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.