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Courage of Conviction
Her Highness Sayyida Aliya bint Thuwaini Al Said, Director, The Chedi Hotel,
and Patron of the Al Noor Association for the Blind, in a chat with Akshay
Bhatnagar talks about how women are coming up in business in Oman
What
is the state of women in business in Oman?
Women in Oman have come a long way. Earlier, due to lack of education and
opportunities, women were not playing a significant role in the economic
development of the Sultanate. Today, women are focusing on getting a proper
education and thus better prepared to decide and plan their careers. The mindset
of families is also changing, as they are giving equal importance to education
and career development of their womenfolk. No wonder, today Oman has four female
ministers, who are doing an excellent work.
On the business front, we have shining examples such as Hind Bahwan, Lujaina
Darwish and Areej Zawawi, all of whom have proved that women can not only match
but also outperform men in business management. Likewise there are many Omani
women who are successfully running their own medium and small enterprises. The
need of the hour is to bring in more women, not just in the cities but in the
interiors also, to optimally harness the power of women in the development of
Oman.
What steps should be taken by the government and the corporate sector to
harness woman power?
The government has done an excellent job in creating the environment that
facilitates equal opportunities for women and men. The Sanad programme is a good
initiative to encourage and promote entrepreneurship among the Omanis. Many
women have benefited from this programme. It helps in not only providing the
seed money to kickstart a business but also impart the necessary skills,
training and guidance to become a successful businesswoman. The private sector
is already encouraging women at all levels. You go to sunrise sectors, such as
telecommunications, tourism, retail, banking, etc., and the chances are that you
may find many women occupying the top slots.
How is the Women in Business Conference ’07 expected to promote Omani women
in business?
Women in Business Conference ’07 is the first event of its kind in the
Sultanate that brings on a common platform successful women from Oman and the
international arena. The role models will share their experience with other
women who aspire to become successful in business or career. It will provide an
excellent opportunity for women to gain from sharing their knowledge and
business vision. The event will inspire many women to come forward and give
shape to their dreams.
How has been your experience as a businesswoman?
I’ve always challenged myself to do things that have been traditionally
restricted to men. I’ve been involved in charity related activities for quite
some time. And I wanted to apply my management skills, honed in charity work, in
a different kind of business. More than three years ago, I joined as a director
on the board of The Chedi Hotel. As I was quite raw in hotel business, in the
first year, I focused on building knowledge on the industry and related business
affairs by observing others, reading reference books, surfing internet and
talking to industry experts. From the second year onwards, I started making a
more meaningful contribution to the business by actively participating in the
decision-making process.
Do you aspire to build your own business from scratch?
Absolutely! Though there is no end to the learning process, but today I feel
confident that I can conceptualise, plan and run my own business. In fact, I
have just finalised the feasibility aspect of developing land near The Chedi
Hotel.
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June -
2007 |
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Cover Story |
MSM hots up
Omani companies are lining up to raise RO400 million from the securities
market in the coming months. With the MSM index crossing the 6k mark in May, the
market in Oman is unlikely to be the same again. P Aneel Kumar finds out what
makes the MSM attractive for companies as well as investors, and looks at the
companies planning to come up with fresh offerings |
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Other Headlines |
‘500 properties sold at The Wave’
Nick
Smith, CEO, The Wave, gives an update on the progress made by the US$2 billion
beachfront tourism and residential project in a chat with Akshay Bhatnagar |
Kempinski set for 2010
The
Wave has tied-up with 110-year old German hotel chain, Kempinski, to
manage a five-star property, to be built at an estimated cost of
US$100-120 million. Ulrich Eckhardt, Senior VP – Middle East &
Africa, Kempinski Hotels, talks to OER about the company’s foray in Oman
and its global operations |
Global scale, Local
expertise
The coming together of the wired and wireless carrier infrastructure
powerhouses, Nokia and Siemens, to form Nokia Siemens Networks has shaken up the
global networking market. Akshay Bhatnagar finds out more about the new entity
and its impact on the Omani market |
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The ONIC Chronicle
The vision of two men may spark off a transformation in the currently dull
Oman mutual fund scenario. ONIC Holding is scripting a new path in alliance with
a Canadian investment management company to usher in the world to Oman
investors. Ramesh Kumar chronicles the path-breaking venture by tracking the
promoters |
Women Power
Women in Business Conference ’07 taking place in Muscat on June 2-3 will be a
unique platform for the congregation of successful businesswomen and female
corporate executives |
Courage of Conviction
Her Highness Sayyida Aliya bint Thuwaini Al Said, Director, The
Chedi Hotel, and Patron of the Al Noor Association for the Blind, in
a chat with Akshay Bhatnagar talks about how women are coming up in
business in Oman |
When The Perfect Balance
The new Touareg is something that will be with you all the way, from the
narrow corners of the city to the rugged open spaces of the interiors |
Driving Ahead
The tyre, lubricant and batteries
sector in Oman is going through a healthy growth curve over the last
couple of years |
Turbulent times
Gulf Air is bound for major restructuring. Dr Jasim Husain Ali analyses the
issues before the carrier |
Paradox of Lebanese banking
Lebanese bank credit ratings are today a derivative of the Republic of
Lebanon’s own sovereign credit risk ratings, writes Matein Khalid |
The Peggy-Karl Saga
When good ideas are backed by finance, success, they say, is round the
corner. The corner in question is very much in Oman, at the Salalah Free Zone.
OER quizzes the investor-promoters |
A peoples’ person
Bespectacled and unassuming, Aditya
Mathur’s calm countenance belies the fact that he is mentally crisscrossing the
skies all the time. As Country Manager, Indian Airlines in Oman, he carries the
responsibility of making sure that everything flies smoothly. Sarada
Vishnubhatla meets him over a cup of green tea |
Building for the future
Tourism in the Middle East is set to conquer new heights, with targeted
investments building new attractions and promoting new destinations, says Jason
J. Nash |
Highest Quality Standards
OER reviews what makes Omani crude oil so competitive in the international
market |
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How Gulf companies can build
global businesses
As Gulf companies expand into other cultures and compete to hire top global
talent, they will need to find a balance between their own established cultural
values and the expectations of the global corporate environment, write Saleh
Al-Ateeqi and Hans-Martin Stockmeier |
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Bridging the skills gap
During recent years we have heard
the expression, ‘recruit for attitude and train for skills.’ Yet, most
organisations do not take this approach. Paul Bridle, a leadership
methodologist, delves into the burning issues of skill shortages, recruitment
and retention |
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Rapping to a new tune
From being a techie to a marketing honcho, Nawras COO Khalid Al Mahmoud has
done it all, and yet believes there’s more, reports Sunil Kumar Singh |
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Regulars |
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