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Jordan, Qatar keen on security cooperation

Jordan and Qatar aim to strengthen their security and police cooperation, particularly in training, Petra News Agency reports. According to the report, Brig. Gen. Obaidullah Maaytah spoke with Shei. ....

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Jordan, Qatar discuss security cooperation

AMMAN: Jordan’s Director of the Public Security Directorate and the Qatari Ambassador to Jordan met on Sunday to discuss strengthening security and police cooperation, particularly in training, Petra News Agency reported. Brig Gen Obaidullah Maaytah spoke with Sheikh Saud Bin Nasser Al-Thani about Jordan’s deep ties with Qatar, noting that the PSD was eager to support Qatar ....

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Ooredoo announces net profit of QR1.1bn in 2020


Ooredoo announces net profit of QR1.1bn in 2020
DOHA, February 15, 2021
Ooredoo Group s net profit attributable to shareholders decreased by 35% year-on-year to QR1.1 billion ($300 million) in 2020 mainly due to lower EBITDA and one off gains in 2019 from the Indonesian tower sales. 
 
Ooredoo Group maintains healthy cash reserves and liquidity levels, and with a net profit of QR1.1 billion, the Board recommends the distribution of a cash dividend of QR0.25 per share.  
 
In Q4 2020 the net profit was negatively impacted by Foreign Exchange losses mainly due to the devaluation of the Iraqi dinar and a one-off impairment from an investment.
 
Revenue declined by 4% year-on-year to QR28.9 billion in 2020, due to the Covid-19 pandemic impact, with a reduction in handset sales and roaming business as well as macroeconomic weakness in some of our markets. This was partially offset by growth in Indonesia, Myanmar and Palestine. ....

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Ooredoo QSC (via Public) / Ooredoo Group announced Net Profit of QAR 1.1…


3%
· Revenue declined by 4% year-on-year to QAR 28.9 billion in 2020, due to the COVID-19 pandemic impact, with a reduction in handset sales and roaming business as well as macroeconomic weakness in some of our markets. This was partially offset by growth in Indonesia, Myanmar and Palestine.
· EBITDA declined by 6% year-on-year to QAR 12.1 billion in 2020, impacted by lower revenues and challenging market conditions across most markets. The company maintains its focus on digitalization and cost optimisation, which has been reflected in a healthy EBITDA margin of 42% for FY 2020
· Group Net Profit attributable to Ooredoo shareholders decreased by 35% year-on-year to QAR 1.1 billion in 2020 mainly due to lower EBITDA and one off gains in 2019 from the Indonesian tower sales. In Q4 2020 the Net Profit was negatively impacted by Foreign Exchange losses mainly due to the devaluation of the Iraqi dinar and a one off impairment from an investment ....

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