" /> " /> " />

Zain stake sale completion may be delayed

09 January 2010

The company involved in handling the sale of a 46% stake sale in Kuwait's Zain has said the deal may take longer than the time scheduled, Bloomberg has reported. "Due to recent developments in financial and economic conditions in the region, procedures to complete the sale deal may take longer than the time previously planned for it, however it is still on," National Investments Co. said in a statement.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.