Home
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.]
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.]
» The budget spreads its papers on the table of secret settlements..and the representatives are protes
» The Council of Ministers holds its regular session headed by Al-Kazemi
» Statement from Commerce regarding the 'electronic automation form stamp'
» Democratic deputy: We will overcome the differences in tomorrow's session
» The end of a lengthy meeting of the framework and the announcement of an agreement to pass the budg
» Hannoun: The Central Bank will support the initiative to support small and medium enterprises
» USAID: We are committed to cooperating with our Iraqi partners to bring about positive change.. Thes
» The Central Bank denies depriving banks and companies from participating in the external transfer pl
» Details of a meeting between the Minister of Finance and a number of deputies
» Democrat lawmaker reveals 'drastic changes' on eve of budget session
» Emir of Qatar in Baghdad.. Economic and investment issues will be present
» Warnings of running out of Iraqi cash reserves due to indicators of the international economy
» A manipulation that almost made a profit of 1.2 billion dinars.. The abundant wheat season "tempts"
» Members of Parliamentary Finance: The political forces hijacked the budget
» The Electoral Commission clarifies the mechanism of work of the monitoring teams and the conditions
» Oil Allocates 40,000 residential plots of land in Basra for workers in the oil sector
» Minister of Oil: Allocating (40) thousand residential plots of land in Basra for workers in the oil
» The Minister of Oil reveals to Alsumaria the possibility of compensating Iraq for Iranian gas
» Iraq and Hungary are discussing the strategic development path project
» The Central Bank of Iraq denies the allegations of stopping some electronic payment cards
» A parliamentarian detonates a surprise about the budget, hours before it is approved
» Frank26 is Going Live!!! Tuesday Night 6-6-2023
» Here, There and Everywhere
» In the presence of Al-Sudani, the framework agrees to pass the budget tomorrow
» The Central Bank of Iraq gives approval to open a government bank in Kurdistan within the unified ba
» Counterfeit currencies penetrate Iraq's borders and cause an increase in the value of the dollar
» Finance is discussing with the Swedish ambassador to build partnerships in the financial, economic a
» Independent deputies announce attendance at tomorrow's session: it may pass without the Democrat
» The Central Bank: directed to build a national lending strategy that will come into effect in early
» Planning begins with the implementation of the social and economic survey of the family in Iraq
» The Iraqi Trade Bank warns against trading in (the Belarusian ruble) and (the Venezuelan bolivar)
» Parliamentary Finance: Efforts to transfer the region's oil to be used locally and to preserve the a
» Politician: Exporting oil through SOMO will reveal the parties with which the region deals
» Budget 2023.. Al-Sudanese is betting on the majority to support the service government
» Disclosure of a prior and comprehensive political agreement to pass the budget tomorrow
» Economic: Legislation of the oil and gas law has become binding on the government and parliament
» Iraqi-Japanese talks to complete the signing of agreements related to the oil industries
» Housing crisis.. Al-Sudani: We will provide serviced plots of land and will not suffice with complex
» Al-Sudani: The development road includes the largest industrial city in the Middle East
» The World Bank lowers its forecasts for the economies of the Middle East in 2023
» It witnessed an increase during Al-Kazemi’s rule.. The World Bank: Iraq’s GDP growth declined by 1.1
» Report: Saudi Aramco is seeking large oil opportunities in Iraq
» The Aviation Authority announces the activation of 8 air transport agreements
» The use of POS devices, start-up and future prospects
» Sales of the Central Bank of Iraq exceed 230 million dollars in today's auction
» Sudanese political advisor heralds an important event next Thursday
» Integrity announces the registration of a case of poor implementation that wasted a billion dinars
» The Sudanese government takes new decisions
» Independent deputy: We have not received a copy of the budget yet
» The Central Bank of Iraq gives approval to open a government bank in Kurdistan within the unified ba
» Keywords confirms that "leadership" will achieve a quantum leap in the Iraqi economy
» The Central Bank of Iraq, managed by Al-Alaq, succeeds in raising Iraq's financial reserves
» Uncertainty surrounds the date of the vote on the budget
» Al-Sudani presents the government's strategy to solve the housing crisis
» Tomorrow is the date for the budget vote
» The Council of Ministers directs the preparation of a draft decision regulating the import of vehicl
» Iraq expands electronic payment outlets "pos"
» Al-Haimus: The exchange rate of the dollar will decrease
» Foreign oil companies exacerbate the thirst of the south
» The legitimacy of the regional parliament creates a political division in Kurdistan
» The opening of the first Iraqi bank in Saudi Arabia
» General Electric implements long-term maintenance plans for the electricity sector
» The Iraqi dinar is falling again against the dollar... the dilemma of the "security mentality" and t
» The Iraqi government issues a number of new decisions
» An economist accuses the Association of Banks of being behind the high dollar exchange rate
» Al-Araji: The budget deficit is an excuse to disturb the understandings of the center and the region
» In response to her threat.. A legal expert explains the authority of the Minister of Finance to chal
» The head of securities reveals the reasons for the fluctuation of the exchange rate of the dollar an
» Within hours.. an "important" meeting to resolve the passage of the budget in the presence of Al-Sud
» Dollar exchange rates in the local markets for today
» Agency: Billions of dollars of frozen Iranian assets in Iraq will be released
» Amidst a significant rise in prices.. The Central Bank of Iraq sells more than 230 million dollars i
» Tomorrow, Parliament will vote on the budget and news of an imminent agreement with Kurdistan
» Al-Sudani: 9% of Iraqis live in slums
» Water Resources: The current reservoir void is 10 times the capacity of the Mosul Dam
» Al-Sudani attends the opening ceremony of Amwaj International's new residential project
» The Ministry of Foreign Affairs announces the laying of the foundation stone for the new building of
» President of the Federal Court from Algeria: Iraq has come a long way in building its democratic con
» In the presence of Al-Sudani.. a crucial meeting on the budget today in Al-Amiri's office
» Zaidan and Al-Shammari discuss developing the capabilities of police officers in the field of invest
» Al-Sudani agrees to appoint 1,200 workers who worked in a previous period in Karbala refinery
» Global Health: Iraq laid the first building block in building an advanced digital health system
» Finance: We will challenge the budget if it is approved and contains a change to the paragraphs incl
» The President of the Republic stresses the need for members of the House of Representatives to issue
» Finance reveals the fact that transfers are made in the budget
» Health announces the start of digitizing the system of availability of resources and services
» Presidential position regarding the budget session: Delay will hinder the government's work
» Dollar exchange rates in Iraq's local markets
» Rising real estate prices arouse discontent in the Iraqi street
» More than 58 billion dinars, the Iraqi Central Bank imposed fines on banks and exchange companies
» Interview print MilitiaMan and Angel1: "Iraq-3rd World Country to 1st World Leader 6-4-2023
» Militia Man & Crew Iraq- 3rd World to 1st World Country Leader with Militia Man & Angel1
» Economic institution: The average monthly consumption of the Iraqi citizen is 365 thousand dinars
» The “Capital Bank” group promises Iraq a commercial qualitative leap with the Gulf countries
» Baghdad recommends that the Kurdistan Region complete the procedures for opening the government "Nis
» More than $5 billion in auction sales of the Central Bank of Iraq within a month
» The Democratic Bloc does not rule out boycotting the budget session in the event that differences ov
» Romanowski reveals Washington's position on the Iraqi government and announces a set of understandin