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Zain launches award winning mobile commerce service 'Zap' in Ghana
17 March 2010'Zap’, Zain’s award winning mobile commerce service that allows customers to use their mobile phones like a mobile wallet to pay for goods and services and conduct banking services regardless of the type of handset they use, was launched today in Accra. Zap is a novel product that provides the most comprehensive and accessible package of m-commerce features currently available anywhere in the world.
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US$1 million to be won as Africa’s most successful TV show- Zain Africa Challenge-returns
25 February 2010Zain is happy to announce the fourth season of the hugely popular Zain Africa Challenge, the first ever televised international academic quiz show featuring Africa’s top university students and which will be watched by more than 200 million people across Africa.
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Inspiring big ideas in you: Zain unveils ‘My Business’ in Nigeria
23 February 2010Zain has announced the introduction of ‘My Business’ in Nigeria, a unique package that is specially designed to assist and improve the efficiency of mobile usage for business people and their workforce. ‘My Business’ is a result of extensive research conducted across several Zain markets to uncover what entrepreneurs require from their mobile service provider to support their day to day commercial activities, so they have the peace of mind and more time to focus on big ideas and grow their businesses...
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Zain´s Zap Mobile Commerce service takes GSMA top prize
16 February 2010Zain, the leading mobile network operator in the Middle East and Africa, has won the inaugural GSMA’s 2010 ‘Mobile Money for the Unbanked Service’ award for ‘Zap’, its mobile commerce service. The announcement was made at the Global Mobile Awards, the industry’s leading annual prize ceremony, at the Mobile World Congress in Barcelona...
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Zain in exclusive discussions with Bharti over sale of Zain Africa BV
14 February 2010The Board of Directors of Mobile Telecommunications Company KSC, ‘Zain’, after its meeting on February 14, 2010, issued a resolution to accept a proposal received from Bharti Airtel Limited (“Bharti”) to enter into exclusive discussions until 25 March 2010 regarding the sale of its African unit, Zain Africa BV (“Zain Africa”). This proposal does not include Zain’s operations in Sudan or its investment in Morocco. Any decisions to distribute dividends or not reverts to the recommendation of the Board of Directors and the ratification of the General Assembly. Bharti’s proposal is currently subject to due diligence, customary regulatory approvals and signing of final transaction documentation. There can be no assurance that a transaction will be consummated. Further announcements will be made in due course.
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Zain statement on African Assets
14 February 2010“Zain has received an offer in relation to its operations in Africa excluding Morocco and Sudan. The Board of Directors of Zain will be discussing this proposal on Sunday 14 February 2010 at 12:30 PM Kuwait time. Further announcements will be made as appropriate.”
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Nabeel Bin Salamah appointed Chief Executive of Zain Group
11 February 2010Zain, the leading mobile telecommunications provider in the Middle East and Africa, announces that the Board of Directors of Mobile Telecommunications Company KSC, ‘Zain’, has appointed Mr Nabeel Bin Salamah as Chief Executive of the Group, effective Sunday, February 14, 2010. The Board of Directors state their confidence in the professional capabilities of Mr Bin Salamah in continuing the Company’s future direction and path in maximising shareholder value.
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Zain’s Board of Directors accepts the resignation of Dr. Saad Al-Barrak
04 February 2010The Board of Directors of Mobile Telecommunications Co. “Zain” held a meeting at 13:00 on Thursday, February 4, 2010 to discuss the resignation submitted by the company’s Managing Director and Vice Chairman, Dr. Saad Al Barrak. Following extensive deliberation among the board members, the resignation was accepted and will be effective March 1, 2010.
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Statement on Resignation of the Managing Director & Deputy Chairman, Zain Group
03 February 2010Mobile Telecommunications Co KSC trading as ‘Zain’ announces that Dr Saad Al Barrak, Managing Director and Deputy Chairman, Zain Group has submitted his resignation to Mr Asaad Al Banwan, Chairman of the Board of Directors of Zain. The Chairman will convene the Board of Directors at the soonest convenient time to deliberate on this matter. The company has notified the Kuwait Stock Exchange and will immediately inform all stakeholders on any future and relevant updates.
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Zain reaffirms its sound financial position, confidence in KSA market potential
26 January 2010Zain Saudi Arabia confirmed today that it had obtained waivers from the lenders of the Murabaha Islamic facility which the company had signed in August 2009, pointing out that the waivers are related to updated operational milestones for the fiscal year ended December 31, 2009. The company also stated that in addition it has agreed with the banks to provide them with updated quarterly milestones for year-end 2010.
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Bridging the Gap as Zain and Palestine’s Paltel connect through ‘One Network’
26 January 2010Zain and Palestine Communications Group (Paltel) announce the launch of the groundbreaking ‘One Network’ service between Jordan and Palestine, serving over 4 million mobile customers in both countries. ‘One Network’ provides all Zain customers to be billed as local clients for voice and data services and receive free incoming calls when traveling to any country covered by the Zain network. The move will see Paltel’s mobile service, Jawwal, join the service initially on February 1, 2010 with Zain Jordan only at this stage and eventually it is planned to expand the connection to all other 22 Zain ‘One Network’ countries across the Middle East and Africa...
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Warning Notice, fraudulent emails from Zain impersonators
17 January 2010Unfortunately, email and online fraud are continuing concerns for virtually all businesses that operate on the Internet. Please be aware that, from time to time, fraudulent emails have been circulated that appear to be from Zain or Zain Telecommunications or similar but which are, in fact, sent by imposters for illegitimate reasons. Please note that Zain will only ask you to upload your CV on http://careers.zain.com and will never ask for your CV or other personal financial details through e-mail. Zain shall not be held responsible for any loss or damage incurred in the event that you choose to send your personal information via e-mail.
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Zain expands ‘Zap’ Mobile Commerce service to Malawi, Niger and Sierra Leone
06 January 2010Zain, the leading mobile telecommunications provider in the Middle East and Africa, announced the expansion of ‘Zap’, its award-winning mobile commerce service to the African nations of Niger, Sierra Leone and in the boundaries of a full commercial pilot in Malawi. The move follows the successful launch of the service in Kenya, Tanzania and Uganda in February 2009 where more than 10 million people have already used the service. With this expansion, Zain is now the biggest mobile commerce operator in the world in terms of geographic coverage, enabled customers and service functionalities...
For all press releases prior to December 31, 2009, please visit the archives page from the link below