Friday, March 29, 2024 | Ramadan 18, 1445 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

Omantel CEO appointed on Zain’s Board

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Oman Telecommunications has announced that its Chief Executive Officer, Talal Said Marhoon al Mamari, has been appointed to the Board of Directors of Mobile Telecommunications Company (Zain) as a Non-Executive Director.


Al Mamari’s appointment follows Omantel’s acquisition of a 9.84 per cent stake in Zain, which was completed following a competitive auction process on the Boursa Kuwait on August 24, 2017.


He will be replacing Houssam Fawzi al Kharafi who has stepped down from the Board of Zain. The Board of Zain is undertaking necessary documentation to complete the appointment procedures, said Omantel in a filing to the Capital Market Authority on Tuesday.


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