Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Qatar- Ooredoo holds Capital Markets Day  Join our daily free Newsletter

MENAFN - The Peninsula - 14/05/2014
No. of Ratings : 0
Add to Mixx!

(MENAFN - The Peninsula) Ooredoo, one of the leading international telecommunications service providers in the world, yesterday held its annual 'Capital Markets Day' here where the telecom giant's senior management team updated investors and analysts on the business' financial and strategic progress of the company based on three key areas of the rapidly growing telecoms market.

Dr Nasser Marafih, Ooredoo's Group CEO, led presentations by the heads of Ooredoo's finance, strategy and commercial teams as well as the CEOs of Indosat and Ooredoo Myanmar who provided an update on how Ooredoo is moving its business into the growth opportunities offered by data based products and services under its group strategy: 'The Ooredoo Way'.

The Ooredoo team presented how the business is planning to generate shareholder value as the telecommunications market rapidly evolves.

Ooredoo's strategy is now built around three core areas of focus: Leading on Customer Experience; Strengthening Foundations and Accelerating Growth.

The refinement of the group's strategy will enable Ooredoo to pursue growth opportunities in its traditional markets as well as the new markets being opened up by ubiquitous data access.

In addition, Ooredoo will deliver increasing value to shareholders by pursuing efficiencies across the business through cost optimization and increased network sharing.

Dr Marafih said: "We have made significant progress in our stated strategy since our last update to the capital markets. We discussed with our investors and analysts how 'The Ooredoo Way' will generate shareholder value as we shift the business to becoming more data centric.

"We view the rapidly changing telecoms sectors as an opportunity to create growth not only in our current markets but also in adjacent markets such as

B2B and e-commerce where we have already made good progress. Our presentations and discussions with our investors and analysts demonstrated how we are successfully building a business that is increasingly capable of capturing the growth opportunities of a digital world," Dr Marafih said.


The Peninsula

  MENA News Headlines
 Oct 23 2016 - Art for sight’s sakeMoorfields launches unique Sense of Sight competition challenging UAE artists to celebrate the gift sight, in 3D80% of vision related problems are manageable through early detectionMENAFN Press
(MENAFN Press) To mark World Sight Day 2016 in October, Moorfields Eye Hospital Dubai and Moorfields Eye Hospital Centre Abu Dhabi have launched a competition in the UAE inviting the professional ...

 Oct 23 2016 - FERG records spike in foreign currency transactions powered by tourism activityMENAFN Press
(MENAFN Press) The Foreign Exchange and Remittance Group (FERG), comprising businesses engaged in money exchange and remittances, has recorded a 10-15% increase in foreign currency exchange ...

 Oct 23 2016 - SIAL 2016 to build on AED3.7 billion deals done last year as ME imports increaseMENAFN Press
(MENAFN Press) Held under the patronage of HH Sheikh Mansour Bin Zayed Al Nahyan Deputy Prime Minister of the UAE, Minister of Presidential Affairs and Chairman of Abu Dhabi Food Control Authority, ...

 Oct 23 2016 - Abeer Medical Group expands its operations to the UAE market The group eyes additional investments across the GCC regionMENAFN Press
(MENAFN Press) Abeer Medical Group, an international healthcare provider known for establishing prominent hospitals and medical centers in the GCC region, announced today its plans to expand its ...

 Oct 23 2016 - Dubai FDI launches skills development programme to drive investment and support servicesMENAFN Press
(MENAFN Press) The Dubai Investment Development Agency (Dubai FDI), an agency of the Department of Economic Development (DED), in partnership with the Conway Advisory and Global FDI Association, has ...

 Oct 23 2016 - Emirati lady gives birth to quadruplets at Danat Al Emarat Hospital in Abu DhabiMENAFN Press
(MENAFN Press) An Emirati lady recently gave birth to quadruplets—three boys and a girl—at Danat Al Emarat Hospital for Women & Children in Abu Dhabi. The babies were delivered in the 31st week of ...

 Oct 23 2016 - Sharjah National Hotels expects strong fourth-quarter nearly doubling the performance of last yearMENAFN Press
(MENAFN Press) Sharjah National Hotels, which comprises a group of hotels and resorts situated in various picturesque locations in the emirate, has seen positive growth at the end of its third ...

 Oct 23 2016 - Smiles n’ Stuff Friday Promotion puts the spotlight on the creativity of Al Noor Training Centre students by showcasing their handcrafted productsMENAFN Press
(MENAFN Press) Creativity is a gateway towards self-expression and paves the way for satisfying one’s soul. At Al Noor Training Centre, creativity plays a major part in shaping its community of ...

 Oct 23 2016 - Nikki Beach Resort & Spa Dubai Hosts Kids Taster MenuMENAFN Press
(MENAFN Press) In honor of Cancer Awareness Month, the soon-to-open Nikki Beach Resort & Spa Dubai hosted a group of ladies and children from ‘Pink Ladies Dubai’ for a sneak peek tasting session of ...

 Oct 23 2016 - Arab League's General Secretary Receives Abu-GhazalehMENAFN Press
(MENAFN Press) Ahmed Abu El Gait, General Secretary of the League of Arab States, received HE Dr. Talal Abu-Ghazaleh, chairman of Talal Abu-Ghazaleh Organization (TAG-Org) at his office at the ...





Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Economic Calendar
Financial Glossary

Financial Calculators

RSS Feeds [XML]

Corporate Monitor


Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters

© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help