Middle-east Arab News Opinion | Asharq Al-awsat

Media ID: 55384976
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STC CEO Dr. Khalid Bin Hussein al-Bayari. (Asharq Al-Awsat Arabic)

STC CEO: Redesigning our Strategy, Shifting Away from Traditional Areas

by Musaid Al-Zayani | Oct 10, 2017 | Business

Dubai — Saudi Telecom Company (STC) has depended on a new strategy that focuses on growth via new areas and not the traditional telecommunications areas, said STC CEO Dr. Khalid al-Bayari, adding that this strategy includes the digital content, digital financial...

Media ID: 55365954
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A view of the headquarters of Saudi Basic Industries Corp (SABIC) in Riyadh January 20, 2009. REUTERS/Fahad Shadeed

Reducing Expenditures is Common among Saudi Companies

by Shuja Al-Baqmi | Jan 20, 2017 | Business

Riyadh – Saudi stock market companies continued to announce fiscal results of 2016 one after another. Saudi Basic Industries Corp (SABIC), one of the world’s largest petrochemicals groups, announced a 4.5% drop of net profit in 2016. Saudi Telecom Company...

Media ID: 55307885
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A Saudi woman looks at her mobile as she walks through a coffee shop in the capital Riyadh on June 17, 2013 AFP PHOTO/FAYEZ NURELDINE

New Saudi mobile networks given go-ahead

by Asharq Al-Awsat | Jun 30, 2013 | Business

Riyadh, Asharq Al-Awsat—Saudi telecoms regulators have approved licenses for three new mobile networks, allowing international firms to partner with local service providers. Sources within the kingdom’s telecoms regulator, the Communications and Information...