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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 | 44.62 | 0.08 (0.17 |
| ETIHADETISALAT | 65.75 | -0.35 (-0.53 |
| ZAIN.KSA | 11.40 | 0.11 (0.97 |
13/10/2025
Adnoc Drilling is riding a wave of investor optimism following the recent Adnoc Investor Majlis, held last Wednesday in Abu Dhabi. The event, which brought together global and regional investors, ana
Khaleej Times
13/10/2025
A green hydrogen and ammonia project is set to take shape in the Kingdom after Saudi Arabia Refineries Co. signed a non-binding memorandum of understanding with UAE-based Go Energy.
The dea
Arab News
10/10/2025
As part of its continuous preparations for the highly anticipated Gulf Bank 642 Marathon, scheduled to take place on November 29, Gulf Bank has proudly announced the launch of the second edition of t
Kuwait Times
10/10/2025
The Saudi Water Partnership Company (SWPC) has announced that Alkhorayef Water and Power Technologies, a leading player in the kingdom's utility sector, has emerged as the preferred bidder for the Sm
Trade Arabia
10/10/2025
Saudi Aramco completed the acquisition of an additional 22.5 percent stake in Rabigh Refining and Petrochemical Co., known as Petro Rabigh, from Japan's Sumitomo Chemical Corp. for $702 million.
Arab News
Financial Information Co.
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