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Monday, December 17, 2018 18:11 GMT
Zain Saudi Arabia (Zain KSA) has signed an agreement with the Kingdom’s Ministry of Finance (MOF), Ministry of Communications and Information Technology (MCIT), and Communications and Information Technology Commission (CITC) to consolidate the annual royalty fee for commercial service, reducing the tariff from 15% to 10% of net revenues retrospectively, commencing 1 January, 2018. The expected financial impact of applying the unified annual royalty fees from 1 January, 2018 to 30 September,...More