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MarketScreener Homepage  >  Equities  >  MUSCAT SECURITIES MARKET  >  Omani Qatari Telecommunications Cmp SAOG    ORDS   OM0000003968

OMANI QATARI TELECOMMUNICATIONS CMP SAOG

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Omani Qatari Telecommunications Cmp SAOG : Thousands take part in Ooredoo Doha Marathon

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01/11/2019 | 11:27pm EDT

Qatari Olympic Medallist Mutaz Barshim with kids participating in Ooredoo Doha Marathon.

DOHA: Thousands of runners yesterday took part in Ooredoo Doha Marathon.

Around 4,000 runners took their places at the start line, with record entrants in all categories, and scores of Doha residents lined the streets to witness some incredible performances from the world’s top marathon professionals as well as local runners.

The event, a much-anticipated fixture on Qatar’s sporting calendar, was also attended by Minister of Culture and Sports H E Salah bin Ghanem Al Ali and Qatari Olympic Medallist Mutaz Barshim, along with a number of senior executives from Ooredoo.

Runners who scooped top spot in the Men’s Open category and the Women’s Open category both received QR 45,000, with winners and runners up in the other categories also receiving generous cash prizes.

Thousands of spectators lined the streets of Doha to cheer on runners, both in the marathon categories and the shorter distances, and the finish line was packed with supporters creating an electric atmosphere. P3From page 1

Event organisers laid on a wide variety of activities in MIA Park, ensuring plenty of fun was had by all.

Speaking about the event, Ooredoo CEO Waleed Al Sayed, said: “We’re delighted to kickstart the year with the most successful edition of the Ooredoo Doha Marathon yet, hoping that runners, spectators and sponsors all enjoyed a great event. I’d like to congratulate the winners of each category, of course, but also all participants – in both marathon and the shorter distances - on their commitment to getting fit and joining in this worthwhile sporting event. I’d also like to thank our generous sponsors for their incredible support, without whom the event simply couldn’t happen.”

The annual Ooredoo Doha Marathon, an event inaugurated in 2013, was designed to encourage Qatari citizens and residents to embrace an active lifestyle and has grown into a much-anticipated event for experienced marathon runners, fitness enthusiasts and novices alike. It is now one of the most popular events on Qatar’s sporting calendar, attracting the cream of the international marathon crop, and is an exciting opportunity for Qatar-based runners to compete against international marathon professionals. The marathon marks the start of a packed schedule of sporting events throughout the year, as Ooredoo continues to support Qatar’s drive to promote health and fitness amongst its citizens and residents.

In line with Ooredoo’s corporate social responsibility strategy and its commitment to supporting the communities in which it operates, all funds generated from the Ooredoo Doha Marathon 2019 will go directly to charitable organisations.

(c) 2019 Dar Al Sharq Press, Printing & Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (OMR)
Sales 2019 290 M
EBIT 2019 46,0 M
Net income 2019 38,0 M
Debt 2019 8,00 M
Yield 2019 8,33%
P/E ratio 2019 8,54
P/E ratio 2020 8,40
Capi. / Sales 2019 1,16x
Capi. / Sales 2020 1,10x
Capitalization 328 M
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Mean consensus OUTPERFORM
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Average target price 0,62  OMR
Spread / Average Target 24%
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Ian Charles Dench Chief Executive Officer
Amjad B. M. bin Ahmed Al-Busaidi Chairman
Abdul Razzaq Al-Balushi Chief Financial Officer
Ahmed Al Abri Chief Technology Officer
Saud bin Nasser Faleh Al-Thani Vice Chairman
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