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02 October 07:19 AM

Default Company (MUNSHAAT)

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News

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24 May 2015 03:22 PM Kuwaiti listed telecom firms’ profits decline 36% in Q1-report
The net profits of the Kuwaiti listed telecommunication firms have declined 36% y-o-y in the first quarter of 2015.The earnings of four local listed firms have retreated to nearly KWD 54.14 million in Q1-FY15, against KWD 84.25 million for the …
Company News
Photo Archive
27 April 2015 05:54 PM Kuwait’s Ooredoo posts 88% drop in Q1 profits
Kuwait – Mubasher: Kuwaiti telecom operator Ooredoo said profits for the first quarter of 2015 dropped by 88.88% to KWD 2.2 million, from KWD 19.8 million in the corresponding period a year earlier.Net profits were hurt by unrealised losses in …
Financial Results
Photo Credit: Arabianeye-Reuters
26 March 2015 00:03 PM Ooredoo’s market share up to 33% - CEO
By: Ahmad AwadKuwait-Mubasher: National Mobile Telecommunications Company (Ooredoo) has a market share reaching 33% in 2015, rising by 27% from 2014, said Ooredoo CEO Mohammed Bin Abdullah Al-Thani.The firm’s ordinary general meeting agreed on …
Financial Results
Photo Credit: Arabianeye-Reuters
26 March 2015 11:28 AM Ooredoo approves 70% dividends
By: Ahmed AwadKuwait-Mubasher: National Mobile Telecommunications (Ooredoo) shareholders approved a cash dividend representing 70% of the nominal value (KWD 70 fils per share) for the fiscal year 2014.The company reported a total profit of KWD …
Company News
Photo Credit: Arabianeye-Reuters
26 March 2015 07:57 AM KSE investors to see key events Thursday
Shareholders of KSE-listed firms are awaiting major events on Thursday, as the ordinary general meeting (OGM) of Ooredoo will discuss the recommended cash dividends of 70% or 70 fils per share.The OGM of Aqar Real Estate Investments Company will …
Company News
Photo Credit: Arabianeye-Reuters
22 March 2015 09:49 AM Ooredoo subsidiary to pay $35.6m noteholders
Doha-Mubasher: Ooredoo International Finance Limited (OIFL), 100% owned by Ooredoo, will pay a total of $35.625 million for noteholders under its Global Medium Term Note (GMTN) programme on 14 and 20 April, 2015.  Ooredoo subsidiary added …
Company News
Photo Credit: Arabianeye-Reuters
21 March 2015 05:12 PM Ooredoo subsidiary signs 3 expansion deals
Doha- Mubasher: Ooredoo Global Services (OGS), Ooredoo’s wholesale arm, signed major agreements that will contribute to the expansion of its services offered for customers around the world.Yousuf Abdulla Al-Kubaisi, OGS CEO, said in a statement …
Company News
Photo Credit: Arabianeye-Reuters
18 March 2015 03:02 PM NBK raises Ooredoo FV to QAR 131
Doha-Mubasher: The National Bank of Kuwait (NBK) raised the fair value (FV) for Ooredoo by 18%, according to a recent report released by the bank.NBK set the company’s FV at QAR 157, with the recommendation ‘hold’.Ooredoo’s revenues  remained …
Stock Evaluations
Photo Credit: Arabianeye-Reuters
17 March 2015 08:31 PM Fitch affirms Ooredoo ratings at ‘A+’
Doha-Mubasher: Fitch Ratings affirmed the long-term foreign currency Issuer Default Rating (IDR) of Ooredoo at 'A+' with a stable outlook.Fitch also affirmed Ooredoo's outstanding bonds and Sukuk issues, including Ooredoo International Finance's …
Ratings
Photo Credit: Arabianeye-Reuters
12 March 2015 09:04 AM Ooredoo OGM to discuss QAR 1.3bn dividends
Qatar – Mubasher: Telecom operator Ooredoo will hold its ordinary general meeting (OGM) on 29 March to discuss the proposed dividends for 2014, the company said in a filing to the Qatar Exchange (QE) and Abu Dhabi Securities Exchange (ADX) on …
Event
Photo Credit: Arabianeye-Reuters
10 March 2015 10:41 PM Ooredoo Q4-14 profits plunge 89%
 Qatar – Mubasher: Quarterly profits for telecom firm Ooredoo saw a sharp drop by 89% to QAR 55 million in the fourth quarter of 2014 compared to QAE 510 million during the same period in 2013.The telecom reported a net profit of QAR 2.1 …
Financial Results
Photo Credit: Arabianeye-Reuters
10 March 2015 07:21 AM Four companies to approve financials, dividends Tuesday
Doha-Mubasher: The ordinary general meeting (OGM) of Al Khaleej Takaful Group will be held on 10 March to review the board’s proposal to distribute a cash dividend representing 15% of the stock's nominal value.  The group's extraordinary …
Event
Photo Credit: Arabianeye-Reuters
24 February 2015 08:49 AM Kuwait’s Ooredoo recommends 70% dividends
Kuwait’s National Mobile Telecommunications (Ooredoo) has issued its financial results for the year 2014, recording a decline by about 40% in its earnings. Ooredoo’s net profit averaged KWD 45.72 million (about $154.3 million) in 2014, …
General News
Photo Credit: Arabianeye-Reuters
18 February 2015 00:52 PM Ooredoo marks 14.5% profit rise, large dividends
 The Board of Directors of Omani Qatari Telecommunications Company (Ooredoo) announced approving the audited financial statements for the year ended 2014.Ooredoo reported a net profit of OMR 37.9 million in 2014 compared to OMR 33.1 million …
Company News
22 January 2015 09:18 AM Moody’s affirms Ooredoo’s A2 rating, changes outlook to negative
Ratings agency Moody's announced today that it has affirmed its A2 long-term issuer rating of Ooredoo notes. Menwhile , Moody’s has revised its outlook from stable to negative on the A2 long-term issuer rating of Ooredoo. The (P)A2 rating of …
Company News
18 January 2015 10:09 AM Ooredoo to pay $40m note interest in Feb
Qatar -based Ooredoo Co. announced that Ooredoo International Finance Limited (OIFL), its wholly owned subsidiary, will pay its Global Medium Term Note (GMTN) holders total amount of  $23,750,000 on the interest payment date falling due on February …
Company News
12 January 2015 02:48 PM Ooredoo to pay $20.93m note interest in Feb
Qatar -based Ooredoo Co. announced that Ooredoo International Finance Limited (OIFL), its wholly owned subsidiary, will pay its Global Medium Term Note (GMTN) holders total amount of  $20,937,500 on the interest payment date falling due on February …
Company News
6 January 2015 10:02 AM Cassation court exempts Ooredoo from Ministry payment
Ooredoo has announced that the Court of Cassation has accepted the Company’s challenge and rescinded the Court of Appeals’ ruling dated February 18, 2014, which bound the Company to the payment of KWD 36.7 million as compensation to …
Law
22 December 2014 11:02 AM Ooredoo Kuwait appoints new Chairman
Ooredoo Kuwait announced the appointment of Sheikh Saud Bin Nasser Al Thani as Chairman of Board of Directors.He will succeed Sheikh Abdullah Bin Mohammad Bin Saud Al Thani, who was recently appointed as Chief Executive Officer of Qatar …
Company News
2 December 2014 06:08 PM Ooredoo launches first 4G+ network in Qatar
Ooredoo, Qatar’s leading communications company has today launched its new state-of-the-art 4G+ network at a major event held at the company’s headquarters in West Bay, said a company's press release.With the launch of …
Company News
18 November 2014 01:27 PM Ooredoo to pay $23.6m bond interest next month
Qatar-based Ooredoo has announced that its wholly-owned subsidiary Ooredoo International Finance Limited (OIFL) will pay its Global Medium Term Note (GMTN) holders principal and interest payments on December 10, 2014. This is carried …
Bonds
13 November 2014 02:17 PM Ooredoo appoints new CEO for Wataniya Palestine
Qatar’s Ooredoo has announced today the approval of a new CEO-level appointment at Wataniya Palestine, one of its international operations, according to Ooredoo’s statement published on the Qatar Exchange.The new CEO is …
Company News
11 November 2014 06:43 PM GCC telecom firms’ profits rise 8% in 9M – analysis
The value of the information and communications technology (ICT) in the Middle East is set to jump from projected $15 billion in 2014 to $20 billion in 2020, backed by huge regional investments, as well as more state …
Company News
10 November 2014 00:32 PM Ooredoo reveals date for Sukuk profit repayment
Ooredoo announced today, Monday, that its wholly-owned subsidiary Ooredoo Tamweel Limited (OTL), shall pay its Sukuk holders’ periodic payment on December 3, 2014. This comes pursuant to the terms and conditions of the …
Bonds
29 October 2014 02:32 PM Asiacell revenue drops 10%
Qatari telecom provider Ooredoo announced financial results of its Iraqi unit Asiacell to the Iraqi Stock Exchange (ISX), reporting a net revenue decrease by 10% to QAR 4.80 million during the first nine months of 2014 …
Corporate Actions