Zain Bahrain's IPO to be floated by end of June | Zain Bahrain's IPO to be floated by end of June -

Zain Bahrain’s IPO to be floated by end of June

: Thursday, February 13 - 2014 @ 10:40

Zain Bahrain is set to launch its long-awaited stock market flotation by the end of June, in what could be the kingdom’s biggest share sale since 2010, Reuters has reported, citing an industry source. Few details relating to the IPO have been made public, although Zain’s chief executive said in December his company wanted to keep majority control. Zain Bahrain made a net profit of $14.3m in 2013, down 15.7% from a year earlier. Revenue rose 5.5% to $213 million and its customer base increased 25% over the same period.

Related Article

Today's Top Stories

Week's Top Stories

Posted by

Thursday, February 13- 2014 @ 10:40 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

AME Info Services

Business DirectoryVIEW ALL

Search by name

Search by industry

Browse alphabetically


Search for jobs

Latest Jobs

AME Info Services