Omantel net profit rises 20 per cent to RO77.7 million, Al Murshidi elected as Chairman

Omantel net profit rises 20 per cent to RO77.7 million, Al Murshidi elected as Chairman

As per the instructions, public joint stock companies were asked to hold their annual general assemblies remotely as per the guidelines set by CMA.. The extraordinary general assembly of the company, which was held on May 10, 2020, was chaired by His Excellency Abdul Salam Al Murshidi, Chairman of the Board of Directors in the presence of board members, external auditors of the company, the legal advisor, the observer of the Capital Market Authority and the Shareholders.. According to the new amendments, all members of the Board of Directors are elected by the general assembly of the company.. The ordinary general assembly also approved the company's financial results for 2019 and approved the amount allocated for the community support for 2020.. The general assembly also elected by secret ballot 9 members (from the shareholders and others) for the new term namely HE Abdul Salam Al Murshidi, Saud Al Nahari, Khaled Al Khalili, Ayman Al Hosni, Sayyid Zaki Al Busaidi, Matar Al Mamari, Mulham Al-Jarf, Atef Al Siyabi, and Muslim Al-Barami.. Omantel Group total revenues (including Zain Group's operations) grew by 18.6% reaching RO 2592 million compared to RO 2186 million last year.. The net profit (after non-controlling interests)