Company Insights Ooredoo Telecoms Ooredoo News Banking & Finance Mena to host first IPO summit with listings in high demand The Middle East’s first IPO-focused summit will take place in Dubai later this month after recent listings in the emirate proved a huge draw for international investors. Dubai Financial Market and the Dubai World Trade Centre (DWTC) have partnered to host the Mena IPO Summit – Dubai, which aims to unite the entire IPO value […] January 9, 2023 Player 2 has entered the game – Mena eyes $5bn e-sports prize Sunday was a big day for sports fans in the Middle East. With the eyes of the media trained on the World Cup opener in Qatar and the final race of the Formula One season in Abu Dhabi, it was easy to overlook the e-sports grand final taking place in Dubai. It would be wise […] November 22, 2022 Analysis Business of Sport Nine ways the World Cup will transform Qatar Qatari strategists conceived the World Cup as a catalyser for long-term development ambitions. Across a range of economic sectors, the government has sought to embed the transitory impact of the tournament with longer-lasting side-benefits. None are more evident than in the tourism sector. As Berthold Trenkel, chief operating officer of Qatar Tourism, told AGBI: “The […] November 21, 2022 Long read World Cup 2022 Lusail City is ready for Qatar 2022 … and beyond All over the Gulf, Vision 2030 mega-projects are somewhere on the road from drawing-board dream to functioning reality. One has already got there: Lusail City in Qatar. Work on the development began almost a decade ago, spurred on by preparations for the 2022 World Cup. At the time, the site was a mere village, about […] November 18, 2022 Analysis Development Ooredoo’s PIF deal is the latest in the ‘big telco tower sell-off’ State-owned Qatari telecoms firm Ooredoo’s planned sale of nearly 20,000 towers has attracted bids from some of the biggest names in the business. American Tower Corp, IHS Holding, Helios Towers and Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), are all competing for the acquisition, according to reports by Bloomberg. The newswire cited […] November 15, 2022 Banking & Finance Saudi PIF to consider bidding for Ooredoo’s tower unit Saudi Arabia’s Public Investment Fund (PIF) is weighing submitting the final bid for Qatari telecommunications firm Ooredoo’s network towers, Bloomberg reported, citing unnamed sources. American Tower Corporation, IHS Holding Limited and Helios Towers Plc are contemplating offers for all or part of the portfolio. Ooredoo’s tower assets, located in the Gulf and other markets, including Iraq […] November 8, 2022 Retail Omantel to invest $1.6bn from towers spinoff in growth projects State-owned Omantel, a subsidiary of Oman Investment Authority (OIA), will set up one of the largest regional telecom tower companies through the sale of telecom towers, Oman Daily Observer reported, citing CEO Talal Al Maamari. The operator announced the sale of its telecom towers in Oman in 2021, further expanding it to cover Zain-linked infrastructure […] October 2, 2022 Banking & Finance Qatar Central Bank issues first licence for digital payments Qatar Central Bank has issued the first digital payment services licence to Ooredoo Money and iPay by Vodafone Qatar, the bank said in a tweet. This is an initial step to including all companies providing digital payment services under the central bank’s supervision. Last week, the bank launched the mobile payment service Google Pay, reiterating […] August 31, 2022 Banking & Finance Bahrain’s GFH commences trading on Abu Dhabi bourse Bahrain investment bank GFH Financial Group commenced trading today on the Abu Dhabi Securities Exchange (ADX) after the listing of its shares on the stock market under the ticker ‘GFH’. It marks the investment bank’s fourth regional listing; its shares are already listed and actively traded on the Bahrain Bourse, Boursa Kuwait and the Dubai Financial Market. Today’s listing is set to further expand GFH’s […] June 1, 2022 Posts navigation Previous 1 … 4 5
Banking & Finance Mena to host first IPO summit with listings in high demand The Middle East’s first IPO-focused summit will take place in Dubai later this month after recent listings in the emirate proved a huge draw for international investors. Dubai Financial Market and the Dubai World Trade Centre (DWTC) have partnered to host the Mena IPO Summit – Dubai, which aims to unite the entire IPO value […] January 9, 2023
Player 2 has entered the game – Mena eyes $5bn e-sports prize Sunday was a big day for sports fans in the Middle East. With the eyes of the media trained on the World Cup opener in Qatar and the final race of the Formula One season in Abu Dhabi, it was easy to overlook the e-sports grand final taking place in Dubai. It would be wise […] November 22, 2022
Analysis Business of Sport Nine ways the World Cup will transform Qatar Qatari strategists conceived the World Cup as a catalyser for long-term development ambitions. Across a range of economic sectors, the government has sought to embed the transitory impact of the tournament with longer-lasting side-benefits. None are more evident than in the tourism sector. As Berthold Trenkel, chief operating officer of Qatar Tourism, told AGBI: “The […] November 21, 2022
Long read World Cup 2022 Lusail City is ready for Qatar 2022 … and beyond All over the Gulf, Vision 2030 mega-projects are somewhere on the road from drawing-board dream to functioning reality. One has already got there: Lusail City in Qatar. Work on the development began almost a decade ago, spurred on by preparations for the 2022 World Cup. At the time, the site was a mere village, about […] November 18, 2022
Analysis Development Ooredoo’s PIF deal is the latest in the ‘big telco tower sell-off’ State-owned Qatari telecoms firm Ooredoo’s planned sale of nearly 20,000 towers has attracted bids from some of the biggest names in the business. American Tower Corp, IHS Holding, Helios Towers and Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), are all competing for the acquisition, according to reports by Bloomberg. The newswire cited […] November 15, 2022
Banking & Finance Saudi PIF to consider bidding for Ooredoo’s tower unit Saudi Arabia’s Public Investment Fund (PIF) is weighing submitting the final bid for Qatari telecommunications firm Ooredoo’s network towers, Bloomberg reported, citing unnamed sources. American Tower Corporation, IHS Holding Limited and Helios Towers Plc are contemplating offers for all or part of the portfolio. Ooredoo’s tower assets, located in the Gulf and other markets, including Iraq […] November 8, 2022
Retail Omantel to invest $1.6bn from towers spinoff in growth projects State-owned Omantel, a subsidiary of Oman Investment Authority (OIA), will set up one of the largest regional telecom tower companies through the sale of telecom towers, Oman Daily Observer reported, citing CEO Talal Al Maamari. The operator announced the sale of its telecom towers in Oman in 2021, further expanding it to cover Zain-linked infrastructure […] October 2, 2022
Banking & Finance Qatar Central Bank issues first licence for digital payments Qatar Central Bank has issued the first digital payment services licence to Ooredoo Money and iPay by Vodafone Qatar, the bank said in a tweet. This is an initial step to including all companies providing digital payment services under the central bank’s supervision. Last week, the bank launched the mobile payment service Google Pay, reiterating […] August 31, 2022
Banking & Finance Bahrain’s GFH commences trading on Abu Dhabi bourse Bahrain investment bank GFH Financial Group commenced trading today on the Abu Dhabi Securities Exchange (ADX) after the listing of its shares on the stock market under the ticker ‘GFH’. It marks the investment bank’s fourth regional listing; its shares are already listed and actively traded on the Bahrain Bourse, Boursa Kuwait and the Dubai Financial Market. Today’s listing is set to further expand GFH’s […] June 1, 2022