Woqod’s board of directors yesterday discussed the estimated budget for 2017, which includes capital expenditure and operating expenditure and approved it.
Expenditure on capital projects has been estimated at QR605mn for the financial year of 2017, the company said in a statement yesterday.
The board, chaired by its chairman Sheikh Saoud bin Abdulrahman al-Thani, held its sixth ordinary meeting yesterday. Woqod CEO Ibrahim Jaham al-Kuwari said the board discussed the estimated budget for 2017 and approved it. Other issues related to “Delegation of Authority Manual” and “Risk Register and Mitigation” were discussed and directives were issued in this regard, he said.
Next year, Woqod will focus on accelerating the process of commissioning new petrol stations as well as introducing new products and services, which contribute to additional income sources for the company, it said.
Next year, Woqod will focus on accelerating the process of commissioning new petrol stations as well as introducing new products and services
