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Etihad Atheeb Telecommunication Company GO decided to recommend to the Extraordinary General Assembly to increase the company's capital by issuing rights shares.
According to Arabiya Net, Atheeb Telecom said in a statement that the total amount to be obtained is about 350 million riyals.
She added that it mainly aims to increase the capital to pay the company's obligations and to develop and modernize its business systems and networks.
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