Mobile Telecommunication Company Saudi Arabia (7030)

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News

16 September 2025 03:00 AM Zain KSA obtains SAR 5.5bn Mrabaha facility from 5 banks

Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) secured a Murabaha facility agreement amounting to SAR 5.50 billion from a consortium of five lenders.The telecom group obtained the loan from Al Rajhi Bank, Arab National Ba

Delistings

27 July 2025 03:00 AM Zain KSA sees 28% higher profits in H1-25; revenues hit SAR 5.3bn

Riyadh – Mubasher: The net profits of Mobile Telecommunication Company Saudi Arabia (Zain KSA) hit SAR 220 million in the first half (H1) of 2025, an annual leap of 27.90% from SAR 172 million.The Saudi group generated revenues amounting to SAR 5.34

Sector Reports

30 June 2025 03:00 AM Zain KSA, Horizon Food name new CEOs

Riyadh - Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) appointed Saad bin Abdulrahman Al Sadhan as its CEO as of 1 July 2025, according to a bourse filing.The appointment follows a board resolution issued on 29 June, which conclu

Board of Directors

7 May 2025 03:00 AM Zain KSA’s net profits hike 39% in Q1-25

Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) registered a 38.80% year-on-year (YoY) leap in net profit to SAR 93 million during the first quarter (Q1) of 2025.The generated net profits were compared with SAR 67 million,

Sector Reports

19 February 2025 10:57 AM Zain KSA posts highest revenues in history at SAR 10.3bn in 2024

Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) posted 52.96% year-on-year (YoY) lower net profits at SAR 596 million in 2024, compared to SAR 1.26 billion. Zain KSA achieved the highest revenues in its history at SAR …

Financial Results

29 October 2024 08:50 AM Zain KSA’s net profits hike 114% in Q3-24

Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) generated SAR 322 million in net profit during the first nine months (9M) of 2024, an annual plunge of 75.62% from SAR 1.32 billion. The company posted revenues amounting …

Financial Results

14 August 2024 10:17 AM Zain KSA names Acting CEO following Al Dughaither’s death

Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) appointed Saad bin Abdulrahman Al Sadhan as the Acting CEO, effective from 13 August 2024. Sultan bin Abdulaziz Al Dughaither, the CEO of Zain KSA, passed away on 6 …

Corporate Actions

25 July 2024 08:56 AM Zain KSA records 86% drop in H1-24 net profits

Riyadh – Mubasher: The net profits of Mobile Telecommunication Company Saudi Arabia (Zain KSA) retreated by 86.25% to SAR 172 million in the first half (H1) of 2024 from SAR 1.25 billion in H1-23. The revenues stood at SAR 5.08 billion in H1-24, …

Financial Results

14 May 2024 11:58 AM Zain KSA pens SAR 1.6bn facilities with Al Rajhi Bank

Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) has signed SAR 1.62 billion banking facilities with Al Rajhi Bank The funding aims to enhance the company’s network infrastructure and cash flow to help improve its …

Companies Investments

12 May 2024 11:30 AM Zain KSA posts 94% YoY lower profit in Q1-24

Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) reported a 94.10% year-on-year (YoY) plunge in net profit to SAR 67 million in the first quarter (Q1) of 2024 from SAR 1.13 billion. Revenues grew 4.66% YoY to SAR 2.53 …

Financial Results

5 March 2024 04:14 PM Zain KSA launches Zain Clinic at LEAP2024

Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) entered into a strategic partnership agreement with Altibbi, a remote medical consultation platform that directly connects patients to physicians. Under the collaboration, …

Global Economy

3 March 2024 00:06 PM Zain KSA’s profits leap 130.5% in 2023; dividends proposed

Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) posted an annual hike of 130.36% in net profit to SAR 1.26 billion as of 31 December 2023, compared to SAR 550 million. Earnings per share (EPS) enlarged to SAR 1.41 last …

Board of Directors

10 December 2023 04:47 PM Saudi stc leads innovation hub project with GCC Telco Alliance; listed firms included

Riyadh – Mubasher: Saudi Telecom Company (stc) has announced the Sustainability Innovation Hub as part of its collaboration with GCC Telco Alliance members, which include leading telecom operators from Saudi Arabia, the UAE, Bahrain, Oman, and …

Companies Investments

3 December 2023 01:51 PM Zain KSA widens 5G network to reinforce Saudi digital services

Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) expanded its 5G digital services to cover ten additional cities, according to a recent press release. The zero-emission 5G network is currently working in Al Aflaj, Al …

Companies Investments

21 November 2023 00:16 PM Zain KSA unveils SAR 726m stake sale deal with PIF

Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) sold its stake in Golden Lattice Investment Company (GLIC), which amounts to 20% of the latter’s share capital. The Saudi Public Investment Fund (PIF) bought Zain KSA’s …

Companies Investments

8 November 2023 11:57 AM Zain KSA sees 225% higher profits in 9M-23 initial results

Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) logged net profits after Zakat and tax amounting to SAR 971 million in the first nine months (9M) of 2023. The recorded profits hiked by 224.75% year-on-year (YoY) from …

Financial Results

6 August 2023 00:04 PM Zain KSA reports 221% leap in H1-23 net profit

Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) witnessed a 221.03% year-on-year (YoY) jump in net profit after Zakat and tax to SAR 687 million during the first half (H1) of 2023 from SAR 214 million. The earnings per …

Financial Results

9 May 2023 00:17 PM Zain KSA’s net profits hit SAR 563m in Q1-23

Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) registered a 595.06% hike in net profit after Zakat and tax to SAR 563 million during the first quarter (Q1) of 2023. The higher net profits were compared with SAR 81 …

Financial Results

26 March 2023 01:46 PM Zain KSA reports 157% higher profits in 2022; dividends proposed

Riyadh – Mubasher: The net profits after Zakat and tax of Mobile Telecommunication Company Saudi Arabia (Zain KSA) hit SAR 550 million in 2022, higher by 157.01% than SAR 214 million in 2021. The Tadawul-listed firm posted an annual surge of …

Cash Dividends

9 January 2023 09:06 PM Zain KSA announces equity sale in towers infrastructure for over SAR 3bn

Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) announced selling stakes in its towers’ infrastructure to the subsidiary Golden Lattice Investment Company (GLIC) for a total value of SAR 3.02 billion on 8 January. Zain …

Companies Investments

2 November 2022 02:23 PM Zain KSA's profits hike to SAR 299m in 9M-22 interim results

Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) achieved net profits after Zakat and tax worth SAR 299 million in the first nine months (9M) of 2022, an annual leap of 109.09% from SAR 143 million. Revenues jumped by …

Financial Results