Kuwait operator Zain has not yet received any request from Etisalat to carry out due diligence, Zain COO Barrak al-Sabeeh said yesterday. “We have not, as of 6.15pm, received any single piece of paper in that respect,” reports Business Week. Etisalat has offered KWD1.7 a share for a 46 percent stake in Zain, which values it at US$12 billion