7020 · 21/12/2014 08:20:23 · Announcement #36404 · View on Saudi Exchange

Addendum announcement from Etihad Etisalat CO that it has requested referral to Arbitration with regards to the service agreement signed with Mobile Telecommunication Company Saudi Arabia (Zain KSA)

Further to our announcement published on Tadawul on 14/12/2014 regarding Mobily due receivable amounts resulted from the Service Agreement signed with Zain KSA, Mobily announce the latest developments relating to the arbitration that The first session was held before the arbitration panel on Saturday 20/12/2014, during which it was agreed that the arbitration panel shall follow in adjudicating the dispute, and in which Mobily submitted its statement of claim Zain KSA has requested time to respond to Mobily statement of claim. The session was adjourned to Saturday 7/02/2015

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