Zain

  • Zain’s Board of Directors accepts the resignation of Dr. Saad Al-Barrak

    04 February 2010

    The 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 2010

    Mobile 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 2010

    Zain 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 2010

    Zain 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 2010

    Unfortunately, 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 2010

    Zain, 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...

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For all press releases prior to December 31, 2009, please visit the archives page from the link below