Press Releases

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Zain Group's Ordinary General Assembly held, 2014 Annual Report now available online

February 24, 2015

Zain Group's Ordinary General Assembly held, 2014 Annual Report now available online

Zain Group’s Ordinary General Assembly Meeting was held on 24 February 2015, at the company’s Head Office premises in Shuwaikh, Kuwait. The Meeting saw the presence of 70.5% of shareholders and among many items discussed at the Ordinary General Assembly Meeting included the approval of a 40% cash dividend of the nominal value per share (40 fils per share) for the financial year ended 31 December 2014 to shareholders registered on the company records as at the general assembly date of 24 February, 2014.

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Zain Jordan first in Kingdom to launch 4G LTE high-speed services

February 15, 2015

Zain Jordan first in Kingdom to launch 4G LTE high-speed services

Zain Group announces that its operation in Jordan officially launched 4G LTE services on 14 February, 2015, making it the first and only operator in the Kingdom to do so. The launch marks the 5th country that Zain has launched 4G LTE services across the region and the ninth country to introduce the technology in the Arab world.

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HRH Prince of Wales visits Zain Innovation Campus in Jordan to support country’s youth

February 09, 2015

HRH Prince of Wales visits Zain Innovation Campus in Jordan to support country’s youth

Zain Group announces the visit of His Royal Highness (HRH) Prince Charles, The Prince of Wales to the Zain Innovation Campus (ZINC) in Jordan on Sunday, 8 February to attend “Learning from Experience”, an event based on the theme of ‘Giving the Next Generation A Hand into Work’. HRH was accompanied by the British Minister for International Development. This one-off event brought together 70 talented Jordanian youth from across UK-funded programs, which offer world class training opportunities that help get them into productive employment. The event was hosted by Zain Jordan and jointly delivered by the British Embassy in Amman and the King Abdullah II Fund for Development .

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Planning for future: Zain holds first Digital & Innovation Forum in Jordan

February 08, 2015

Planning for future: Zain holds first Digital & Innovation Forum in Jordan

Zain Group announces the successful conclusion of its first ever Digital Innovation Forum, which was predominantly held at Zain Jordan’s Innovation Campus (ZINC) in Amman last week. The Forum saw participants from Zain Group and all operating company’s strategy, commercial and technical departments discussing future strategies and opportunities in the global digital space.

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Zain to participate in 2015 EFG Sailing Arabia - The Tour

February 07, 2015

Zain to participate in 2015 EFG Sailing Arabia - The Tour

Zain Group announces its participation in the 2015 EFG Sailing Arabia-The Tour (SATT) competition, the Gulf region’s leading offshore race organized by Oman Sail. Zain has partnered with global technology provider Huawei and global law firm Clifford Chance to race a high performance fully branded racing yacht - a ‘Farr 30’- that will carry the logos of all three partners. The 700 nautical-mile sailing route will start in Muscat, Oman on 15 February, pass through Sohar, Ras Al Khaimah, Abu Dhabi, Dubai, Doha, and will end in Manama, Bahrain on 26 February.

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Zain Group generated revenues of USD 4.3 billion, and recorded net income of USD 685 million for full-year 2014

February 01, 2015

Zain Group generated revenues of USD 4.3 billion, and recorded net income of USD 685 million for full-year 2014

Zain Group announces its consolidated financial results for the year 2014 and fourth quarter ended 31 December. For full-year 2014 the Group generated revenues of USD 4.3 billion and recorded net income of USD 685 million. Zain served 44.3 million customers at the end of the period, and is the market leader by customer base in six of its eight operations.

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Zain statement on media reports of selling of Towers

January 28, 2015

Zain statement on media reports of selling of Towers

In regard to media statements referring to Zain Group selling its tower networks in Kuwait and Saudi Arabia, Zain Group would like to inform all stakeholders that media reports that infer Zain is seeking to sell towers in several of the markets it operates are inaccurate and misleading

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Zain KSA concludes 2014 with significant growth

January 22, 2015

Zain KSA concludes 2014 with significant growth

Zain Saudi Arabia posted improved financial results for the fourth quarter ending 31 December, 2014, recording a significant 33% increase in EBITDA to reach SAR 275 million (USD 73.3 million). Zain KSA’s EBITDA margin rose to 17% in Q4 2014, up from 14% during the same period of 2013. Net losses narrowed by 34% year-on-year during the quarter to reach SAR 306 million (USD 81.6 million), down from SAR 462 million (USD 123.2 million) a year earlier, and reflect a 23% drop in net loss for the year.

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Embracing innovation: Zain partners MIT Enterprise Forum Arab Startup Competition

January 20, 2015

Embracing innovation: Zain partners MIT Enterprise Forum Arab Startup Competition

Zain Group announces its strategic partnership of the MIT Enterprise Forum Arab Startup Competition, joining founding partner Abdul Latif Jameel Community Initiatives in the eighth edition of the competition. The application deadline for the competition is February 15, 2015 and the winners’ ceremony will be held in Kuwait on April 20, 2015

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Third edition of Zain Great Idea in Kuwait commences

January 14, 2015

Third edition of Zain Great Idea in Kuwait commences

Zain Kuwait announced the third edition of the ‘Zain Great Idea’ (ZGI) accelerator program, after previous editions proved to be extremely successful. The company held a press conference at its headquarters where it introduced the program, having extended its partnership with Brilliant Lab; whose main aim is to help foster the growth of entrepreneurs in Kuwait, and Mind the Bridge, which aims at providing an adoptive environment for youth to accelerate their business ideas.

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Zain South Sudan picks up three accolades at prestigious Chambers Quality Awards 2014

January 13, 2015

Zain South Sudan picks up three accolades at prestigious Chambers Quality Awards 2014

Zain, the leading mobile telecom operator in South Sudan, announces its winning of three awards at the prestigious annual Chambers Quality Awards 2014 organized by the South Sudan Chamber of Commerce Investment and Agriculture (SSCCIA). Zain South Sudan was singled out as the winner of Best Telecom Company of the Year accolade; the Best Internet Provider of the Year; and the Best Innovative Campaign of the Year. Taken together, these awards confirm Zain South Sudan’s status as the leading communications provider in the country.

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Zain Iraq launches 3.9G services with first video call to country’s Telecom Minister

January 07, 2015

Zain Iraq launches 3.9G services with first video call to country’s Telecom Minister

Zain Group announces that its mobile operation in Iraq launched 3.9G voice and data services across the country on January 1, 2015. The launch came following the finalization of an agreement with Iraq’s Communications and Media Commission (CMC) on November 10, 2014, which culminated in Zain Iraq making an initial 25% payment towards the overall 3G spectrum fee of US$307 million

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Embracing creativity: Zain holds leadership workshop to support future direction

December 22, 2014

Embracing creativity: Zain holds leadership workshop to support future direction

Zain Group announces the successful hosting of a Creative Leadership Workshop, which was held in Kuwait under the patronage of Zain Vice-Chairman Bader Al Kharafi, Group CEO Scott Gegenheimer, Zain Kuwait CEO Omar Al Omar and attended by senior management from Zain Group and its eight operations. The workshop was run by creativity scholar Dr Babis Mainemelis, who is Associate Professor of Organizational Behavior at ALBA Graduate Business School at The American College of Greece.

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Five Zain executives feature prominently amongst CommsMEA’s notable female telecom professionals

December 14, 2014

Five Zain executives feature prominently amongst CommsMEA’s notable female telecom professionals

Zain Group, the pioneer in mobile telecommunications in eight markets across the Middle East and North Africa, is proud to announce that five of its female executives were ranked in the annual CommsMEA list of notable female telecommunications professionals across the region.

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Zain Kuwait voted as Middle East Operator of the Year at annual CommsMEA Awards

December 06, 2014

Zain Kuwait voted as Middle East Operator of the Year at annual CommsMEA Awards

Zain Kuwait, is proud to announce the award of the Best Middle East Operator of the Year accolade at a gala awards ceremony held in Dubai and hosted by respected regional telecom publication CommsMEA last week. This award marks a significant period for Zain Kuwait as recently it was also awarded the Best Telecom Operator in Kuwait accolade at the prestigious Arabian Business Achievement Awards 2014.

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