Middle East Daily
    Hot News
    Business

    Saudia and Merit sign agreement to launch AlFursan Store

    Business

    MoEI, Dubai Municipality, Dubai RTA, Mubadala and PNC Architects among Big 5 Global Impact Awards 2025 finalists

    Lifestyle

    Eqvilent Employee-Athlete Wins International Dressage Championship for UAE

    Important Pages:
    • Privacy Policy
    • Terms & Conditions
    Facebook Twitter Instagram Pinterest
    • Privacy Policy
    • Terms & Conditions
    Saturday, May 30
    Facebook Twitter
    Middle East Daily
    • Home
    • News

      Franc Vila Names Gulf Its Primary Market as Region’s Luxury Watch Sector Approaches $830 Million

      Kuwait shimmers in national colors; MoI at the ready

      Faraday Future Announces New FX Super One Deliveries in the Middle East as It Continues to Advance Towards the Region’s 2026 Delivery Goals

      Faraday Future Announces the FX Super One Roadmap for Mass Production, Sales, Delivery, Service and Ramp-Up and Its Entry into Embodied AI Robotics

      Faraday Future Exhibits at WETEX 2025 and Announces FX SuperOne Final Launch on October 28 in Dubai

    • Business

      KIB supports Hajj pilgrims at Kuwait International Airport’s T4 Terminal

      KIB Group, represented by KIB Invest, acts as Joint Lead Manager in Islamic Development Bank’s USD 1 billion Sukuk issuance

      Porsche Centre Kuwait named 2025 Importer of the Year for Middle East region

      Ooredoo Kuwait Enhances Pilgrims’ Travel Experience Through Special Hajj Campaign

      Local Report Highlights Obesity Intervention as a Strategic Lever for Economic Growth and Societal Progress in the United Arab Emirates

    • Technology

      GameChain Collective Redefines Web3 Gaming Through Collaboration and Co-Creation

      EFE UAE Launches AJYAL 2026 Program at AURAK to Equip Youth with AI, Green Skills and Job Readiness

      CNTXT AI Introduces Munsit Edge, Bringing Private, Real-Time Arabic Speech AI to Phones, Cars, and Smart Devices

      Comfi expands across MENA after raising $65 million pre-Series A

      CNTXT AI introduces Munsit Emirati TTS, the most accurate native Emirati voice model, setting a new benchmark for Arabic speech

    • Lifestyle

      Dubai luxury real estate market strengthens across key price brackets

      Eqvilent Employee-Athlete Wins International Dressage Championship for UAE

      Emirates’ latest services and enhancements for customers with accessibility requirements

      Dubai’s rise as the global capital of branded residences: Documented by Provident

      Joel Corry and Imanbek to headline star-studded SBC Summit Opening Party

    • Submit A Press Release
    Breaking News:
    • KIB supports Hajj pilgrims at Kuwait International Airport’s T4 Terminal
    • KIB Group, represented by KIB Invest, acts as Joint Lead Manager in Islamic Development Bank’s USD 1 billion Sukuk issuance
    • Porsche Centre Kuwait named 2025 Importer of the Year for Middle East region
    • Ooredoo Kuwait Enhances Pilgrims’ Travel Experience Through Special Hajj Campaign
    • Local Report Highlights Obesity Intervention as a Strategic Lever for Economic Growth and Societal Progress in the United Arab Emirates
    • National Bank of Fujairah Strengthens Islamic Digital Proposition with New Website Launch
    • In support of National Small and Medium Enterprises Mada Media Introduces an Exclusive Bid on 2 Hoardings on Al Yalayis
    • Porsche unveils limited edition 911 Turbo S Sadu Edition to commemorate 70 years in Kuwait
    Middle East Daily
    Home » Ooredoo Kuwait Approves Record Cash Dividend of 150 Fils Per Share
    Ooredoo Kuwait Approves Record Cash Dividend of 150 Fils Per Share - ooredoo kuwait
    Business

    Ooredoo Kuwait Approves Record Cash Dividend of 150 Fils Per Share

    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp

    • Shareholders approve 2025 financial results with 93% attendance• Earnings per share reach 154 fils• Chairman Sheikh Nasser bin Hamad bin Nasser Al-Thani: 56% profit growth reflects our long-term commitment to shareholders• CEO Abdulaziz Yaqoub Al-babtain: Strategic partnerships position Ooredoo at the forefront of technology in line with Kuwait Vision 2035

    Ooredoo Kuwait has approved a record cash dividend of 150 fils per share, the highest in the company’s history, following the approval of shareholders during its Ordinary and Extraordinary General Assembly meeting for the fiscal year ending December 31, 2025.

    The meeting was held on Wednesday, 4 March 2026, at the company’s headquarters with 93% shareholder attendance.

    The session was chaired by board member Dr

    Yousif Al-Sulaili, representing Chairman Sheikh Nasser bin Hamad bin Nasser Al-Thani, while Omar Al-Bassam, Chief Human Resources and Administration Officer, represented CEO Abdulaziz Yaqoub Al-Babtain.

    During the meeting, shareholders approved the board’s recommendation to distribute a 150% cash dividend of the nominal share value, equivalent to 150 fils per share, after deducting treasury shares. Shareholders registered in the company’s records as of 24 March 2026 will be entitled to the dividend.

    The General Assembly also approved the appointment of KPMG Al-Qenaei & Partners as the company’s external auditor for the 2026 financial year, with the board authorized to determine their fees.

    Strong Financial Performance and Sustainable Growth

    Ooredoo Kuwait Group delivered strong financial results in 2025, supported by robust operational performance across its key markets in Kuwait, Algeria, Tunisia and the Maldives.

    Commenting on the results, Sheikh Nasser bin Hamad bin Nasser Al-Thani, Chairman of Ooredoo Kuwait, said the company’s 2025 results reflect strong and disciplined performance supported by sustainable commercial momentum across its key markets.

    “Our consolidated revenues grew by 9%, while EBITDA increased by 20%. Net profit rose by 56% to reach KWD 77 million,” he said.

    “These results reflect our firm commitment to sustainable growth and our focus on delivering long-term value to our shareholders.”

    He added that the strong performance was driven by continuous improvements in customer experience, Ooredoo’s network leadership in Kuwait, and continued growth supported by operational efficiency and targeted investments in infrastructure.

    The board’s recommendation to distribute 150 fils per share, he noted, reflects the company’s capital management strategy and its commitment to delivering sustainable shareholder returns.

    He also expressed confidence in the company’s ability to maintain positive momentum in 2026, supported by its strong position in the telecommunications sector.

    For his part, Ooredoo Kuwait CEO Abdulaziz Yaqoub Al-Babtain said the company’s 2025 results marked a milestone in its growth journey, reflecting strong performance and sustainable growth that further strengthens its market leadership.

    “I am pleased to announce our positive financial results for 2025, which reflect strong performance and sustainable growth, reaffirming the strength of our strategy and the clarity of our vision,” he said.

    “2025 was a pivotal year for Ooredoo. We successfully translated our plans into tangible achievements that strengthened our position in the local market and reinforced our digital leadership across the region.”

    Al-Babtain highlighted several key milestones achieved during the year, including the launch of 5G Advanced (5G-A) technology, significantly enhancing network efficiency and speeds.

    The company also announced the readiness of Kuwait’s first AI-supported data centre, developed in partnership with NVIDIA, which will serve as a foundation for a secure national artificial intelligence ecosystem supporting Kuwait’s digital economy.

    Beyond technological development, Ooredoo also received multiple international recognitions, including the Telecom Company of the Year award for the second consecutive year at the Asian Telecom Awards, alongside several industry awards for artificial intelligence, network development and digital innovation.

    The CEO noted that both the consumer and enterprise segments recorded strong growth, supported by the strong performance of the company’s telecommunications services and a fast-paced growth strategy focused on value creation and improved returns.

    Ooredoo also continued expanding its strategic partnerships across both the public and private sectors, moving beyond traditional telecommunications to provide a broader ecosystem of digital solutions including Internet of Things (IoT), cloud services, and advanced digital applications in line with Kuwait Vision 2035 and the country’s digital transformation agenda.

    “Our strong financial performance and exceptional profits, together with the board’s recommendation to distribute a 150% dividend, underline the strength of our financial position and our ability to deliver sustainable value to shareholders,” Al-Babtain said.

    He also stressed that human capital remains Ooredoo’s most valuable asset, noting that employees play a central role in driving the company’s achievements.

    “We enter 2026 with confidence and greater ambition, supported by strong financial foundations and a clear determination to continue innovating and strengthening our position as a leading digital partner shaping Kuwait’s digital future.”

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp

    Related Posts

    Business

    KIB supports Hajj pilgrims at Kuwait International Airport’s T4 Terminal

    Business

    KIB Group, represented by KIB Invest, acts as Joint Lead Manager in Islamic Development Bank’s USD 1 billion Sukuk issuance

    Business

    Porsche Centre Kuwait named 2025 Importer of the Year for Middle East region

    Business

    Ooredoo Kuwait Enhances Pilgrims’ Travel Experience Through Special Hajj Campaign

    Business

    Local Report Highlights Obesity Intervention as a Strategic Lever for Economic Growth and Societal Progress in the United Arab Emirates

    Business

    National Bank of Fujairah Strengthens Islamic Digital Proposition with New Website Launch

    Business

    In support of National Small and Medium Enterprises Mada Media Introduces an Exclusive Bid on 2 Hoardings on Al Yalayis

    Business

    Porsche unveils limited edition 911 Turbo S Sadu Edition to commemorate 70 years in Kuwait

    Follow Us
    • Facebook
    • Twitter
    Top Posts
    Lifestyle

    Mazagan Beach & Golf Resort Sees Surge In Bookings From GCC And UAE Residents With New E-Visa Accessibility

    Mazagan Beach & Golf Resort is pleased to announce a significant increase in bookings from…

    Business

    CINET Concludes the First Day of the 20th Annual Meeting of the Arab Committee for Credit Information

    Basel Al-Haroon: Hosting the meeting in Kuwait reflects its standing as a regional financial hub that promotes knowledge and drives innovation Dr. Fahad Al-Turki: The Committee serves as a vital platform for unifying efforts and building cooperation and partnerships to achieve an integrated Arab financial ecosystem Alia Al-Humaidhi: Hosting this event reinforces CINET’s leadership as a regional center for credit information and data excellence Kuwait City, 26th November 2025: Kuwait Credit Information Network Company (CINET), the leading and sole provider of credit information services in Kuwait, concluded the 20th Annual

    Lifestyle

    New Year, New Start: DoubleTree By Hilton Dubai – Jumeirah Beach Is Kicking Off 2024 By Launching A Whole New Line Up Of Amazing Dining Experiences

    With the launch of its new program of events and experiences, DoubleTree by Hilton Dubai…

    Business

    KIB upholds its efforts to raise public awareness about the dangers of digital fraud

    Kuwait, 30 December 2025: Driven by its commitment to fostering a secure banking environment and ensuring the safety of its customers’ financial transactions, Kuwait International Bank (KIB) extended its efforts to raise awareness about cybersecurity risks and evolving digital fraud methods. This comes as part of KIB’s support for the national “Let’s Be Aware” (Diraya) campaign, launched by the Central Bank of Kuwait (CBK) and the Kuwait Banking Association (KBA) in collaboration with local banks. The Bank’s continued support for the nationwide campaign aligns with its dedication to empowering customers to protect

    Business

    Tech-Driven Transformation Takes the Spotlight at SBC Summit 2025

    A brand-new Technology Stage will debut this September at SBC Summit 2025, running from 16 to 18 September at the…

    Welcome to Middle East Daily, your daily dose of news and insights from the heart of the Middle East. Explore the latest headlines, delve into thought-provoking analysis, and engage with stories that define our region's narrative.

    Facebook Twitter
    Categories
    • Business (683)
    • Lifestyle (127)
    • News (135)
    • Technology (107)
    Top Insights
    Lifestyle

    French Self-Help Author Lala O.Roch Celebrates Ramadan in Dubai Jumeirah in Stunning Moroccan Outfit

    Business

    IATA Releases 2025 Safety Report

    © 2026 Middle East Daily.
    • Home
    • Privacy Policy
    • Terms & Conditions

    Type above and press Enter to search. Press Esc to cancel.