Zain Al Iraq Islamic Bank For Investment and Finance (BZII)

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News

11 February 2019 10:48 AM HSBC upgrades recommendation on Zain to “Buy”

Mubasher: HSBC has modified its recommendation on the stock of Mobile Telecommunications (Zain) to “Buy” from “Hold”. The London-based banking group has estimated the fair value (FV) of Zain at 550 fils, an increase of 20% when compared to the …

Financial Results

23 September 2018 11:02 AM Court ruling exempts Zain Iraq from paying $100m

Mubasher: Zain Group announced that a court has issued a ruling that orders the National Communications and Media Commission of Iraq not to claim the fine against Zain Iraq. In a disclosure to Boursa Kuwait on Sunday, Zain said it that the Iraqi …

Law

19 February 2017 06:12 PM Zain board proposes dividend payout for FY16

Mubasher: The board members of Zain Group recommended a cash dividend of 35 fils per share for the fiscal year 2016. This dividend proposal is subject to the annual general assembly and regulatory approvals, according to a recent statement. Zain …

Cash Dividends

19 February 2017 06:04 PM Zain FY16 profits rise to KWD 157m

Mubasher: Zain Group reported a growth of 2% in profits during the fiscal year 2016 as consolidated net income reached KWD 157 million ($519 million), according to a recent statement. Revenues amounted to KWD 1.1 billion ($3.6 billion) which was a …

Financial Results