Zain

Zain Group CEO, Dr. Saad Al Barrak, scooped up three awards in October: Africa Investor International Business Leader award, CEO Middle East magazine’s Telecom CEO of the Year award and Bespoke magazine’s 2008 Visionary award. In winning the Africa Investor International Business Leader award in a ceremony held in Durban, South Africa, Dr Al Barrak beat off stiff challenges from such global luminaries as Kingdom Holding’s Prince Alwaleed Bin Talal; Coca-Cola’s Chairman, Neville Isdell; China Exim Bank’s President Li Ruogu; Shun Tak Shipping’s Founder Stanley Ho and General Electric’s Chairman, Jeff Immelt.

Leading industry magazine Global Telecoms Business has ranked Dr Saad Al Barrak in 29th position most influential telecom executive over the century in its top 100 survey placing him first among his Middle East & African peers...

Zain Group, the leading mobile telecom company in 22 countries across the Middle East and Africa, announced that it has increased its ownership stake in Zain Iraq from 30% to 62% through exercising a pre-agreed call option between Zain and the owners of Athir National (Bahrain), which is one of the 3 founders of Atheer Telecom Iraq Ltd. (Zain Iraq) for a total consideration of US$ 34.477 million...

The highlight of the annual Zain management ACE meeting, held in Jordan at the Dead Sea’s King Hussein Bin Talal Convention Centre, was an inspirational speech given by Neil Armstrong, who in 1969, became the first man to walk on the moon. The meeting was held under the auspices of and attended by the Jordanian Prime Minister, Eng. Nader Dahabi; the Minister of Information and Communications Technology, Bassem Rousan and the CEO of the Telecommunication Regulatory Commission Dr Ahmed Hiasat.

Zain, the leading mobile telecommunication operator in the Middle East and Africa present in 22 countries, announces today its consolidated financial results for the third quarter of 2008. The results showed significant growth in revenues and net profit with customer numbers reaching 56.3 million...

Zain Group, the leading mobile telecom operator in the Middle East and Africa, announces the successful completion of its capital increase raising US$4.49 billion (KWD1.2 billion) with 99% of all shareholders subscribing. The number of subscribed shares exceeded 1.4 billion, bringing the total number of Zain shares to 4.28 billion with total shareholders’ equity reaching US$6.42 billion...

Zain, the leading mobile telecommunications operator servicing over 50 million customers in 22 countries across the Middle East and Africa, has won the Global Telecoms Business Wireless network infrastructure innovation award for ‘One Network’, the world’s first borderless mobile telecoms network service. The announcement was made today at the Global Telecoms Business Awards in London...

Zain, the leading mobile operator in 22 countries across the Middle East and Africa announces the launch of commercial services in the Kingdom of Saudi Arabia, commencing August 26, 2008. With the launch, the Kingdom joins and connects to Group’s renowned and world’s first borderless mobile service ‘One Network’ offering over 45 million Zain customers in 16 countries favorable rates for cross-border communications...

Kuwait's Mobile Telecommunications Company KSC “Zain” announces the commencement of subscription to its capital increase; that will run throughout the period August 17 to September 18, 2008. This capital increase is expected to raise US $4.5 billion which the company will utilize to finance future expansion plans and meet financial commitments.All branches of National Bank of Kuwait (NBK) will provide a prospectus and accept application forms with payment from eligible Zain shareholders...

Mobile Telecommunications Co KSC operating under the brand name ‘Zain’ across 22 countries in the Middle East and Africa, has announced that application forms and prospectus of its impending capital increase will be available at all National Bank of Kuwait's (NBK) branches starting August 17 and closing on September 18, 2008.