Scott Gegenheimer – ZAIN SAUDI ARABIA

Scott Gegenheimer profile image
Scott Gegenheimer profile image

Scott Gegenheimer – CEO of Zain Group

Mr. Gegenheimer has been the acting CEO of Zain Group since December 2, 2012. He holds a BS in Finance and Management from NIU (Northern Illinois University), as well as an MBA from DePaul University, Chicago.

Mr. Gegenheimer is a seasoned telecom professional boasting over 25 years of experience and a track record that speaks for itself. He has spent most of his professional years in Kuwait and other key locations in the region. He is a native of the US and prior to joining Zain Group, Gegenheimer spent the last years occupying different senior management and leadership positions with major Middle Eastern telecom companies.  He also worked for leading technology companies including Cisco Systems and Motorola.

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Zain Saudi Arabia

Zain

Zain is a mobile network operator based in Saudi Arabia. The company is Saudi Arabia’s third mobile network operator and runs its operations using GSM technology. Zain was established on the 26th of August, 2008 and had managed to gather around 2 million subscribers in less than six months of its launch. The company has a 25 year license to operate in the kingdom and is known to have paid $6.1 billion dollars for it. Zain’s shares are traded through the Saudi Arabian Tadawul Stock Exchange.

The mobile network operator is part of the larger Zain Group founded in Kuwait. The Zain mobile and telecommunications group offers its services across the Middle Eastern and North African regions, catering to 44.3 million customers.

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SABIC (Saudi Arabia Basic Industries Corporation)

Sabic

SABIC is a diversified Saudi Arabian company that specializes in manufacturing. The company operates within a wide range of sectors that include metals, chemicals and intermediates, fertilizers and industrial polymers. It is also the largest public sector company in Saudi Arabia, however, 70% of its shares are still held by the government. The company’s private shareholders are comprised of Saudi Arabians and other members of the six nation GCC (Gulf Cooperation Council).

SABIC, once held the position of being the fourth largest chemical producer in the world and currently, it holds the position of being the second largest ethylene producer, globally. In 2014, SABIC was also ranked fourth in the Fortune Global 500 list of chemical companies.

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