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.
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BBK discloses its financial results for the half year ended 30th June 2025
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CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
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BBK hosts executive leadership session on digital assets in collaboration with Rain
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BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
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BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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