Under the terms of the agreement, Kalaam has acquired all the assets of Zajil creating a combined entity of USD 100 million, transforming the Bahraini company into a comprehensive digital solutions provider for enterprises. 

“We are immensely proud to welcome the Zajil team on board and are excited that two well established companies are coming together to form an even stronger group company resulting in a combined work force of 400+ staff. This new regional powerhouse will drive digital transformation in the GCC and beyond. The acquisition solidifies our position on both the regional and global front. Nezar Al Saie, Chairman of Kalaam Telecom, said.

Al-Saei said that Kalaam is equipped with a combined brand equity and resilient infrastructure, ensuring its sustainable profitable growth and business continuity to its customers.

Meanwhile, Veer Passi, CEO, Kalaam Telecom said: “We are delighted to have Zajil as part of the Kalaam Group. Leveraging Zajil’s three-decade legacy, the combined entity elevates Kalaam to the next level, shifting the scope to becoming the trusted digital transformation partner in Kuwait”. 

“As a result of this major consolidation, we have been awarded ISP license in KSA and have earmarked more than USD 10 million for expanding the scope into Kuwait and Saudi Arabia, investing in digital transformation of the operations, creation of next generation product and partner ecosystem and building of new Data Centers,” He added.