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

Saudi GO Telecom signs deal to rebuild Syria's telecom sector

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

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 43.82 -0.16 (-0.37%)
ETIHADETISALAT 65.65 -0.35 (-0.54%)
ZAIN.KSA 11.04 -0.11 (-0.99%)
flynas launches "Saudi Experiences" to boost tourism, support communities

14/11/2025

flynas, a low-cost airline in the Middle East, announced the launch of the "Saudi Experiences" initiative. This is in collaboration with the Saudi Tourism Authority.

The announcement was mad

Trade Arabia

Adnoc Gas records Q3 net income of $1.3bn, up 8pc

14/11/2025

Adnoc Gas has announced its Q3 2025 results, achieving the highest third quarter net income in its history at $1.34 billion, an 8 per cent increase year-on-year.

Year-to-date net income reac

Trade Arabia

TAQA reports 9-month profit of $1.66bn

14/11/2025

Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities companies in Europe, the Middle East and Africa, today reported group revenues of AED42.7 billion ($11.63 bill

Trade Arabia

KIPCO reports a net profit of KD 13.4 m for first 9 months

14/11/2025

KIPCO - Kuwait Projects Company (Holding) - reported a net profit of KD 13.43 million for the first nine months of 2025, a 7.3 percent increase from the KD 12.52 million reported for the correspondin

Kuwait Times

Ahli Bank issues QAR 500 million bonds

14/11/2025

Ahli Bank (a Qatari public shareholding company) successfully issued QAR 500 million in debt securities to international and local investors through ABQ Finance limited company (a special-purpose com

QNA