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Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

Noor Al-Sulaiti is new Ooredoo CEO

The company expanded customer base to 156.2 million, a solid 3% YoY growth.
    • Al-Sulaiti took over from Ian Dench who resigned recently

    • She was earlier the CEO of Starlink, an Ooredoo Group subsidiary company

    Ooredoo, a Qatari telecommunications company, has appointed Noor Al-Sulaiti as the company’s new Chief Executive Officer (CEO). She has taken over from Ian Dench, who, according to the company’s statement, resigned recently.

    According to the statement, Noor Al-Sulaiti has been working with Ooredoo Group in Qatar since 2004. She had been the CEO OF Starlink, an Ooredoo Group subsidiary company. In her latest role as the CEO of Starlink, she, added the statement, had made a considerable impact on the market by rebranding and expanding the portfolio and capability of the company to compete in e-commerce and retail. Previously, she was the General Manager of Phono & Fasttelco in Kuwait.

    “Al-Sulaiti had a wealth of experience and expertise gained over seventeen years of progressive and rotational role in the telecommunications industry,” according to the statement.

    Ooredoo is a Qatari multinational telecommunications company headquartered in Doha, Qatar. Ooredoo provides mobile, wireless, wireline, and content services with market share in domestic and international telecommunication markets, and in business (corporations and individuals) and residential markets.

    It was the first operator globally to launch commercial 5G services in Qatar and is one of the world’s largest mobile telecommunications companies, with over 115 million customers worldwide as of 2018. Ooredoo has operations in 10 countries across the Middle East, North Africa, and Southeast Asia, including Algeria, Indonesia, Iraq, Kuwait, Myanmar, Maldives, Oman, Palestine, Qatar, and Tunisia.