Saturday 23 November 2024
 
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capital reduction

Du shareholders agree capital reduction

Emirates Integrated Telecommunications Company (Du) said it held a General Meeting today (January 12) where shareholders voted in favour of a Board of Directors’ recommendation to reduce the company’s capital.  Th

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Zain Saudi Arabia plans $1.16bn rights issue

Mobile Telecommunications Company Saudi Arabia (Zain KSA), a leading mobile telecoms operator in the kingdom, announced plans to increase its capital by SR4.38 billion ($1.168 billion) through a rights issue. The capital raised from the is

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