Zain Iraq picks IPO bank
Zain Iraq, a mobile subsidiary of Kuwaiti operator Zain, has mandated Melak Investments to lead its initial public offering. Saif Altimen, head ...
Tag: Zain
Zain ups stake in Bahrain arm to keep control post IPO
Kuwait’s Zain has bought an extra 6.25% stake for US$12.5m in its Bahraini mobile subsidiary, pushing its holding to 62.5%. ...
Zain signs US$250m Islamic loan to support expansion
Kuwaiti telecoms group Zain has secured a US$250m murabaha facility to finance its operational and expansion needs. The Islamic loan ...
Operators to share networks across Africa, Middle East
Eight of the largest operators in Africa and the Middle East are studying network infrastructure sharing initiatives across the regions, ...
Zain Saudi Arabia appoints new chairman
Zain Saudi Arabia has named Farhan Bin Naif Al Faisal Al Jarbaa as its new chairman. Al Faisal replaces Fahad ...
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 ...
Ravinder Takkar to take helm of Vodafone Romania
Vodafone Romania has named Ravinder Takkar, head of the UK-based group’s partner markets business, as its incoming CEO. Takkar will ...
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 ...
Iraq plans US$307m base price for 3G licences – report
Iraq’s council of ministers has agreed to auction 3G licences for a reported US$307m each, although an auction is unlikely ...
Zain names new head of South Sudan operations
Kuwait-based Zain Group has appointed Basel Manasrah as CEO of Zain South Sudan, replacing Wassim Mansour, who reverts to his ...
