Zain Group
Kuwaiti telecommunications company / From Wikipedia, the free encyclopedia
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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] Approximately 15.9% of the company is owned by Kuwait Investment Authority; 21.9% is owned by Omantel. More information here [citation needed]
Formerly |
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Company type | Public |
Industry | Telecommunications |
Founded | 1983; 41 years ago (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 |
The Zain brand is one of the most recognized telecom brands across the MENA (Middle East and North Africa) region, with a brand value in excess of US$2.74 billion.[citation needed]