobile Plan and Pricing Dataset - United Kingdom" database has been added to ...

RIYADH: Profits of Zain KSA, formally known as Mobile Telecommunication Co. Saudi Arabia, reached a record high of SR550 million ($146.7 million) in 2022. The telecom operator’s profit surged 157 percent from SR214 million in the same period a year earlier on the back of higher revenue, according to a filing to the Saudi Exchange. Its revenue rose from SR7.9 billion in 2021 to

RIYADH: Saudi Arabia’s Tadawul All Share Index on Tuesday gained 25.36 points — or 0.24 percent — to close at 10,051.78, led by healthy buying in the telecom sector. While MSCI Tadawul 30 Index increased 0.31 percent to 1,428.40, the parallel market Nomu closed slightly lower at 18,868.33. TASI’s total trading turnover of the benchmark index was SR4.58 billion ($1.22 billion)

RIYADH: Saudi Arabia’s Tadawul All Share Index rose 89.56 points — or 0.84 percent — on Thursday to close at 10,051.78, led by sustained buying in all large-cap stocks. The Banking Index moved up 1.63 points to 10,714.58, led by about a 3 to 3.5 percent increase in the share prices of Banque Saudi Fransi, Saudi British Bank, Alinma Bank and Arab National Bank. TASI’s total

RIYADH: Saudi Arabia’s Tadawul All Share Index on Tuesday lost 101.24 points — or 0.98 percent — to close at 10,269.73, extending Monday’s 122 points crash. While MSCI Tadawul 30 Index fell 1.17 percent to 1,401.04, the parallel market Nomu declined 1.40 percent to 19,017.37. TASI’s total trading turnover of the benchmark index was SR3.36 billion ($900 million) as 52 stocks of

RIYADH: Saudi Arabia’s Tadawul All Share Index gained 38.22 points — or 0.37 percent — on Wednesday to close at 10,507.72. While MSCI Tadawul 30 Index edged up 0.21 percent to 1,439.54, the parallel market Nomu closed 0.76 percent higher to 19,212.09. TASI’s total trading turnover of the benchmark index was SR3.41 billion ($910 million), with 99 stocks of the listed 224

RIYADH: Saudi Arabia’s Tadawul All Share Index marked a pronounced recovery as it rose 110.27 points — or 1.05 percent — on Monday to close at 10,647.18 following the surge in oil prices encouraged by top importer China’s move to reopen its borders. Brent crude LCOc1 was up $2.29, or 2.9 percent, at $80.86 a barrel by 1:50 p.m. Riyadh time, while US West Texas Intermediate

The NCDMB has urged the youths to avail themselves the opportunity provided by the Information Community Technology (ICT)

RIYADH: Saudi Arabia’s stock market closed the previous week at one of its lowest levels in years on the back of rising recession fears. TASI, the main index, ended Thursday’s session 1.1 percent lower at 11,163 points, after closing at 11,417 prior to the Eid Al-Adha holiday. Elsewhere in the Gulf, Abu Dhabi, Dubai, and Oman advanced by 0.9, 1.3 and 0.7 percent, respectively,

RIYADH: Shares of Zain KSA, formally known as Mobile Telecommunication Co. Saudi Arabia, went up on Sunday after the Saudi telecom operator reported that its profit more than doubled to SR214 million ($57 million) in the first half of 2022. The share price increased 2.33 percent to SR11.4 by 11:57 a.m. Saudi time, amid trading of nearly 1.4 million shares. The company’s profit