Kuwait's second-largest mobile phone operator, the National Mobile Telecoms Co (Wataniya) has posted a 69% decline in quarterly net profit to KD19.6m ($68.32m) from KD63.5m a year earlier, in line with forecasts, Reuters has reported. Net profit in the first half amounted to KD35.8m, down from KD78.8m in the first half of 2009. Wataniya operates in markets including Algeria, Tunisia, Saudi Arabia and the Maldives.
You might also like...
European finance in place for Tunisia Bizerte bridge
29 March 2024
HZI takes on Dhafra waste energy EPC contract
29 March 2024
Policy designates Masdar, Adnoc as hydrogen coinvestors
29 March 2024
Waste energy projects find relevance
29 March 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.