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Ooredoo names new Chairman for Kuwait

Ooredoo names new Chairman for Kuwait
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OOREDOO
OOREDOO`R
-0.18% 1,090.00 -2.00
Ooredoo
ORDS
1.20% 12.65 0.15
Ooredoo
OOREDOO
6.25% 1.02 0.06

2P
7204.B
0.00% 0.00 0.00

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 East, bringing strong leadership experience and expertise to his new role.

In the nine-month period that ended on 30 September 2024, the net profits attributable to the shareholders of Ooredoo amounted to QAR 2.92 billion, an annual rise of 10% from QAR 2.66 billion.

The group’s revenues grew by 2% year-on-year (YoY) to QAR 17.65 billion in January-September 2024 from QAR 17.24 billion.