Friday, April 17, 2026

Saudi Telecom

Saudi Telecom approves sale of 51% of Tawaal for 8.7 billion riyals

The total value of “Tawwal” was determined at SAR 21.94 billion, based on excluding cash and debt balances. I announced Saudi Telecom Company(STC), in a disclosure on Saudi Stock Exchange website Today, Thursday, the Ordinary General Assembly approved the acquisition...

Saudi Telecom halts talks to buy Altice’s Portugal business

Saudi Telecom Company (STC) has offered 8 billion euros ($8.66 billion) to buy the Portuguese subsidiary of Altice. The electronic economic newspaper “Echo” reported that the Saudi Telecom Company “STC“And prominent telecoms businessman Patrick Drahi have halted exclusive talks about...

Saudi Telecom is considering buying United Group for $8.7 billion

The potential Saudi Telecom Group (STC) deal may be worth about eight billion euros ($8.7 billion), including debt. Quoted Reuters "According to three informed sources, the Saudi Telecom Group (STC) is in the early stage of considering a possible bid...

Latest News

Gold Prices in India Higher Than Dubai

Gold prices in India are higher than in Dubai. This difference affects gold buyers in the UAE.

Pakistan PM Sharif Visits Saudi Arabia Today

Pakistan's Prime Minister is set to visit Saudi Arabia. The visit is an official one.

Abu Dhabi to Host Biggest Make it in Emirates Edition

Abu Dhabi is set to host the biggest Make it in the Emirates edition. The event will take place from May 4-7.

US Lifts Shelter Advisory in UAE

The US has lifted its shelter advisory in the UAE. This decision was made after a halt in drone and missile attacks in the country.

LIV Golf Funding Cut by Saudi Arabia

A report suggests Saudi Arabia is preparing to cut off funding for LIV Golf. This development may have significant implications for the golf tour's future.