Zain KSA

Zain KSA refinances its SAR 5.9 billion existing Murabaha facility
The facility will be refinanced for five years at preferential terms, with an additional working capital facility of SAR 647 million for two years
Zain Saudi on its way to scoring $500million from tower sale
Saudi Telecom Company and Mobily are in talks to merge their towers
Zain Saudi conducts trial of new 4.5G features with Nokia
Telco aims at higher throughputs to address increasing data traffic
Zain KSA extends maturity on $2.6bn loan
Indebted telecom operator wins approval from lenders to change date to Nov 28
Zain KSA rights issue fully subscribed
Successful rights issue marks completion of firm's capital restructuring
Zain KSA to restructure its capital
Telco set to reduce capital and stage rights issue to raise $1.6bn
Zain KSA cuts its losses by 21% in Q1
Telco continues to move towards profitability as revenues rise