• The General Assembly approves the financial results for 2025 with a 93 % attendance rate.
• Consolidated earnings per share amounted to 154 fils.
• Sheikh Nasser bin Hamad bin Nasser Al Thani: "Growth of 56% confirms our long-term commitment to our shareholders."
• Abdulaziz Yaqoub Al-Babtain: "We are leading the technology and communications sector with strategic partnerships that support Kuwait Vision 2035."

The National Mobile Telecommunications Company K.S.C.P. (Ooredoo) held its Ordinary and Extraordinary General Assembly Meeting for the financial year ended December 31, 2025, last Wednesday, March 4, 2026, at its headquarters, with an attendance rate of 93% of the total shareholders.

The meeting was chaired by Board Member Dr. Yousef Al-Salili, representing the Chairman of the Board of Directors of Ooredoo Kuwait, Sheikh Nasser bin Hamad bin Nasser Al Thani, and by the Head of Human Resources and Administrative Affairs, Omar Al-Bassam, representing the CEO of Ooredoo Kuwait, Abdulaziz Yaqoub Al-Babtain. During the meeting, the General Assembly approved the Board of Directors' recommendation to distribute cash dividends of 150% of the nominal value of the share, equivalent to 150 fils per share, after deducting treasury shares. This is the highest dividend in the company's history. Shareholders registered in the company's records at the close of business on the entitlement date of March 24, 2026, are entitled to these dividends.

The assembly also approved the appointment of KPMG Al-Qanaei & Partners as the company’s auditor for the financial year 2026, with the board of directors being authorized to determine its fees.

Strong financial performance and sustainable growth

The company recorded outstanding financial results during 2025, supported by the strong performance of its operations in Kuwait, Algeria, Tunisia and the Maldives.

• Consolidated revenues increased by 9% to reach 774 million Kuwaiti dinars, compared to 711 million dinars in 2024.
• The consolidated customer base grew by 3% to 27.4 million customers, compared to 26.6 million customers in the previous year.
• Earnings before interest, taxes, depreciation and amortization rose by 20% to reach 313 million dinars, compared to 262 million dinars in 2024, with a strong margin of 40%.
• Excluding the effect of creating a one-time provision for doubtful debts during 2025 and 2024, the adjusted growth in this item was 16% on an annual basis.
• The company’s net profit attributable to it increased by 56% to reach 77 million dinars, compared to 49 million dinars in 2024.
• Excluding the impact of the exceptional provision, the adjusted growth in net profit was 33% year-on-year, reflecting the quality of operational performance.
• Earnings per share reached 154 fils, compared to 99 fils in the previous year.

Sustained business momentum

In his speech, Sheikh Nasser bin Hamad bin Nasser Al Thani, Chairman of the Board, affirmed that the 2025 results reflect a strong and disciplined performance, supported by sustained business momentum in key markets.

He said: “Our consolidated revenues increased by 9%, and we recorded strong growth in EBITDA of 20%, while net profit rose by 56% to reach KD 77 million. These results confirm our firm commitment to achieving sustainable growth and maximizing the long-term value of our shareholders’ investment.”

He added that the strong performance was a result of continuous improvements in customer experience and network leadership in Kuwait, along with the continued upward growth trajectory thanks to operational efficiency and targeted investments in infrastructure.

He noted that the Board of Directors’ recommendation to distribute 150 fils per share is in line with the company’s capital management policy and its focus on achieving sustainable returns for shareholders.

He expressed confidence in the company's ability to maintain its positive momentum throughout 2026, given its strong position in the telecommunications sector.

Positive financial results

For his part, the CEO of Ooredoo Kuwait, Abdulaziz Yaqoub Al-Babtain, affirmed that the results for 2025 represent a pivotal milestone in the company’s journey, reflecting strong performance and sustainable growth that enhances its leading position in the market.

He said: “I am pleased to announce our positive financial results for 2025, which reflect strong performance and sustainable growth that confirms the solidity of our strategy and the clarity of our vision. It has been a pivotal year in Ooredoo’s journey, in which we translated our plans into tangible achievements that strengthened our position in the local market and consolidated our digital leadership in the region.”

We started the year by launching the advanced fifth-generation (5G-A) technology, a qualitative step that raised the network's efficiency and speeds to unprecedented levels, and we concluded it by announcing the readiness of the first data center supported by artificial intelligence technologies in the State of Kuwait in cooperation with NVIDIA, to be the cornerstone of a sovereign and secure artificial intelligence system that supports the national digital economy.

Our achievements were not limited to technological development alone, but were crowned by winning the Telecommunications Company of the Year award for the second year in a row at the Asian Telecom Awards, in addition to a number of specialized awards in the fields of artificial intelligence, network development and digital innovation, reflecting our firm commitment to providing the best experience for our customers.

We also witnessed strong growth in the consumer and business sectors, supported by the outstanding performance of various telecommunications services, in a clear embodiment of an accelerated growth strategy based on maximizing value and enhancing returns.

We continued to expand our strategic partnerships with the public and private sectors, moving beyond the traditional communications concept towards an integrated digital solutions system that includes the Internet of Things, cloud services, and advanced digital applications, in line with the goals of Kuwait Vision 2035 and contributing to accelerating the country’s digital transformation.

The exceptional financial results and profits we have achieved, along with the Board of Directors’ recommendation to distribute dividends of 150% of the nominal value of the share, confirm the strength of our financial position and our ability to deliver sustainable value to our shareholders.

At Ooredoo, we consider human capital our greatest investment; our employees are the driving force behind every achievement, and by empowering them and developing their capabilities, we ensure the sustainability of our success and the continuation of our excellence.

We enter 2026 with high confidence and greater ambition, based on solid financial foundations and a clear determination to continue innovating and strengthening our position as a leading digital partner driving Kuwait's digital future.

-I finish-

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