Zain KSA announced it will allow customers to pre-book iPhone 5 (A1429 model) starting from Sunday (Dec. 9) in all major branches (flagships) deployed in various regions of the Kingdom, and through the company’s website (www.sa.zain.com), while the device will be in all flagships on Friday (Dec. 14), and available for sale on Saturday (Dec. 15).
Saud Al-Bawardi, chief commercial officer at Zain KSA, said the company would launch the new device along with Mazaya postpaid packages, which provide subscribers with all their connectivity needs. He said Mazaya-Elite subscribers can recover the full amount they paid for the device, in addition to the unlimited free usage of voice calls, SMS, and data service. Al-Bawardi indicated that the device is also available with the Hala prepaid package.
Al-Bawardi said Zain KSA subscribers can enjoy all the new features in IPhone 5, within the coverage of the latest communications network in the Kingdom, which operates the 4G LTE on 1800 frequency as part of the company’s efforts to provide clients with the latest in the field of telecommunications and information technology (IT).
Al-Bawardi said Zain KSA always sought to provide the best options for its subscribers through its offers and services in the world of telecommunications and IT, adding that this comes in line with the company’s great interest to enhance its services, to ensure highest quality possible, which makes its subscribers in the forefront of mobile communications users in the Kingdom.
Zain KSA recently provided voice services subscribers with the ability of free 4G (LTE) data service enabling by sending 4G to the number 959, via their postpaid and prepaid lines.
Zain KSA offers iPhone 5 pre-booking
Zain KSA offers iPhone 5 pre-booking
Saudi public investment fund assets rise 36% to$58bn in Q3
RIYADH: Assets held by public investment funds in Saudi Arabia rose 36 percent from a year earlier to about SR217.9 billion ($58.1 billion) by the end of the third quarter of 2025, driven by strong growth in domestic investments, official data showed.
Asset values also rose 5.7 percent from the previous quarter, according to data from the Capital Market Authority cited by the Saudi Press Agency.
Saudi Arabia’s stock exchange has seen strong growth in recent years, attracting increased investor interest in fixed-income instruments amid a global environment of elevated interest rates.
According to SPA, the number of subscribers to public investment funds reached 1.59 million by the end of the third quarter, representing an annual increase of 1.5 percent.
The growth in public investment fund assets was driven by a 39 percent year-on-year rise in assets of local funds, which reached SR186.9 billion in the third quarter of 2025 and accounted for 86 percent of total assets.
Meanwhile, assets of foreign funds rose to SR31.1 billion, reflecting annual growth of 21 percent.
The number of public investment funds in the Kingdom increased 11.6 percent year on year to 346, up from 310 in the third quarter of 2024.
Public investment fund assets were distributed across a range of investment types, including equities, bonds, cash instruments, real estate investments, and other assets.
Local money market funds held the largest share of assets at SR75.6 billion, followed by local equities at SR46.6 billion, real estate investment funds at SR28.9 billion, and funds invested in other local assets at SR19.6 billion.
To further strengthen the capital market ecosystem, the Kingdom announced earlier this month that it would open its financial markets to all foreign investors.
The measures introduced by the Capital Market Authority include the removal of restrictions such as the Qualified Foreign Investor framework, which required a minimum of $500 million in assets under management, as well as the abolition of swap agreements.
