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.
Zain Bahrain partnered with Manama Hub’s ‘Khibra Initiative’ to host the first “Meet the Leaders” Mentorship Event. The event provided young individuals with personalized mentorship from industry leaders, featuring 30 mentors from various sectors. Zain Bahrain aims to empower youth with essential career guidance and support.
Zain Esports partners with Riot Games MEA to bring League of Legends and other content to the Middle East. This collaboration aims to enhance the gaming experience for regional gamers and elevate Zain Esports’ role in the gaming ecosystem.
Zain Bahrain has been named among the Top 50 strongest companies in Bahrain by Albilad Press for the second consecutive year, highlighting its resilience, innovation, and commitment to customer satisfaction and local talent development.
Zain Bahrain has been named one of the Top 50 strongest companies in Bahrain by Albilad Press for the second consecutive year. This recognition highlights the company’s resilience, innovation, and commitment to customer satisfaction. Zain Bahrain maintains a Bahrainization level of over 93%, supporting local workforce development and contributing to the kingdom’s sustainable future.
