Ooredoo QPSC (ORDS)

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News

28 September 08:18 PM Ooredoo promotes cybersecurity services in MENA to boost global footprint

Mubasher: National Mobile Telecommunications Company (Ooredoo), in partnership with Innovatix Systems, has launched advanced cybersecurity services to protect customers’ digital assets and ensure uninterrupted digital experiences. Live in Qatar, …

Companies Investments

3 March 10:23 AM Ooredoo appoints Acting CEO for Oman

Mubasher: National Mobile Telecommunications Company (Ooredoo) named Saoud Hamad Al Riyami as Acting CEO of Ooredoo Oman, effective from 27 February 2025. The new official succeeded Bassam Yousef Al Ibrahim following the completion of his tenure, …

Board of Directors

13 January 11:13 AM Ooredoo names new Chairman for Kuwait

Mubasher: National Mobile Telecommunications Company (Ooredoo) has appointed Sheikh Nasser bin Hamad Al Thani as Chairman of Ooredoo Kuwait, according to a bourse disclosure. Al Thani was recently announced as the Group Regional CEO for the Middle …

Board of Directors

22 December 2024 08:24 PM Ericsson to deploy ATEX-certified solution on Ooredoo Qatar’s offshore site

Mubasher: Ericsson has successfully designed and deployed an ATmosphere EXplosible (ATEX) Zone 1-certified solution on an offshore site for one of Ooredoo Qatar’s enterprise customers, according to a press release. The solution, an ATEX-certified …

Companies Investments

4 November 2024 10:08 AM Ooredoo registers solid financial performance in 9M-24; revenues surpass QAR 17.6bn

Mubasher: The profits attributable to the shareholders of National Mobile Telecommunications Company (Ooredoo) rose by 10% to QAR 2.92 billion in the first nine months (9M) of 2024 from QAR 2.66 billion. Revenues grew by 2% to QAR 17.65 billion in …

Financial Results

25 September 2024 10:56 AM Ooredoo unveils major financing to boost AI business in MENA

Mubasher: National Mobile Telecommunications Company (Ooredoo) secured a QAR 2 billion financing deal to accelerate the growth of its data centre and AI business in the MENA region. The 10-year financing agreement was signed with QNB, Doha Bank, …

Banking and Finance

31 July 2024 00:31 PM Ooredoo’s net profits rise 4% in H1-24; assets down

Mubasher: The National Mobile Telecommunications Company (Ooredoo) registered QAR 1.87 billion in net profit attributable to the owners during the first half (H1) of 2024. The recorded net profits were higher by 4% year-on-year (YoY) than QAR 1.79 …

Financial Results

24 June 2024 10:15 AM Ooredoo partners with NVIDIA to boost AI revolution in MENA

Mubasher: National Mobile Telecommunications Company (Ooredoo) teamed up with NVIDIA Cloud Partner (NCP) to become a leading digital infrastructure provider in the MENA region. Ooredoo will leverage NVIDIA’s accelerated computing platform to help …

Companies Investments

6 June 2024 10:35 AM Ooredoo names Bottse as CEO of Mena Digital Hub

Mubasher: National Mobile Telecommunications Company (Ooredoo) appointed Sunita Bottse as the CEO for Mena Digital Hub, which became effective on 26 May 2024, according to a press release. Mena Digital Hub, Ooredoo’s carrier-neutral data centre …

Management Decisions

1 May 2024 03:55 PM Ooredoo unveils QAR 913m net profits in Q1-24, dividends

Mubasher: The net profits attributable to the shareholders of National Mobile Telecommunications Company (Ooredoo) reached QAR 912.93 million in the first quarter (Q1) of 2024. The generated net profits were lower by 5% year-on-year (YoY) than QAR …

Financial Results

18 March 2024 02:01 PM Ooredoo, e& team up to evolve submarine network in Middle East

Abu Dhabi – Mubasher: e& and National Mobile Telecommunications Company (Ooredoo) partnered to deploy the subsea latest technology enabling the Gulf Gateway Cable (GGC1) system, according to a press release. The two entities will join forces to …

Companies Investments

13 February 2024 05:18 PM Ooredoo sees 28% higher profits in 2023; dividends proposed

Mubasher: National Mobile Telecommunications Company (Ooredoo) logged net profits attributable to the owners valued at QAR 3.01 billion in 2023, an annual rise of 28% from QAR 2.36 billion. Total revenues increased by 2% year-on-year (YoY) to QAR …

Cash Dividends

8 January 2024 11:36 AM Ooredoo, Commercial Bank partner to bolster bill payments

Mubasher: National Mobile Telecommunications Company (Ooredoo) teamed up with the Commercial Bank to introduce an innovative direct debit solution through the CBQ Mobile App. The partnership will enable customers to seamlessly establish automatic …

Companies Investments

10 December 2023 04:47 PM Saudi stc leads innovation hub project with GCC Telco Alliance; listed firms included

Riyadh – Mubasher: Saudi Telecom Company (stc) has announced the Sustainability Innovation Hub as part of its collaboration with GCC Telco Alliance members, which include leading telecom operators from Saudi Arabia, the UAE, Bahrain, Oman, and …

Companies Investments

6 December 2023 09:49 AM Ooredoo inks $2.2bn joint deal for MENA’s largest tower firm

Mubasher: National Mobile Telecommunications Company (Ooredoo), Mobile Telecommunications Company (Zain Group), and TASC Towers Holding joined forces to create the largest tower firm in the MENA region. Under a cash and share deal, the joint tower …

Companies Investments

1 August 2023 04:37 PM Ooredoo names new CEO for Algeria

Mubasher: International telecom firm Ooredoo has appointed Roni Tohme as the new CEO of Ooredoo Algeria to be effective 1 August 2023, according to a press release. Tohme has a Bachelor’s degree in Finance and Business Administration from the …

Management Decisions

31 July 2023 09:52 AM Ooredoo’s profits to owners surge to QAR 1.79bn in H1-23

Mubasher: The net profits attributable to the shareholders of National Mobile Telecommunications Company (Ooredoo) increased by 20% to QAR 1.79 billion during the first half (H1) of 2023. The recorded net profits were compared with QAR 1.49 …

Financial Results

25 July 2023 00:21 PM Ooredoo, Zain, TASC Towers to develop MENA’s largest tower firm

Mubasher: National Mobile Telecommunications Company (Ooredoo) has entered exclusive negotiations with Mobile Telecommunications Company (Zain Group) and UAE-based TASC Towers Holding to establish the largest tower firm in the MENA region. The …

Companies Investments

4 May 2023 02:01 PM Ooredoo sees 43% higher profits to shareholders in Q1-23

Mubasher: National Mobile Telecommunications Company (Ooredoo) posted net profits attributable to the owners valued at QAR 961 million in the first quarter (Q1) of 2023, an annual hike of 43% from QAR 671 million. The firm generated revenues worth …

Financial Results

8 March 2023 01:53 PM Ooredoo’s shareholders greenlight 2022 dividends

Mubasher: The shareholders of National Mobile Telecommunications Company (Ooredoo) approved a cash dividend distribution of QAR 0.43 per share at the annual general meeting (AGM) on 7 March. Ooredoo recorded proforma revenues worth QAR 22.70 …

General Assembly

9 January 2023 06:17 PM Ooredoo names Al Thani as new CEO in Qatar

Mubasher: National Mobile Telecommunications Company (Ooredoo) has appointed Ali bin Jabor Al Thani as the new CEO of Ooredoo Qatar, according to a press release. Before his new role, Al Thani served as the Chief Legal, Regulatory, and Governance …

Corporate Actions

17 August 2021 11:54 AM Ooredoo, CK Hutchison extend negotiation period to combine Indonesian businesses

Abu Dhabi - Mubasher: National Mobile Telecommunications Company (Ooredoo) and CK Hutchison Holdings Limited (CK Hutchison) have extended the period of exclusivity for the non-legally binding Memorandum of Understanding (MoU) for a possible …

Companies Investments

30 June 2021 03:05 PM Ooredoo, CK Hutchison extend MOU exclusivity period to potentially combine Indonesian businesses

Mubasher: National Mobile Telecommunications Company (Ooredoo) and CK Hutchison Holdings Limited have extended the exclusivity period for the non-legally binding Memorandum of Understanding (MoU) to potentially combine their Indonesian businesses. …

Companies Investments

20 May 2021 11:23 AM Ooredoo appoints new CEOs in Oman, Algeria

Mubasher: National Mobile Telecommunications Company (Ooredoo) has appointed Noor Al Sulaiti as CEO of Ooredoo Oman and Bassam Yousef Al Ibrahim as CEO of Ooredoo Algeria. With over 17-year experience in the telecom industry, Al Sulaiti is the …

Management Decisions

31 March 2021 10:31 AM Ooredoo's unit inks $750m sale, leaseback deal for telecom towers in Indonesia

Mubasher: The Indonesian operating company PT Indosat Tbk, a subsidiary of National Mobile Telecommunications Company (Ooredoo), has entered into a $750 million sale and leaseback agreement with PT EPID Menara AssetCo for over 4,200 …

Companies Investments