We would like to invite you to continue a survey you have started. ...

Do you trust your insurer ?

Strongly agree
Strongly disagree
Insurance provides peace of mind
Insurance is purchased only when compulsory
Terms and Conditions (small print) are clear and easily accessible
Insurance jargon (language) stands in the way of fully understanding each policy
Insurance companies try their best to uphold the details of the policy without cutting corners
Reducing risk, cutting costs and profits are more important to an insurance company than the customer
Insurance companies in the region are as professional as in other more developed markets
Age group
Do you feel your insurance provider works in your interest?
Have you had a rejected claim that you feel was not justified?
Do you trust your insurance provider?
Our Network

Register for our free newsletter

Latest News

Saudi Atheeb interested in Saudi Zain – chairman

Abu Dhabi-based Etisalat has bid 1.7 dinars a share for a 46 percent stake in Zain, in a deal worth around $12 billion.


October 25, 2010 9:02 by

Saudi Arabia’s Etihad Atheeb Telecom is interested in the Saudi assets of Kuwait’s Zain al-Arabiya television quoted Atheeb’s chairman as saying on Sunday.

“If Zain Saudi is put up for sale there will be an opportunity, and both companies will complement each other,” Abdul-Aziz bin Abdul-Aziz Al Saud told the Dubai-based station according to its website.

Abu Dhabi-based Etisalat, the Arab world’s second-largest telecom operator by market value, has bid 1.7 dinars a share for a 46 percent stake in Zain, in a deal worth around $12 billion. A major Zain shareholder has said it will accept the offer.

Zain holds a 25 percent stake in Zain Saudi, the latest mobile phone operator in the top oil exporter.

Atheeb has won a licence to provide fixed-line services in the kingdom under the Go brand.

Atheeb has been struggling to compete with the likes of Saudi Telecom , Mobily and more recently Zain Saudi .

Earlier this month, Bahrain Telecom (Batelco) said it was interested in Zain’s Saudi assets.

(Reporting by Ulf Laessing; Editing by Jason Benham)


Tags: , , , ,

Leave a Comment