Zain Group, Kuwait’s first mobile telco operator, announced its inclusion in the global Climate Change index of the CDP. Zain attained a Management Scope ‘B’ rating, making it the highest-ranked and only telecom operator in the Middle East and Africa (MEA) to achieve this mark.

Read more: Zain ranks as top MEA telecom operator in CDP’s climate change index

Smile Telecoms Holdings Ltd., a Pan-African telecommunications group with operations in Nigeria, Uganda, Tanzania, and the Democratic Republic of the Congo, announced after its board meeting, significant changes in the leadership of the Group's board and management.

Read more: Smile Telecoms Holdings Ltd. announces major leadership changes

South African MTN Group said in a statement that it is still on its word to continue negotiating a $65 million sale of its 75% stake in its Syrian unit despite the business, MTN Syria, being placed under judicial guardianship over alleged MTN violations of the terms of its licensing contract, which the state says deprived the government of revenue.

Read more: MTN Group in discussion for $65mn deal for Syrian business

The Saudi Mobile Telecommunication Co. (Zain KSA) recorded a net profit of SR260 million ($70 million) for the year 2020, a 46 percent decrease in earnings as compared to a previous net profit of SR485 million, the company stated on the Saudi stock exchange (Tadawul).

Read more: Zain KSA posts net profit of SR260 million for FY 2020

Telecom giants Etisalat and stc remain the frontrunners across the MEA region, claiming the title of the MEA’s strongest and most valuable telecoms brands, respectively, as per  Brand Finance Telecoms 150 2021 report.

Read more: Etisalat and stc retain titles of MEA’s strongest and most valuable telecoms brands

Etisalat Group announced its preliminary financial results for the year 2020, recording a 4% year-on-year growth in profits to reach 9 billion dirhams ($ 2.45 billion), benefiting from reduced operating expenses after the fourth quarter of 2019 saw allocations of 1.2 billion dirhams due to a decrease in value of the subsidiary company in Pakistan. These results are among the highest annual profits recorded by the group since 2016.

Read more: Etisalat Group registers highest annual profits in 5 years

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