KUWAIT: Ooredoo Kuwait, a member of the international Ooredoo Group, has recently announced signing a Memorandum of Understanding with Kuwait Clearing Company (KCC) to assist with 2015 cash dividends transfer to the company’s shareholders.
This agreement will allow an easy banking transfer and enable shareholders to get their dividends by visiting KCC website or any bank branch that is subscribed in the service to fill out the transformation form and submit it to the back for accreditation, in order to update their data and complete the transfer process effective from next October.
Ooredoo was keen on activating this service, as a proof of the company’s intention in adopting all new and advanced services to save its shareholders time and efforts. The KCC service is considered to be a highly developed safe method to be used, instead of issuing cheques under shareholder names and receiving it should be in person.
Ooredoo’s operations in Kuwait date back to December 1999 when it launched wireless services as the second operator. The company today provides mobile, broadband internet and corporate managed services tailored to the needs of customers and businesses. Ooredoo is guided by its vision of enriching people’s lives and its belief that it can stimulate human growth by leveraging communications to help people achieve their full potential.
Ooredoo is a leading international communications company delivering mobile, fixed, broadband internet and corporate managed services tailored to the needs of consumers and businesses across markets in the Middle East, North Africa and South-East Asia. As a community-focused company, Ooredoo is guided by its vision of enriching people’s lives and its belief that it can stimulate human growth by leveraging communications to help people achieve their full potential. Ooredoo has a presence in markets such as Qatar, Kuwait, Oman, Algeria, Tunisia, Iraq, Palestine, the Maldives and Indonesia. The company was named “Best Mobile Operator of the Year” at the World Communication Awards 2013.
The company reported revenues of $8.8 billion in 2015 and had a consolidated global customer base of 117 million customers as of 31 December 2015. Ooredoo’s shares are listed on the Qatar Stock Exchange and the Abu Dhabi Securities Exchange.