Doha – Mubasher: Vodafone Qatar approved the company’s foreign investment threshold, excluding GCC nationals, at 49%, during the company’s ordinary and extraordinary general meetings on Monday.
A new board of directors was formed by electing three new members, Abdullah Nasser Al Misnad, Akbar Al Baker and Nasser Jarralla Saeed Al Marri, according to a bourse filing on Tuesday.
The telecom operator's losses decreased 0.3% in the first quarter of 2016, to QAR 99.6 million ($27.35 million) from QAR 99.9 million ($27.43 million) in the same period last year.
