Zain announces strategic investment in Lebanon’s FOO

Kuwait-Mubasher: Mobile Telecommunications (Zain) bought a strategic stake in Lebanon-based FOO Company which is operating in mobile applications development in the region, the buyer said on the sidelines of the Mobile World Congress held in Barcelona.

Zain stock settled at 355 fils two hours Sunday’s trading session started, as around 43,650 shares were traded with a value of about KWD 15,600. 

Mubasher Contribution Time: 28-Feb-2016 08:01 (GMT)