Zain Group

Kuwait City, Kuwait Founded: 1983 • Age: 43 yrs
Telecom services provider
Annual revenue - Latest available
Total funding - 4 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Zain Group

Zain Group is a company based in Kuwait City (Kuwait) founded in 1983. Zain Group has completed 2 acquisitions, including Celtel and Infonas. Zain Group operates in a competitive market with competitors including Jio, MTN, Airtel, Proximus Group and AT&T, among others.

  • Headquarter Kuwait City, Kuwait
  • Stage Public
  • Sectors
    Telecommunications
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Mobile Telecommunications Company K.S.C.P
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.97 B
    3.3
    as on Dec 31, 2024
  • Net Profit
    $207.69 M
    -3.61
    as on Dec 31, 2024
  • EBITDA
    $688.58 M
    1.31
    as on Dec 31, 2024
  • Latest Funding Round
    $700 M (USD), Debt – Conventional

    Aug 29, 2018

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
    Celtel

    & 1 more

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IPO & Listings of Zain Group

Zain Group is a publicly listed company on the KSE with ticker symbol ZAIN in Kuwait, operating in the Communications sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: KSE · Ticker: ZAIN · Sector: Communications · Kuwait

Funding Insights of Zain Group

Investors in Zain Group

Zain Group has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include International Finance Corporation, Arab Bank and Finnfund.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
IFC is focused on private sector development in emerging markets.
Locked Locked Locked
Investments in sustainable development projects in developing countries.
Locked Locked Locked
Commercial bank
Locked Locked Locked
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Investor details for Zain Group

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Zain Group

Zain Group has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Celtel and Infonas.

Investments
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Investment portfolio details for Zain Group

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  • Portfolio identities
  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Delivers a comprehensive suite of IT services to enhance daily business operations.
Locked Locked 2004 Locked
Mobile telecommunications services are provided across regions.
Locked Locked 1998 Locked
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Complete acquisition details for Zain Group

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  • Transaction dates
  • Acquired stakes
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  • Domains and locations

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Financial Statements - Zain Group

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Detailed financials for Zain Group

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  • Profit trends
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Zain Group Comparisons

Zain Group Primary company
Description
Telecom services provider
Location
Kuwait City, Kuwait
Founded Year
1983
Annual Revenue
$1.97 B
Net Profit
$207.69 M
EBITDA
$688.58 M
Employees
Not available
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Peer comparison for Zain Group

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Competitors of Zain Group

Zain Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Jio, MTN, Airtel, Proximus Group and AT&T, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of telecommunication services
Locked Locked Locked
MTN Group is recognized as a leading telecommunications provider in Africa.
Locked Locked Locked
Airtel is recognized as a provider of telecommunications and internet services.
Locked Locked Locked
Telephony, internet, television, and network-based ICT services are provided.
Locked Locked Locked
Mobile internet, TV, and telecommunication services are provided.
Locked Locked Locked
Mobile internet services are provided for homes and offices.
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Detailed competitors of Zain Group

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Latest news on Zain Group

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Complete news archive for Zain Group

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Frequently Asked Questions about Zain Group

Zain Group was founded in 1983 and raised its 1st funding round 27 years after it was founded.

Zain Group is headquartered in Kuwait City, Kuwait.

Bader Nasser Al-Kharafi is the current CEO of Zain Group.

Zain group (formerly known as Mobile Telecommunications Company), through its subsidiaries, provides telecom services in the Middle East. It operates in Bahrain, Iraq, Jordan, Kuwait, Saudi Arabia, Sudan and South Sudan. Its services include mobile voice and data. Apart from this, it also operates as an investment vehicle. Its subsidiaries in Iraq and Africa have received debt financing from IFC and Cordiant Capital. In 2020, the company recorded annual revenues of 5.3 B and a net profit of 603.6 M.

Zain Group's top competitors include MTN, Proximus Group and AT&T.

Yes, Zain Group is publicly traded on KSE under the ticker symbol ZAIN.

Zain Group has made 2 acquisitions, including Celtel, and Infonas.

Zain Group has 4 investors. Key investors include International Finance Corporation, Arab Bank, Finnfund, and Oman Telecommunications Company.

The ticker symbol of Zain Group is ZAIN on KSE.

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