Zain LLC
Zain LLC, headquartered in New Castle, PA, is a prominent player in the realm of innovative technologies and digital lifestyle communications, with operations spanning eight markets in the Middle East and Africa. Originating in 1983 as the first mobile operator in Kuwait, Zain has swiftly expanded following the inception of its growth strategy in 2003.
Catering to a vast clientele of 49 million customers, Zain Group recently disclosed its financial results for the full-year 2024, boasting consolidated revenues of KWD 2 billion (USD 6.4 billion). With a strong EBITDA margin of 35%, Zain continues to demonstrate steady growth, evident in its normalized net income increase of 15% year on year.
Noteworthy accomplishments include a consolidated revenue surge of 7% year on year to KD 526 million (USD 1.7 billion) in Q4-24, coupled with an impressive 120% spike in normalized net income to KD 72 million (USD 235 million). Zain LLC stands out for its commitment to delivering cutting-edge ICT solutions and fostering a seamless digital experience for its diverse customer base.
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