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21/09/2016 05:35 AST
Ooredoo QSC is exploring options including a sale of its controlling stake in Indonesia’s phone carrier PT Indosat as the Qatari phone company seeks to raise cash and focus on its more profitable Middle Eastern markets, according to people familiar with the matter.
Ooredoo could sell its 65 per cent stake in Indosat to another phone company willing to expand in the region, the people said, asking not to be identified because the deliberations are private. The holding has a market value of about $1.4 billion (Dh5.14 billion). No final decision has been made and deliberations are still at a preliminary stage, the people said. A representative for Ooredoo declined to comment.
Gulfnews
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