PIF and stc Group strike deal to create region’s premier telecom tower company

RIYADH: Saudi Arabia’s food security drive is set to receive a boost as Tabuk Agricultural Development Co., also known as Tadco, signs an agreement to construct high-tech greenhouses.   In a statement released on the Saudi Stock Exchange, Tadawul, the company outlined the signing of a memorandum of understanding with the Saudi Greenhouses Management and Agri … Read more

Saudi Mobily fastest growing firm in Middle East telecom sector in 2024: Brand Finance

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Wednesday, gaining 22.44 points, or 0.18 percent, to close at 12,607.98.  The total trading turnover of the benchmark index was SR7.35 billion ($1.96 billion) as 155 stocks advanced, while 62 retreated.   Similarly, the MSCI Tadawul Index increased by 1.57 points, or 0.10 percent, to close at … Read more

Telecom Egypt and Zain Omantel International partner to establish new digital corridor 

RIYADH: Digital users from the Indian Ocean to Europe can soon expect enhanced reliability, resilience, and data protection, thanks to a new corridor established by Zain Omantel International. The company has collaborated with Telecom Egypt to establish the new route design, which will connect the Mediterranean Sea with the Arabian Sea and Arabian Gulf, according … Read more

Saudi Arabia’s telecom operators improve download speed for games by 38%: report

RIYADH: Saudi Arabia has seen a noticeable increase in the participation rate of nationals in the private sector, statistics recently published by the Human Resources and Social Development System showed. The participation rate of Saudis in the private sector increased from 1.7 million in 2019 to 2.3 million this year, including more than 360,000 who … Read more