The **Zain Group profit** surged by 73% year-over-year to reach KD 220 million (USD 717 million) for the first half of 2026, according to Telecom Review. This financial growth was supported by strategic investments and expansion in telecommunications services across the Middle East and Africa.
The company’s consolidated revenue for the first six months of 2026 reached KWD 1.14 billion (USD 3.71 billion), representing a 5% increase compared to the same period last year. Meanwhile, earnings before interest, taxes, depreciation, and amortization (EBITDA) rose by 6% to KWD 378 million (USD 1.23 billion), maintaining a 33% EBITDA margin.
Factors Driving Zain Group Profit
The growth in **Zain Group profit** was heavily influenced by strategic investments from Zain Ventures, which contributed USD 411 million. Additionally, data revenue increased by 15% year-over-year to USD 1.5 billion, representing 40% of the total group revenue. The company also recorded a 2% increase in active customers, reaching 51.9 million users across its footprint.
In the enterprise sector, revenue grew by 13%, with the enterprise unit ZainTECH recording a 24% increase. The fintech customer base expanded by 35% year-over-year, driving a 29% revenue growth in the economy segment. Meanwhile, Zain Omantel International (ZOI) reported a 45% year-over-year revenue increase.
Regional Operations and Market Performance
In Saudi Arabia, Zain KSA recorded USD 707 million in revenue for the second quarter of 2026, with its customer base growing by 8% to 8.9 million. Zain Kuwait maintained its market position, contributing KWD 36 million to the overall **Zain Group profit** in the first half of the year.
Other regional operations also showed steady performance. Zain Iraq recorded USD 660 million in revenue for the first half of 2026, while Zain Jordan achieved steady growth driven by 5G expansion, and Zain Bahrain recorded USD 52 million in second-quarter revenue.
Strategic Investments and Infrastructure
Zain Group allocated USD 252 million in capital expenditure during the first half of 2026 to modernize its networks and expand 5G infrastructure. This investment supports the company’s transition toward apps and enterprise technology solutions.
Additionally, Oman Telecommunications Company (Omantel) reported a 73.5% increase in net profit to OMR 292.8 million for the first half of 2026. This growth was driven by improved domestic operations and higher investment income from Zain Group.
Future Outlook and Syrian Expansion
The company recently secured a 25-year telecommunications license in Syria, with plans to launch the Zain brand in the country during the first quarter of 2027. This expansion is expected to strengthen the group’s presence in the Levant region.
Executive management stated that the financial results reflect disciplined navigation of regional challenges and the implementation of operational efficiencies. The group plans to continue investing in digital infrastructure to support long-term growth.
