Saudi- named best managed telco group in Middle East 

(MENAFN - Arab News) Etihad Etisalat "Mobily" won the "Euromoney" award for the best-managed telecommunication companies in the Middle East, according to latest survey that was conducted by the group.

Mobily topped the annual Euromoney Group survey for the best managed telecommunication companies in the region in 2012 after the Saudi company succeeded to maintain its leadership and achieved sustained growth based on its well-structured and flexible strategies.

Mr. Neil Osborn, the Group Publisher of Euromoney and General Manager, handed over the award certificate to Khalid Omar Al Kaf, Mobily's Chief Executive Officer, in the presence of Thamer Al Hosani, the Chief Financial Officer.

The Euromoney research survey is one of the top professional and transparent awards where number of banks and financial groups participate in.

The company's performance is measured by accurate numbers that illustrates real performance of telecommunication companies in each region around the world.

Mobily CEO Khalid Al Kaf said, "We are committed to achieve the highest level of management transparency. We value the opinion of all bank analysts and equity investors, and thank those who have voted for Mobily."

"Euromoney" group, which is based in London, is one of the oldest and well-known financial institutions in the world; it enjoys high credibility among local and international banks and presents awards and prizes on an annual basis around the world and in divers sectors including transportation, telecommunications and other sectors.