Posted on November 18, 2014

Ooredoo’s Chairman, H.E. Sheikh Abdullah Bin Mohammed Bin Saud Al Thani has urged businesses in Qatar to take the lead in corporate governance, in a keynote speech to the Qatar Chamber. The Chairman, who represented Ooredoo as both a global communications leader and a trail-blazer in corporate best practice, spoke about the impact of corporations on the economy and as well as on governments, investors and markets.

Speaking to the Chamber, H.E. Sheikh Abdullah said: “Ooredoo strongly believe in compliance with governance policies, as this plays an important role in the company’s performance locally and globally, enhancing investors’ trust. With our continuous development and growth, Ooredoo governance becomes more important than ever for Ooredoo, as we strive to meet and exceed the exacting standards of every market that we operate in.”

Ooredoo Chairman speaks at Qatar 2 [].jpgThe Qatar Chamber invited Ooredoo’s Chairman to advocate the importance of governance on behalf of the country’s business community. During the session, the Chairman outlined a number of policies and directives Ooredoo’s board has in place to protect the interests of all stakeholders. Policies highlighted included a thorough governance guide, internal audit policies, HR policies guide and financial authorities. “The Ooredoo board review and improve our governance policies regularly, and adapt them thoroughly for every country across our footprints local regulations. We also believe good conduct is not limited to the board members and directors of the company – it is a responsibility of all employees,” said H.E. Sheikh Abdullah.

Ooredoo has made a series of significant investments in 2014 to enhance the range of services and solutions available to businesses in Qatar, and supported this with a thorough regulatory framework. Highlights include the OASIS lab, an open house for the growing number of SME’s in Qatar to test Ooredoo’s IT and communication solutions, as well as the launch of enhanced Machine to Machine (M2M) services that enable businesses to connect all of their different systems and devices.