#Saudi Telecom

United Group

Saudi Telecom to buy United Group towers for EUR1.2bn

Tawal, which is making its first foray into Europe through the acquisition, already owns more than 16,000 towers

Saudi Telecom

Saudi Telecom to raise capital by $8bn in bonus shares

The company plans to issue 1.5 bonus shares for every existing share, through capitalising retained earnings

Saudi Telecom’s subsidiary buys Pakistani infrastructure provider to broaden footprint

The deal is subject to regulatory approval from Pakistani authorities

Saudi Telecom spins off data centre, cable assets to new firm

Saudi Telecom already spun off its internet services unit and listed it on the kingdom’s stock market last year

Saudi Telecom’s CEO quits after two years

A search for a successor is underway

Saudi Telecom

Saudi Telecom said to weigh IPO for internet-services unit

Saudi Telecom is considering selling as much as 30 per cent of the unit

Saudi Telecom seeks to cut $2.39bn offer for Vodafone Egypt

STC had said that the offer gives the Egyptian business an enterprise value of $4.35bn

Revealed: Top 10 companies in the Middle East in 2020

In this year’s Forbes list of the Middle East’s Top 100 Companies 2020, Saudi Arabia led the pack with 33 entries

Special Report: Top 100 GCC Companies 2014

The Gulf’s largest companies by market capitalisation, revenues and countries, as researched by Markaz.