IHG’s capital increases from 830 mn shares to 3.4 billion

Investment Holding Group (IHG) has announced the allocation of its increase in authorized share capital, following Qatar’s pioneering reverse acquisition. This announcement is based on the decision of IHG’s Extraordinary General Assembly held on April 11, 2022, approving the acquisition of Elegancia Group by IHG. and the increment of the company’s authorized and paid-up share […]

Ooredoo posts revenue of QR5.5 bn in Q1 2022, pre-FX net profit up 48%

Ooredoo Group on Wednesday announced that its revenue for the first quarter of 2022 stood at QR5.5 billion, a decrease of 23% compared to the same period last year. Excluding Indosat Ooredoo, revenues increased by 4 percent. Net Profit for the period increased by 241 percent to QR659 million due to improved operational performances across […]