Oman's Omantel appoints new chief executive

By Reuters
  • Sunday, 29 June 2014 6:17 PM
  • Share via facebook
  • Tweet this
  • Bookmark and Share

Oman Telecommunications (Omantel) has appointed Talal Said Marhoon al-Mamarias chief executive, the company said in a statement on Sunday.

Mamari is a company veteran and was previously chief financial officer. He has replaced outgoing CEO Amer Al-Rawas, who will take up a similar role at a company in Oman's oil and gas sector, Omantel said, but did not provide further details.

Omantel is Oman's second-largest listed company by market value and it made a consolidated net profit of OR119.28 million ($310 million) in 2013, up 2.6 percent from a year earlier.

Related:

Stories

Omani telco posts 13% rise in Q4 net profit

First half of Omantel share sale 1.99 times subscribed

Oman telco Nawras Q1 profit rises 14%

Oman's sale of 19% of Omantel to start next week

Galleries
Clear call: Top Arabs in Telecoms

Clear call: Top Arabs in Telecoms

Companies

Oman Telecommunications Company

Market Performance

Oman Telecommunications Company
1.755
0.0 0.0 (%)
Enlarge graph

Also in Technology

Apple suffers production delay for large-screen iPads

Mobily shares surge on hopes for indirect Saudi gov't support

Also in Oman

Revealed: Arab owners dominate list of the world's superyachts

Stock markets: Gulf bourses soft; ex-dividend FGB weighs on Abu Dhabi

Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearing

Further reading

Get E-Mail Alerts
Get E-Mail Alerts

Arabian Business Power 500 2013 - Top 5 from Saudi Arabia »

Prince Alwaleed Bin Talal Al Saud  Khalid Al Falih  Fahad Al Mubarak  Haifa Al Mansour  Abdulla Al Zamil 
View complete list
Features & Analysis
Growth spurt for Gulf's e-commerce sector

Growth spurt for Gulf's e-commerce sector

The recent sale of Talabat.com to Germany’s Rocket Internet for...

What's behind modern spaceship design?

What's behind modern spaceship design?

A fleet of privately owned vehicles is set to challenge NASA...

Insider: Oil and gas sector in fear of hackers as cyber attacks surge 179%

Insider: Oil and gas sector in fear of hackers as cyber attacks surge 179%

Experts have put the vital industry on high alert as the threat...

Most Popular
Most Discussed