{"id":17079,"date":"2022-03-16T00:00:00","date_gmt":"2022-03-15T21:00:00","guid":{"rendered":"https:\/\/albayanmagazine.com\/mobily-soars-on-etisalats-us-2-12-b-offer-to-boost-stake\/"},"modified":"2022-03-16T00:00:00","modified_gmt":"2022-03-15T21:00:00","slug":"mobily-soars-on-etisalats-us-2-12-b-offer-to-boost-stake","status":"publish","type":"post","link":"https:\/\/albayanmagazine.com\/en\/mobily-soars-on-etisalats-us-2-12-b-offer-to-boost-stake\/?lang=en","title":{"rendered":"Mobily Soars on Etisalat&#8217;s US $2.12 B Offer to Boost Stake"},"content":{"rendered":"<p>Saudi Arabia\u2019s Mobily surged after Etisalat, the biggest phone operator in the United Arab Emirates, proposed to boost its shareholding in the firm in a deal that could be valued at $2.12 billion.<br \/>\nEtisalat offered 47 riyals a share for a higher stake in Mobily, a 22.2% premium to its Tuesday\u2019s closing price<br \/>\nMobily shares jumped 9.9% to 42.25 riyals in Riyadh, touching the 10% daily fluctuation limit in Saudi Arabia. Etisalat gained 1.4% in Abu Dhabi.<\/p>","protected":false},"excerpt":{"rendered":"<p>Saudi Arabia\u2019s Mobily surged after Etisalat, the biggest phone operator in the United Arab Emirates, proposed to boost its shareholding in the firm in a deal that could be valued at $2.12 billion. Etisalat offered 47 riyals a share for a higher stake in Mobily, a 22.2% premium to its Tuesday\u2019s closing price Mobily shares [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17051,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_gspb_post_css":"","footnotes":""},"categories":[38],"tags":[665,664],"class_list":["post-17079","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-38","tag-etisalat","tag-mobily"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/albayanmagazine.com\/en\/wp-json\/wp\/v2\/posts\/17079","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/albayanmagazine.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/albayanmagazine.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/albayanmagazine.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/albayanmagazine.com\/en\/wp-json\/wp\/v2\/comments?post=17079"}],"version-history":[{"count":0,"href":"https:\/\/albayanmagazine.com\/en\/wp-json\/wp\/v2\/posts\/17079\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/albayanmagazine.com\/en\/wp-json\/wp\/v2\/media\/17051"}],"wp:attachment":[{"href":"https:\/\/albayanmagazine.com\/en\/wp-json\/wp\/v2\/media?parent=17079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/albayanmagazine.com\/en\/wp-json\/wp\/v2\/categories?post=17079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/albayanmagazine.com\/en\/wp-json\/wp\/v2\/tags?post=17079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}