Officials from Zain Group to meet with Egyptian government today to discuss potential acquisition of 4G licence
Following earlier news on Zain Group’s [ZAIN.KW] interest in acquiring the 4G licence in Egypt. Officials from the company are expected to meet with the Minister of Communications Information Technology (CIT), Yasser Al Kady and the acting head of the National Telecommunications Regulatory Authority (NTRA), Moustafa Abdel Wahed today to discuss the licence terms. (Al Mal) Zain Group: KWD0.33 as of 19 July 2016, Rating: Buy, FV: KWD0.51 per share, MCap: USD4,683mn, ZAIN KK / ZAIN.KW
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