The traditional industry leaders and fast growing younger companies walked away as winners in the annual AIWA Awards for Best Performing Companies, held on 10th September. This year marked the eighth edition of the annual AIWA Awards. Top five best performing companies, based on their performance on select seven financial parameters in the financial […]

Editor's Pick
Banking sector credit in Oman grows by 6 per cent till June 2018

The several regulatory amendments issued recently by the Central Bank of Oman (CBO) enabled more space for banks to extend credit for stimulating economic activities in the Sultanate. The combined balance sheet of conventional and Islamic banks and windows (other depository corporations) indicate that the total outstanding credit extended by other depository corporations (ODCs) increased […]

Luxury redefined

INFINITI QX80 is designed to allow customers to travel in luxury everywhere. Oommen John P test drives INFINITI’s powerful SUV   The QX80’s power gives you command of every turn. Exceptional capability, inspired design and a luxurious expanse converge for an experience that challenges the limits of your next journey. QX80 is massive. And it’s […]

Duqm Refinery launches Majlis series of community meetings

Duqm Refinery launched a series of community meetings (Majlis) under the auspices of Sheikh Mua’thad bin Mohammed Al Yaqoubi, governor of Al Wusta. This event was organised as part of the project managements’ strong belief that initiating positive interaction with the surrounding communities was one of the cornerstones for the success of the project. The […]

Omantel Investor Conference focuses on creating long-term shareholder value

Omantel hosted an investor conference recently with an objective to discuss company’s business prospects with Investor Communities. The Omantel Investor Conference, organised in cooperation with Gulf Baader Capital Markets (GBCM), was held at Kempinski Hotel, Al Mouj Muscat. Omantel’s chief executive highlighted in his presentation to the investors the company’s future strategy to create growth […]

OER’s September Issue: 100 Most Powerful CEOs in Oman

Shining stars OER’s annual listing of the 100 Most Powerful CEOs in Oman is out. The September issue features 100 of Oman’s  CEOs who have been shortlisted based on their ability to build companies and institutions, create winning teams and achieve consistent financial results. According to Mayank Singh, Group Editor & Director-Business Operations, “The success of these […]

World Heavy Oil Congress & Exhibition lays roadmap to energy mix of the future

More than 3,000 international industry professionals and experts are addressing challenges and discussing opportunities across the heavy oil value chain at the 2018 World Heavy Oil Congress & Exhibition (WHOC).  Held for the very first time in the Middle East at the Oman Convention & Exhibition Centre in Muscat, the event is one of the […]

Oman continued investments despite oil price drop

The Sultanate continued investments in the oil and gas sector despite the oil price drop since 2014, HE Dr. Mohammed bin Hamad Al Rumhy, Minister of Oil & Gas said at the opening of the 2018 edition of the World Heavy Oil Congress & Exhibition (WHOC) at the Oman Convention & Exhibition Centre on Monday. […]

GlassPoint, PDO launch SolaRISE technology centre

GlassPoint Solar, the leading supplier of solar energy to the oil and gas industry, has launched SolaRISE, a new technology center in partnership with Petroleum Development Oman (PDO). SolaRISE, standing for Solar Research, Innovation and Sustainability in Energy, is a joint initiative formed to develop and test next generation solar technologies in the oilfield environment. […]

Pursuing a collaborative framework

Abdulrahman Salim Al Hatmi, Group CEO, ASYAD talks about the Sultanate of Oman Logistics Strategy 2040 and its efforts in achieving the enshrined goals.  Mayank Singh reports What is ASYAD’s mandate and vision as Oman’s leading logistics group and what has been achieved in pursuance of these objectives? ASYAD has two primary mandates; the first is […]