Zain inks US$800m revolver
Kuwait’s Zain Group has closed a US$800m five-year revolving credit facility, replacing a US$867m revolver which expires this month. The ...
Tag: National Bank of Kuwait
Zain Bahrain files IPO request
Bahrain’s ministry of industry and commerce has received a request from mobile operator Zain Bahrain to list on the country ...
Viva Kuwait seals US$270m financing
Kuwaiti mobile operator Viva has signed a US$270m multi-currency financing agreement with National Bank of Kuwait (NBK) to fund its ...
Wataniya shares sold too cheap – analysts
Qtel has increased its majority stake in Wataniya Telecom Kuwait at a price 15% lower than fair value, according to ...
Wataniya board recommends QTel’s US$2.2bn tender offer
The board of directors of Wataniya of Kuwait has recommended to its shareholders to sell their shares in Qtel’s US$2.2bn tender ...
Zain Iraq CEO steps down
Zain Iraq’s CEO Emad Makiya has resigned from the position with immediate effect. The mobile operator, part of the Kuwait-based ...
Qtel makes US$2.3bn offer for Wataniya – report
Incumbent Qatar Telecom (Qtel) has offered KD640m (US$2.3bn), or KD2.67 per share, to buy the remaining 47.5% stake it does ...
Qtel in US$1.9bn deal to buy remaining Wataniya stake
Qatar Telecom (Qtel) has made an offer to take full control of Kuwait’s National Mobile Telecommunications (Wataniya Telecom) in a ...
