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Saudi Regulator Lifts Share Trading Suspension On Etihad Atheeb

Saudi Regulator Lifts Share Trading Suspension On Etihad Atheeb

The regulator had halted the trading of STC shares after the company failed to give sufficient details on a network sharing deal.

Saudi Arabia’s stock market regulator has ended a share trading suspension on Etihad Atheeb, according to a bourse filing on Sunday.

The Capital Market Authority (CMA) halted trading in the shares of the landline telecommunications operator on Thursday after the company failed to give sufficient details on a network sharing deal Saudi Telecom Co 7010.SE (STC).

But the regulator has now lifted this suspension after Atheeb issued a statement providing the required information regarding the STC agreement, a statement said on Sunday.

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