Kuwait's Zain to sell $5b in shares

menafn.com     May 20, 2008            

The Chief Executive of the Kuwaiti telecom company, Zain said that the company may sell shares worth up to $5 billion in a stock offering in Europe in 2009, Gulf Daily News reported. He added that the mobile operator also said it on track for an initial public offering (IPO) in Gulf neighbor... [read full story]                    

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Zain to raise up to $5bn in Europe listing

itp.net     May 19, 2008          

By James Cordahi on Monday, May 19, 2008 Kuwait-based telecom Zain may sell shares worth up to $5 billion in a stock offering in Europe next year, its chief executive said on Monday. Kuwait's biggest mobile operator, which has been rapidly expanding abroad, also said it was on track for an...                    

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Bahrain, Kuwait