**Title:** *Zain KSA Hits Record 157% Profit Surge*

**Intro:**
Zain KSA achieved its highest-ever net profit of SAR 550 million in 2022, a 157% year-on-year leap, alongside a 15% revenue rise to SAR 9.1 billion. The telecom giant announced a proposed 5% cash dividend for shareholders, attributing success to Saudi Vision 2030-driven digital expansion, 5G innovation, and strategic investments in cloud services and sustainability.

**Factbox (50w):**
– **Revenue**: SAR 9.1B (2022), up 15% from SAR 7.9B (2021).
– **Net Profit**: SAR 550M, a 157% YoY surge.
– **Dividends**: 5% proposed payout.
– **Key Moves**: SAR 3B tower leaseback deal (2023), 5G expansion, and Shareek program participation.

**Zain KSA Celebrates Record-Breaking 2022 Financial Results: A Year of Transformation and Growth**

Zain KSA, a leading telecommunications and digital services provider in Saudi Arabia, has announced unprecedented financial and operational achievements for 2022, marking a historic milestone in its journey toward becoming a key enabler of Saudi Vision 2030.

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### **Financial Highlights: Record Revenue, Profit, and Dividends**
– **Revenue Growth**: Surged by **15%** year-on-year, rising from SAR 7.9 billion in 2021 to **SAR 9.1 billion** in 2022.
– **Net Profit**: Skyrocketed by **157%** to **SAR 550 million**, the highest in the company’s history.
– **Dividend Recommendation**: The Board of Directors proposed distributing **5% cash dividends** (SAR 0.5 per share) to shareholders, reflecting strong profitability and shareholder confidence.

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### **Leadership Insights: A Strategic Leap Forward**
**HH Prince Naif bin Sultan bin Mohammad Bin Saud Al Kabeer**, Chairman of Zain KSA, attributed the success to Saudi Arabia’s thriving economy, Vision 2030’s digital transformation goals, and the company’s strategic focus on innovation and governance:
> *“These results reflect Zain KSA’s transformation into a digital leader, driven by investments in cutting-edge technologies, enhanced user experiences, and sustainable profitability. Our alignment with Saudi Vision 2030 has empowered us to contribute meaningfully to the Kingdom’s knowledge-based economy.”*

**Sultan bin Abdulaziz Al-Deghaither**, CEO of Zain KSA, emphasized the completion of a pivotal 5-year strategy:
> *“2022 marked a turning point in our operational and financial performance. By prioritizing 5G, cloud computing, and digital inclusivity, we’ve solidified our role as a partner of choice for next-generation telecom and digital solutions.”*

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### **Operational Milestones Driving Success**
1. **5G Leadership**:
– Launched Saudi Arabia’s first **5G Stand-Alone Network**, accelerating adoption in enterprise and consumer sectors.
– Expanded 5G-driven technologies: AI, IoT, augmented reality, and cloud gaming (e.g., **GeForce NOW** platform).

2. **Zain Cloud Dominance**:
– Earned the **highest CST cloud computing rating**, positioning Zain Cloud as the Kingdom’s preferred cloud services partner.

3. **Digital Innovation**:
– Enhanced customer experiences via **Yaqoot’s integrated digital bundles**.
– Brand value surged to **SAR 3+ billion**, ranking Zain KSA among Saudi Arabia’s **Top 14 Brands** (Brand Finance).

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### **Strategic Expansions and Partnerships**
– **Fintech & Digital Entertainment**:
– Scaled **Tamam Financing** (fintech) and invested in **PLAYHERA MENA** (eSports) to tap into booming digital sectors.
– **Cross-Border Connectivity**:
– Strengthened regional links via the **J2M submarine cable system**, connecting Saudi Arabia (Jeddah) to France (Marseille).

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### **Sustainability and Social Impact**
Al-Deghaither highlighted Zain KSA’s commitment to sustainability:
> *“We align with the Saudi Green Initiative and UN SDGs, deploying technology to combat climate change. Our focus on workplace diversity and inclusion ensures we deliver value to society.”*

– **Shareek Partnership**: Joined Saudi Arabia’s Private Sector Partnership Program to drive national economic growth under HRH Crown Prince Mohammad bin Salman’s patronage.

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### **2023 Outlook: Tower Infrastructure Deal**
In Q1 2023, Zain KSA finalized a **SAR 3+ billion agreement** with Golden Lattice Investment Company (PIF-backed) to sell and lease back its passive tower infrastructure. This move aims to optimize resources and accelerate 5G deployment.

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### **Conclusion**
Zain KSA’s 2022 achievements underscore its evolution from a telecom provider to a holistic digital enabler. With record profits, strategic tech investments, and a steadfast commitment to Vision 2030, the company is poised to lead Saudi Arabia’s digital future while delivering value to shareholders, customers, and society.

*Stay tuned for more updates on Zain KSA’s innovations and contributions to the Kingdom’s digital economy!*

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**Tags**: Zain KSA, Saudi Vision 2030, 5G Technology, Cloud Computing, Financial Results, Dividends, Sustainability, Digital Transformation
**Categories**: Telecom News, Business & Finance, Technology, Saudi Arabia

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**FAQs About Zain KSA’s 2022 Financial Results and Strategic Initiatives**

1. **What was Zain KSA’s revenue growth in 2022 compared to 2021?**
Zain KSA reported a 15% revenue increase, rising from SAR 7.9 billion in 2021 to SAR 9.1 billion in 2022, driven by operational improvements and digital service expansion.

2. **How significant was Zain KSA’s net profit increase in 2022?**
Net profit surged by 157% year-on-year to SAR 550 million in 2022, marking the highest profit in the company’s history due to strategic investments and cost efficiencies.

3. **What dividends did Zain KSA recommend for 2022 shareholders?**
The Board proposed cash dividends at 5% of the nominal share value, reflecting strong financial performance and commitment to rewarding shareholder investments.

4. **How did Saudi Vision 2030 impact Zain KSA’s 2022 success?**
Vision 2030’s focus on digital transformation enabled Zain KSA to expand 5G, cloud services, and fintech, aligning with national goals for a knowledge-based economy.

5. **Which technologies drove Zain KSA’s 5G user base growth?**
5G adoption was boosted by AI, IoT, cloud computing, and augmented reality, particularly in the business sector, supported by the standalone 5G network deployment.

6. **What were Zain KSA’s key digital service achievements in 2022?**
The company launched Zain Cloud (CST-certified), expanded GeForce NOW gaming, and enhanced user experiences via Yaqoot’s digital bundles, elevating its market leadership.

7. **How did Zain KSA expand into adjacent markets in 2022?**
Investments included Tamam Financing (fintech), PLAYHERA MENA (digital entertainment), and cross-border connectivity via the J2M undersea cable linking the Middle East, Africa, and Europe.

8. **What sustainability initiatives did Zain KSA undertake in 2022?**
Projects aligned with the Saudi Green Initiative and UN SDGs prioritized climate action, workplace diversity, and tech-driven sustainable development to reduce environmental impact.

9. **What is the strategic importance of the J2M undersea cable system?**
The Jeddah-to-Marseille cable enhances high-speed connectivity between Saudi Arabia, Europe, and Africa, supporting regional digital demands and cross-border service capabilities.

10. **How did Zain KSA’s brand value change in 2022?**
Brand value grew to over SAR 3 billion, ranking Zain KSA among Saudi Arabia’s top 14 brands, per Brand Finance, reflecting its market influence and innovation.

11. **What is the Golden Lattice Investment Company deal?**
Zain KSA sold and leased back its passive tower infrastructure for over SAR 3 billion to Golden Lattice (PIF-backed), optimizing assets for future investments.

12. **How does Zain Cloud contribute to the company’s success?**
As the CST’s highest-rated cloud service, Zain Cloud strengthened enterprise solutions, becoming a preferred partner for scalable, secure digital infrastructure in the Kingdom.

13. **What role did the Shareek program play for Zain KSA?**
By joining Shareek, Zain KSA aligned with national private-sector partnerships to drive economic growth, supported by Crown Prince Mohammed bin Salman’s development vision.

14. **How did Yaqoot improve user experiences in 2022?**
Yaqoot’s integrated digital bundles offered personalized telecom solutions, enhancing customer satisfaction and loyalty through tailored connectivity and content offerings.

15. **How does Zain KSA promote workplace diversity and inclusion?**
The company prioritized equity, diversity, and inclusion across operations, fostering a culture aligned with global sustainability standards and societal value creation.

**🔝 Llamado a la Acción (CTA):**
*¿Quieres ser parte del crecimiento innovador de Zain KSA?*
Descubre cómo nuestras soluciones en 5G, cloud computing y servicios digitales pueden transformar tu negocio o estilo de vida. **Visita nuestro sitio web** para explorar oportunidades de inversión, conocer nuestros servicios de última generación y unirte a la revolución tecnológica que está impulsando el futuro de Arabia Saudita. ¡Invierte hoy en la compañía que lidera la transformación digital bajo la visión de un Reino Unido pionero!

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**🎯 Conclusión:**
Los resultados financieros de Zain KSA en 2022 reflejan no solo un hito empresarial, sino un compromiso estratégico con la innovación y el desarrollo sostenible. Con un crecimiento récord en ingresos y ganancias, la compañía consolida su liderazgo en telecomunicaciones y servicios digitales, impulsada por inversiones en tecnologías emergentes, expansión de infraestructura 5G y alianzas clave como Shareek. Al alinearse con la Visión 2030, Zain KSA no solo mejora la experiencia del usuario, sino que se posiciona como un pilar para la economía digital saudí, priorizando la sostenibilidad, la inclusión y la creación de valor a largo plazo para accionistas y sociedad.

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**🙏 Agradecimiento:**
Zain KSA extiende su gratitud a sus accionistas, clientes, empleados y aliados estratégicos por ser parte esencial de este viaje transformador. Un reconocimiento especial al respaldo del liderazgo nacional, la visión de Sus Altezas Reales, y el compromiso de cada miembro del equipo que ha hecho posible estos logros. Continuaremos trabajando con pasión y responsabilidad para impulsar el progreso tecnológico, contribuir al desarrollo socioeconómico del Reino y ofrecer soluciones que conecten, innoven y trasciendan. *Juntos, construyendo el futuro.*

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*#ZainKSA #InnovaciónSostenible #Visión2030*

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