Credit Suisse has cut its rating on Kuwait-based Zain to "underperform" from "outperform" and said it sees a 50% chance of Etisalat $12bn bid for Zain going through, Reuters has reported. The pre-condition that Zain sells the 25% stake in its Saudi asset and disagreement between the company two influential shareholder groupings over the sale could potentially derail the bidding process, it said.
Zain Kuwait, the leading digital service provider in the country, announced a strategic partnership with Cisco to deliver secure, cloud-based,..
Zain Kuwait and Huawei—a leading global ICT solutions provider—have unveiled plans for a new strategic cooperation that will see the two..
Zain Kuwait, the leading telecommunications company in Kuwait, and Huawei, a leading global information and communications technology (ICT) solutions provider, have announced plans to launch a first of its kind Joint Innovation Center which will serve as a research hub for the advancement of..