Zain Group, a leading TechCo providing innovative ICT and digital communications in eight markets across the Middle East and Africa, has reported a 1.4% rise in second-quarter net profit attributable to shareholders, as higher ebitda offset a decline in revenue amid regional geopolitical challenges.
Saudi Arabia-based System Security Solutions (3S) has secured the main Information and Communications Technology (ICT) contractor package for the Resort Core Infrastructure project at Qiddiya, marking another milestone in the development of one of the Kingdom's flagship giga-projects.
The Zain Group, a leading provider of innovative ICT and digital lifestyle communications, has elected its new board for the next three years at its Annual General Meeting (AGM) held in Kuwait. Nour Nael Ahmed Al Jassim will be the new Chair, while Bader Al Kharafi is the Vice-Chairman and Group CEO.
Zain Group, a leading provider of innovative ICT and digital lifestyle communications operating in eight markets across the Middle East and Africa, reported a 16-year high consolidated revenue of KD1.7 billion ($5.4 billion) for the first nine months of the year, an increase of 15% YoY.
IHC, a global investment company focused on building dynamic value networks, has announced a strategic framework with the US International Development Finance Corporation (DFC) to mobilise transformational, private-sector investment across priority sectors and high-growth markets of mutual strategic interest.
