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Zain KSA profits grow at a faster rate than the Saudi Economy

Mobile Telecommunications Company Saudi Arabia (Zain KSA), announced on Sunday its third quarter financial results for the period ended Sept.30, 2013. Zain KSA continued to build on the strong positive ... Al-Deghaither, chairman of the Board of Directors of Zain KSA, said: “Q3, 2013 performance was primarily driven ...

28/10/2013 - 07:22 - comment 0

CMA approves Zain KSA capital restructuring

KSA), announced the approval of Zain KSA’s proposed Capital Restructuring. Mobile Telecommunications Company Saudi Arabia (Zain KSA), operator of one of the Kingdom of Saudi Arabia’s most up-to-date networks, today announced the approval of Zain KSA’s proposed Capital ...

Press Release - 28/05/2012 - 04:52 - comment 0

Zain KSA launches its new FRiENDi mobile package.

Zain KSA announces that it has launched the FRiENDi ... of packages and offers that Zain KSA has la Zain KSA announces that it has launched ... of a series of packages and offers that Zain KSA has launched since it penetrated the Saudi market.  ...

Press Release - 10/01/2011 - 12:44 - comment 0

Zain KSA” and Ericsson Sign Agreement to Provide 4G/LTE Network in the Kingdom

to enjoy higher speeds and a host of innovative high quality multimedia services. "Zain KSA ... Chief of operation at "Zain KSA", said, “This agreement symbolizes a landmark project ... blogs and downloaded video. With LTE, "Zain KSA" customers will enjoy unparalleled broadband ...

14/08/2010 - 17:20 - comment 0

Nomura gives ‘buy’ on Mobily stock, cautious on STC, Zain KSA

for this year’s first quarter.   Meanwhile, Zain KSA, which has yet to register a profit, was given ... share. “Our view towards Zain KSA, the most recent entrant to the market, is weighed down by the licence ...

14/08/2010 - 17:54 - comment 0

NCB Capital: valuations are key attraction of KSA telecom sector

ZAIN KSA A turnaround story, remain Overweight “We maintain our Overweight call on Zain ... to the increasing competition from Zain and the entrance of the MVNOs, as well as the reduction in Hajj visas, ... regional peers.  “We maintain our Overweight ratings on Mobily, Zain and STC, with Mobily remaining our ...

Press Release - 30/09/2013 - 04:41 - comment 0

Landmark US$ 2.5 Billion Murabaha financing facility to support Zain Saudi Arabia's future growth

Zain Saudi Arabia (“Zain KSA”) today held the closing for a US$ 2.5 billion Murabaha financing ... is an enormous vote of confidence by the International financial community in Zain KSA’s performance to date ... at a vital stage of Zain KSA’s business growth cycle, will play an important role in achieving this goal.” In ...

14/08/2010 - 17:34 - comment 0

NCB Capital: KSA telecom sector remains attractive due to high dividends

revenues to reach SR26.1bn in 2014E (up 3.7% YoY).”   ZAIN KSA Operating performance ... We remain Overweight on STC and Mobily and Neutral on Zain.  “The slowdown in the sector is a key ... EBIT margins by 232bps and 54bps at STC and Mobily, respectively, while reduced losses for Zain ...

Press Release - 21/10/2014 - 08:06 - comment 0

Getting carded in the KSA: male verification requirement lifted for women, ID card now "enough" for proof of self

KSA courts ruled that women can prove identity by only ID card now rather than having a man be present to verify. The Supreme ... Suhaila Zain Al-Abideen, a social activist and member of the National Society for Human Rights, said ...

Editor's Choice - 12/02/2014 - 06:23 - comment 0

Etisalat updates proposal to acquire shares in Zain

of conditions, which include: the successful disposal by Zain of its entire interest in Zain KSA in a timely ... to acquire certain shares in Mobile Telecommunications Company LLC ("Zain") . ... Company LLC ("Zain") to provide that the offer is binding subject to a number of conditions. ...

03/11/2010 - 13:26 - comment 0