Thursday 28 May 2015
 
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Zain Iraq

Zain Iraq mulls share sale after Baghdad listing

The owners of Zain Iraq, the country's biggest mobile phone operator by subscribers, aim to sell 25 per cent of the company's shares after it joins Baghdad's bourse, parent firm Zain said on Tuesday. Iraq's three m

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Zain Iraq receives approval to list on Baghdad bourse

Zain Iraq, the country's biggest mobile phone operator by subscribers, has received approval from the stock market regulator to list on Baghdad's bourse, parent firm Zain said on Thursday. Iraq's three mobile network f

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Zain Iraq firm on listing despite conflict

Mobile operator Zain Iraq still wants to list its shares more than three years after missing a deadline, parent Zain said on Wednesday, although fund managers warned violence in the country and weak market infrastructure could deter investors.

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Zain Iraq unit plans shares listing

Mobile telecom firm Zain Iraq is still expected to list its shares on the Iraq Stock Exchange (ISX) later this year but is at least several months off from being able to do so, the bourse's chief executive said. First the comp

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Zain aims to raise $1bn in Iraq IPO

Zain Iraq expects wealthy individuals to be the largest subscriber group in the telecom operator's 2014 IPO and looks to raise more than $1 billion, its chief financial officer told Reuters on Sunday. The company, a unit of Ku

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Zain Iraq sees double-digit growth

Zain Iraq, the country's largest mobile telephone operator, expects double-digit growth in profits and revenues this year as expansion in the north and Kurdistan boosts its subscriber base, a top executive sa

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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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