Zain - Kuwait

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Recent Articles

• Kuwait's Zain in talks to partner PalTel in Palestine28 January 2009

  UPDATE 1: Gulf state's telecom major eyes strategic partnership with Palestinian firm.

• Qatar ends 9-day losing streak; UAE markets end mixed22 January 2009

  UPDATE 4: Shares of Industries Qatar and Qatar National Bank lead rally in Doha.

• Saudi Telecom hit by 62% profits slump 20 January 2009

  Saudi Telecom, the Arab world's largest telco, has reported a worse-than expected 62% slump in Q4 profits

• Major Arab bourses end in red; banks suffer18 January 2009

  UPDATE 4: Savola Group, National Bank of Abu Dhabi see major slips.

• Zain Madagascar upgrades network13 January 2009

  Zain Group hires Ericsson to expand and upgrade its network in African nation

• Orascom, Zain to run two Lebanese mobile firms13 January 2009

  Telecom majors' deal with MTC Touch and Alfa mobile networks worth $145mn.

• Gulf bourses end in red on Q4 earnings fears13 January 2009

  UPDATE 6: UAE, Qatar, Oman, Kuwait, Saudi and Bahrain exchanges all end lower.

• Zain CEO pledges to protect staff from global turmoil10 January 2009

  Telecoms chief says 'dynamic approach' will be adopted to deal with slowdown.

• Kuwait mobile giant expects 30% profit rise4 January 2009

  Zain chief executive says company finances 'very healthy' amid global crisis.

• Saudi Zain says mobile users 1mn in Sept16 December 2008

  Third operator which launched in Aug. expects to turn a profit in its third year.

• Telcos Zain and Qtel register top ARPU worldwide15 December 2008

  Chairman of GSM Arab World reveals regional stats at GSM > 3G Middle East conference

• Bahrain regulator delays mobile bid deadline to '0925 November 2008

  Bahrain's wealth fund also looking to sell down stakes in companies, including Batelco.

• Kuwait's Zain eyes $4bn acquisitions by 20106 November 2008

  Third-largest Arab telecoms company looking to expand in Africa and Middle East.

• Zain increases stake in Iraq mobile operation4 November 2008

  Operator gains management control of Iraqi operation

• Four firms bid for Rwandan licence6 October 2008

  Zain and Millicom International among companies short listed for Rwanda’s third mobile licence

• Zain debuts prepaid mobile internet in Kuwait5 October 2008

  e-GO2GO service offers high speed connectivity to subscribers using a plug-and-play USB device

• Oct 17 start for Kuwait phone number shake-up29 September 2008

  Phase one of new system will see changes made to landline and mobile numbers.

• Kuwait telco Zain completes $4.5bn capital increase20 September 2008

  Anxiously anticipated outcome sees new 50% discounted shares 99% taken up.

• Launch date set for Zain's Saudi mobile service 25 August 2008

  Kuwait telecom giant's service will cover 95% of the kingdom, plans to invest up to $8bn.

• Crackdown launched on mobile phone pests25 August 2008

  One Bahraini man phoned mall with bomb threat in bid to postpone shopping trip.

• Zain starts mobile operations in KSA25 August 2008

  Saudi Arabia will become part of Zain’s One Network from the start of operations.

• Zain to raise US$4.5 billion18 August 2008

  Zain to raise funds from share offering to finance regional expansion.

• Bahrain set to offer third telecom contract13 August 2008

  Batelco and Zain to get new rival for country's telecom customers early next year.

• Zain to list on London bourse in Q12 August 2008

  Kuwait-based mobile phone firm announces move at relaunch of African operations under Zain brand.

• Kuwait Zain shares drop after Q2 profit disappoints27 July 2008

  Rumours of takeover denied by company lead to short-lived surge.