Latest news with #ZainBahrain
Zawya
2 days ago
- Business
- Zawya
Zain Bahrain's H1 revenue hits $109mln; net profit up 4.8%
Zain Bahrain, a leading telecommunications industry innovator in the kingdom, has reported a revenue of BD41.25 million ($109 million) for the first six months, up 7.3% compared to the previous year's figure of BD38.44 million ($101 million), while its total profit attributable to the shareholders surged by 4.8% to hit BD2.54 million ($6.7 million). Announcing its financial results for the six months ended June 30, 2025, Zain Bahrain said basic and diluted earnings per share for H1 2025 remained stable at 7 fils. Ebitda for H1 fell by 5.9% to BD11.09 million from BD11.79 million for the same period in 2024. Zain Bahrain's balance sheetremains strong with a total equity of BD 87.19 million as of June 30, 2025, compared to BD88.12 million for the year ended 31 December 2024, a slight decrease of 1.1%. The company's asset base stood at BD133.32 million as of June 30, 2025, a reduction of 6.1% from BD 141.91 million as of December 31, 2024. On its second quarter results, Zain Bahrain said its total profit attributable to the shareholders for the three- month period ended June 30, 2025 stood at BD1.37 million, representing an increase of 1% from BD1.35 million in Q2 2024. Basic and diluted earnings per share remained stable at 4 fils. The revenue for Q2 increased to BD20.24 million representing a growth of 6.9% compared to BD18.93 million in Q2 2024. Ebitda for Q2 2025 decreased by 6.3% reaching BD 5.71 million from BD 6.09 million in Q2 2024. Commenting on the results, Zain Bahrain Chairman Shaikh Ahmed bin Ali Al Khalifa said: "As we mark the midpoint of 2025, I am proud to share with you Zain's initiatives and results progress, which has strengthened our position as a national leader in innovation, youth empowerment, and customer experience." "We have achieved a remarkable growth with strong performance across all key indicators, including revenue, net income, and customer base. This impressive performance is a direct result of the company's forward-thinking strategy and relentless commitment to drive innovation, enabling a prosperous digital future for its customers," he noted. Shaikh Ahmed said: "Turning to our digital transformation journey, we have made significant advancements in our digital services and business operations by integrating AI solutions across many of our operational units, enhancing efficiency, and driving more informed decision-making." "Additionally, Zain Bahrain continues to broaden its portfolio of offerings, solutions, and partnerships for its enterprise customers, enabling the company to secure multiple major ICT deals and deliver cutting-edge connectivity solutions," he stated. "It is also noteworthy to reiterate that we have recently updated Zain Building design to create a more inclusive and diverse workplace environment that supports the varied needs and abilities of our employees and visitors which comes as part of Zain Bahrain's commitment to accessibility and inclusion," he noted. The top official pointed out that its innovative microfinance solutions app, Bede, continues to thrive and break new ground by expanding its services to new customer segments and enhancing its app experience, enabling customers to obtain funding from Bede within minutes. "As we conclude the first half of the year, we look to the future with great optimism and pride in the remarkable achievements we have accomplished," observed Shaikh Ahmed. "These milestones reaffirm our commitment to continuous development, excellence in performance, and innovation. Zain Bahrain will remain steadfast in its strategy of fostering a culture of ongoing growth while delivering a future-focused, exceptional experience that empowers our customers at every step and supports the Kingdom's sustainable and inclusive digital transformation," he added. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Daily Tribune
20-07-2025
- Business
- Daily Tribune
Zain Bahrain Backs Climate Youth : WEF-led hub joins drive
TDT | Manama Zain Bahrain is betting on the power of youth to reshape the nation's sustainability future. In a new partnership with the Global Shapers Manama Hub, the telecom giant is backing youth-led environmental and social impact projects aimed at empowering a new generation of Bahraini changemakers. The Global Shapers initiative, affiliated with the World Economic Forum (WEF), brings together young leaders to take action on pressing challenges in their communities. The Manama Hub, which leads these efforts in Bahrain, will now collaborate with Zain Bahrain to roll out new programmes combining future skills training, sustainability education, and civic engagement. Local Impact Zain Bahrain described the tie-up as a step towards activating youth to lead climate-focused initiatives with real-world impact. 'Zain Bahrain is proud to partner with Global Shapers Manama Hub to engage Bahraini youth in impactful environmental initiatives,' said Fatema Haider, Senior Manager of Corporate Sustainability, Inclusivity, and Culture at Zain Bahrain. 'We believe in supporting communities through knowledge sharing, leadership development, purpose-driven contribution, and active participation in building a sustainable future,' she added. The collaboration aims to raise awareness of key community challenges, promote environmental stewardship, and equip young Bahrainis with the tools to lead on societal change. Shared Vision For the Manama Hub, the partnership represents an opportunity to deepen its role in building future-ready talent. 'We are proud to collaborate with Zain Bahrain on strategic youth-focused initiatives – spanning sustainability, innovation, and future skills development,' said Curator Yara Abdulhameed. Zain Bahrain has been investing in social responsibility initiatives aligned with national development goals. The company's move to partner with a WEF-backed youth network underscores its focus on long-term transformation through community-based leadership. This initiative signals a broader trend among Bahraini firms embracing youth-led action as a lever for climate resilience, innovation, and inclusive progress.
Daily Tribune
17-07-2025
- Business
- Daily Tribune
Zain delivers connectivity at Youth City 2030
TDT| Manama Zain Bahrain is once again stepping up as the digital backbone of one of the Kingdom's flagship youth initiatives, bringing uninterrupted connectivity to 'Youth City 2030' for the fourth consecutive summer. The company has been named the official telecom sponsor of the event, which is currently underway at the Bahrain International Exhibition Centre and runs until August 21st. Digital backbone Zain Bahrain will provide free, reliable Wi-Fi for participants and visitors throughout the fiveweek event, ensuring seamless access to digital resources and learning tools. Organised by the Ministry of Youth Affairs in collaboration with the Labour Fund (Tamkeen), 'Youth City 2030' offers hands-on experiences designed to sharpen the talents of young Bahrainis during the summer break. Supporting national goals The initiative forms part of broader national efforts to prepare the Kingdom's youth for future leadership roles and innovation-driven careers. Zain Bahrain's involvement supports the national vision by equipping the younger generation with access to connectivity that enables creativity, learning, and digital upskilling. 'Our sponsorship of Youth City 2030 reflects our commitment to empowering young people and supporting national initiatives that nurture learning, creativity, and innovation,' Zain Bahrain said in a statement. The sponsorship reflects Zain Bahrain's wider corporate commitment to youth empowerment and its consistent investment in long-term nation-building efforts through technology. Four years strong This year marks the fourth consecutive time Zain Bahrain has partnered with 'Youth City 2030', demonstrating both continuity and commitment to public-private collaboration. Through such partnerships, the telecom company is reinforcing its position not only as a service provider, but also as a key enabler of inclusive digital access in line with Bahrain's future-facing ambitions.
Daily Tribune
14-07-2025
- Business
- Daily Tribune
Zain Bahrain Recognized Among Al Bilad's Top 50 Strongest Companies
Zain Bahrain is proud to be recognized as one of the 'Top 50 Strongest Companies in Bahrain' by Al Bilad for the third consecutive year. The recognition highlights the company's commitment to excellence and continued leadership in driving digital innovation across the Kingdom. Zain Bahrain proudly maintains a Bahrainization rate of 93%, reinforcing its focus on developing local talent and supporting national workforce goals. The award ceremony, attended by H.E. Mr. Abdullah bin Adel Fakhro, Minister of Industry and Commerce, and Mr. Sameer Abdulla Nass, Chairman of the Bahrain Chamber of Commerce and Industry, brought together key leaders to celebrate the achievements of top-performing companies across the Kingdom. This achievement reflects Zain Bahrain's unwavering focus on elevating customer experience and contributing meaningfully to national progress. Through its investment in talent, technology, and community-focused initiatives, the company continues to lead with purpose and impact.
Daily Tribune
19-06-2025
- Business
- Daily Tribune
Zain Rewards Trust with iPhone Giveaway
TDT | Manama Zain Bahrain has reaffirmed its commitment to rewarding customer loyalty by presenting four subscribers with the latest iPhones, as part of a promotional draw under its widely popular Wiyana Family package. The winners - Ali Ridha, Sayed Ameen Husain, Abdulrahman Khalifa, and Ali Naser - were selected through a draw that concluded on June 2nd. The initiative reflects Zain Bahrain's continued focus on recognising its loyal customer base with meaningful and high-value rewards. Celebrating customers The Wiyana Family package is tailored to meet the needs of modern families, combining connectivity, entertainment, and exclusive benefits under one simplified plan. Priced from BD 33 per month, it offers six mobile lines, unlimited local and roaming data, 500 roaming minutes, unlimited local calls, a device worth up to BD 400, 12-month subscriptions to Shahid and TOD, free cinema tickets, and discounts at over 110 retail and dining outlets across the Kingdom. Seamless access Zain Bahrain has made it easy for customers to join or upgrade to the Wiyana Family plan by visiting any Zain branch or simply reaching out via WhatsApp at 36107999. The telco describes the package as a complete lifestyle solution aimed at enriching family connectivity with extra value and convenience. Customer-first approach This campaign is part of Zain Bahrain's broader strategy to place customers at the centre of its innovation efforts. By offering generous benefits and celebrating loyalty with high-profile giveaways, Zain continues to build trust and engagement in a dynamic market. sdfsdf
