💰 Financial Record

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Transaction Details

Amount

USD $130,000,000.0

Payer (From)

Telecom Operators Linked to Telecom Operators

Payee (To)

Government Linked to Government officials

Transaction Date

June 30, 2016

Description

Estimated potential income increase for the government per 1% royalty increase (SAR500mn/cUS$130mn). Note: This is a hypothetical market estimate, not a completed transaction.

Additional Details

Date string: 2016-06-30

Amount string: 130000000

Source document: HOUSE_OVERSIGHT_016160.jpg

📄 Source Document

HOUSE_OVERSIGHT_016160.jpg

ESTATE Collection

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Document Summary

This document is page 50 of a Merrill Lynch 'GEMs Paper #26' dated June 30, 2016. It is a financial analysis of the Saudi Arabian telecommunications market, specifically focusing on companies STC, Zain KSA, and Mobily. The text discusses Fiber to the Home (FTTH) expansion, government royalty rates, and the revenue potential of religious tourism (Hajj and Umrah). While bearing a 'HOUSE_OVERSIGHT' stamp indicating it is part of a congressional investigation (likely regarding Epstein's banking relationships), the text itself contains no direct mention of Jeffrey Epstein or his associates.

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