
Saudi Telecom CEO resigns

Saudi Telecom Co CEO Khaled Al-Ghoneim has resigned after less than a year in the job, Reuters reported. Al-Ghoneim was appointed in June 2012 following the resignation of his predecessor Saud Al-Daweesh two months earlier, while the heads of the state-controlled firm's domestic and international operations have also quit over the past 12 months. STC said it had accepted Al-Ghoneim's resignation, but did not name a replacement or say when Ghoneim would leave his position.
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