NBK Announces adversely by tensions in Iraq

12-03-2017 03:00 PM


Kuwait's Zain Telecom announced Sunday, it negatively affected by tensions in Iraq, unexpectedly positive improvement after the liberation of the city of Mosul of Al ' ISIS ', as she had reached the final stages of the sale over to mobile communications in Kuwait.

The company Chairman said the happiest albenwan in front of the General Assembly that the company negatively affected by tensions in Iraq, "pointing out" we expect positive improvement after the liberation of Mosul and Ramadi.

For his part, company Vice Chairman Bader SAE told reporters that the group reached the final from the traffic control over sales of mobile phone connections in Kuwait, indicating that Zin awaiting approval by the FCC.

In December it said Zain KSA unit is in talks to sell to a consortium comprising over tusk s. Aqua holdings. A top Executive said that the value of the transaction will exceed $500 million in Saudi Arabia.

Link