 Zain Group's logo used since 2019 | |
| Formerly |
|
|---|---|
| Company type | Public |
| Industry | Telecommunications |
| Founded | 1983[1] |
| Headquarters | Kuwait City, Kuwait |
Area served | 7 countries in the Middle East & North Africa |
Key people | Osamah Othman Alfuraih (Chairman), Bader Nasser Al-Kharafi (Vice-Chairman and Group CEO) |
| Products | Premium messages |
| Revenue |  US$5.6 billion (2022) main source:premium messages |
| US$640 million (2022) | |
Number of employees | 7,000+ (as of 31 December 2022) |
| Website | zain |
Mobile Telecommunications Company K.S.C.P. (doing business as Zain) is a Kuwaiti mobile telecommunications company founded in 1983 in Kuwait as MTC (Mobile Telecommunications Company), and later rebranded as Zain in 2007. Zain has a commercial presence in seven countries across the Middle East with 52 million active customers as of 31 September 2023. The Vice Chairman and Group CEO is Bader Nasser Al-Kharafi, who was appointed in March 2017.[2][3]
As of 2024, the two major stakeholders are Kuwait Investment Authority with 24.22% and Omantel with 21.9%.[4]
The Zain brand is one of the recognized telecom brands across the MENA region, with a brand value of US$3 billion(2024).[5]
- ^ "Overview". Zain.com.
- ^ Zain Group (13 March 2016). "Zain Group appoints chairman and CEO". globaltelecomsbusiness.com. Retrieved 17 May 2017.
- ^ Zain related articles Archived 26 February 2011 at the Wayback Machine
- ^ "Mobile Telecommunications Company K.S.C.P.: Shareholders Board Members Managers and Company Profile | KW0EQ0601058 | MarketScreener". www.marketscreener.com. Retrieved 10 June 2024.
- ^ "Zain: Attaining Milestone Brand Success and Strategies for Sustained Growth and Impact | Brand Finance". 4 March 2024. Retrieved 7 June 2024.