04/03/2018 07:06 AST

Etihad Etisalat (Mobily), a leading telecom services operator in Saudi Arabia, has signed an agreement with Nokia Company to launch 5G tests for the first time in the kingdom.

The duo is collaborating in a strategic vision to develop 5G towards the next generation of advanced bandwidth network.

The MoU includes introducing new technologies in Mobily network like; 4.5G LET, and 4.9G, 5G, transport modernization for both optic and IP, fixed wireless access technologies including FastMile and wireless PON, said Ahmed Aboudoma, Mobily CEO, after signing the deal with Ashish Chowdhary, Chief Customer Operations Officer at Nokia, recently in Barcelona.

"We are working in Mobily to achieve one of the pillars of the Saudi Vision, in which the kingdom is seeking to increase high speed internet coverage in different regions of the country and enhance the quality of connection," he noted.

"In order to achieve this goal, we are currently working on signing a MoU with Nokia and other enterprises that has a track record in launching new technologies over Telecom Towers," he added.

This MoU comes as a contribution from Mobily to achieve one of most important goals of Kingdom Vision 2030, which focuses on setting up Kingdom technologies to be prepared for any new technical updates in the international Telecom industry.-


Trade Arabia

Mobily is a strategic partner for national awareness campaign

26/03/2018

PRINCE Abdullah Bin Bandar, acting Emir of Makkah Province, and Eng. Maziad Alharbi, chief technology officer of Mobily, signed a strategic partnership agreement at the headquarters of the governorat

Saudi Gazette

Mobily is racing to a smarter future in partnership with Ericsson

21/03/2018

ETIHAD Etisalat ‘Mobily’ in cooperation with Ericsson are preparing an IoT world program to be the first of its kind in the Kingdom that aims to create an interactive platform between university stud

Saudi Gazette

Saudi regulator fines ex-Mobily chairman for insider trading

28/02/2018

Saudi Arabia’s market regulator fined the former chairman of the kingdom’s second-biggest telecom company for insider trading and ordered his investment firm to pay $75 million.

Abdul Aziz

Gulf News

Ticker Price Volume
SABIC 114.77 5,915,941
TAHSSILAT 25.00 4,010
EEC Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
STC 83.41 2.09 (2.57%)
ZAIN.TASI 7.28 0.00 (0.00%)
ATHEEB 6.05 -0.03 (-0.50%)
SABIC-MCC joint venture starts output

05/04/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula

Doha Bank’s third Indian branch opens today

04/04/2018

Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o

The Peninsula

SHUAA to act as liquidity provider to Bank of Sharjah

04/04/2018

Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than

Gulf News