Al Barrak resignation confirmed

Zain this afternoon confirmed that Saad Al Barrak, managing director/ deputy chairman, Zain Group has submitted his resignation to Asaad Al Banwan, chairman of the board of directors of Zain. The company said in a statement that the chairman will now convene the board at the soonest convenient time to deliberate on the matter. Zain has notified the Kuwait Stock Exchange and will immediately inform all stakeholders on any future and relevant updates.