Saudi Telecom's Bahrain unit bets on data to boost revenue
Viva Bahrain, the country's No.2 telecom operator by income, expects data to account for at least half of revenue within two years - from a quarter now - as it seeks to counter a decline in conventional calls and texts.
Saudi Tasnee to pay SAR1.8b to up stake in Cristal subsidiary
Saudi Arabia's National Industrialization Co (Tasnee) plans to pay SAR 1.8 billion (USD 480 million) to raise its majority stake in its Cristal subsidiary by a further 13%, the company said.
Saudi Sipchem starts plastics plant with South Korea's Hanwha Chemical
Saudi International Petrochemical Co (Sipchem) said on Wednesday it had started trial operations of a new plant in Riyadh along with South Korea's Hanwha Chemical.