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Ooredoo Signs MoU with Al Raffd Fund

by david.nunes

Ooredoo Signs MoU with Al Raffd Fund to Enhance the Efficiency of 621 Sanad Service Centres across Oman


Muscat, Oman

Reflecting its commitment to support the growth and development of Small and Medium Enterprises (SMEs) in Oman, Ooredoo signed a Memorandum of Understanding (MoU) with Al Raffd Fund for internet services for the Fund’s 621 Sanad Service Centres across Oman. Under the agreement, the packages will offer the Centres greater connection speeds and a cost-effective range of business services, among other benefits.

Greg Young, CEO of Ooredoo, said “SMEs make up almost 90% of Oman’s burgeoning business sector, making it vital that we provide them with the products, services, and support they need to continue to thrive and support the nation’s development. With that in mind, we developed two special packages to help the Sanad Service Centres increase their productivity, efficiency, and effectiveness as they continue supporting Al Raffd Fund and other SMEs throughout Oman.”

Established in 2013 on the order from His Majesty Sultan Qaboos bin Said, the Al Raffd Fund aims to empower Omani youth with the means to establish their own projects. To date, the initiative has 1,662 listed SMEs which have in turn created over 3,000 jobs for Omanis.

Tariq Al Farsi, CEO of Al Raffd said, “Ooredoo’s high-value business products and services are perfectly suited to providing our Centers with the technical capabilities they need to continue operating at the highest performance levels. Agreements like these are important for SMEs in Oman to receive the support they need and through them, the sector will continue leading the way in Oman’s economic development.”

Ooredoo Internet Professional (OIP) service offers customers highly reliable, fast and secure bandwidths ranging from 1 Mbps to 30 Mbps to meet the needs of businesses in the Sultanate. The service also provides customers with a dedicated account manager, choice of limited or unlimited data use, as well as a direct connection with service management and a dedicated after sales support team. Additionally, business customers who choose OIP can also opt to receive a permanent IP address that will ensure lower downtime and remote access from anywhere in the world. For more information on Ooredoo’s business products and services visit any of the 40 Ooredoo stores located across the Sultanate or go to: www.ooredoo.om/Business.


About Ooredoo


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.


Twitter: @OoredooOman 

Facebook: www.facebook.com/OoredooOman 

Instagram: @OoredooOman

YouTube: www.youtube.com/OoredooOman

Snapchat: Ooredoo_Oman



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 US$ 9.1 billion in 2014 and had a consolidated global customer base of 114.9 million customers as of 30 September 2015. Ooredoo’s shares are listed on the Qatar Stock Exchange and the Abu Dhabi Securities Exchange.


Twitter: @Ooredoo                                              

Facebook: facebook.com/ooredoogroup

LinkedIn: http://www.linkedin.com/company/ooredoo

YouTube: www.youtube.com/ooredoogroup

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