Market: Kuwait Symbol: ZAIN ISIN: KW0EQ0601058 Industry: Telecommunications
Zain is the pioneer of mobile telecommunications in the Middle East. We began life in 1983 in Kuwait as the region’s first mobile operator, and since the initiation
of our expansion strategy in 2003, we have expanded rapidly. Today, we are a leading mobile voice and data services operator with a commercial footprint in 7
Middle Eastern and Africa countries with a workforce of over 7,900 providing a comprehensive range of mobile voice and data services to over 50.6 million active
individual and business customers as of December 31, 2023.
Subsidiaries Country Ownership
Zain International B.V. (“ZIBV”) The Netherlands 100%
Pella Investment Company (“Pella”) Jordan 96.52%
Zain Bahrain B.S.C (“MTCB”) Bahrain 65.11%
Mobile Telecommunications Company Lebanon (“MTCL”) Lebanon 100%
Sudanese Mobile Telephone (Zain) Company Limited (“Zain Sudan”) Sudan 100%
Kuwaiti Sudanese Holding Company (“KSHC”) Sudan 100%
South Sudanese Mobile Telephone (“Zain South Sudan”) South Sudan 100%
Al Khatem Telecoms Company (“Al Khatem”) Iraq 76%
Atheer Telecom Iraq Limited (“Atheer”) Cayman Islands 76%
Mobile Telecommunications Company (“SMTC”) Kingdom of Saudi Arabia 37.05%
Al Mouakhaa Lil Kadamat Al-Logistya Wal Al-Itisalat (“Mada Jordan”) Jordan 99.10%
ZainTech Solutions FZ-LLC UAE 100%
Associates/Joint Ventures
IHS Kuwait Limited Kuwait 30%
Zain Al Ajial S.A (Wana Corporate S.A is an associate of this joint venture) Morocco 50%
Share data
Currency KWD Volume 3,085,784
Previous Close 0.453 Number of Shares (mln) 4,327.059
Change (%) 0.443 Market Cap (mln) 1,960.158
Contact Zain Investor Relations
IR@Zain.com
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