Sources: The Syrian sovereign wealth fund will own the remaining 25%.

DUBAI, June 30 (Reuters) - Kuwaiti telecoms firm Zain has been granted a license to operate a mobile phone network in Syria, three sources familiar with the matter told Reuters.

Sources said that under the 20-year license, which Bloomberg was the first to report on, Zain will own a 75 percent stake in local operations, while the Syrian sovereign wealth fund will own the remaining 25 percent.


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.