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Ooredoo gets nod for 50pct cash dividend distribution

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Qatar: The QE 20 Index closed 0.89% lower to 8,500.96 points. After Ooredoo held its annual meeting and extraordinary shareholder meeting on Sunday, atar's first telecom provider dived 3.60% to QR109.90. Shareholders gave green light to the board's recommendation to distribute a 50% cash dividend of share face value for the year 2012. [AMEInfo.com]

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