Please wait...
GulfBase Live Support
- Gold hits one-week high
- Bahrain All Share Index marks 2,065.29 points
- BIBF, Aljazira Bank sign strategic MoU to develop Saudi banking talent
- Ajman Bank completes core banking system upgrade as part of ongoing technology transformation
- Oman establishes global financial centre to drive economic diversification
- Saudi Arabia announces mining surprises beyond traditional belts, adding to estimated $2.4tn in mineral wealth
- Closing Bell: Saudi main index closes in red; Nomu gains
- Elon Musk's xAI raises $20 billion in Nvidia-backed funding round
- UAE, Kuwait and Egypt extend non-oil growth in December: PMI surveys
- Saudi NDMC completes 1st international dollar bond issuance of 2026
25/01/2018 19:42 AST
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 from (63,000,000) shares to (47,250,000) shares. This approval is conditional on the Company's extraordinary general assembly approval and completion of the necessary procedures in relation to the applicable regulations.
The Company will publish a disclosure document to its shareholders related to the proposed method of capital reduction and the expected effect of such reduction within sufficient time prior to the Extraordinary General Assembly Meeting to enable shareholders to vote on the capital decrease.
The CMA's approval of a particular company's application to reduce its capital should never be viewed as an endorsement of the feasibility of the capital decrease. The CMA's approval of a company's application to reduce its capital merely means that the regulatory requirements as per the Capital Market Law and its Implementing Regulations have been met.
Tadawul
02/06/2025
Saudi Arabia's GO Telecom has signed an agreement with the Syrian government to help modernize the country's digital infrastructure, marking one of the first major private sector initiatives followin
Arab News
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
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 |
|---|
| Ticker | Price | Change |
|---|---|---|
| STC | 42.32 | 0.00 (0.00 |
| ETIHADETISALAT | 66.30 | 1.85 (2.87 |
| ZAIN.KSA | 10.78 | 0.13 (1.22 |
07/01/2026
The Bahrain Institute of Banking and Finance (BIBF) and Aljazira Bank have signed a strategic partnership aimed at developing professional competencies and enhancing capabilities, as part of the Bank
BNA
07/01/2026
Ajman Bank has successfully completed a planned upgrade of its core banking system, reinforcing the Bank's long-term focus on operational resilience, platform stability, and disciplined digital trans
Khaleej Times
07/01/2026
In a new sporting achievement, the Gulf Bank football team has qualified for the final of the annual Kuwait Banking Association Championship, where it will face Boubyan Bank in the final match to be
Kuwait Times
07/01/2026
Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, has delivered a historic production record of 1,623,139 metric tonnes in 2025 (versus 1,622,261 metric tonnes in 2024), ex
Trade Arabia
07/01/2026
Trinasolar, a global leader in smart PV and energy storage solutions, is accelerating its presence in Saudi Arabia through strategic collaborations with ACWA Power, the world's largest private water
Trade Arabia
Financial Information Co.
Saudi Arabia