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Zain Bahrain posts $2.4m Q1 profit; LTE usage surges (Trade Arabia - 24/04/2016)

Zain Bahrain, a key telecoms provider in the kingdom, posted a BD917,000 ($2.4 million) net profit for the three-month period ending March 31, 2016, as data usage through its state-of-the-art 4G LTE network surged by 121 per cent, the company said. The

Amanat acquires 16.02% in an education portfolio through Madaares (CPI Financial - 18/04/2016)

Amanat Holdings PJSC announced today that it has acquired, through one of its subsidiaries, a 16.02 percent stake in Madaares PrJSC for AED 139.4 million. Through acquiring this stake, Amanat is now among Madaares five largest shareholders. Founded in

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