Ooredoo Group
Top 100 Companies in the Middle East 2021

SR.No: 22

Ooredoo Group

Sector: Telecommunications

Date of Establishment: 1987
Country: Qatar
Managing Director: Aziz Aluthman Fakhroo

Sales: $7.9 billion

Profits: $391 million

Assets: $24.1 billion

Market Value: $6.3 billion

Ooredoo is the largest telecom company in Qatar. It was founded in 1949 as Qatar National Telecom Service, which built the first telephone exchange in Doha. Today it is an international communications company with a customer base of more than 100 million in 12 countries across the Middle East, North Africa, and Southeast Asia. Ooredoo has set up more than 70 live 5G sites in Qatar, and it has started to deploy 5G networks in Kuwait and Oman. Aziz Aluthman Fakhroo became managing director of Ooredoo Group in 2020. He is also deputy undersecretary for Financial Affairs at Qatar’s Ministry of Finance.