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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
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 yet...it’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