Zain Iraq forms onshore joint-stock company in preparation for...

DUBAI: The Iraqi unit of Kuwaiti telecoms company Zain launched subscriptions for a long-delayed public share offering yesterday, fulfilling a pledge made in 2007 when it secured a licence to operate in the war-scarred country. Iraq's biggest ...

Kuwait: Kuwait's largest mobile operator known as Zain, is setting up an Iraqi company so that its unit Zain Iraq can meet public share sale requirements. The new firm will offer 55.9 million shares at one Iraqi dinar for each of its own shares over ...

AMMAN: Zain Iraq expects double-digit growth in profits and revenues this year as expansion in the north and Kurdistan boosts its subscriber base, a top executive said yesterday. The expected launch of 3G services in Iraq this year is also likely ...

BAGHDAD — Kuwaiti telecommunications provider Zain says it will set up a holding company for its Iraq operations as it prepares to sell a stake in the division to the public. Zain says it is offering 55.9 million shares in the new Al-Khatem ...

The Iraq unit of the Kuwaiti telecoms company Zain has moved a step closer to launching its mandatory initial public offering (IPO). It has established a new holding company, Al-Khatem Telecommunications, in Iraq through which it will list 25 per ...

The Iraqi division of Kuwaiti-based operator group Zain has started the process for its long-anticipated initial public offering (IPO). Like Iraq's other operators, Zain Iraq agreed to float a quarter of its stock and list on the Iraq Stock ...

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Zain Iraq must list 25% of its shares on the Iraqi Stock Exchange as part of its licence conditions. Zain Iraq is establishing a joint stock company to allow it to list 25% of its shares on the Iraqi Stock Market. Zain Iraq's shareholders, led ...

According to Reuters, the Zain Group is preparing to set up a local holding company through which it will offer 25% of its stake in Zain Iraq to the public. Zain will set up a holding company, named Khatam Communications, and will offer 55.9 million ...