logo
Zain KSA sees 28% higher profits in H1-25; revenues hit $1.41bln

Zain KSA sees 28% higher profits in H1-25; revenues hit $1.41bln

Zawya19 hours ago
Riyadh – The net profits of Mobile Telecommunication Company Saudi Arabia (Zain KSA) hit SAR 220 million in the first half (H1) of 2025, an annual leap of 27.90% from SAR 172 million.
The Saudi group generated revenues amounting to SAR 5.34 billion in H1-25, higher by 5.05% year-on-year (YoY) than SAR 5.08 billion, according to the financial statements.
Earnings per share (EPS) reached SAR 0.24 as of 30 June 2025, up from SAR 0.19 in H1-24.
Financials for Q2-25
In the second quarter (Q2) of 2025, Zain KSA achieved net profits valued at SAR 127 million, marking a 20.95% YoY jump from SAR 105 million in Q2-24.
The revenues witnessed a 3.99% rise to SAR 2.65 billion in Q2-25, compared to SAR 2.55 billion a year earlier.
Quarterly, the Q2-25 net profits surged by 36.55% from SAR 93 million in Q1-25, while revenues declined by 1.33% from SAR 2.69 billion.
All Rights Reserved - Mubasher Info © 2005 - 2025 Provided by SyndiGate Media Inc. (Syndigate.info).
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Netflix & Shahid Launch Middle East's 1st Joint Subscription
Netflix & Shahid Launch Middle East's 1st Joint Subscription

UAE Moments

time2 hours ago

  • UAE Moments

Netflix & Shahid Launch Middle East's 1st Joint Subscription

In a strategic industry first, Netflix and MBC Group's Shahid have teamed up to introduce a single joint subscription package for the Middle East and North Africa (MENA), available now via MBCNOW. This ground‑breaking bundle, launched initially in Saudi Arabia, delivers Netflix's full global library—series, films, documentaries, live events, gaming—alongside Shahid's rich Arabic-language dramas, films, documentaries, and MBC's linear TV channels. Subscribers can now enjoy this hybrid package through MBCNOW, the entertainment hub launched by MBC earlier in 2025. Shahid continues as a standalone service, but the Netflix‑Shahid bundle is exclusively offered via MBCNOW. Netflix has never before offered a region-specific bundle with a local OTT service like Shahid. The deal sets a new precedent in cross-platform partnerships. Viewers get the best of both worlds—Netflix's global content (e.g., Squid Game) and Shahid's award-winning Arabic titles and live TV channels—all accessible under one roof. Consumers save over 21% compared to subscribing separately to both services. The joint subscription will be immediately available in Saudi Arabia at major retailers and online platforms. Rollout across the GCC and wider MENA region is slated for after the summer, with specific launch dates pending. MBCNOW was launched in February 2025, aiming to converge MBC's broadcast channels, Shahid, and now Netflix into one entertainment ecosystem. This milestone marks a pivotal moment in MENA's streaming landscape—merging global reach with regional storytelling in one accessible, cost-effective bundle.

Sheikha Bodour Becomes University of Leicester's 1st Honorary Professor
Sheikha Bodour Becomes University of Leicester's 1st Honorary Professor

UAE Moments

time7 hours ago

  • UAE Moments

Sheikha Bodour Becomes University of Leicester's 1st Honorary Professor

Sheikha Bodour bint Sultan Al Qasimi, President and Chairperson of the Board of Trustees at the American University of Sharjah (AUS), was formally conferred the title of Honorary Professor by the University of Leicester, a distinction given for the first time in the university's history. The ceremony took place at the School of Business's Brookfield Campus and was led by Professor Henrietta O'Connor and Professor Dan Ladley. This prestigious recognition honours her exceptional contributions to women's empowerment, child literacy, and cultural development on a regional and international scale. Connecting Cross-Cultural Academia and Creativity During her visit, Sheikha Bodour engaged with faculty and students and took part in a discussion on museum studies and research within the cultural sector—underscoring her commitment to international academic collaboration and cultural understanding. Championing Literacy, Inclusion, and Publishing Innovation As the founder and CEO of Kalimat Group, Sheikha Bodour has overseen the publication of over 500 socially conscious Arabic children's books across 15+ countries. Her Kalimat Foundation has delivered inclusive literacy programs in 31 nations. She played a pivotal role in the UAE's accession to the Marrakesh Treaty, which ensures accessible books for persons with print disabilities. She also established the Emirates Publishers Association, the UAE Board on Books for Young People, and made history in 2020 by becoming the first Arab woman to serve as President of the International Publishers Association since its founding in 1896. Empowering Women and Strengthening Educational Equity Reflecting on the honour, Sheikha Bodour said, 'This recognition from the University of Leicester is deeply meaningful… education is one of the most powerful ways to build cultural bridges.' She expressed her hope that the award inspires young women to 'lead with purpose' and claim their ideas and space confidently. Professor Dan Ladley described her as 'inclusive, inspiring and impactful,' praising her unwavering dedication to equality, leadership, and transformation across education and publishing. A Trailblazer's Broader Legacy Under Sheikha Bodour's leadership at AUS, new initiatives include six research centres spanning artificial intelligence, sustainability, and Islamic studies, as well as scholarship expansions for underrepresented students. She spearheaded the establishment of the first endowed academic chair for women's leadership in the UAE— the Sheikha Jawaher bint Mohammed Al Qasimi Chair in Women's Leadership in partnership with NAMA Women Advancement Establishment. Her influence continues beyond academia: she drives cultural innovation through Sharjah Publishing City, UNESCO initiatives, and global platforms including WEF and UNESCO World Book Capital Networks. The University of Leicester's conferment of its first-ever Honorary Professorship on Sheikha Bodour Al Qasimi is a historic tribute to her leadership in education, literacy, and cultural diplomacy. Her appointment symbolizes the university's values of inclusivity, global engagement, and academic excellence—and heralds a new era of cross-border collaboration and inspiration.

Abu Dhabi sets out Dh764m investment plan to boost tourism in Oman's Salalah
Abu Dhabi sets out Dh764m investment plan to boost tourism in Oman's Salalah

The National

time8 hours ago

  • The National

Abu Dhabi sets out Dh764m investment plan to boost tourism in Oman's Salalah

Abu Dhabi has set out a Dh764.5 million ($208 million) investment strategy to boost tourism in Salalah, Oman, with plans for a sprawling luxury resort and a marina and beachfront revamp that will help generate hundreds of jobs. The major development – set across a 2.5 million square metre area in Jinawf – aims to bolster Oman's rising status as a tourism hub in the region and globally. Abu Dhabi Fund for Development (ADFD) took part in a ground-breaking ceremony for the Integrated Tourism complex project in Salalah on Monday, along with Omani authorities. The first phase, covering 604,000 square metres, will feature a high-end resort with more than 120 rooms and chalets, as well as the development of the marina and the regeneration of coastal and beachfront areas. The significant funding injection from ADFD will also support essential infrastructure works, including roads and public utilities. "This project is a testament to the deep-rooted strategic ties between the UAE and the Sultanate of Oman," said Mohammed Saif Al Suwaidi, director general of ADFD. "It reaffirms ADFD's ongoing commitment to supporting the development strategies of partner nations through investments that enable economic growth and generate a positive, sustainable impact for local communities. "The project also reflects our vision of economic diversification and our proactive approach to advancing sustainable development through meaningful regional partnerships and shared prosperity." Azzan Al Busaidi, Undersecretary of the Ministry of Heritage and Tourism in Oman, said the scheme was expected to create hundreds of job opportunities while stimulating growth across key economic sectors. The project is central to Oman Vision 2040, which positions tourism as a key driver of economic diversification. Salalah is already a popular tourist destination, particularly for travellers within the Gulf. Holidaymakers visit the city in large numbers during the Khareef season – typically from June to September – when monsoon rains turn the desert landscape into a vibrant sea of lush greenery, leading to cooler temperatures. Last year there were 15 million domestic tourists and four million internationally, exceeding previous record levels of 2019. The UAE, India, Germany and other western European countries were the main tourist source markets for the sultanate. The UAE and Oman last year established investment partnerships worth Dh129 billion across several sectors including renewable energy, railway, green metals and technology. The collaborations were announced following the state visit of Oman's Sultan Haitham to the UAE in April last year. The two countries will set up an industrial and energy mega project valued at Dh117 billion, with solar and wind projects, and green metal production units.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store