Wednesday 26 April 2017
 
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zain saudi

Zain Saudi, Huawei partner for mobile service

Zain Saudi Arabia and Huawei Tech Investment Saudi Arabia have signed a five-year managed services agreement that will enable the Saudi operator to enhance its customer experience through world-class voice and data services. Huawe

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Zain Saudi Q4 net profit surges 7pc to $303m

Zain Saudi Arabia, a leading telecommunications provider in the kingdom, has registered a gross profit of SR1.14 billion ($303 million) in the fourth quarter, up 7 per cent over SR1.06 billion ($282 million) for the same period in 2015.

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Licence extension will save $115m annually: Zain Saudi

Telecom operator Zain Saudi Arabia announced that it received a 15-year extension to its licence, will save SR433 million ($115 million) per year because the amortisation charge associated with the licence will be lower. The unifi

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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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