Zain has raised its stake in loss-making unit Zain Saudi, the Kuwaiti telecoms operator said on Tuesday, oversubscribing to the affiliate's $1.6bn rights issue following a tepid response from other shareholders.
http://www.arabianbusiness.com/kuwait-s-zain-ups-stake-in-saudi-unit-37--467229.html
http://www.arabianbusiness.com/kuwait-s-zain-ups-stake-in-saudi-unit-37--467229.html
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