Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Zain KSA has been upgraded to an AA rating in the MSCI ESG Index, establishing it as a leader among global telecom companies. This advancement highlights Zain KSA’s effective integration of sustainability into its operations, aligning with Saudi Vision 2030 and reflecting its commitment to environmental, social, and governance excellence.
Zain Bahrain has partnered with AlSalam Gas Electronics to offer exclusive benefits to AlSalam’s customers, including free rental on selected fiber plans and valuable vouchers. This collaboration, marked by a signing ceremony at Zain Bahrain Tower, aims to enhance customer satisfaction and service innovation.
Eng. Al-Sadhan, with over 20 years of experience in telecommunications and IT, has played a crucial role at Zain KSA as Chief Business and Wholesale Officer. He has driven B2B growth, developed a digital ecosystem anchored in 5G, and forged strategic partnerships. He also serves on the board of Zain Omantel International.
Zain Bahrain has partnered with AlSalam Gas Electronics to offer exclusive benefits to AlSalam customers, including six months of free rental on selected Fibre plans and vouchers worth up to BD430. This collaboration aims to enhance the customer experience by providing seamless, value-added services and innovative solutions tailored to customer needs.
Zain Group’s Q2 2024 results show a 79% net profit increase, with revenue growing 4% YoY to KD 479 million (USD 1.6 billion). Customer base soared 13% to 47.8 million. Key highlights include growth in 5G revenues, fintech services, and digital operator entities, despite challenges in Sudan.
Zain Bahrain has partnered with the British Council to enhance employee skills through innovative assessment and training solutions. This collaboration aims to improve English proficiency and soft skills, aligning with Zain Bahrain’s commitment to continuous employee development. The initiative ensures impactful training, fostering a culture of learning within the organization.
Zain Bahrain reported a 2.6% increase in Q2 2024 net profit to BD 1.35 million and a 7.6% rise in H1 2024 EBITDA to BD 11.79 million. Revenue for H1 2024 grew by 3.5% to BD 38.44 million. The company highlighted significant achievements in 5G innovation, sustainability, partnerships, and awards for excellence.
Zain Bahrain reported H1 2024 revenue of BD38.44 million, a 3.5% increase. Net profit fell 11.9% to BD2.42 million. Q2 net profit rose 2.6% to BD1.35 million, with stable revenue at BD18.93 million. Zain expanded business solutions, led in 5G innovation, and won awards for workforce development and leadership.
Zain KSA announced impressive H1 results with a 60% increase in net profit to SAR172 million ($45.8 million) and revenue of SAR5 billion ($1.3 billion). The growth was driven by enhanced customer experience, expanded 5G coverage, and increased demand during the Hajj season, alongside strong sustainability practices.
Zain KSA has launched new digital authentication services in Saudi Arabia through a partnership with the Sadq platform, enhancing digital transformation and sustainability. This initiative aims to improve customer experience, streamline operations, and bolster data protection, aligning with Saudi Vision 2030’s goals. Zain Cloud has been awarded the highest rating for cloud computing service providers by CST.