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Saudi

Mobily signs $2.875 billion Islamic finance agreement The huge loan will be devoted to pay the short term debt, and to finance operations and infrastructure expansion.



Kuwait's MTC set to win Saudi's 3rd mobile licence Mobile Telecommunication Co (MTC) logoA consortium led by Kuwait's Mobile Telecommunications Co (MTC) on Saturday made the largest bid of 6.1 billion dollars for Saudi Arabia's third mobile phone licence, Saudi Arabia's telecoms watchdog said.



Kuwait's MTC eyes global growth in Saudi telecom move Kuwait's MTC aims to build its operations globally if its consortium is confirmed as the winning bidder for Saudi's third mobile phone licence.



LG announces ground breaking AC joint venture in Riyadh The new air conditioner production facility is being constructed in Al Tatweer Industrial City, south of 2nd Industrial City located in Riyadh, the capital city of Saudi Arabia.



LG to boost AC production with launch of new facility in KSA The new plant, the latest air conditioner production facility in Saudi Arabia, is being constructed in Al Tatweer Industrial City, south of Saudi Arabia’s capital city Riyadh.



US, Saudi, Chinese firms announce $5 billion energy deal US oil giant Exxon Mobil, Saudi Aramco and Sinopec announced Friday two joint ventures worth about five billion dollars to operate 750 service stations and a petrochemical refinery in China.



US, Saudi, Chinese firms announce five-billion-dollar energy deal US oil giant Exxon Mobil, Saudi Aramco and Sinopec announced here Friday two joint ventures worth about five billion dollars to operate 750 service stations and a petrochemical refinery in China.



LG unveils Shine mobile in KSA This full metal mirrored model is the second installment in LG’s premium Black Label Series, and is expected to be another best seller like last year’s LG Chocolate.



Batelco’s bid for Saudi fixed line wins approval Batelco’s Chief Executive Peter Kaliaropoulos stated that the Atheeb/Batelco consortium is one of the three successful bidders to operate fixed line telecomm services in Saudi Arabia.



Boeing main sponsor of Second Intl. Arab Aviation Security Conference The Conference will be attended by heads of Civil Aviation authorities from the Arab world and representatives of other regional and international organizations.



Saudi Binladin Group to build first residential apartments at KAEC Emaar, The Economic City has contracted Saudi Binladin Group to build the first residential apartments at the mega development.



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