Kuwait City — October 30, 2025:
Kuwait-based telecommunications giant Zain Group has reported its strongest financial performance in 16 years, with revenues reaching KD 1.7 billion ($5.4 billion) for the first nine months of 2025 — a 15% year-on-year increase. The group’s net profit jumped 31% to KD 178 million, reflecting solid growth across its regional markets.
Record Financial Performance and Dividends
Zain’s board has declared a second interim cash dividend of 25 fils per share for the nine-month period, following an earlier payout of 10 fils per share for H1 2025. Earnings per share reached 41 fils, underscoring robust profitability.
Third-quarter results were equally strong, with net income of KD 57 million, up 5% annually, and quarterly revenue rising 16% to KD 582 million.
Data and Subscriber Growth Drive Momentum
The company’s data revenue rose 11% year-on-year to $2 billion, representing 37% of total group revenue. Zain’s customer base grew 9% to 51.3 million subscribers, driven by network restoration in Sudan and continued expansion in Iraq.
Shareholding and Market Performance
Zain’s strategic shareholders include Oman’s Omantel, holding 21.9%, and the Kuwait Investment Authority, which owns 16%. The company’s stock traded slightly lower at KD 529 on Boursa Kuwait but remains up nearly 13% year to date, reflecting investor confidence in its sustained growth trajectory.
