Telecom profits jump 40% to 262.5M
Kuwait Telecom Companies Achieve Strong Financial Performance in the First Half of 2026 Kuwait's telecommunications companies achieved solid financial results during the first half of 2026, with a total profit of 262.5 million Kuwaiti dinars, reflecting an increase of 76.2 million dinars (+40.9%) compared to the same period last year. In the second quarter, the combined profits of the three companies rose by 43.3% to reach 151.5 million dinars, with "Zain" recording an impressive growth of 89.5% to 140.4 million dinars. The profits of "Ooredoo Kuwait" and "stc" showed slight increases. This rising performance underscores continuous operational improvements and growing demand for data services and cloud solutions, reinforcing the sector's role as a key supporter of the national economy amidst the ongoing digital transformation.
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