Commercial Services - News
Agility plans up to $100m Africa spend this year
(Reuters - 19/02/2015)
Kuwait-listed logistics firm Agility plans to spend up to $100 million this year on its expansion plans, with Africa the main target of its investment, a senior executive said. Among the target markets for the company's expansion would be Ghana, ...
Tabreed reappoints Ridlington as CFO
(Reuters - 11/02/2015)
Dubai-listed Tabreed has reappointed Steve Ridlington as chief financial officer after a four-year hiatus abroad, the UAE utility said on Wednesday. Ridlington, who was CFO from 2009 to 2011, will return to Tabreed - formally called National Central ...
Zain Bahrain opens new store at centre
(Gulf Daily News - 03/02/2015)
Zain Bahrain has announced the opening of a new state-of-the-art experience centre in City Centre Bahrain. 'This echoes our long-term growth strategy and vision to provide the most innovative service and products and create a truly seamless customer ...
Zain Bahrain B.S.C. (ZAINBH) Cash Dividend Recommendation
(Stock Market News - 01/02/2015)
The Board of Directors (BOD) of Zain Bahrain B.S.C. (ZAINBH) agreed in its meeting held on Saturday 31/1/2015, to recommend the following distribution to its shareholders registered on the date of the AGM (the record date): • Cash dividend of 5% at par ...
Zain Bahrain registers $10.9 million net profit
(Gulf Daily News - 01/02/2015)
Zain Bahrain generated revenues of BD71.8 million ($190.5m) in 2014, a decrease of 8.1 per cent on the previous year's BD78.1m ($207.1m). EBITDA for the period reached BD27m and BD29.3m with percentage change of 7.8pc, reflecting a healthy margin of ...
Zain Bahrain plans to boost 4G LTE capacity
(Gulf Daily News - 28/01/2015)
Zain Bahrain has announced a planned network expansion which will increase overall 4G LTE network capacity. 'During the next few days we will be expanding our 4G LTE network capacity by 30 per cent, which will enable us to continue delivering superior ...
Tabreed’s 2014 Full Year Net Profit Increases 20% To AED 326 M
(Press Release - 22/01/2015)
National Central Cooling Company PJSC (‘Tabreed’), the leading Abu Dhabi-based district cooling utility company, today released its 2014 audited full year financial results. In addition to connecting over 118,000 tons of cooling (RT) to customers, the ...
Zain Bahrain renews partnership with SMMF
(Telecompaper - 21/01/2015)
Zain Bahrain announced the renewal of its strategic partnership with the Social Media Master Forum organized by Social Media Club Bahrain. The Social Media Master Forum will be held at the end of this month. This year's event, themed 'Social Media and ...
Tabreed Renews Major District Cooling Agreement in Abu Dhabi
(Press Release - 20/01/2015)
National Central Cooling Company PJSC (‘Tabreed’), the Abu Dhabi based regional district cooling utility infrastructure company, today announced the renewal of its district cooling agreement with Aldar Properties PJSC (‘Aldar’). The renewed agreement has ...
Zain launches new data offer
(Gulf Daily News - 20/01/2015)
Zain Bahrain has introduced a new data package for prepaid customers. The 'Data Add-Ons' package will allow users to enjoy data services at a daily, weekly or monthly fee with free 4G service offered on the monthly data add-ons. The service will allow ...
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