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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
 
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