Mobily penalized for violating Saudization requirements

Saudi Arabia’s Communications and Information Technology Commission (CITC) suspended yesterday some of Etihad Etisalat Co.’s (Mobily) new services for not meeting Saudization requirements for employees at the executive level, the regulator said in a statement.

CITC suspended Mobily’s new billed and pre-paid mobile services across the Kingdom.

Mobily said in a statement on Tadawul that it’s unable to predict the financial impact of the suspension at this time.

Mobily services are running as usual without interruptions for existing clients, the firm said, adding that it is working with CITC to resolve the issue.