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Zain posts 27pc drop in Q1 profitZain, Kuwait's No.1 telecom operator, reported a 27 per cent fall in first-quarter net profit, missing analysts' estimates, due to a steep devaluation in the Sudanese pound and loss-making More… |
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Zain feels the heat in South SudanMobile phone group Zain knew it was facing a challenge when it set out to build up its network in Africa's newest frontier market - the vast, strife-torn expanses of South Sudan. And a challenge is what it got, in the form of More… |
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Zain signs three-year $700m loanKuwait's largest telecom operator Zain has signed a $700 million loan, the company said in a statement on Wednesday. The loan is a three-year revolving credit facility and will be used for g More… |
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Zain launches 4G LTE network in BahrainZain Bahrain, a leading telecom services operator in the Kingdom, in collaboration with Ericsson, has launched its high-speed 4G LTE network in the country. Zain Bahrain general manager Mohammed Zainalabedin told a Press conferenc More… |
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Zain unveils new package for familiesZain Bahrain has introduced its new 'FamilyShare' package which has been specially designed for families catering to both broadband and mobile sector. The company said under this new scheme, customers will share and enjoy More… |
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J4B, Zain to boost Bahrainis' job prospectsMarket-leading careers and employment services portal Jobs4Bahrainis.com has inked a deal with leading telecommunications services provider Zain Bahrain to help boost the employment prospects of Bahraini nationals. Jobs4Bahrainis. More… |
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Zain Bahrain to offer 15pc stake in IPOZain Bahrain, a leading telecom operator, will be forced to offer 15 per cent of its shares through initial public offering (IPO), a report said. The move was approved by the Cabinet yesterday following six postponements on the is More… |
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Zain sees Iraq unit IPO by year endKuwait's No.1 telecom operator Zain on Sunday said its Iraqi unit would complete an initial public offering by the end of 2013, signally a further delay in the sale process. Zain's 2012 earnings release stated that Zain Ir More… |
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Zain Saudi extends maturity of $600m facilityTelecom operator Zain Saudi has extended the maturity of a $600 million facility until May 1, according to a statement on Saudi Arabia's bourse, the latest debt roll over by the loss-making firm. This was due to be repaid on A More… |
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Zain Saudi names new chairmanZain Saudi, Saudi Arabia's struggling third-largest telecoms provider, said it has appointed Fahd bin Ibrahim al-Dughaither as its new chairman. The affiliate of Kuwait's Zain, reported a 2012 net loss of SR443 million ($1 More… |
