Company Overview
Zain Group is a Kuwaiti mobile telecommunications operator founded on 22 June 1983 as Mobile Telecommunications Company, abbreviated MTC, and rebranded as Zain in 2007. The group is listed on Boursa Kuwait and holds a commercial presence across the Middle East and Africa, including Kuwait, Saudi Arabia, Bahrain, Jordan, Lebanon, Iraq, Sudan and South Sudan, together with a presence in Morocco. Zain reported 50.9 million active customers as at 31 December 2025.
As at 2024 its two largest shareholders were Omantel, with 21.9 percent, and the Kuwait Investment Authority, with 15.9 percent. The group operates both mature Gulf markets and higher-growth African operations, and has pursued digital services and fintech alongside its core mobile business.
Recent Leadership News
Bader Nasser Al-Kharafi has served as Vice Chairman and Group Chief Executive Officer of Zain Group since March 2017. He was elected Chairman of Gulf Bank, a role Executive Moves has covered.
Facts compiled by Executive Moves from publicly available news and press releases on 16 July 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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