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CMA suspends Etihad Atheeb
The Saudi Gazette Published in The Saudi Gazette on 26 - 05 - 2011

JEDDAH: Saudi Arabia's Capital Market Authority (CMA) said Tuesday it will suspend trading in the shares of fixed-line operator Etihad Atheeb Telecommunication Co. after its loss widened. The shares of the firm, which started operations in January 2010, will be suspended as of Wednesday until the company's situation improves, CMA said in a statement posted on the Saudi bourse website.
If the firm's situation does not change in six months, CMA will take the appropriate actions, it added.

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