Saturday 27 December 2014
 
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Zain Saudi to defer $1.49bn licence fee payment

Indebted telecoms operator Zain Saudi has received government approval to defer licence fee payments totalling $1.49 billion over seven years, sending its shares on Monday to an eight-month high. The rescheduled payment will be tr

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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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