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14-Dec-2016

Zain Group makes strategic partnership with US-based, Colle Capital Partners venture fund

Zain Group [ZAIN.KW] has made a strategic partnership with US-based, Colle Capital Partners, a global venture fund which invests in early stage technology. The fund focuses on companies in the following sectors: energy, media, telecommunications, health IT, security, and software development. This is part of Zain Group’s strategy to expand in the digital space. (Company disclosure)   Zain Group: KWD0.41 as of 13 Dec 2016, Rating: Buy, TP: KWD0.49/share, MCap: USD5,647mn, ZAIN KK / ZAIN.KW

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