Latest news with #Ooredoo
Al Bawaba
3 days ago
- Business
- Al Bawaba
Enjoy 20% Off O Plus Plans for 10 Days Only
Ooredoo is kicking off the summer with a limited-time offer that delivers a 20% discount on its crowd-favourite O Plus postpaid plans. Starting 25 June, customers have just ten days to tap into serious savings and extra is the first time Ooredoo is rolling out a monthly discount for all customers across all channels. Those signing up for a new O Plus 20 and above plan, switching from another plan, or upgrading to a higher O Plus tier will all receive three full months of 20% off their monthly subscription charges. It's a bold move aimed at giving everyone more for O Plus experience is all about maxing out digital life. These plans come stacked with attractive local and GCC data, unlimited local calls, international minutes to over 110 countries, roaming benefits across the globe, plus add-ons like data rollover, gift cards, and Starzplay streaming for today's always-connected lifestyles, O Plus is built for people who thrive on high-speed data, from content creators and gamers to frequent flyers and binge-watchers. And with everything powered by Ooredoo's powerful network, staying connected has never been smoother. Customers can join the offer by visiting any Ooredoo store, using the Ooredoo App, or heading to the eShop. The offer ends 4 July 2025, so there's no time to waste! © 2000 - 2025 Al Bawaba ( Signal PressWire is the world's largest independent Middle East PR distribution service.
Zawya
3 days ago
- Business
- Zawya
Qatar Stock Exchange index soars to new heights amid regional tensions
Doha, Qatar: Qatar's Stock Exchange (QCE) closed today June 24, 2025 at 10,531.87 points, marking a significant increase of 199.05 points or 1.93% from the previous session, despite recent regional security tensions. This positive trend persists since yesterday, highlighting the resilient of Qatar's financial market. The index continues to surge positively following yesterday's trend, with the market recording a trading volume of 3,242,185 shares, valued at QR688mn. In this session, the shares of 50 companies rose, while only those of 5 companies decreased. The banking sector emerged as a key driver, with Qatar Islamic Bank gaining 2.80% and Commercial Bank of Qatar rising by 2.08%. Al Rayan Bank rose by 2.17%, while Dukhan Bank rose by 1.89%. However, Ahli Bank saw a slight decline of 0.41%, indicating some variability within the sector. The insurance sector also performed well, with Alkhaleej Takaful gaining 2.31%, Qatar Insurance gaining 2.13%, and Doha Insurance Group increasing by 2.21%. Conversely, General Insurance experienced a drop of 2.28%, marking it as the biggest loser in this session. The industrial sector showed steady growth, with Industries Qatar up by 1.07%, Qatar National Cement Company rising by 1.71%, and Qatar Industrial Manufacturing Company increasing by 0.08%. The telecommunications sector also saw gains, with Ooredoo rising by 3.64%, and Vodafone Qatar (VFQS) increasing by 1.29%. The services sector recorded notable increases, with Qatar Gas Transport Company (Nakilat) up by 3.60%, Salam International rising by 3.71%, and United Development Company (UDCD) gaining 1.20%. The real estate sector on the other hand showed promising results, with Mazaya (MRDS) up by 3.85%, Ezdan Holding (ERES) increasing by 5.17%, and Inma Holding (IHGS) gaining 4.68%. Meeza QSTP (MEZA) and Al Mahhar (MHAR) also rose by 1.14% and 3.06%, respectively. Top gainers in today's trade are Widam (WDAM) at 7.52%, Qatar German Co. Med (QGMD) at 6.62%, Lesha Bank (QFC) at 5.85%, Ezdan Holding (ERES) at 5.17%, Inma (IHGS) at 4.68%, Mannai Corp (MCCS) at 4.62%, and National Leasing (NLCS) at 4.17%. Moderate gains were recorded also for Al Mahhar (MHAR) at 3.91%, Salam International (SIIS) at 3.71%, Qatar Oman (QOIS) at 3.69%, Ooredoo (ORDS) at 3.64%, Nakilat (QGTS) at 3.60%, and Faleh (FALH) at 3.06%. On the other hand, the biggest losers for this session are General Insurance (QGRI) closing at -2.28%, Islamic Insurance (QISI) at -0.82%, Al Ahli Bank (ABQK), Al Meera (MERS), both closing at -0.41% respectively, while Cinema (QCFS) closing at -0.04%. Nevertheless, the overall investor confidence in the market remains strong, with the index's upward trajectory reflecting optimism about Qatar's economic stability. The year-to-date decline of 0.37% suggests some volatility, but the current session's performance indicates robust activity. QSE's current performance reinforces its status as a stable investment hub amidst geopolitical uncertainties. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. (
Business Recorder
5 days ago
- Business
- Business Recorder
Most Gulf bourses higher despite US strikes on Iran
DUBAI: Most stock markets in the Gulf recovered from early losses to end higher on Sunday, despite US strikes on Iranian nuclear sites and investors' eye on the conflict's economic impact. US forces struck Iran's three main nuclear sites late on Saturday, and President Donald Trump warned Tehran it would face more devastating attacks if it does not agree to peace. In Qatar, the index concluded 0.2% higher, helped by a 2.6% rise in telecoms firm Ooredoo and a 1.2% increase in Qatar Gas Transport. 'It is admittedly a bit surprising to see regional equities shrugging off the US strikes on Iran with relative ease, with opening losses having pared relatively rapidly,' said Michael Brown, Senior Research Strategist at Pepperstone. Brown said that the markets had already discounted the probability of a US attack, and investors anticipated a swifter resolution to the conflict following the attacks. The Gulf market is focused on whether the conflict spreads to other nations in the region, with there being no sign of that happening right now, he added. Bahrain and Kuwait, home to US bases, made preparations on Sunday for the possibility of the conflict spreading to their territory, with Bahrain urging drivers to avoid main roads and Kuwait establishing shelters in a ministries complex. Kuwait's premier index reversed early losses to finish 0.4% higher, while Bahrain's main index added 0.3%. The Omani share index was up 0.4%. Jaap Meijer, head of research at Arqaam Capital, said he expected limited downside potential, as investors will likely capitalize on dips, especially in stocks that have been undervalued or stand to gain from rising oil prices. Gulf economies remain insulated, supported by stable oil flows, robust sovereign wealth funds and diversification efforts, making their equities appealing for income investors, added Meijer.
Zawya
5 days ago
- Business
- Zawya
Mideast Stocks: Most Gulf bourses end higher despite US strikes on Iran
Most stock markets in the Gulf recovered from early losses to end higher on Sunday, despite U.S. strikes on Iranian nuclear sites and investors' eye on the conflict's economic impact. U.S. forces struck Iran's three main nuclear sites late on Saturday, and President Donald Trump warned Tehran it would face more devastating attacks if it does not agree to peace. In Qatar, the index concluded 0.2% higher, helped by a 2.6% rise in telecoms firm Ooredoo and a 1.2% increase in Qatar Gas Transport. "It is admittedly a bit surprising to see regional equities shrugging off the U.S. strikes on Iran with relative ease, with opening losses having pared relatively rapidly," said Michael Brown, Senior Research Strategist at Pepperstone. Brown said that the markets had already discounted the probability of a U.S. attack, and investors anticipated a swifter resolution to the conflict following the attacks. The Gulf market is focused on whether the conflict spreads to other nations in the region, with there being no sign of that happening right now, he added. Bahrain and Kuwait, home to U.S. bases, made preparations on Sunday for the possibility of the conflict spreading to their territory, with Bahrain urging drivers to avoid main roads and Kuwait establishing shelters in a ministries complex. Kuwait's premier index reversed early losses to finish 0.4% higher, while Bahrain's main index added 0.3%. The Omani share index was up 0.4%. Jaap Meijer, head of research at Arqaam Capital, said he expected limited downside potential, as investors will likely capitalize on dips, especially in stocks that have been undervalued or stand to gain from rising oil prices. Gulf economies remain insulated, supported by stable oil flows, robust sovereign wealth funds and diversification efforts, making their equities appealing for income investors, added Meijer. Saudi Arabia's benchmark index, however, gave up early gains to close 0.3% lower, hit by a 1.2% fall in Al Rajhi Bank. Recently listed Prince Alwaleed Bin Talal-backed airline Flynas tumbled more than 4%. Outside the Gulf, Egypt's blue-chip index advanced 2.7%, as almost all its constituents were in positive territory including Commercial International Bank, which was up 1.5%. According to Erkin Kamran - CEO of Traze - U.S. involvement might lead to a more contained conflict, as its military superiority could dictate the course of events, potentially minimizing collateral damage and prompting Iran to capitulate due to its weakened retaliatory capacity. SAUDI ARABIA fell 0.3% to 10,574 QATAR gained 0.2% to 10,280 EGYPT up 2.7% to 31,056 BAHRAIN added 0.3% to 1,880 OMAN was up 0.4% to 4,525 KUWAIT rose 0.4% to 8,651 (Reporting by Ateeq Shariff in Bengaluru; Editing by Andrew Cawthorne) Reuters
Al Bawaba
5 days ago
- Business
- Al Bawaba
Viva Kalayaan! Ooredoo Joins the Celebration for the 2025 Philippine Independence Day
Ooredoo participated in the 2025 Philippine Independence Day celebrations in Oman as the official telecom sponsor. The event, held last week, was a vibrant tribute to culture, community, and connection, reflecting Ooredoo's strong bond with the dynamic Filipino community in the Ooredoo team was at the heart of the celebrations with a dedicated space, where they shared the latest offers, showcased innovative products, and connected with attendees in a festive Independence Day is not only a celebration of heritage, but also a chance to honour the vibrant role this community plays in Oman's social and economic landscape. As part of its ongoing commitment to diversity and inclusion, Ooredoo is proud to support events that bring people together and celebrate the rich cultural fabric of Oman. By participating in this important day, Ooredoo reinforces its role in supporting communities through more than just telecom services, fostering meaningful connections and shared experiences. The company continues to lead with purpose, blending innovation with a human touch, and supporting communities through inclusivity, engagement, and cutting-edge digital experiences. © 2000 - 2025 Al Bawaba ( Signal PressWire is the world's largest independent Middle East PR distribution service.
