Bahrain - Zain HQ

Zain to move HQ to Bahrain

In a setback to Kuwait's efforts to diversify its economy and attract foreign investors, the country's largest listed company, Zain, said it will be moving its international headquarters to Bahrain, reported Reuters. Analysts said the move by the mobile operator, whose biggest shareholder is the Kuwaiti government, showed that parliament and government need to work harder to attract foreign investment and open up the oil-dominated economy.

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