Zain Saudi Arabia

Zain Saudi reports narrowed net loss for Q4
Telco looks up to its unified licence for enhancing revenues and profitability
Zain Saudi gets a new CEO
Incoming CEO to focus on growth opportunities and enhance customer experience
Zain Saudi Arabia's operating licence extended
The extension will save SAR 433 million per year
Zain Saudi Arabia secures $600 million loan
Telco to use the amount to refinance a previous loan
Zain Saudi Arabia's revenues increase 7% in Q1
Net losses attributed to high amortisation charges
Zain KSA defers $2.4bn loan
Loss-making telco defers debt maturity for the fifth time
Zain KSA shares fall as pension agency sells stake
Zain KSA shares slump as Public Pension Agency disposes of its holding