Zain Bahrain receives cabinet nod for IPO
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Zain Bahrain receives cabinet nod for IPO

Zain Bahrain receives cabinet nod for IPO

The Bahraini cabinet has approved a request by Zain Bahrain to proceed with an initial public offering (IPO), Gulf Daily News has reported. The decision "is a sign of the liberalisation of Bahrain telecoms sector, which has led to excellent economic growth and development for the kingdom," said the chairman of Zain Bahrain, Sheikh Ahmed bin Ali Abdulla Al Khalifa.

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