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Imagine to Life

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Introduction to the report
Overview
Sustainability Outlook
Business Context and Strategy
Corporate Governance
Financial Statements
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Annual Report 2024

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Introduction to the report

Overview

Enabling Global Reach

Year in Review

Year in Review

Highlights

Awards and Accolades

About Omantel

About Omantel

Our Vision, Mission, and Values

Company Brand and Core Aspirations

Our Evolution

Products and Services

Omantel Portfolio

Investment Case

Chairman's Message

CEO's Message

Sustainability Outlook

Our Approach to Sustainable Growth

Aligning with the Oman Vision 2040

Business Context and Strategy

Operating Context

Global Telecom Trends

Key Industry Developments

Local Market Overview

Sector-specific Opportunities and Challenges

Charting the Evolution: Omantel's Strategic Outlook

Charting the Evolution: Omantel's Strategic Outlook

Evolution of Shift Gear

Key Drivers of 2024

Network and Infrastructure Investments

Submarine Cables and International Expansion

Expanding Cloud, Hyperscalers, and Digital Services

Omantel's Cultural Transition for a Tech-driven Future

Fueling Innovation: Empowering Startups

Our Portfolio: Driving Omantel's Evolution

Stepping into the Portal to the Future

Financial Position

Omantel Group - Consolidated Performance - 2024

Performance and Key Operational Highlights of Zain Group

Performance Highlights of Zain Group's Cross Border Portfolio

Performance of Omantel - Domestic Operations

Credit Rating

CAPEX Investments

Risk and Cybersecurity

Corporate Governance

Corporate Governance Overview

Board of Directors

Executive Management

The Committees Stemming from the Board of Directors

Financial Statements

Independent Auditor's Report

Consolidated Statement of Financial Position

Consolidated Statement of Profit or Loss

Consolidated Statement of Profit or Loss and Other Comprehensive Income

Consolidated Statement of Changes in Equity

Consolidated Statement of Cash Flows

Notes to the Consolidated Financial Statements

Cover

Annual Report 2024

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