(MENAFN – Muscat Daily) Nawras has introduced a new way to recharge and settle bills through Facebook. Another Nawras first in Oman, prepaid customers can now access MyNawras through their Facebook account to conveniently buy credit while postpaid customers can pay their bill online using a locally issued credit card or bank Muscat debit...
Posts Tagged ‘ Nawras ’
STOCKS NEWS MIDEAST-HSBC Oman edges up on Q1 profit rise; Nawras slumps
0943 GMT – Shares in HSBC Bank Oman edge higher as investors give a lukewarm response to the lender’s quarterly profit jump, while telecom operator Nawras slumps to a new 10-week low. HSBC Bank Oman, which was formed last year by a merger of HSBC’s Oman unit and Oman International Bank, gain 1 percent....
STOCKS NEWS MIDEAST-HSBC Oman edges up on Q1 profit rise; Nawras slumps
0943 GMT – Shares in HSBC Bank Oman edge higher as investors give a lukewarm response to the lender’s quarterly profit jump, while telecom operator Nawras slumps to a new 10-week low. HSBC Bank Oman, which was formed last year by a merger of HSBC’s Oman unit and Oman International Bank, gain 1 percent....
Oman- Nawras' Q1 profit drops 21% to USD20m
(MENAFN) Oman’s Nawras, the Sultanate’s second-biggest telecom operator, announced that its net profit declined by 21 percent in the first quarter to USD20 million from USD25.38 million a year before, reported Arabian Business. The company added that total revenue rose by 3 percent to USD124.86 million, up from USD121.24 million in 2012′s same period....
MIDEAST STOCKS-Oman's Nawras plunges after Q1 drop; Dubai rally falters
* Telco Nawras in biggest drop since October * Dubai gives back early gains to ease from 3-1/2 yr high * Egypt falls for 4th session in 6, more declines seen * Saudi up, but petchems cap gains By Matt Smith DUBAI, April 29 (Reuters) – Oman’s Nawras made its largest one-day decline in...
STOCKS NEWS MIDEAST-Banks lift Saudi; petchems remain gloomy
0945 GMT – Banks help Saudi Arabia’s index extends gains, although underperforming petrochemical stocks are likely to keep the market stuck in a broader sideways trend. Al Rajhi Bank climbs 1.2 percent, Samba Financial Group rises 0.2 percent and Riyad Bank adds 0.4 percent. This trio are only stocks among Saudi’s 10 largest by...
STOCKS NEWS MIDEAST-Oman Nawras in biggest drop in 6 mths; Muscat dips
0917 GMT – Oman’s Nawras makes its largest one-day fall in six months after the telecommunications operator posted a fifth straight decline in quarterly profit, weighing on a downbeat Muscat bourse Nawras drops 7.1 percent, its biggest fall since Oct. 22, to slump to a 10-week closing low. The operator, majority-owned by Qatar’s Ooredoo,...
Oman's Nawras Posts 21 Fall in Quarterly Profits
Published on: 29th Apr 2013 Oman based mobile network operator, Nawras has reported a 21 percent drop in its first-quarter profits, which it said was down to higher depreciation due to network modernisation. Net profit came in at OMR 7.7 million (US$20 million). Revenues grew by 3% to OMR 48.2 million (US$110.9), driven by...
Oman's Nawras posts 21% slump in Q1 net profit
Oman’s No.2 telecom operator Nawras has reported a 21 percent drop in first-quarter profit, missing analysts’ estimates as text and domestic call income fell. The firm posted a fifth straight quarterly profit decline as margins shrunk and depreciation rose while overall revenue increased 3 percent. Nawras, majority-owned by Ooredoo (Qatar Telecom), made a net...
STOCKS NEWS MIDEAST-Nawras hits 2-mth low after Q1 profit drop
0614 GMT – Shares in Oman’s Nawras plunge to a two-month low after the telecommunications operator posted a fifth straight decline in quarterly profit. Nawras falls 4.7 percent to 0.508 rials, its lowest level since Feb. 20. The stock is down 27.6 percent from its 2010 initial public offer price of 0.702 rials. The...