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
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
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
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
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.
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.
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
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, 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.
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