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FINANCIAL NEWS
Kuwait Zain to acquire in Oman’s inwi
27 Feb 2014
(MENAFN) Kuwait’s Zain Group, one of the Middle East’s largest telecoms operators, plans to increase stake in Morocco’s inwi, according to Arabian Business.
Zain currently owns 15.5 percent stake in inwi, and intends to increase its shareholding in the mobile operator.
CEO of Kuwait’s Zain Group, Scott Gegenheimer said: “We think it’s a very well run company, we’d love to increase our stake.”
Gegenheimer added that Zain also plans to acquire in North Africa, in several sectors, such as internet service providers (ISPs) and content.
More News
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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