Tuesday 27 September 2016
 
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Zain Saudi refinances $600m loan

Telecommunications operator Zain Saudi Arabia said on Tuesday it would save SR175 million ($46.7 million) by using a Chinese bank to refinance a SR2.25 billion ($600 million) loan that it had secured just two months ago. The new,

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Zain Saudi refinances $600m loan

Telecommunications operator Zain Saudi Arabia said on Tuesday it would save SR175 million ($46.7 million) by using a Chinese bank to refinance a SR2.25 billion ($600 million) loan that it had secured just two months ago. The new,

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Zain Saudi Q2 net loss widens, misses forecasts

Telecommunications operator Zain Saudi reported a wider second-quarter loss on Thursday, missing analysts' forecasts. The company has yet to make a quarterly profit since launching services in 2008 and has battled to compete a

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Zain Saudi Q4 net loss narrows on higher revenue

Zain Saudi's net loss narrowed in the fourth quarter from a year earlier thanks to a 7 per cent rise in revenue and better cost management, the telecoms company said in a bourse filing on Thursday. The company, 37-per cent own

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Zain Saudi Q4 net loss narrows on higher revenue

Zain Saudi's net loss narrowed in the fourth quarter from a year earlier thanks to a 7 per cent rise in revenue and better cost management, the telecoms company said in a bourse filing on Thursday. The company, 37-per cent own

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Zain Saudi Q2 net loss narrows

Telecom operator Zain Saudi reported a narrowing second-quarter loss on Wednesday, beating analyst forecasts as its operational performance improved. The company has yet to make a quarterly profit since launching services in 2008

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Zain Saudi to appeal $165m zakat, tax order

Zain Saudi will appeal an order from Saudi Arabia's Department of Zakat and Income Tax for extra payments worth SR619 million ($165.1 million) for the years 2009-2011, the kingdom's number three telecommunications operator said.

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Zain Saudi, Huawei launch LTE mobile broadband

Zain Saudi Arabia, a leading telecommunications provider in Saudi Arabia, and global ICT solutions provider, Huawei, have launched the first commercial LTE-Advanced Carrier Aggregation in two frequency bands (Band 1 and Band 3) network in the wo

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Mobily seeks arbitration on money owed by Zain Saudi

Saudi Arabia's second-biggest telecom operator Mobily has asked for arbitration about money it claims it is owed by smaller rival Zain Saudi , Mobily said on Tuesday. Mobily in 2008 signed an agreement with Zain Saudi, an affi

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Zain Saudi, Huawei sign strategic tie-up

Zain Saudi, a the leading telecom in the country, and Huawei, a leading global ICT solutions provider, signed an agreement aiming to further advance Zain’s network infrastructure, managed services, and applications in Saudi Arabia.

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