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Zain's H1 net profit up 73 to $717M
Zain Group achieved exceptional growth in its net profits during the first half of 2026, jumping by 73% to reach 220 million Kuwaiti Dinars (717 million US dollars). Revenue increased by 5% to 1.14 billion Kuwaiti Dinars (3.71 billion US dollars), marking the highest level in over 15 years. This growth is attributed to strong performance in data services, the expansion of 5G network coverage, and an increase in the customer base which reached 51.9 million. Additionally, the group realized investment gains of 411 million US dollars from Zain Ventures. The group also announced an extraordinary cash dividend of 17 fils per share, starting October 2026, as it continues investing in infrastructure development and digital transformation technologies to strengthen its position as a driver of innovation and regional growth.
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