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Government says move is intended to provide ‘shareholding stability’ after Saudi sovereign wealth fund builds stake
Plus, oil megadeals fuel hopes for a gush in fees and a busy week for telecoms dealmaking
Spanish government explores option as a counter to STC’s move
Saudi telecoms group follows in footsteps of Gulf rivals as it seeks to spread its wings internationally
STC’s move on Spanish company marks latest foray by state-owned Gulf groups into Europe
Prospective deal comes as Riyadh-listed STC seeks to expand regionally
MBC contract terminated as state-controlled Saudi Telecom Co announces $1.76bn deal
Dominant telco taps youthful population with new digital services
Qatari group seeks expansion across region as growth stalls at home
Pool of takeover targets dries up
Rivals say competition rules not enforced
Saudia seeks to match Gulf rivals
International Edition