Zain Reports 16-Year Revenue High as Customer Base Surges to 51.3 Million
Zain posts 16-year-high revenues of KD1.7 billion, driven by subscriber and data growth; net profit climbs 31% year-on-year as expansion in Iraq and Sudan boosts performance.
Zain posts 16-year-high revenues of KD1.7 billion, driven by subscriber and data growth; net profit climbs 31% year-on-year as expansion in Iraq and Sudan boosts performance.
Knetco has been named the main partner for Huawei’s 5G Advanced deployment in Kuwait. The project will power smart cities, AI-driven industries, and advanced digital services, while showcasing Kuwait’s readiness to adopt next-generation connectivity and strengthen its role in regional digital transformation.
Kuwait has launched 5G Advanced technology with Knetco as the lead implementor for Huawei, achieving a nationwide rollout on a compressed schedule. Offering speeds up to ten times faster than 5G, the technology will drive smart cities, AI-powered industries, and sustainable digital transformation under Kuwait Vision 2035.
Ooredoo Kuwait reported strong H1 2025 results with 6% revenue growth and a 65% rise in net profit. EBITDA grew 19%, driven by 5G rollout, operational efficiency, and strategic partnerships. Customer base increased 4% to 26.4 million.
stc concluded its platinum sponsorship of the NEXUS 2024 event in Kuwait, highlighting its commitment to digital transformation and supporting local entrepreneurs. The event featured discussions on AI, fintech, and cybersecurity, with stc showcasing its solutions and empowering youth through initiatives like the inspireU business accelerator program.