Register for our free newsletter

Latest News


Saudi Zain Telecom

Kuwait’s Zain second quarterly net profit inches up 1 percent

Kuwaiti telecom operator Zain reported a 1 percent rise in quarterly profit on Monday.

August 6, 2012 4:08
Saudi Zain Telecom

Zain Saudi to repay debts with rights issue cash

Loss-making Zain Saudi , Saudi Arabia's No.3 telecoms company, launched a $1.6 billion rights issue on Tuesday to boost its balance sheet and help it fight back against rivals.

July 11, 2012 11:46
Qtel Calls for $2 Billion Loan

Qtel Calls for $2 Billion Loan

Qatar Telecom has sent requests for proposals to international lenders for a $2 billion refinancing loan that will mark its return to the market after a two-year gap, bankers close to the deal said.

April 23, 2012 4:13

Zain verdict not seen halting unit stake sale

A court ruling against Kuwait's Zain will not derail a $950 million deal to sell its quarter-stake in affiliate Zain Saudi , the chief executive of joint bidder Bahrain Telecommunications (Batelco) said on Monday.

September 27, 2011 1:05
Bring it kinda on: Etisalat and Du fight for the top spot

Bring it kinda on: Etisalat and Du fight for the top spot

Prepare for great telco promos to come your way, as du and Etisalat do their competitive dance. Oh wait, not’s not quite a real competition yet, says Jacqueline Gomes.

July 20, 2011 3:11

Zain Iraq prepares for IPO-newspaper

Kuwait telco giant Zain's Iraqi unit prepares to launch IPO expected to value at $80 million, according to an unnamed source.

June 19, 2011 10:12

Du eyes $273 million rights issue

Dubai-based telecoms operator, du, announced a fully subscribed rights issue aimed at funding additional high-tech services, such as broadband and 3G for mobile data.

April 19, 2010 12:02

Etisalat bids telecom firm in Sri Lanka

Emirates Telecommunications Corp. (Etisalat) announced it put in a bid to buy assets belonging…

September 15, 2009 12:01