Nokia Corp. (NYSE:NOK) In Middle East Deal

Nokia Corp. (NYSE:NOK) has inked a partner agreement with Al-Futtaim. Nokia Corp. (NYSE:NOK) In Middle East Deal Al-Futtaim has announced that it has entered into a partnership agreement with Nokia Corp. (NYSE:NOK) to supply mobile phones to key domestic retailers in the UAE. Chris Braam, the Vice President at Nokia Corp. (NYSE:NOK) MEA said that, “Nokia’s mission is simple – We connect people to what matters most to them and the agreement with AFCOMP(Al-Futtaim Computer Software Products Company LLC) demonstrates our strong commitment to our UAE customers through that mission statement. The core principles of the Al-Futtaim group of quality, reliability and integrity are values which are also reflected in Nokia. We are confident of AFCOMP’s ability to deliver value to our customers in the UAE and look forward to a long and mutually beneficial relationship.” Nokia Corp. (NYSE:NOK) shares were at 9.02 at the end of the last day’s trading. There’s been a -14.2% movement in the stock price over the past 3 months. Nokia Corp. (NYSE:NOK) Analyst Advice Consensus Opinion: Moderate Sell Mean recommendation: 3.17 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 3.03 Zack’s Rank: 10 out of 16 in the industry
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