GulfBase Live Support
01/12/2015 06:09 AST
Etihad Etisalat's data subsidiary, Bayanat has signed wholesale agreements with three different Retail Service Providers to serve the community in Yanbu through Open Access Network.
FTTH Mobily, Sahara Net and Shabakah Net are going to provide smart city services for the residential and industrial areas at Yanbu industrial city. The signing ceremony for these agreements was held in the presence of the Chief Executive Officer of Royal commission for Jubail & Yanbu Dr. Alaa Bin Abdullah Nassif; also in attendance were Dr. Akil Al Akil, general manger of Bayanat company and Omar Al Rasheed, executive general manger for the Mega projects in Mobily.
Dr. Nassif said that the agreement would help provide Internet services for 1,500 housing units in Yanbu industrial city; it will also provide modern digital environment conducive to creativity, learning and provision of improved health services ensuring sustainable environment for the residents of the industrial city.
He added that the Royal Commission in Yanbu is seeking to convert the industrial city of Yanbu to Smart City by upgrading the basic infrastructure of the city; this is being accomplished by building a 3000 km long fiber network utilizing state of the art international equipment, with capacity to accommodate future expansion of the residential area, heavy and light industries area and various businesses. In addition to this, two fully equipped data centers are being established - equipped with latest hardware and software to provide secure host services to businesses in the vicinity at competitive rates.
Dr. Akil expressed satisfaction on the ability of Bayanat to complete and deliver the project and maintaining optimal quality standards. He termed Bayanat a strategic partner to the Kingdom in general and Royal Commission of Yanbu in particular for development and implementation of Smart Cities, which will lead to significant socioeconomic development in the Kingdom.
Bayanat team has already completed and announced the rollout and implementation of the network infrastructure based on the Strategic Partnership Agreement with the Royal Commission, based on build-operate-transfer (BOT) model. The purpose is to enable other Retail Service Providers to utilize the robust platform developed by Bayanat team for provision of necessary services to the customers in Yanbu area. This marks first implementation of such fair and just model for all Retail and Internet Service Providers through Open Access Network in the Kingdom.
Saudi Gazette
10/01/2016
Yearly net profit of Yanbu Cement reported SAR 806 million during 2015 showed an increase of 0.5 percent in comparison with SAR 802 million for the last year 2014.
EPS of Yanbu Cement dur
GulfBase.com
07/04/2015
Saudi Arabia's Yanbu Cement Company said today its first-quarter profit rose marginally.
Yanbu Cement made a net profit of 207 million riyals in the three months to March 31, up from 205
GulfBase.com
21/10/2014
Yanbu Cement has registered a net profit of SR 163 million in the third quarter 2014 compared to a net profit of SR 140 million in the same period last year, reflecting an increase of 16.43 per cent.
GulfBase.com
Ticker | Price | Volume |
---|
Ticker | Price | Change |
---|---|---|
MAADEN | 53.10 | 1.70 (3.30 |
SABIC | 59.10 | -0.20 (-0.34 |
SABICAGRINUTRIENTS | 96.70 | -0.90 (-0.93 |
MARBLEDESIGN | 65.80 | -1.20 (-1.80 |
APICO | 57.50 | 0.00 (0.00 |
20/05/2025
Gulf Pharmaceutical Industries (Julphar) plans to invest Dh300 million over the next five years to expand its manufacturing base and localise advanced pharmaceutical technologies, CEO Basel Ziyadeh c
Gulfnews
20/05/2025
The Reserve Bank of India (RBI) has given an in-principle approval to UAE's Emirates NBD Bank PJSC to set up a wholly owned subsidiary (WOS) in India.
Emirates NBD is currently conducting co
Gulfnews
20/05/2025
Investcorp, a leading global alternative investment firm, on Monday announced that its infrastructure platform has signed a cooperation agreement to invest in a $550 million infrastructure project in
Khaleej Times
20/05/2025
Saudi-based Acwa Power, the world's largest private water desalination company, and a leader in energy transition and first mover into green hydrogen, has announced the signing of MoUs with US compan
Trade Arabia
20/05/2025
NMDC LTS, a business vertical of NMDC Group, a global leader in engineering, procurement, construction (EPC), and marine dredging services, has announced the signing of an MoU to explore the establis
Trade Arabia