The AGM concluded with appreciation to shareholders, employees, and government partners, with the Group reaffirming its commitment to accelerating its TechCo transformation and delivering long-term value creation across its markets in 2026 and beyond.
Zain Group has held its Annual General Meeting (AGM) at its headquarters in Kuwait, where shareholders reviewed the company’s 2025 annual report and approved all 12 agenda items with a quorum of 77.67%.
The meeting also marked the release of Zain’s 2025 Sustainability Report and the presentation of its financial results for the year ended December 31, 2025, highlighting strong growth across revenue, profitability, and customer base expansion across the Middle East and Africa.
During the AGM, shareholders elected a new Board of Directors for a three-year term. The newly appointed board includes Nour Nael Ahmed Al-Jassim, Bader Nasser Al-Kharafi, Mishari Asi Al-Hajri, Atef bin Saeed bin Rashid Al Siyabi, Nasser bin Sulaiman bin Hamad Al-Harthy, Alaa El-Din bin Abdallah Bait Fadel, Ghassan Khamees Ali-Hashar, Ibrahim Said Al-Eisri, Abdulrahman Mohammad Al-Asfour, and Dr Saad Ahmed Alnahedh. The board subsequently appointed Nour Al-Jassim as Chair and Bader Al-Kharafi as Vice-Chairman and Group CEO.
Zain reported a strong financial performance for 2025, with consolidated revenue rising 14% year-on-year to KD 2.3 billion (USD 7.44 billion), the highest level in 16 years. EBITDA increased 11% to KD 780 million (USD 2.54 billion), while net income surged 103% to KD 239 million (USD 777 million), marking a 13-year high. Earnings per share stood at 55 fils, supported by a growing customer base of 50.9 million subscribers.
The company also delivered strong shareholder returns, with total annual cash dividends of 35 fils per share and a full-year payout of 60 fils per share in 2025, reflecting a 63% payout ratio.
Management attributed the performance to the execution of its “4WARD – Progress with Purpose” strategy, which is driving Zain’s transformation from a traditional telecom operator into a regional TechCo. The strategy focuses on four pillars: Customer Delight, Digital Zain, Purpose & Action, and Collaborative Growth, supported by investments in networks, fiber, AI, fintech, and digital infrastructure.
Across its markets, Zain recorded growth in key operations, including strong performance in Saudi Arabia, Iraq, Kuwait, and recovery-driven expansion in Sudan, alongside continued fintech and 5G development in Jordan and Bahrain. The Group also highlighted progress in its digital platforms, including ZainTECH and Zain Omantel International (ZOI), which are expanding cloud, AI, cybersecurity, and regional connectivity capabilities.
Zain emphasized continued investment in digital infrastructure, venture capital, and sustainability, noting improvements in global ESG ratings and progress toward net-zero targets validated by the Science Based Targets initiative (SBTi).
The AGM concluded with appreciation to shareholders, employees, and government partners, with the Group reaffirming its commitment to accelerating its TechCo transformation and delivering long-term value creation across its markets in 2026 and beyond.
