Sudanese judge urges end to post-coup internet blackout
Mobile internet services across Sudan have been cut since the military seized power
Reuters News - 11-Nov-2021
In partnership with
Mobile Telecommunications Company K.S.C.P (ZAIN.KW)
Also known as: Zain Group
Amazon Web Services opens office in Kuwait
Company says the new office will support the growing number of customers, which include government agencies, in Kuwait
ZAWYA - 04-Oct-2021Internet disrupted, streets quiet in South Sudan after call for protests
The capital Juba was quieter than usual as residents sheltered inside
Reuters News - 30-Aug-2021Kuwait's Zain to invest $10mln in Swvl, Queen's Gambit merged entity
Swvl will be the first $1.5bln unicorn in the Middle East to list on Nasdaq
Mubasher - 01-Aug-2021Kuwait Zain Group to pay interim dividend as Q2 net profit rises 17% to $138mln
Currency devaluations in Iraq and Sudan hit revenue
ZAWYA - 15-Jul-2021Mideast Stocks: Factors to watch on July 15
Asian shares advance as China data better than feared
Reuters News - 15-Jul-2021MENA equity capital market: Issuances total $4.6bln in 2020, down 86% from 2019
The largest ECM issuance in MENA was the $1.2bln follow on from Zain KSA in October 2020, according to Refinitiv data
ZAWYA - 12-Jan-2021Mideast Stocks: Factors to watch on January 4
Asia shares hit record, Nikkei restrained by risk of Tokyo virus curbs
Reuters News - 04-Jan-2021Omantel's towers attract three bidders for deal worth over $500mln - sources
The asset sale by the state-controlled company comes as Oman, a Gulf crude producer, seeks to raise cash after the coronavirus crisis and low oil prices hurt its finances
Reuters News - 14-Dec-2020Zain Group's CEO- operations resigns as company posts $30mln y-o-y Q3 profit fall
Scott Gegenheimer is to leave the Kuwait-based company within 11 days, but no official reason was given for his departure
ZAWYA - 04-Nov-2020Mideast stocks: Factors to watch on November 2
Asian shares rebound on strong China data, oil on slippery slope
Reuters News - 02-Nov-2020Telecom giant Zain Saudi to cut capital by $360mln to offset losses
As part of the move, 135mln shares of the company will be cancelled
ZAWYA - 11-Oct-2020Mideast Stocks - Major Gulf markets mixed; S&P revises Kuwait's outlook
Kuwaiti index retreated 1%, as most of its stocks traded in negative territory
Reuters News - 19-Jul-2020Lebanese government to take back mobile networks ahead of new tender
The new tender will be ready within three months, Hawat said in a tweet.
Reuters News - 05-May-2020Mideast Stocks: Saudi leads Gulf lower as coronavirus fears escalate
Saudi Arabia's benchmark index declined 1.2%, dragged down by losses at banking shares
Reuters News - 24-Feb-2020Mideast Stocks: Factors to watch on February 13
Jump in new coronavirus cases stymies stock rally
Reuters News - 13-Feb-2020Mideast Stocks: Most Middle Eastern stocks decline
27 of 30 Egyptian stocks drop
Reuters News - 12-Feb-2020Mideast Stocks: Weak earnings hurt Dubai, Qatar; banks aid Saudi index
Dubai's main share index was down 0.3% with blue-chip developer Emaar Properties falling 1%
Reuters News - 12-Feb-2020Mideast Stocks: Saudi, Dubai hit by weak corporate earnings; Egypt edges up
DAMAC Properties touches all time low
Reuters News - 11-Feb-2020Mideast Stocks: Saudi, Dubai fall on weak corporate earnings
Saudi Arabia's benchmark index retreated 0.6%, pulled lower by a 2.6% decline in Al Rajhi Bank
Reuters News - 11-Feb-2020Sudan court orders company to end military-ordered internet blackout - lawyer
Blackout hurting Sudan's economy, humanitarian efforts
Reuters News - 23-Jun-2019Monthly markets review: MENA markets plunge in May; Saudi stocks worst hit
The aggregate stock market index of the six Gulf Cooperation Council countries + Egypt dropped 2.76% during the 31-day period
ZAWYA - 13-Jun-2019INTERVIEW: Sam Darwish - Group CEO at IHS Towers, accidental engineer who found his calling
Arabian Gulf is the main focus of IHS and the company has already struck regional agreements to buy towers from telecoms operators Zain Kuwait and Zain KSA
Arab News - 25-May-2019Telecoms tower company IHS plans ‘up to 30,000’ sites in Saudi Arabia
The Mauritius-headquartered IHS said in March it had struck a deal with Zain KSA to buy its 8,100 towers in Saudi Arabia
Arab News - 24-May-2019Intense competition to impact telecom market ahead of third operator’s entry in Oman
Vodafone is set to become a strategic partner in Oman’s third mobile communication operator for which the licence is likely to be issued soon
Muscat Daily - 16-May-2019Mideast Stocks: Global trade tensions, Ramadan dent appetite for Gulf stocks
Emaar Misr falls on lower Q1 results
Reuters News - 08-May-2019Wednesday outlook: Asian shares retreat on trade tensions
Wall Street stocks retreated overnight, with the S&P 500 losing 1.65 percent and the Dow shedding 1.8 percent
ZAWYA - 08-May-2019Mideast Stocks: Oil, geopolitical tensions weigh on Saudi; most Gulf markets down
Kuwait jumps ahead of MSCI decision
Reuters News - 07-May-2019Saudi Zain signs agreement worth $666mln with IHS Holding ltd.
The agreement stipulates for the sale of the infrastructure of 8,100 towers, with a lease back period of 15 years
Arab Times - 28-Mar-2019Monthly markets review: Egyptian stocks outshine the region in February, Qatar's index worst hit
Dubai's index saw traction in high-yielding dividend companies, while Abu Dhabi's index was boosted by FAB and Aldar Properties, analyst says
ZAWYA - 04-Mar-2019Innovation festival Unbound returns to Bahrain
Festival celebrates the kingdom’s commitment to creating a digital economy and fuelling a digital future for the wider Mena region
TradeArabia - 20-Feb-2019Kuwait emerges as second largest M&A target market in GCC
The number of transactions in Kuwait grew by 163% between 2014 and 2018
Arab Times - 16-Feb-2019Kuwait emerges as second largest M&A target market in GCC
The number of transactions in Kuwait grew by 163% between 2014 and 2018
Arab Times - 16-Feb-2019Mideast Stocks: Factors to watch on February 14
Here are some factors that may affect Middle East stock markets on Thursday
Reuters News - 14-Feb-2019Kuwait-based Zain offers paid leave to new working mothers
The incoming flexible work program will complement Zain Group’s recruitment, retention and development efforts
TradeArabia - 22-Jan-2019Zain Group introduces revolutionary HR policy embracing working mothers
Extending maternity leave period to 4 months, with flexible hours thereafter
Kuwait Times - 20-Jan-2019Sudan restricts social media access to counter protest movement
Activists trying to share news on protests
Reuters News - 02-Jan-2019Gulf markets retreated this week, dragged lower by weakness in global markets and oil prices
A drop in oil prices and weak investor sentiment weighed on equities worldwide and in the GCC
ZAWYA - 20-Dec-2018Monday outlook: Asian shares drop on trade tensions between U.S. and China
Asian shares dropped on Monday on escalating trade tensions between the U.S. and China. Kuwait's stock market dropped ahead of FTSE emerging market inclusion. Oil prices gained on tightening supply. More commentary on currencies and precious metals
ZAWYA - 24-Sep-2018Sunday outlook: World stocks, oil prices end the week higher
Global markets surged on Friday driven by expectations that China will add more money into its economy to weather a trade war with the United States. Kuwait's index made gains on Thursday as investors looked ahead to the stock market joining the FTSE Russell emerging market index next week. More commentary on oil prices, currencies and precious metals.
ZAWYA - 23-Sep-2018Zain Kuwait’s profits rise 7% in Q1
Kuwait's Zain logged KWD 40.9 million in Q1-18
Mubasher - 13-May-2018Omantel completes 12% stake buy in Kuwait's Zain
Omantel will own around 21.9 percent of Zain
Reuters News - 12-Nov-2017MIDEAST STOCKS-Qatar may rebound, Omantel interest may boost Kuwait's Zain
Most stock markets in the Gulf look set to consolidate on Monday but Qatar could rebound after appearing to find at least a short-term floor on Sunday.
Reuters News - 09-Oct-2017Omantel to buy nearly 10% of Kuwait's Zain Group for $846.1mln
The share purchase, subject to regulatory approval, was announced days before Oman is to shortlist qualified applicants for a third mobile license which Zain has bid for.
Reuters News - 10-Aug-2017Kuwait's Zain Group reports 3 pct rise in Q1 profit
Zain made KWD38 million ($124.95 million) in the three months to March 31.
Reuters News - 02-May-2017Kuwait's Zain and Saudi Telecom vie for Oman telecom licence
Kuwait's Zain Group and Saudi Telecom have both applied to become the third mobile operator in Oman.
Reuters News - 02-May-2017MIDEAST STOCKS-Dubai outperforms early on in otherwise lethargic Gulf
Most stock markets in the Gulf moved little in early trade on Monday because of flat global equity markets and crude oil prices
Reuters News - 06-Feb-2017UPDATE 1-Kuwait's Zain says Q2 net profit up 14 pct as FX losses decline
Zain , Kuwait's No.1 telecom operator by subscribers, reported a 14 percent rise in second-quarter profit.
Reuters News - 31-Jul-2016Bahrain moves to strengthen ICT services
Bahrain's latest master plan aims for countrywide high-speed internet
Oxford Business Group - 23-Jun-2016UPDATE 1-Zain Saudi's CEO says on track as losses narrow
Mobile telecoms network operator Zain Saudi reported a further fall in its first-quarter net loss on Thursday and said it was still on course to turn profitable.
Reuters News - 21-Apr-2016Company information provided by Refinitiv
Refinitiv research team update company information from primary sources (company annual reports, press releases, company websites, corporate briefings, official statements/interviews) and reliable secondary sources (stock markets, reliable third party publications).
Peers
| Stocks | Last Price | % Change |
|---|---|---|
| NAT MOBILE TELE | 665.000 2039 | -0.60 |
| HAYAT COMMS | 111.000 2039 | 0.00 |
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