Posted on June 21, 2011

In its annual EMEA Finance's Achievement Awards, the international financial magazine EMEA Finance has recognised Qtel as the “Best Corporate Borrower in the EMEA region (Europe, Middle East and Africa)”.

Qtel was one of the main winners at EMEA Finance’s Annual Achievement Awards Charity Dinner held in London on 16 June.

Dr. Nasser Marafih, CEO of the Qtel group, commented: “This award is an important recognition of the global banking community's belief in our long-term financial strategy, which provides the foundation for Qtel to achieve our 2020 vision. Our finance strategy and our Finance team have been selected as one of the best in its class in providing sustainable support for ambitious Qtel growth plans in the short, medium and long-term.”

Qtel group member Nawras (Omani Qatari Telecommunications Company SAOG) was presented with the award for “Best IPO (Initial Public Offering) in the Middle East”. Nawras was successfully listed on the Muscat Securities Market in Q4 2010.

EMEA Finance is an international financial magazine offering an insight into the economic processes of European, Middle Eastern and African countries. The periodical’s compiled information, conducted studies and experts’ reports is a significant source of information for professionals actively operating in these regions or wishing to start business activities there.