Kuwait City, October 28, 2025 — Zain Group, a leading provider of ICT and digital lifestyle services in the Middle East and Africa, announced exceptional financial results for the nine months ending September 30, 2025. The Group achieved its highest revenue in 16 years, reaching KD 1.7 billion ($5.4 billion), marking a 15% year-on-year increase, while net profit soared 31% to KD 178 million ($581 million).
Zain’s EBITDA rose 9% YoY to KD 552 million ($1.8 billion), maintaining a robust 33% margin. The Group now serves 51.3 million active customers, up 9% from the previous year, reflecting strong growth across all eight markets.
The Board of Directors declared a second interim cash dividend of 25 fils per share, payable on November 19, following a 10 fils dividend distributed in September. With these payouts, Zain fulfills its 2025 dividend policy commitments.
Bader Al-Kharafi, Vice-Chairman and Group CEO, said: “Our 4WARD strategy and AI-driven initiatives continue to deliver record-breaking performance across our operations and verticals. These results highlight the resilience of our business model, operational excellence, and leadership in digital transformation.”
Key Highlights for 9M 2025:
- Revenue: $5.4 billion (+15% YoY)
- Net profit: $581 million (+31% YoY)
- EBITDA: $1.8 billion (+9% YoY; margin 33%)
- Data revenue: $2 billion (+11% YoY), representing 37% of total revenue
- Fintech revenue: up 57% YoY, powered by Tamam and Zain Cash
- Enterprise and B2B revenue: up 9% YoY, led by ZainTECH (+74%)
- Zain Omantel International (ZOI): revenue up 172% YoY
- Growth verticals: generated $562 million, up 98% YoY
- CAPEX investment: $699 million (13% of total revenue)
Market Highlights:
- Kuwait: 9M net profit $196 million; 5G-Advanced rollout drives growth.
- Saudi Arabia: 9M net profit up 16% to $99 million; fintech platform Tamam boosts revenue.
- Iraq: 9M revenue $942 million (+18%); customer base hits 20.4 million.
- Sudan: 9M profit up 92% to $171 million; network restoration and 4G upgrades drive recovery.
- Jordan: 9M profit $59 million (+7%); data now 54% of total revenue.
- Bahrain: 9M profit $11 million (+3%); data revenue up 5%.
Strategic and ESG Milestones:
- ESG rating upgraded to MSCI A
- World Finance award for “Best Corporate Governance in Kuwait” (fifth consecutive year)
- Ranked #1 telecom employer in the Middle East on Forbes World’s Best Employers list
- Expanded Zain Great Idea (ZGI) Accelerator program across six countries
Chairman Osamah Al-Furaih praised Zain’s ability to sustain growth amid regional challenges, crediting strong governance, investment in digital infrastructure, and sustainability-driven innovation for the Group’s long-term success.
Al-Kharafi added: “This record-breaking year positions Zain as the digital operator of choice—delivering lasting connections and better lives through technology, innovation, and inclusion.”
