Wednesday 22 May 2013
 
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Zain Iraq

Zain Iraq plans Baghdad listing by early 2013

Iraqi mobile phone company Zain Iraq plans to go ahead with a long-delayed stock market listing in Baghdad by early 2013 at the latest, its chief operating officer said on Tuesday. Zain Iraq, owned by Kuwaiti telecom group Zain, s

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Zain Iraq chief executive steps down

Kuwaiti telecoms company Zain said its Iraqi unit has announced key changes in its senior management starting with the CEO Emad Makiya, who has stepped down from his post on Wednesday. Zain Iraq, the country's leading mobile operato

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Zain Iraq invests $20m to list

Zain Iraq, the country's biggest mobile phone company, has invested about $20 million in its efforts to list on the local stock exchange, its chief executive said on Thursday. The Iraqi unit of Kuwait mobile phone operator Zain is required

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Zain Iraq faces difficult IPO deadline

Zain Iraq faces 'a big challenge' to meet an August deadline to launch an initial public offering and may end up floating less than a regulator-mandated 25-percent stake, its chief executive said. The operator, a unit of Kuwait'

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Zain signs up Nokia Siemens for Iraq operations

Zain Iraq has signed up Nokia Siemens Networks, a leading global enabler of telecoms services, to develop its home location register and also provide integration and consulting services for its smooth operations in the country. Z

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Zain Iraqi unit gets $400m debt facility

The Iraqi unit of Kuwait's telecom firm Zain said on Tuesday it had received a 7-year, $400 million debt facility from the World Bank's International Finance Corporation. 'The long-term debt facility will help Zain Iraq expand

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Zain Iraq to start ops in Kurdistan in 2011

The Iraqi unit of Kuwait telecoms firm Zain will start operating in Iraqi Kurdistan in January and expects to boost its subscriber base by up to two million in 2011, its chief executive said. Emad Makiya, the new CEO of Zain Iraq, said Zai

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Info2cell offers new SMS services in Iraq

Info2cell.com, a leading mobile application content and service provider, has launched three new SMS-based services for its subscribers in Iraq. The three services consist of the Banat Channel, a subscription-based SMS service catering to

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Zain announces key changes in Iraqi unit

Zain's Iraqi subsidiary, Zain-Iraq, has announced major changes in its operational management. As per this, Zain Iraq's entire mobile operation will be under the direct supervision of group CEO Nabeel Bin Salamah. Zain Group said o

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Motorola in deal to manage Zain Iraq network

Motorola on Sunday announced the signing of a multi-million dollar contract with Zain Iraq, the leading mobile provider in the country with over 9.7 million active customers, to provide managed services to the operator. The three-year cont

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