This is a temporary backup site for TRENDS MENA while our primary website is being restored following a regional disruption affecting Amazon Web Services cloud infrastructure in the GCC.

Search Site

VideosInforgraphics
Sign inSubscribe

Business

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Masar 2025 net profit $262m

Higher land plot sales boost revenue and operating income.

Tasnee’s 2025 losses deepen

The petrochemicals' company's revenue also fell 17.7 percent.

Ooredoo to pay 3% interest

August 3, 2022 3:02 pm
  • The company will pay the accrued interest of 3.25 percent to the bondholders amounting to $1 billion and due on Feb. 21, 2023
  • Ooredoo revenue for the half year ended 30 June 2022 stood at QR11 billion, an increase of 4 percent compared to the same period last year

Ooredoo will pay its Global Medium Term Note (GMTN) holders $16.250 million interest on August 22.

The company will pay the accrued interest of 3.25 percent to the bondholders amounting to $1 billion and due on Feb. 21, 2023. 

Ooredoo revenue for the half year ended 30 June 2022 stood at QR11 billion, an increase of 4 percent compared to the same period last year. 

Net Profit for the period stood at QR1.3 billion up 43 percent from the first half of 2021.

Group EBITDA for the period was QR4.5 billion, an increase of 2 percent. 

CAPEX for the period stood at QR965 million and Free Cash Flow increased 10 percent to reach QR3.6 billion. 

Consolidated customer base stood at 55 million, driven by growth in most markets offset by a decline in Myanmar.  

Most Read