Zain Saudi to defer $1.49bn licence fee paymentIndebted telecoms operator Zain Saudi has received government approval to defer licence fee payments totalling $1.49 billion over seven years, sending its shares on Monday to an eight-month high. The rescheduled payment will be tr More… |
Zain Iraq invests $20m to listZain Iraq, the country's biggest mobile phone company, has invested about $20 million in its efforts to list on the local stock exchange, its chief executive said on Thursday. The Iraqi unit of Kuwait mobile phone operator Zain is required More… |