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The number of mobile connections in Eritrea increased by 122 thousand (+8.3 percent) between the start of 2023 and the start of 2024. [ 50 ] In September 2010 the penetration rate was estimated at 3.4% over a population estimate of 5.9 million.
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In 2021, Saudi Arabia's Public Investment Fund (PIF) sold 120 million shares in Saudi Telecom Company (stc Group) for $3.2 billion after completing a secondary share offering of stc Group. [12] [13] The STV Investment Fund, which invests in small and medium-sized companies in communications and information technology, was established in 2018. [25]
Ahmed Ehsanul Karim was appointed managing director of Saudi-Bangladesh Industrial and Agricultural Investment Company Limited on 25 October 2021. [ 14 ] In January 2022, it was part of a group of financial institutions that provided a 5.2 billion taka loan to Chandpur Power Generations Limited which is a part of Doreen Group .
A mobile phone tower in Qatif. Telephones - main lines in use: 011 463,3507 (2011 - source: ITU) . Telephones - mobile cellular: 53,705,808 (2011 - source: ITU) note: In 2004, the Saudi Telecom Company (STC) monopolization was broken by authorizing Etihad Etisalat/Mobily to compete in mobile communication, in June 2009 GO Telecom (Etihad Atheeb Telecom) or "جو" also entered the market.
The number of mobile phone subscribers in Bangladesh as of April 2015 was 124.705 million, [8] having risen from the February 2009 figure of 45.21 million. [9] As of September, 2022 the number of mobile phone subscriber has risen to 181.43 Million.
12 July – The International Olympic Committee announce that Saudi Arabia will host the inaugural Olympics Esports Games in 2025. [6] 18 July – Saudia group and Lilium GmbH signed a binding sales agreement for 50 electric Lilium Jets, with options for the purchase of 50 more. [7] July 26–August 11 – Saudi Arabia at the 2024 Summer Olympics.
In December 2020, the Saudi Arabian Military Industries (SAMI) fully acquired AEC, making it a 100% Saudi-owned company. The deal shall strengthen SAMI's presence in the defense industries market. [3] It is the largest military industries deal ever concluded in Saudi Arabia. [4] In 2021, Ziad bin Houmod Al-Musallam was appointed the CEO of AEC. [5]