14 Oct 2010
(MENAFN) The Chairman of Zain Group said that the Kuwait-based telecom giant has posted a 411% jump in net income during the first nine months of this year to $3.37 billion, Reuters reported.
He pointed out that Zain’s customer base in Kuwait, Saudi Arabia, Bahrain, Iraq, Jordan and Lebanon, as well as Sudan and Morocco, expanded by 25 percent to 35.3 million clients.
Prominent shareholders in Zain agreed to a preliminary offer from Etisalat to purchase a 46pc stake in the firm for more than $10bn.
The two parties are still negotiating details to close the deal expected to be finalised before the year’s end.
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more