SoftBank earmarks $25B investment in Saudi Arabia
Japan-based SoftBank was tipped to be lining up an investment of as much as $25 billion in Saudi Arabia in the next three- to four-years, as the company further deepens its ties with the country.
Zain Saudi Arabia on brink of $500M towers sale
Zain Saudi Arabia is close to reaching an agreement to sell around 7,500 mobile phone towers to Lebanon-based TASC Towers for $500 million, in a deal which could be completed by the end of the year, Bloomberg reported.
Saudi Telecom Company unveils $500M digital VC fund
Saudi Telecom Company (STC) formed a $500 million venture capital fund, a move it said would grow digital innovation in the region and help the country achieve the goals of the government’s Vision 2030 programme.
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