01/07/2014 06:32 AST

Etihad Atheeb has sold land and property in Riyadh for SR160 million, the fixed line telecommunications operator said.

Atheeb, which uses the brand name Go, sold a building and two plots of land to an unidentified buyer, according to a company filing to Riyadh's bourse.

These assets had a book value of SR60 million, giving Atheeb a gain of SR100 million, which will be reflected in its first-quarter results, the statement said. Atheeb's financial year starts on April 1.

The company made a net loss of SR249 million in the 12 months to March 31.


Arab News

CMA approves Etihad Atheeb request to reduce its capital

25/01/2018

The CMA has issued its resolution approving Etihad Atheeb Telecommunication Company's request to reduce its capital from SAR (630,000,000) to SAR (472,500,000), thus reducing the number of shares fro

Tadawul

CMA suspended share trading of ATHEEB

25/09/2017

Etihad Atheeb Telecommunication Co. failed to commit to paragraph (A) of article (41) from Listing Rules which states that (An issuer must notify the Authority and the public without delay of any mat

Tadawul

GO and LG launch SmartTV awareness campaign in KSA

01/04/2015

Online TV entertainment in Saudi Arabia moves to the next level with an unprecedented campaign by GO, an online TV service by OSN, and LG, the world leader in consumer electronics.

GO and

Saudi Gazette

Ticker Price Volume
GOTELECOM 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 43.90 -0.70 (-1.57%)
ETIHADETISALAT 59.00 -1.30 (-2.16%)
ZAIN.KSA 10.68 0.02 (0.18%)
Doha Bank announces exclusive benefits for NRIs on Visa Platinum Debit Card

10/03/2025

Doha Bank introduced a suite of exclusive offers for NRIs on their Visa Platinum Debit Card, delivering exceptional value across travel, lifestyle, dining, and retail. These carefully curated benefit

The Peninsula

Saudi Awwal Banks becomes first bank in Saudi Arabia to win Sustainability Program Award 2024 at Capital Markets Forum

10/03/2025

Saudi Awwal Bank has been awarded the Sustainability Program of the Year 2024 at the Capital Markets Forum (CMF), organized by the Saudi Stock Exchange Group (Tadawul).

This achievement make

Saudi Gazette

Saudi Aramco cuts crude oil prices for Asia

10/03/2025

Saudi Aramco has lowered its crude oil prices for Asian buyers in April, marking the first reduction in three months. This price cut aligns with market expectations and follows the decision by OPEC+

Arab News

UDC enters Guinness World Records with three new global achievements on Gewan and The Pearl Islands

09/03/2025

United Development Company (UDC), the master developer of The Pearl and Gewan Islands, has continued its global track record of accomplishments by securing three new Guinness World Records. This rema

The Peninsula

Talabat Kuwait denies security breach, says data safe

07/03/2025

Talabat Kuwait has denied rumors of a security breach, assuring customers and partners that all personal and payment information remains fully secure.

In an official statement, Bader Al-Ghan

Trade Arabia