The Kuwait Investment Authority has a big stake in Zain. Scott Gegenheimer, CEO of Zain talks to CNBC about their relationship but also about the recent Kuwait governmental struggles.
Zain is trying to expand its regional footprint by looking at other telco companies but also at areas the group is not in today, such as data centers and fibre, Scott Gegenheimer, CEO of Zain tells CNBC.
There are a lot of potential opportunities for growth in Iraq, says Zain CEO, Scott Gegenheimer, adding that at the moment, the regulatory environment is "slowing things down".
Zain has "invested heavily" in Saudi Arabia to turn its business around. But the environment and competition are tough, Zain CEO, Scott Gegenheimer says, wishing the local regulator was more supportive.
The sale of Zain¿s stakes in firms in sub-Saharan Africa was "the right decision", says Scott Gegenheimer, Zain CEO. Profitability and the ability to grow the business are better in the MENA region, he explained.
The industry is still trying to work out how to make money from Over The Top content applications, Scott Gegenheimer, CEO of Zain, tells CNBC.
For an expat, the Kuwaiti summer is tough, the CEO of Zain, Scott Gegenheimer tells CNBC, adding that when he retires, he is unlikely to stay in the country.
Bahrain's sovereign wealth fund Mumtalakat was set up in 2006. CEO Mahmood Al Kooheji explains the company's investment philosophy and what kind of returns he is looking for.
Mumtalakat owns a large stake in British automaker McLaren. In an exclusive interview with CNBC, the firm's chief executive Mahmood Al Kooheji admits that while not a "trophy" asset, the investment has yet to fully live up to its potential.
Mumtalakat portfolio includes Aluminium Bahrain (Alba), one of the largest aluminium smelters in the world. Mahmood Al Kooheji, chief executive of the Bahrain sovereign wealth fund, unveils what else is in the pipeline. Plus, how the political turmoil has affected the economy since 2011.
The chief executive of Bahrain's sovereign wealth fund, Mumtalakat Holding Company, said a sale of the luxury sports car group was still an option.
The vice-chairman of Kuwait Projects Co remains positive on the longer-term outlook for Iraq.
Kuwait Projects Co (KIPCO) is one of the biggest diversified holding companies in the MENA region. Faisal Al Ayyar, the firm's Vice Chairman, criticizes Kuwait's low productivity, and says its oil wealth turned into a curse.
In exclusive interview with CNBC, Faisal Al Ayyar, Vice Chairman of KIPCO, reflects on the firm's core subsidiaries, expansion plans and the situation in Iraq.
KIPCO Vice Chairman Faisal Al Ayyar looks back at the day when Iraqi soldiers marched into the capital in 1990, and how it affected the business. Plus, why opportunities for foreign investors in the oil-rich nation remain limited.
Egypt's economy is suffering from record unemployment and one of the highest budget deficits in the region. Hisham Ezz Al-Arab, chairman of Commercial International Bank (CIB), lays out the country's challenges.
Hisham Ezz Al-Arab, CIB chairman responds to the recent hype around Islamic finance, and looks back at the first few weeks of Egypt's uprising in 2011.
Today CIB is Egypt's largest private sector bank with over 5,400 employees. In an exclusive interview with CNBC, the bank's chairman, Hisham Ezz Al-Arab, explains how he is keeping the bank profitable.
The first telegraph line from Cairo to Alexandria was inaugurated in 1854 and with it came the birth of Telecom Egypt. The firm's CEO, Mohamed El-Nawawy, discusses the potential of being the country's fourth mobile phone operator, and what he plans to do with the stake in Vodafone Egypt.
Worldwide, undersea cables carry 99% of intercontinental internet traffic and one of the busiest hubs is in Egypt. CNBC gains exclusive access to the country's strategic "TE North" facilities, and takes a closer look at where the company is moving next.
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