Zain KSA, a part of Kuwait telecom provider Zain Group, is in talks with Saudi Arabia's Finance Ministry for a debt-to-equity deal. Reem Mohammed / The National
Zain KSA, a part of Kuwait telecom provider Zain Group, is in talks with Saudi Arabia's Finance Ministry for a debt-to-equity deal. Reem Mohammed / The National

Technology

Zain Saudi Arabia in talks with kingdom's Finance Ministry to convert debt to equity

The telecoms operator may convert all or part of its debt into shares

Sarmad Khan
Sarmad Khan

August 19, 2019