{"id":75733,"date":"2022-10-24T00:00:00","date_gmt":"2022-10-24T00:00:00","guid":{"rendered":"http:\/\/kuwaitnewsgazette.com\/?guid=4eb603b979689627dbbc53e83572bdd5"},"modified":"2022-10-24T00:00:00","modified_gmt":"2022-10-24T00:00:00","slug":"zaintech-acquires-managed-cloud-service-provider-bios-me","status":"publish","type":"post","link":"https:\/\/kuwaitnewsgazette.com\/zaintech-acquires-managed-cloud-service-provider-bios-me\/","title":{"rendered":"ZainTech acquires managed cloud service provider BIOS ME"},"content":{"rendered":"<p> Zain group&#8217;s subsidiary company, ZainTech, acquired Monday Bios Middle East, a managed cloud service provider for KD 13.7 million (approx. USD 42 million).<\/p>\n<p>In a declaration posted on Boursa Kuwait website, the group added that the takeover agreement aligns with company&#8217;s strategy to maximize value as it will empower ZainTech to provide costumers the best enterprise cloud service in the region.<\/p>\n<p>It clarified that the acquisition of BIOS ME would have a positive impact on operational growth, adding that it is subject to regulatory approvals.<\/p>\n<p>Zain is a mobile telecommunications operator, founded back in 1983 and listed on Kuwait Boursa in 1985<\/p>\n<\/p>\n<p>Source: Kuwait News Agency\t<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"<p> Zain group&#8217;s subsidiary company, ZainTech, acquired Monday Bios Middle East, a managed cloud service provider for KD 13.7 million (approx. USD 42 million).In a declaration posted on Boursa Kuwait website, the group added that the takeover agreement al&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ZainTech acquires managed cloud service provider BIOS ME - Kuwait News Gazette<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kuwaitnewsgazette.com\/zaintech-acquires-managed-cloud-service-provider-bios-me\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ZainTech acquires managed cloud service provider BIOS ME - Kuwait News Gazette\" \/>\n<meta property=\"og:description\" content=\"Zain group&#039;s subsidiary company, ZainTech, acquired Monday Bios Middle East, a managed cloud service provider for KD 13.7 million (approx. 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