19 February 2017
Ooredoo Recognised As an ‘Approved Employer’ by the ACCA
Ooredoo was recently certified as an ‘Approved Employer’ by the Association of Chartered Certified Accountants (ACCA), a global body for professional accountants. The ACCA Approved Employer certificate is an international benchmark that recognises Ooredoo’s high standards of in-house training, professional development programmes, and accountancy resources. The certification was presented to the Finance team by Maqbool Al Lawati, Chair of the ACCA Members Advisory Committee in Oman.
Abdul Razzaq Al Balushi, Chief Financial Officer said, “It is a privilege to be awarded such a prestigious certificate, which reflects the high standard of our accountancy services and team members. This key milestone is a major step that will take the development of our financial department to even greater heights, positioning our professional teams to continue growing and exceeding the expectations of our valued customers.”
The certificate is awarded to companies that offer outstanding continuing professional development opportunities to their finance professionals and demonstrate superior professional values, ethics and governance in the workplace. Companies are required to undergo special assessment against a number of best practices.
Lindsay Degouve de Nuncques, head of ACCA Middle East said, “We are delighted to provide formal recognition to Ooredoo Oman in support of their commitment to providing learning and development opportunities to their finance staff, which further supports the accounting profession in Oman and the wider Middle East. As an approved employer, Ooredoo Oman has been awarded for achieving the global benchmark that further fortifies the effort that they place in learning and development. With ACCA qualified professionals, we can continue to strengthen the accounting profession across the region, whilst creating a wider economic impact – as a result of the work that our members and employers undertake. We look forward to continue working with Ooredoo to further strengthen the accounting profession in Oman and across the region.”
Founded in 1904, ACCA has more than 188,000 fully qualified members and 480,000 students worldwide. The organisation believes that accountants bring value to economies in all stages of development and seek to further the capacity in the profession and encourage the adoption of global standards. ACCA seeks to open up the profession to people of all backgrounds and remove artificial barriers, innovating its qualifications and delivery to meet the diverse needs of trainee professionals and their employers.
Omani Qatari Telecommunications Company SAOG (“Ooredoo”) was founded and registered in the Sultanate of Oman in December 2004. It launched its service in March 2005 as the challenger mobile operator in Oman, originally operating under the name Nawras. The Company was awarded the second fixed licence in Oman in 2009, and launched its international gateway in April 2010, its corporate fixed and broadband services in May 2010, and its residential fixed and broadband services in June 2010. Since 2010, Ooredoo has been an integrated services telecommunications operator and is currently serving over 2 million customers across the Sultanate. Following a successful IPO on 1 November 2010, Ooredoo is listed on the Muscat Stock Market (MSM) under the “ORDS” ticker. Ooredoo is majority owned by Ooredoo Q.S.C. and also has a number of significant Omani shareholders which ensures that the company is strongly integrated into the Omani society. Ooredoo has won a number of awards including Jury’s Distinction Award for Customer Service Excellence in the telecom sector 2013, Leading Telecommunications Company at the Arab Achievement Awards 2013, Best Operator Network at the Telecoms World Middle East 2013 Awards, a number of awards for their outstanding campaigns at the Dubai Lynx Awards in February 2014 and the CommsMEA award for Middle East Mobile Operator of the Year 2015.
About Ooredoo Group
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 Southeast 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, Myanmar and Indonesia. The company was named “Most Innovative Company of the Year – MEA Region” at the 2015 International Business Awards.
The company reported revenues of USD 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.