Mobile Telecommunications Co Saudi Arabia 2023 IR
The report highlights Zain KSA's achievements in 2023, focusing on localizing innovation and embedding sustainability. Key milestones include launching the world's first zero-emission 5G network at the Red Sea, powered by 100% clean energy, and achieving an 'A' rating on the MSCI ESG Index. Financially, the company recorded unprecedented revenues of SAR 9.9 billion and a net profit of SAR 1.3 billion, driven by growth in B2B, 5G, and fintech services through its subsidiary Tamam. Additionally, Zain KSA completed its historic tower infrastructure sale and leaseback deal and expanded its digital education and training initiatives to empower Saudi youth.
Company: Mobile Telecommunications Co Saudi Arabia
Sector: Technology & telecommunications
Country: Saudi Arabia
Year: 2023
Type: IR
Pages: 57
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Mobile Telecommunications Co Saudi Arabia
Board Of Directors Report
The report highlights Zain KSA's achievements in 2023, focusing on localizing innovation and embedding sustainability. Key milestones include launching the world's first zero-emission 5G network at the Red Sea, powered by 100% clean energy, and achieving an 'A' rating on the MSCI ESG Index. Financially, the company recorded unprecedented revenues of SAR 9.9 billion and a net profit of SAR 1.3 billion, driven by growth in B2B, 5G, and fintech services through its subsidiary Tamam. Additionally, Zain KSA completed its historic tower infrastructure sale and leaseback deal and expanded its digital education and training initiatives to empower Saudi youth.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
Net Zero Target
Employees