Etihad Etisalat Mobily, a leading telecom provider in Saudi Arabia, has launched a mobile app in collaboration with Mubasher for stock trading in the Kingdom.

A ceremony was held to announce the launch by agreement between Mobily and Mubasher Direct FN Co. Among the dignitaries present at the occasion were Ahmed Farrokh, chief executive officer, Faiez Awadh, chief human resource officer, John Saad, chief commercial officer from Mobily and Dr Walid Al Ballaa, Mubasher’s managing director.

This “Mobily Direct FN” app provides an innovative service that enables people trading or following the Saudi Stock market to access relevant information through IOS and android based application.

The app is characterized by several advantages including the ability to access market information directly without any delay, to access the news and the analytical tools for the Stock market, to follow-up the market index and stock prices, to access graphs depicting market movement and to trade electronically.

This is a first of its kind subscription based service, covering all the regions of the Kingdom, a statement said.

"Mobily Direct FN” Apps enables the users to classify stock lists and create custom lists of shares, because of which, users are able to remain updated regarding companies included in the list while also staying tuned to general market trends and updates.

Mobily has provided this application in both Arabic and English language. – TradeArabia News Service