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Ooredoo Group net profit rises by 10% in 2019 on stable revenue, customer base broadens by 2%

2020-02-14 09:20:00| Telecompaper Headlines

(Telecompaper) Ooredoo Group has announced that its net profit for the year ended 31 December 2019 increased by 10 percent to QAR 1.73 billion from QAR 1.57 billion in 2018. There was an increase in EBITDA and a more favorable foreign exchange environment compared with 2018, but IFRS 16 had a negative effect on net profit. Revenue was stable at QAR 29.92 billion compared with QAR 29.93 billion, in spite of the industry-wide shift from voice to data consumption, lower handset sales and macroeconomic and currency weakness in some markets. 

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RBS Group to change its name to NatWest

2020-02-14 09:16:34| BBC News | Business | UK Edition

New chief executive Alison Rose calls the bank's latest results the "start of a new era".

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BMW Group extends aluminum recycling to Dingolfing press shop

2020-02-13 10:55:42| Green Car Congress

Tags: group shop press bmw

 

Enverus Agrees To Acquire Rival Energy Tech Firm RS Energy Group

2020-02-12 21:00:00| OGI

A report in early January citing unnamed sources gave the acquisition of RS Energy Group by Enverus, formerly Drillinginfo, a roughly $1 billion valuation.

Tags: group energy tech firm

 

Israels Leviathan Gas Group Seeks Partners To Expand

2020-02-12 17:53:03| OGI

Central to progress will be a multibillion-dollar FLNG terminal that would float in the eastern Mediterranean and allow exports to Europe, Yigal Landau, CEO of Ratio Oil, a minority partner in Leviathan, told Reuters.

Tags: group partners expand gas

 

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