Zain

Kuwait's Mobile Telecommunications Company KSC “Zain” announces the commencement of subscription to its capital increase; that will run throughout the period August 17 to September 18, 2008. This capital increase is expected to raise US $4.5 billion which the company will utilize to finance future expansion plans and meet financial commitments.All branches of National Bank of Kuwait (NBK) will provide a prospectus and accept application forms with payment from eligible Zain shareholders...

Mobile Telecommunications Co KSC operating under the brand name ‘Zain’ across 22 countries in the Middle East and Africa, has announced that application forms and prospectus of its impending capital increase will be available at all National Bank of Kuwait's (NBK) branches starting August 17 and closing on September 18, 2008.

The recent launch of Zain in Africa was celebrated with a series of spectacular events, attended by over 100,000 people. The events took place simultaneously across the company's 14 African markets and were linked by the most ambitious live satellite link-up the continent has ever seen. Millions also watched the events on television. The rebranding concerts were attended by some of Africa’s senior diplomats, VIPs, artistes and celebrities in all 14 countries who witnessed live speeches and festivities through an hour long live satellite feed that linked all countries to each other...

Zain Group, the leading telecommunications mobile operator servicing over 50 million customers in 22 countries across the Middle East and Africa, today announced it has re-branded its entire African operations from Celtel to Zain (www.zain.com). The move coincides with the linking of the world’s first borderless mobile service ‘One Network’ across two continents.

Zain, the leading mobile telecommunication operator in the Middle East and Africa present in 22 countries, announces today its consolidated financial results for the first half of 2008. The results showed significant growth in revenues with customer numbers exceeding 50 million. For the first half of 2008, Zain Group recorded consolidated revenues of US$ 3.488 billion, an increase of 26% compared to H1-2007. The company’s consolidated EBITDA increased by 20% for the same period to reach US$ 1.305 billion. Zain consolidated net profits reached US$ 551.5 million, an increase of 7% on H1-2007 profits...

Zain subsidiary Celtel won the award for the Best Telecoms Operator in Africa at the prestigious 2008 Business in Africa Awards held in London recently, beating a host of other operators to win the award. The awards aimed at highlighting the growth and potential of the business landscape across Africa, while rewarding excellence and world-class best practices across the continent...

The Zain Group, the leading mobile telecommunications company in the Middle East and Africa, sponsored a vast outdoor concert in Hyde Park, London, honoring former President of South Africa and Nobel Prize winner, Mr Nelson Mandela on the occasion of his 90th birthday. The event was not short on emotion. It was the famous statesman’s final public appearance but of equal importance was the fact that it raised much-needed funds for charity, primarily through Mandela’s 46664* campaign and the motto, “It’s in our hands”...

Zain is sponsoring this year’s charitable activities in London organized by the internationally renowned charitable organization, the BMG Foundation. A two day event, commencing on 18 June 2008, Zain is a Diamond Sponsor to a programme of high-profile events that includes Arabian music performed by gifted artists from the Arab World (Al Farabi Concerto), an exhibition of modern Saudi Arabian Art (ArtAlive) and the annual GCC Polo Match that includes a team led by HRH The Prince of Wales against the GCC team....

Senior executives from Zain Group meet world renowned statesman, former President of South Africa and Nobel Prize winner Mr Nelson Mandela, at his Johannesburg office in South Africa to discuss his forthcoming 90th birthday concert to be held in London on 27 June, 2008. Zain Group, parent of Celtel International, is one of the two main sponsors the concert, along with Mercedes.

Zain Group, the leading mobile telecommunications in the Middle East and Africa, is proud to announce that it will sponsor the international concert honouring Nelson Mandela’s 90th birthday and will raise funds for his charitable work. At the concert, which will be held in London, many of the world’s most powerful and instantly recognisable figures and an audience of 46,664 will pay their tributes to one of the world’s most loved leaders, Nobel Peace Prize Laureate and icon of freedom, Nelson ‘Madiba’ Mandela, as he turns 90 later this year...