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Articles tagged with: Kuwait Investment Authority
Zain Close to Selling 46% Stake to Asian Investors - Report
Further rumours about the future of Kuwait's telco, Zain after local newspapers reported that a consortium is seeking to take a 46 percent stake in the company. Such a move is expected to inject necessary capital into the group without it having to divest its African holdings. more
Zain to Review Rules Limiting Shareholder Stakes
Speculation about the future of Kuwait based mobile operator, Zain was heightened when the company posted notices seeking changes to shareholder restrictions. Shareholders will be asked to vote on the amendment to lift a ban on any single shareholder owning more than two percent of the listed shares in the company. more
France Telecom Would Consider Parts of Zain's African Assets
France Telecom says that it would consider bidding for some of the assets owned by Kuwait based Zain should the company look at breaking up its African division. Zain is currently understood to be looking for a single trade buyer for its ex-Celtel networks across Africa. more
Related Tags: france-telecom, zain
Zain Shareholder Interested in Selling Stake
Zain's largest single shareholder, the Kuwait Investment Authority (KIA) has said that it would consider selling its stake in the company if the right offer came along. Zain is itself trying to sell its African assets, and although later denied, it was rumoured that UAE based Etisalat was interested in buying the whole company. more
Kuwait To Set Up Third Telecommunications Co -Report
CAIRO -(Dow Jones)- Kuwait is to establish a third mobile telecommunications company, the official Kuwait news agency reported Sunday. more
Related Tags: wataniya-telecom, wataniya