Tuesday , January 16 2018

Tag Archives: Zain

Zain Racing wins 1st place at Bahrain Drag Racing Champ’ship

A total of 13 cars from all over the GCC participated, with only 8 cars qualifying KUWAIT CITY, Dec 26: Zain Racing, Zain Bahrain’s in-house team for racing events, clinched first place in the 4.5 Index Category of the Bahrain Drag Racing Championship. The race, which was held at Bahrain …

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ZGI continues accelerator program in UK – Kuwait’s ambassador Al Duwaisan welcomes Zain entrepreneurs

KUWAIT CITY, Nov 25: Zain, the leading telecommunications company in Kuwait, announced the arrival of the Zain Great Idea (ZGI) entrepreneurs to London, the United Kingdom. The entrepreneurs are set to continue the second phase of the program — the international accelerator program — which commenced in San Francisco, the …

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Omantel completes Zain buy – Regional scale raised

DUBAI, Nov 12, (RTRS): Oman Telecommunications (Omantel) will pay $1.35 billion to buy a further 12.1 percent stake in Kuwaiti telecoms company Zain in a deal that will expand its reach to nine Middle Eastern and North African countries. It paid KD 0.781 ($2.58) per share, around 74 percent above …

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Zain records net income of KD 40mn for Q3 – Group’s efficiency drive maintains EBITDA margin at 40%; total customers served stand at 45.3 million

KUWAIT CITY, Oct 28: Zain Group, a leading mobile telecom innovator in eight markets across the Middle East and Africa, announces its consolidated financial results for the nine-month and third-quarter periods ended Sept 30, 2017. The company ended the period serving 45.3 million customers. For the first nine months of …

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Kuwait index ends little changed in choppy trade – Zain rallies 14 fils; Humansoft Holding slides

KUWAIT CITY, Sept 17: Kuwait stocks were little changed on Sunday as it kicked off the week on a tame note. The price index eased 2.16 points in choppy trade to 6,911.7 points even as overall sentiment remained mixed. Most of the heavyweights however closed in green. The KSX 15 …

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Zain and Omantel complete share sale on Boursa Kuwait for $846.1m – Deal provides impetus to Zain business and digital growth strategy: Al-Kharafi

KUWAIT CITY, Aug 24: Mobile Telecommunications Company (“Zain”) and Oman Telecommunications (“Omantel”) are pleased to announce that Omantel has won the bid to acquire 425.7 million treasury shares representing 9.84% of Zain’s fully paid in and issued share capital at an offer price of KD 0.600 per share, representing a …

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Zain posts stable net income of KD 82m for H1 – Revenues reach KD 508 million with EBITDA margin of 41.7% for first half of 2017

KUWAIT CITY, Aug 6: Zain Group, the leading mobile telecommunications pioneer with operations in eight markets across the Middle East and Africa, announces its consolidated financial results for the six months to June 30, 2017. The company ended the period serving 45.2 million customers. For the first six months of …

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Zain Saudi continues to grow, records profitability for second straight quarter – Net profit reaches SAR 53 million for H1 2017

KUWAIT CITY, Riyadh, Aug 2: Zain Saudi Arabia (Zain KSA) reported its second consecutive quarterly net profit and its first ever, half year net profit for the period ending 30 June 2017. Data services growth leveraging the advanced 4.5G LTE network, prudent management of operational costs and the effect of …

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Zain All-Stars beat Arab All-Stars

Fans of the ongoing 38th Late Abdullah Meshari Al-Rawdhan Ramadan Futsal Tournament 2017 experienced delight and were filled with pleasure when they watched the first dream game of this year’s tournament which featured the Manchester United legend and former Welsh football superstar Ryan Giggs, and the former Libyan national team …

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Zain Diamond sponsor of 38th Al-Roudhan Football Tournament – Event under the patronage of HH the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah

KUWAIT CITY, May 17: Zain, the leading telecommunications company in Kuwait, announced its Diamond sponsorship of the 38th edition of Al Roudhan Ramadan Football Tournament for the second consecutive year. The event comes under the patronage of His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah. The announcement was made …

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