Mideast 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-2020
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Mobile Telecommunications Company K.S.C.P (ZAIN.KW)
Also known as: Zain Group
Lebanese 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-2016KSE index up 15.96 points to close at 5,316.47 pts
KUWAIT CITY: Kuwait stocks bounded 0.3% or 15.96 points higher to 5,316.47 points, starting the week off in the green but down 5.32% on a year to date basis. The weighted index shifted 1.15 points higher to 366.22 points.
Arab Times - 19-Apr-2016Kuwait's Zain says Iraq regulator revives complaint
Iraq's telecommunications regulator has revived a complaint against local unit of Kuwait's Zain which could involve the imposition of a USD100 million fine on company, Zain said.
Reuters News - 04-Apr-2016Kuwait telco Zain says no developments in tower sale plan
Telecommunications operator Zain said there were no fresh developments in its plans to sell mobile transmitter towers in Saudi Arabia and its domestic market Kuwait.
Reuters News - 20-Mar-2016Kuwait's Zain writes to Iraq PM to complain of treaty breach -source
Kuwait's Zain has written to Iraq's prime minister saying Baghdad had breached a bilateral investment treaty.
Reuters News - 02-Mar-2016KSE index falls 51.76 pts lower to 5,571.93 points
Kuwait stocks plunged 51.76 or 0.92% lower to 5571.93 points at the start of the week as low risk attitudes prevailed. The bourse marked a 31.83% drop in volume from last week's close. The weighted index ebbed 0.94 points lower to 380.46 points. The KSE benchmark slipped 0.14 points lower to 902.02 points. The number of trades stood at 2,008 with a low volume of 54.13 million shares exchanged for
Arab Times - 22-Dec-2015Kuwait's Zain appoints Alrowdan as CEO for local unit - statement
Kuwait's Zain ZAIN.KW has appointed Iman Abdulmohsin Alrowdan as chief executive of its local unit.
Reuters News - 02-Nov-2015UPDATE 1-Kuwait's Zain extends earnings slump as Q3 profit falls 18 pct
Zain, Kuwait's No.1 telecom operator by subscribers, reported an 18% fall in third-quarter profit, extending a sustained earnings slump.
Reuters News - 25-Oct-2015Kuwait's Zain extends earnings slump as Q3 profit falls 18 pct
Zain, Kuwait's No.1 telecom operator by subscribers, reported an 18% fall in third-quarter profit, extending a sustained earnings slump.
Reuters News - 25-Oct-2015UPDATE 1-Kuwait's Zain Q2 net profit falls 33 pct
Zain, Kuwait's biggest telecom operator by subscribers, reported a 33% fall in second-quarter profit.
Reuters News - 29-Jul-2015Kuwait's Zain Q2 net profit falls 34 pct
Zain, Kuwait's No.1 telecom operator by subscribers, reported a 34% fall in second-quarter profit on Wednesday, extending a sustained earnings slump.
Reuters News - 29-Jul-2015Iraq's telecom regulator scraps $100 mln fine against Kuwait's Zain
Iraq's telecoms watchdog scrapped a USD100 mln fine imposed mobile phone operator, Zain Iraq, Kuwaiti parent firm Zain said, ending a case that had dragged on for several years.
Reuters News - 15-Jun-2015Kuwait telco Zain Q1 profit falls 26.7 pct
Zain, Kuwait's No.1 telecom operator by subscribers, reported a 26.7% fall in first-quarter profit.
Reuters News - 12-May-2015Company 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 | 578.000 KWf | -0.86 |
| HAYAT COMMS | 45.000 KWf | 0.00 |
Monday Outlook: Asian stocks cautious; dollar holds gains
Gold steady on virus fears; oil on the rise on U.S. stimulus hopes
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