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 49.5 million active customers as of 31 December 2019. The Vice Chairman and Group CEO is Bader Nasser Al-Kharafi, who was appointed in March 2017.[2][3] Approximately 24.6% of the company is owned by Kuwait Investment Authority; 21.9% is owned by Omantel; only shareholders that own above 5% are disclosed.[citation needed]

Quick facts: Formerly, Type, Industry, Founded, Headquarte...
Mobile Telecommunications Company K.S.C.P.
  • Mobile Telecommunications Company (1983-2007)
Founded1983; 40 years ago (1983)[1]
HeadquartersKuwait City, Kuwait
Area served
10 countries in the Middle East & North Africa
Key people
Ahmad Al Tahous (Chairman), Bader Nasser Al-Kharafi (Vice-Chairman and Group CEO)
ProductsPremium messages
RevenueIncrease US$5.5 billion (2019) main source:premium messages
Increase US$715 million (2019)
Number of employees
7,000+ (as of 31 December 2019)

The Zain brand is one of the most recognized telecom brands across the MENA region, with a brand value in excess of US$2.3 billion.[citation needed]