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28-Feb-2016

Zain Group acquires strategic stake in tech-company

Zain Group [ZAIN.KW] has just announced that it acquired a strategic stake in Lebanon-based tech-company, FOO which offers innovative end-to-end mobility services including digital strategic consultancy, user interface and experience, web development solutions, amongst other services. This is part of Zain Group’s strategy to grow in the innovative and digital business segment. (Company disclosure)

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