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.