Saudi 'Atheeb' CEO: Profitability Achieved, Capital Increase Part of Transformation Strategy
The CEO of Saudi telecommunications company “Etihad Atheeb Telecommunications Co.” revealed that the company has shifted from losses to profitability due to five key factors, with the foremost being the development of local talent recruitment and a strategic transformation plan. Yahya bin Saleh Bin Mohsen Al Mansour said that debt settlement with creditors, re-establishing relationships with suppliers, and the return of the company’s stock to trading were instrumental in this turnaround.
Source: aawsat.com
