Zain Saudi Arabia, this firm is officially known to be as Mobile Telecommunications Company Saudi Arabia, it is among one of the most prominent businesses in the Kingdom’s (Saudi Arabia) telecommunications sector. The company was established to redefine connectivity and digital innovation, the company (Zain Saudi Arabia) has changed how people communicate earlier, access the internet, and gain new experience about the digital world.
Real questions and answers about Zain Saudi Arabia – Saudi Telecom Company
| Feature – Definition | Full details |
|---|---|
| Who is the founder of Zain Saudi Arabia? | Khaled Al-Hamid. |
| In what year was Zain Saudi Arabia founded? | Founded in the year 2008. |
| Where is Zain Saudi Arabia located? | Riyadh, Saudi Arabia |
| Who is the CEO of Zain Saudi Arabia? | Engineer Saad bin Abdulrahman Al-Sadhan. |
| Is Zain Saudi Arabia an Islamic company? | () |
| What is the full name of Zain Saudi Arabia? | Mobile Telecommunications Company Saudi Arabia |
| What is Zain Saudi Arabia’s main product? | Providing telecommunications and digital services. |
| How many employees does Zain Saudi Arabia have? | 1,503 employees. |
| What is the market value of Zain Saudi Arabia? | SAR 9.4 billion or $3.87 billion. |
| Is Zain Saudi Arabia a private company? | It is a public listed company. |
| Where can I buy Zain Saudi shares? | Al-Rajhi Capital, Samba Capital, NCB Capital, Aljazira Capital, and Riyad Capital (Tadawul). |
| What is the best platform to buy Zain Saudi shares? | Tadawul |
(Zain Saudi Arabia – Telecommunications Company) – Stock Details 2024
Below are some details related to the Saudi Telecom Company (Zain Saudi Arabia) stock, please refer to them.
Stock symbol: Zain Saudi Arabia’s stock symbol is 7030 on the most used Saudi Exchange platform known as Tadawul.
Market Cap: As of the year 2024 November, Zain Saudi Arabia’s market valuation is round to around SAR 9.56 billion (which is equivalent to USD 2.55 billion), and this value is calculated using an exchange rate of 3.75 SAR per USD.
Dividends: Zain Saudi Arabia aka Zain KSA released the dividends for the fiscal year 2023 in July of the year 2024. Each of the shareholders got SAR 0.5 per share, equivalent to 5% of the nominal share value. The company’s altogether approved cash dividend amounted to SAR 449,364,588. The shareholder who was eligible for this dividend was totally based on individuals owning shares at the close of the General Assembly day and registered in the Securities Depository Center (Edaa) 2 business days later?.
Ownership and Share Structure: Zain Saudi Arabia’s ownership has the major stakes by Zain Group (the parent company) and the Public Investment Fund (its short form is PIF). The rest of the ownership is held by public and institutional investors via its listing on some of the Saudi Stock Exchange. Zain Group (Kuwait) is the largest shareholder and it has a share of around 20-30%, the rest is held by public investors.
What is the market value of Saudi Telecom Company – Zain Saudi Arabia – 2024?
As of 2024, Zain Saudi Arabia’s total market capitalization is approximately $2.51 billion. This demonstrates a downward momentum from the previous year, when its market capitalization was higher.
(Saudi Telecom Company – Zain Saudi Arabia) – Founder’s Biography 2025
Zain Saudi Arabia was initially started by Khaled Al-Hamed. He played a very important part in the establishment of the company, the firm was originally named Etihad Etisalat (Mobily), later the name was changed to Zain Saudi Arabia.
(Saudi Telecom Company) Zain Saudi Arabia, should you invest in its shares in 2025?
Yes, you can invest in Zain Saudi Arabia shares, as they have great potential and very good performance over time, and they also have a very strong foundation. If you are looking for a stock for your investment portfolio, Zain Saudi Arabia will be a great choice for you, but before that, all the gains and losses will be in your hands, and this article has nothing to do with that.
