- Middle East Business News
Friday, 29 May 2020 05:03 UAE time


Kharafi Group

Main Category: Investment Companies
Country : Kuwait

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Major Zain shareholder backs Etisalat offer

Head of Kharafi Group says Etisalat offer is 'suitable and good for both parties'.

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Hyundai and Kharafi seal deal to build Kuwait port

Kuwait signs $1.1bn deal with South Korean company, local firm  to build commercial port.

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Kuwait's Kharafi says could sell majority in Zain

Group has already inked deal with Asian investors to sell 46% stake in Kuwaiti telco. 

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India's BSNL, MTNL doing due diligence for Zain - report

Indian ambassador to Kuwait confirms development in published remarks.

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India's BSNL, MTNL say yet to decide on Zain deal

State-run firms say in statement they are always on lookout to explore overseas opps.

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Indian, Malaysian consortium to buy Zain stake - Kharafi

Group will pay KD2 a share for 46% stake in Arab world's 3rd largest telco worth $13.7bn.

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India’s Reliance denies Kuwait Zain stake link

India’s second largest telco says not in talks to buy stake in Zain, or purchase African assets.

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Kuwait's Zain close to 46% stake sale - report

UPDATE 2: Telco said to be selling stake to Asian group in deal worth $13.7bn.

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Kharafi plans $130mn Libya resort project

Kuwait company's scheme will feature Holiday Inn hotel, due to open in 2011.

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Kuwait's Kharafi raises stake in Zain

Family-owned conglomerate now controls over 9.5% of second largest Arab telecom firm.

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Kharafi unit ups MTC stake

Kuwaiti group buys more shares in telco through Al-Khair National for Stocks and Real Estate.

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Kharafi raises MTC stake

Kuwaiti group raises stake and shifts shares in telecom operator to another unit.

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Court lifts Kharafi trading curbs

A Kuwaiti court has lifted the last stock exchange trading restrictions on the Kharafi Group.

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