On July 27, 2026, Etihad Etisalat Co. (Mobily) issued a clarification in response to media and social media reports circulated on July 20, 2026, regarding discussions with TAWAL over the potential acquisition of Mobily's telecom towers. The Company confirmed that preliminary discussions have taken place between the two parties; however, no Memorandum of Understanding or binding agreement has been executed, aside from a confidentiality agreement. As of the announcement date, the preliminary discussions carry no financial impact or binding legal obligations. Mobily reaffirmed its commitment to promptly disclose any material future developments in accordance with applicable regulatory requirements.

Original announcement:

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.