Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Join the forum, it's quick and easy

Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


4 posters

    Zain Iraq Announces put 25% of its shares in Iraq's financial market in June next like Bassayasl

    Bama Diva
    Bama Diva
    Moderator
    Moderator


    Posts : 1736
    Join date : 2012-12-21
    Location : Gulf Coast

    Zain Iraq Announces put 25% of its shares in Iraq's financial market in June next like Bassayasl Empty Zain Iraq Announces put 25% of its shares in Iraq's financial market in June next like Bassayasl

    Post by Bama Diva Tue 19 Feb 2013, 7:49 am

    Zain Iraq Announces put 25% of its shares in Iraq's financial market in June next like Bassayasl

    19-02-2013 | (Voice of Iraq)

    Company announced (Zain Iraq) for communications it was preparing to put 25% of its shares in the Iraqi market for securities, after the previous rival (Asiacell) on the same thing earlier this month, with an eye to the number of its subscribers in Iraq approached the 14 million subscribers, saying that profits last year amounted to $ 369 million.

    And chief financial and operational Zain Iraq, Wael Ghanayem, according to reported on (Bloomberg) specialist news events economic, and seen by (long-Presse), said that "Zain Iraq will be 25% of the shares in the Iraqi market for securities in the month of June next," adding, "We expect that the demand for the company's shares a strong and big check our shares attractive."

    And between Ghanayem, that "Zain Iraq, arrived at the final stages to turn into a company bearing shares," pointing out that "the company's profits increased by 6% last year 2012, to reach $ 369 million, and we expect to double the growth figure this year."

    Ghanayem pointed out that "Zain Iraq holds 50% of the proportion of subscribers in mobile networks across Iraq after the rise in the number of subscribers increased by 10%, as they arrived to 13.7 million at the end of last year."

    And the Chief Financial Officer of Zain Iraq that "the company plans to invest 15% of its revenues for 2013 in the expansion and modernization of its network," he said, adding that it "is also seeking to add 3G service that will open the horizon of growth in the telecommunications services industry."

    The move to Zain Iraq, shortly after the rival company (ACL) offering its shares for sale, which started selling this earlier this month in the largest shares are offered to the market in the Middle East since 2008.

    The Enaym said that "Zain Iraq selected by both the City Group company, and National Bank of Kuwait, and BNP Paribas as advisors to the IPO process."

    The Iraqi market for securities, Taha Ahmed al-Rubaie, announced sale 35 billion shares in less than two hours out of more than 67 billion shares raised Asia-Cell mobile phone service for trading on Sunday (February 3, 2013), in "the largest subtraction initial shares in Middle East since 2008 ", and stressed that this process is part of the conditions of mobile phone licenses in Iraq, speculation that the company will achieve earnings exceed a billion dollars of this process.

    The Asia-Cell revealed in (26 December 2012), it will present at the beginning of this year, shares in the Iraqi market for securities valued at $ 1.23 billion.

    [You must be registered and logged in to see this link.]
    lonelyintexas
    lonelyintexas
    Interacting Investor
    Interacting Investor


    Posts : 4285
    Join date : 2012-12-19
    Location : San Antonio

    Zain Iraq Announces put 25% of its shares in Iraq's financial market in June next like Bassayasl Empty Re: Zain Iraq Announces put 25% of its shares in Iraq's financial market in June next like Bassayasl

    Post by lonelyintexas Tue 19 Feb 2013, 7:54 am

    This will be the second cell phone company in Iraq. Things are booming.
    LIT
    notazbad2000
    notazbad2000
    NNP TEAM
    NNP TEAM


    Posts : 5132
    Join date : 2012-12-19
    Age : 60
    Location : The Sunshine State

    Zain Iraq Announces put 25% of its shares in Iraq's financial market in June next like Bassayasl Empty Re: Zain Iraq Announces put 25% of its shares in Iraq's financial market in June next like Bassayasl

    Post by notazbad2000 Tue 19 Feb 2013, 7:58 am

    We're talking 3G here...


    _________________
    TAZ

    The ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy.
    Martin Luther King Jr., Strength to Love, 1963

    Screwball
    Screwball
    Interacting Investor
    Interacting Investor


    Posts : 3484
    Join date : 2012-12-19

    Zain Iraq Announces put 25% of its shares in Iraq's financial market in June next like Bassayasl Empty Re: Zain Iraq Announces put 25% of its shares in Iraq's financial market in June next like Bassayasl

    Post by Screwball Tue 19 Feb 2013, 3:43 pm

    Yeah baby better start stocking up my account with more cash!

    Sponsored content


    Zain Iraq Announces put 25% of its shares in Iraq's financial market in June next like Bassayasl Empty Re: Zain Iraq Announces put 25% of its shares in Iraq's financial market in June next like Bassayasl

    Post by Sponsored content


      Current date/time is Fri 19 Apr 2024, 11:22 am