Zain Bahrain B.S.C. was founded as a closed joint stock company in the kingdom of Bahrain with commercial registration number 50603 on the 19th of April 2003. The Company has applied to the Ministry of Industry & Commerce (MOIC) to convert to a public joint stock company. Pursuant to a resolution of an Extraordinary General Meeting of the company held on 28th of July 2013, the authorised share capital of the company was resolved to be increased from BHD 32,000,000 to BHD 36,800,000 divided into 368,000,000 ordinary shares of 100 fils each. The company later on announced The Initial Public Offering (IPO) of 48,000,000 new shares, equivalent to 15% of Zain Bahrain's issued share capital. On the 4th of December 2014, Zain Bahrain listed on the Bahrain Bourse under the stock symbol 'ZAINBH". The company's major shareholders are Mobile Telecommunication Company, Shaikh Ahmed Bin Ali Al-Khalifa and Gulf International Bank.
As a listed company, Zain Bahrain is also committed to high standards of Corporate Governance, which are critical to assuring business integrity and maintaining investors' trust. Zain Bahrain's Annual Corporate Governance report demonstrates Zain Bahrain's compliance with the Corporate Governance Code issued by the MOIC and the CBB High Level Controls Module.