Mubasher TV
Contact Us Advertising   العربية

Zain to pay KWD 11.5m on court ruling

Zain to pay KWD 11.5m on court ruling
Zain will file an appeal against this court ruling
ZAIN
ZAIN
0.00% 491.00 0.00

Mubasher: The Kuwaiti court has ordered a ruling against Mobile Telecommunications (Zain) to pay KWD 11.57 million to the undersecretary of the finance ministry of Kuwait.

The court ruling was issued on 15 March in a lawsuit filed by the undersecretary against Zain regarding a tax due by Zain in 2010, according to a bourse statement on Sunday.

Zain will file an appeal against this court ruling; no current financial impact will affect Zain’s financial profile.