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Zain platinum sponsor of NUKS USA 36th annual conference

November 10, 2019

Zain platinum sponsor of NUKS USA 36th annual conference

KUWAIT: Zain, the leading digital service provider in Kuwait, announced its platinum sponsorship of the 36th annual conference of the National Union of Kuwaiti Students in the United States of America (NUKS USA), which is set to be held from November 28 to December 1, 2019 in San Diego, California under the patronage of His Highness the Prime Minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah.

Zain"... Continue Reading

Zain Group revenue rises 35%, net income up 12%

November 7, 2019

Zain Group revenue rises 35%, net income up 12%

KUWAIT: Zain Group, the leading mobile telecom innovator in eight markets across the Middle East and Africa, announces its consolidated financial results for the third quarter (Q3) and nine-month periods (9M) ended 30 September, 2019. The company ended the period serving 49.1 million customers, reflecting a 3 percent year-on-year (Y-o-Y) increase.
For 9M 2019, Zain Group generated consolidated revenue"... Continue Reading

Huawei, Kuwait Ministry of State for Service Affairs sign MoU for ICT talent development

November 3, 2019

Huawei, Kuwait Ministry of State for Service Affairs sign MoU for ICT talent development

KUWAIT: Huawei Technologies Kuwait, a leading global Information and Communication Technology solutions provider, recently signed a MoU with the Kuwait Ministry of State for Service Affairs to increase internal ICT capabilities. To strengthen the capacity of high-caliber ICT professionals and accelerate efforts to build an information society in Kuwait, the ministry’s employees will undergo a series"... Continue Reading

Court orders Zain company to pay KD 11.57m Zakat

October 29, 2019

Court orders Zain company to pay KD 11.57m Zakat

KUWAIT CITY, Oct 28: Ministry of Finance announced that the Court of Cassation has obliged the Mobile Telecommunications Company (Zain) to pay KD 11.57 million as Zakat due for the fiscal year that ended on December 31, 2010 as per law No. 46/2006 concerning Zakat and national labor support tax. According to a press release, Assistant Undersecretary for Financial and Tax Affairs Aseel Suleiman Al-Saad Al-Muneifi,"... Continue Reading

VIVA reports KD 31.6m net profit during nine-month period ended 30 Sept 2019

October 29, 2019

VIVA reports KD 31.6m net profit during nine-month period ended 30 Sept 2019

KUWAIT: VIVA, a world-class digital leader providing innovative services and platforms to customers and enabling the digital transformation in Kuwait, and a subsidiary of STC Group, announced the financial results for the nine-month period ended 30 September 2019; whereby VIVA’s Revenues reached KD 215.6 million, and the net profit reached KD 31.6 million for the nine-month period ended 30 September.

"... Continue Reading

C-Band Alliance Proposes to Clear 300 MHz of Spectrum for Nationwide 5G Deployment

October 29, 2019

C-Band Alliance Proposes to Clear 300 MHz of Spectrum for Nationwide 5G Deployment

The C-Band Alliance (CBA) announced today that it will commit to clear 300 MHz of C-band spectrum to support fast 5G wireless deployment throughout the continental U.S. In an updated filing with the U.S. Federal Communications Commission (FCC), the CBA detailed that the 300 MHz of spectrum includes a 20-MHz guard band to protect existing satellite services from 5G interference.

Further"... Continue Reading

Zain embraces competent young people to open new horizons in front of them: Roudhan

October 28, 2019

Zain embraces competent young people to open new horizons in front of them: Roudhan

LONDON: Zain, the leading digital service provider in Kuwait, participated in the opening ceremony of the 55th annual conference of the National Union of Kuwaiti Students in the United Kingdom (NUKS UK) as part of its Official and Main sponsorship of the event. The conference, held in Park Plaza Westminster Bridge London, witnessed the presence of the Ambassador of the State of Kuwait to the United Kingdom"... Continue Reading

Campus France Launches a New International Communication Campaign, Giving Voice to Those Who Have Chosen France for Their Studies

October 24, 2019

Campus France Launches a New International Communication Campaign, Giving Voice to Those Who Have Chosen France for Their Studies

Campus France is launching an unprecedented communication campaign to promote the excellence of French educational institutions and their courses around the world.

Following the new national strategy of attractiveness «Bienvenue en France/Choose France», Campus France, an agency for the promotion of French higher education"... Continue Reading

New GSMA Study Highlights North America’s Global 5G Leadership

October 24, 2019

New GSMA Study Highlights North America’s Global 5G Leadership

A new GSMA study has highlighted North America as one of the most advanced mobile regions in the world – a result of significant operator investments in 5G. The 2019 North America edition of the GSMA’s Mobile Economy report series – published today at MWC Los Angeles – forecasts that almost half of the region’s mobile connections will be running on new 5G networks by 2025. This is being fuelled by operator spending on new networks, which is forecast to total more than $380 billion (Capex) between 2018 and 2025. These investments are increasingly being focused on building-out 5G coverage across the region, enabling a range of new services for consumers and enterprise. “Our new...... Continue Reading

DelGatto Diamond Finance Attracts Investment from Crestline Investors to Support Accelerated Growth

October 24, 2019

DelGatto Diamond Finance Attracts Investment from Crestline Investors to Support Accelerated Growth

DelGatto Diamond Finance (“DelGatto” or “Company”), an institutional diamond finance company, today announced it has received a $100MM facility from Crestline Investors, Inc. (Crestline), a credit focused institutional alternative asset manager. The investment enhances DelGatto’s ability to meet growing financing demand across all major diamond and jewelry markets.

DelGatto"... Continue Reading

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