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12/07/2017 06:12 AST
Moody’s Investor Service has affirmed the A2 long-term issuer rating of Ooredoo, the telecom giant.
The global credit rating agency stated that the affirmation of the A2 ratings with a stable outlook reflects Ooredoo's robust standalone credit profile with around 70 percent of EBITDA generated outside of Qatar in 2016. Moody’s also noted that Ooredoo's credit profile continues to benefit from the support and rating uplift offered by the Government of Qatar, which owns 68.6 percent of the company through direct and indirect holdings.
The Peninsula
01/02/2018
Ooredoo recently underlined its commitment as one of Qatar’s leading innovation enablers, thanks to the strong success seen at the first-ever ‘Ooredoo Innovation Roadshow’.
During the roadsh
Gulf Times
30/01/2018
Ooredoo, one of the region’s leading ICT providers, announced yesterday a new joint initiative with Qatar’s biggest business players to support the end-to-end digital transformation of small and medi
The Peninsula
11/01/2018
Ooredoo has recently showcased how emerging technologies such as the Internet of Things (IoT) and artificial intelligence (AI) can transform Qatar’s businesses with its third technology master class
Gulf Times
Ticker | Price | Volume |
---|---|---|
SABIC | 114.77 | 5,915,941 |
SAMBA | 26.98 | 1,138,683 |
STC | 83.41 | 257,644 |
DARALARKAN | 13.47 | 74,648,349 |
05/04/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
05/04/2018
Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating
Gulf Times
05/04/2018
Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told
The Peninsula
04/04/2018
Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o
The Peninsula
04/04/2018
Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than
Gulf News