* Nomura named adviser to Vavasi-led group after Zain stake * BNP Paribas named adviser to Kharafi in stake sale KUWAIT, Nov 24 - Kuwait's Kharafi Group and a consortium led by India's Vavasi Group...
Sam Deeb, chief financial officer (CFO) of the Zain Group has been awarded the prestigious 'Mena CFO of the Year' at the annual CFO Middle East Forum organised by the Monaco based Naseba Group.
Indian state-run telecoms firms Bharat Sanchar Nigam Ltd and Mahanagar Telephone Nigam Limited have not joined a consortium seeking to acquire Kuwait's Zain, Junior Telecoms minister Gurudas Kamath told parliament on Monday.
Telecom giant Zain was named the best mobile operator in the Middle East.
The head of niche Swedish telecoms operator Millicom said there could be opportunities to pick up African assets of Kuwait's Zain if that unit were broken up.
The website of the Zain Group (www.zain.com), the leading mobile telecom operator in the Middle East and Africa, has been ranked 3rd best site in the GCC countries.
Certain Securities Group Co portfolio clients want to join Kharafi Group in their deal to sell a 46-percent stake in telecoms firm Zain to Asian investors.
Kuwait-based telecom firm Zain is not concerned over a lawsuit by South Africa-based Econet Wireless disputing the ownership of Zain Nigeria, Zain's chief executive said in remarks published on Monday.
Zain Bahrain, a leading telecom operator, has launched a new service, which offers cross-border connectivity linking 14 countries in the Middle East and East Africa regions at local prices free of roaming surcharges.
India's Bharat Sanchar Nigam Ltd (BSNL) is still considering whether to join a consortium that is buying a 46 percent a stake in Kuwait's Zain, the chairman of the state-run telecom said on Tuesday.