Press Releases

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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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