Zain Saudi Arabia (Zain KSA) posted record financial results for the year ended December 31, 2015, reaching EBIT breakeven in two consecutive quarters during the year.
The company's revenues grew by 9 per cent year-on-year (Yo
Saudi Arabia's Capital Market Authority (CMA) has apporved Mobile Telecommunications Company Saudi Arabia's (Zain KSA) capital restructuring plan, a statement said.
The approval follows the decision by Zain KSA’s board of director
Zain Saudi Arabia (Zain KSA) today closed a $2.5 billion Murabaha financing facility, which will be used to repay its existing Murabaha and fund its network expansion and future growth.
The term of the facility is two years with options o