Mobily has expressed its full commitment and cooperation with the competent authorities to take what it deems necessary to protect its interests and those of its shareholders. The Capital Market Authority had written to Mobily to assign a specialized team to examine the company's financial statements and all other relevant documents, and to visit the company's offices in preparation for completing the necessary legal procedures to uncover the causes of the loss suffered by the company, which amounted to 913 million riyals.<\/p>\n
The Capital Market Authority (CMA) recently issued a decision to suspend the trading of Mobily's shares in the Saudi market until the company discloses the details of the causes of the loss, in light of the company's announcement of achieving a net profit of 220 million for the initial period ending on 31\/12\/2014 (12 months), and disclosing any other relevant material developments, confirming that it will consider whether or not to continue to suspend the trading of the company's shares.<\/p>","protected":false},"excerpt":{"rendered":"
Reading time: <\/span> < 1<\/span> Minute<\/span><\/span>Etihad Telecommunications Company (Mobily) has expressed its full commitment and willingness to cooperate with the relevant authorities to take whatever measures they deem necessary to protect its interests and those of its shareholders. The Capital Market Authority has written to \u201dMobily\u201d to appoint a specialized task force to examine the company\u2019s financial statements and all other relevant documents, and to visit the company\u2019s offices in preparation for completing the necessary regulatory procedures to uncover the causes of the losses it has incurred \u2026 Read more<\/a><\/p>","protected":false},"author":10,"featured_media":2314,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"0","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_seopress_news_disabled":"","_seopress_video_disabled":"","_seopress_video":[],"_seopress_pro_schemas_manual":[],"_seopress_pro_rich_snippets_disable_all":"","_seopress_pro_rich_snippets_disable":[],"_seopress_pro_schemas":[],"footnotes":""},"categories":[120],"tags":[],"class_list":["post-3041","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-capital-markets"],"acf":{"amlak_post_excerpt":"","amlak_post_excerpt_source":{"label":"Amlak post excerpt","type":"text","formatted_value":""}},"featured_image_urls":{"full":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2015\/02\/mobily.jpg",1500,608,false],"thumbnail":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2015\/02\/mobily-150x150.jpg",150,150,true],"medium":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2015\/02\/mobily-300x122.jpg",300,122,true],"medium_large":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2015\/02\/mobily-768x311.jpg",768,311,true],"large":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2015\/02\/mobily-1024x415.jpg",1024,415,true],"1536x1536":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2015\/02\/mobily.jpg",1500,608,false],"2048x2048":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2015\/02\/mobily.jpg",1500,608,false],"trp-custom-language-flag":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2015\/02\/mobily.jpg",18,7,false],"event-thumbnail":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2015\/02\/mobily-300x200.jpg",300,200,true],"event-medium":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2015\/02\/mobily-600x400.jpg",600,400,true],"event-large":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2015\/02\/mobily-1200x608.jpg",1200,608,true],"event-hero":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2015\/02\/mobily.jpg",1500,608,false]},"author_info":{"info":["\u0627\u0645\u0644\u0627\u0643 \u0627\u0644\u0639\u0642\u0627\u0631\u064a\u0629"]},"category_info":"\u0623\u0633\u0648\u0627\u0642 \u0627\u0644\u0645\u0627\u0644<\/a>","tag_info":"\u0623\u0633\u0648\u0627\u0642 \u0627\u0644\u0645\u0627\u0644","comment_count":"0","_links":{"self":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts\/3041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/comments?post=3041"}],"version-history":[{"count":0,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts\/3041\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/media\/2314"}],"wp:attachment":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/media?parent=3041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/categories?post=3041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/tags?post=3041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}