Suq Al Mal

In reviewing the 1H10 results of Gulf Finance House, Global Investment House, and Shuaa, I've commented that the only signs of a turnar...

Saudi Zain announced on the Tadawwul (Saudi Stock Exchange) today 21 August a plan for a capital reorganisation to be put to a vote at an e...

Last month the fine folks at Al Joman Center for Economic Consultancy published a series of reports analyzing loans by economic sectors (a...

AlQabas reports that an unnamed Bahraini Investment Bank is acting as a middleman between Turkcell and major shareholders.  Starting price...

Copyright Stahlkocher GNU Free Documentation License You've probably heard about Zain's Board's decision to pay out a dividen...

  Two announcements from Saudi Zain on 2009 results at the Tadawul (Saudi Stock Exchange) today.  One the commentary .  The second a summar...

If you're following Saudi Zain, a couple of articles from the Saudi Gazette. One on growth in the mobile phone market - a reminder th...

And the FT does a bit of scrutinizing . As to the basic story, this really isn't "news" nor is it a revelation.  Nor was it ...

Here are the main points from the press release (Arabic only - which is below). Comments in  italics in parentheses are my interpretations....

Saudi Zain issued an announcement on the Tadawul today advising that it is considering a Rights Offering as a way of increasing capital.  ...

Saad AlBarrak gave an interview in Riyadh today.  I haven't found anything in the Saudi Press.  The best account so far is from Zawaya ...

The National has an article in favor of Dr. AlBarrak's stewardship. The problem is not at Zain.   The fundamental problem is simply ...

The National (Abu Dhabi) attributes Saad's resignation to differences with the AlKharafi Group a major shareholder over the future dir...

There's an announcement on the Kuwait Stock Exchange today that Saad Al Barak has resigned as Vice Chairman/Managing Director.  The ann...

  Kuwait's Al Anba'a newspaper reports that Zain is in discussions with non regional banks for a loan of between US$500 to US$600 ...

You've probably seen reports that Saudi Zain missed "commitments" under its US$2.6 billion  equivalent "Islamic" ...

There's no joy in Kuwait tonight as some important people up there were counting on this sale to help them with urgent cashflow needs. ...

There has been a lot of analysis about the decline in Zain shares and the implications for the Kuwaiti market.  Usually along the lines of t...