Tuesday 27 January 2015
 
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Zain

Zain Saudi gets regulator nod for capital cut

Zain Saudi has received regulatory approval to cut its capital for a second time, a move common in Saudi Arabia to offset accumulated losses, the telecom operator said on Tuesday. The company, 37 per cent owned by Kuwait's Zai

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Zain Saudi cuts losses; higher internet demand helps

Telecoms operator Zain Saudi reported a reduced fourth-quarter loss on Wednesday, beating analysts' forecasts due to higher demand for Internet services and lower maintenance costs. The company has yet to make a quarterly prof

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Zain Bahrain launches ‘Anti-Abusive Words’ SMS service

Zain Bahrain has launched a complimentary ‘Anti-Abusive Words’ SMS service that blocks abusive messages from being sent to a child's mobile phone. This service is in line with the National Strategy for Child Online

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Zain Bahrain lists on Bahrain Bourse

Zain Bahrain has listed on the Bahrain Bourse under the trading symbol 'ZAINBH' following the signing of an agreement. Shares of the company will be traded in the initial public offering (IPO) market for six months and wi

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Zain Saudi rejects Mobily's $586m claim

Saudi Arabia's second-biggest telecom operator Mobily said on Tuesday it was seeking arbitration to obtain SR2.2 billion ($586.28 million) owed it by Zain Saudi, a claim its smaller rival subsequently said was unfounded. A dis

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Zain Saudi proposes capital reduction to shareholders

Zain Saudi, a Saudi Arabian telecommunication operator, has proposed a capital reduction to shareholders to eliminate all accumulated losses up to September 30, the company said in a statement on the kingdom's bourse. The move

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Zain Group hosts technology conference in Istanbul

Leading telecommunications operator Zain Group is set to host its fourth annual technology conference in Istanbul, Turkey. The three-day Zain Technology Conference (ZTC) opens today (November 17), representing its largest technolo

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Zain Iraq to launch 3G mobile services by Jan

Zain Iraq, the country's No.1 mobile operator by subscribers, will launch long-awaited high-speed 3G services in January after formally signing a deal with the government on Monday to receive the necessary spectrum. Zain Iraq,

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Zain Q3 profit falls on Iraq, forex losses

Zain, Kuwait's No 1 telecoms firm by subscribers, posted a 13 per cent fall in third-quarter profit, missing analysts' estimates due to foreign exchange losses and Iraq's civil war disrupting its operations in the country.

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BHB, Zain Bahrain in major shares deal

An agreement was signed between Bahrain Bourse (BHB) and Zain Bahrain to assign BHB as a share registrar for the shares of the telecommunications company. The agreement was signed by Bahrain Bourse chief executive Shaikh Khalifa b

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