# Kuwaiti telecom Zain Group lands Syria mobile license — retained record

> Retained news record from news:semafor.

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source: [news](https://highsignal.app/data/news) (news:semafor)  published 2026-07-01 12:04 ingested 2026-07-02 08:54

[original source ↗](https://www.semafor.com/article/07/01/2026/kuwaiti-telecom-zain-group-lands-syria-mobile-license)

## retained text



```
Kuwaiti telecom Zain Group plans to invest more than $1.5 billion over the next decade to upgrade and operate a mobile network in Syria, the latest in a series of Gulf investments since the fall of the Assad regime. The company will acquire a 75% stake in the existing MTN network, with the Syrian government holding the remaining 25%; Zain said it will spend $800 million to modernize a service that ranks among the world’s worst in terms of speed and reliability.
The deal adds to growing Gulf spending in Syria, as governments and companies jockey for a role in the country’s reconstruction. Emirati, Qatari, and Saudi firms have announced projects spanning aviation, banking, energy, ports, and real estate.
```



document fetched 2026-07-02 08:54 · canonical https://semafor.com/article/07/01/2026/kuwaiti-telecom-zain-group-lands-syria-mobile-license