Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Saudi Regulator Suspends Etihad Atheeb Telecom After Loss

The Saudi markets regulator suspended trading in the shares of Etihad Atheeb Telecommunications Co. after the company reported a widened loss for the year ended March 31.

The shares will be suspended as of tomorrow and until the company’s situation, the Capital Market Authority said in a statement on the Saudi bourse website today.

Etihad Atheeb’s full-year loss widened to 575.1 million riyals ($153 million) from 379 million riyals a year earlier, the Riyadh-based company said in a statement to the Saudi bourse earlier in the day.

The shares dropped 1.9 percent to 7.75 riyals before the bourse announcements, giving the company a market value of 775 million riyals. The stock has lost 49 percent since the beginning of the year.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.