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7 November 2002
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The ten biggest policy initiatives in Oman

Batinah Railway
The Batinah Railway project is amongst the prestigious infrastructure projects that is being planned in Oman and aims to alleviate traffic flows along the existing Batinah highway. The project envisages an arterial railway that will run within the same corridor through which the proposed Batinah Expressway is planned. The roughly 260-km long corridor, running parallel to the existing Batinah highway, starts from Halban Road near Naseem roundabout and travels north all the way to Khatmat Malaha on the border with the United Arab Emirates (UAE).

ePayment Gateway
In a move that is aimed at making Oman a full-fledged digital society, The e-eayment Gateway was launched. The Gateway will provide vital service, in allowing government departments and other parties to charge for, and receive payment for online services.

The Information Technology Authority (ITA) of Oman, is leading the ePayment Gateway initiative. The Gateway has also been developed to be a payment card industry standard (PCI) compliant, as also to meet international security and process requirements.

Human Rights Commission
In what is said to be a landmark decision, Oman established a Human Rights Commission. To be headquartered in Muscat, the commission will have its own constitution and “be independent in practicing its duties.” The newly-established ‘National Commission for Human Rights’ will be an autonomous body attached to the State Council, regarded as the upper chamber of Oman’s parliament.

Opening Up of The Telecom Sector
Liberalisation of the Telecom sector, has taken a huge leap forward, in the last few months. The Nawras Consortium was awarded the Integrated Fixed Public Telecommunications License, by The Telecommunications Regulatory Authority (TRA). The entry of a second fixed services operator is expected to contribute to rationality in tariffs, generate greater volumes, encourage many types of services, and enhance customer services.

Resellers of basic mobile services
In an effort to further liberalise the telecom sector, The Telecommunications Regulatory Authority (TRA) granted class II licences to five companies as resellers of basic mobile services in the Sultanate.

The licences would be for a period of five years, but extendable. The licensees can resell basic mobile services after buying airtime from operators at bulk rates in accordance with commercial agreements concluded with the operators. These services can then be re-branded and offered to subscribers at retail rates

Rent Cap
To provide respite against escalating rents, a new Royal decree was issued, to put a cap on rentals. The amendment to the law included a new clause that prohibits the landlord from increasing rent of residences, shops and industrial units or others for a period of three years from the date of beginning of the contract or from the last date of an increase stated in the contract. The percentage of increase after this period shall not exceed seven per cent, annually, over the value of the annual rent stated in the contract.

Sohar Aluminium
Sohar Aluminium is the first Greenfield aluminum smelter project in the region for over 25 years. The company began production in mid-June and expects to reach full production shortly. Sohar Aluminium has achieved several milestones, including the delivery of crucible of hot metal to a local downstream manufacturer of aluminium products and the export of 21 tonnes of standard ingots to Hong Kong.

Renewable Energy Resources Report
The Authority for Electricity Regulation (AER) released its final report on the feasibility of alternative energies: ‘Study on Renewable Energy Resources, Oman’. The research carried out by consultants COWI/SCO identifies sources of renewable energy in the Sultanate and the potential of these sources for electricity production. The report looks at the application of solar, wind, wave, biogas and geothermal energies concluding that there is significant scope for developing both solar and wind energies in Oman, and recommends a number of pilot projects to demonstrate the technical and economical performance of renewable energy plants in the country.

Dolphin Gas
Dolphin Energy began the supply of Dolphin Gas to Oman, which is expected to meet the ever increasing requirement of natural gas, especially needed for industrial consumption.

Dolphin Energy signed a Gas Sales Agreement with Oman Oil Company in September 2005, agreeing to supply the Sultanate with up to 200 million standard cubic feet a day of Dolphin Gas.

E-Tendering Gateway
As part of the eOman initiative, the Information Technology Authority (ITA) and Government Tender Board (GTB) are working closely to automate all tendering and procurement process in government that will be integrated with Ubar portal as one of the Quick win projects. E-Tendering will make it possible for government entities to prepare, float, evaluate and award tenders online. It will also provide contractors, suppliers and consultants the mechanism to purchase tenders, submit offers, register and renew registration with the Tender Board online.
 



The ten people who made a difference
 

HE Ahmed bin Abdulnabi Macki, Minister of National Economy and Deputy Chairman of the Financial Affairs & Energy Resources Council

Not a single major step is taken in this country without the approval of HE Ahmed bin Abdulnabi Macki, Minister of National Economy and who is well known for integrating Oman into the global arena.

In November, HE Macki led Omani delegation to the second International Conference on Development Financing in Doha. The meeting focused on promoting joint interests in developing a sustainable economy in the region. Earlier on, Macki has urged on raising GCC citizens’ awareness about the benefits of the Gulf common market and supported the proposal for a contingency plan for greater food security in GCC countries.

Another major step was taken towards attracting foreign capital when Macki signed an agreement with Vale of Brazil. The $1bn Brazilian venture will be set up in Sohar before the year-end which will produce 10mn tonnes of steel ore.

 

Dr Salem Sultan Al Ruzaiki, CEO, ITA

Dr Salem Sultan Al Ruzaiki, CEO, ITA is the pioneer of digital culture in Oman. ITA is currently developing the Government e-Services Portal to create a single window for obtaining public services electronically. It has launched the e-Payment Gateway of Oman to facilitate e-government and e-commerce. The objective is to implement an effective Internet-based payment infrastructure to support ITA’s e-Government initiatives. Apart from this, eOman activities create an effective link between the public and private sector for digital initiative, thereby helping build ICT capacity within segments of corporate sector and the people.

 

Dr Mohammed Al Wahaibi, CEO, Omantel

Under the able leadership of Dr Mohammed Al Wahaibi, Omantel has played the role of a catalyst in placing the Sultanate on the global map on par with advanced countries as far as the technological infrastructure is concerned. In 2008 he ably led the ongoing integration process between Omantel and Oman Mobile. Dr Wahaibi took great interest to enhance e-culture in Sultanate by introducing ‘Easy Learning,” the ADSL Internet service in all regions of the Sultanate, thereby contributing to the cause of Digital Oman. Omantel has also been awarded with a special contract from Ministry of Information to provide customised solution to support TV transmission requirements across the Sultanate.

 


Maqbool Hameed Al Saleh, Chairman, OHI Group

Maqbool Al Saleh, Chairman, OHI Group and a regional business leader in his own right, was selected amongst the 18 finalists for Ernst & Young’s Middle East Entrepreneur Of The Year award in 2008. The award encourages exceptional businesses in the Gulf region, recognising the contribution of people who inspire others with their vision, leadership and achievement.

 

HE Darwish Ismail Al Balushi, Secretary General of the Ministry of Finance

The credit for the fast-paced process of Omantel’s strategic partnership initiative goes to HE Darwish Ismail Al Balushi, Secretary General of the Ministry of Finance and Chairman of the Steering Committee, overseeing Omantel’s divestment. Eight telecom operators from Europe, Asia and the region have been short listed to participate in the next phase of the sale process of Omantel for acquiring a 25 per cent stake in Omantel.

Invitations for expressions of interest were announced in February this year and the ministry plans to complete the sale by the end of 2008.
 
 

HE Maqbool bin Ali Sultan, Minister of Commerce and Industry

HE Maqbool bin Ali Sultan, Minister of Commerce and Industry was hailed by stock brokers and market analysts for setting up a ‘market maker’ fund that has the potential to turn around a prolonged slump in the capital market and stabilise the market. This investment fund will be set up with a capital of RO 150mn with the government contributing 60 per cent of the capital and the pension funds and the private sector providing the rest. HE Maqbool also heads the Oman Branding Committee to promote Oman as a regional and international hub for investment, tourism, telecom, technology, trade and education.

 

HE Yahya bin Said Al Jabri, Executive President, CMA

The Dubai Financial Services Authority (DFSA) has entered into an MoU with Oman’s Capital Market Authority (CMA). The move was initiated by HE Yahya bin Said Al Jabri, executive president, CMA. The CMA and the DFSA are active members of the African and Middle Eastern Regional Committee of the International Organisation of Securities Commissions and both authorities acknowledge the importance of developing common international standards to address current global problems.

HE Al Jabri was also instrumental in formulating the new unified insurance policy as well as the Orange Insurance Card for motor vehicles.
 

 

Buthaina Hamoud Al-Yaqoobi, Athlete

Buthaina Hamoud Al-Yaqoobi became the first woman athlete to represent Oman in any Olympics, when she participated in the Beijing Olympics, earlier this year. Buthaina has participated in Arab Games, Islamic Games and the AGCC meet, where she has recorded her personal bests. Her best in 100m is 12.39 seconds, while her best in triple jump is 10.34 meters and 4.70m in long jump. Hailing from Al Hail, near Muscat, Buthaina took to the tracks only 18 months ago.

 

Ali Al Habsi, Football player

Al Habsi played was voted Arab Goalkeeper of the Year and Norwegian Goalkeeper of the Year in 2004. He had three seasons for Norwegian club Lyn Oslo and He finished his Lyn career with a third-place finish in the league – his goalkeeping abilities being one of the main reasons behind this good finish. He later moved to English Football Club, Bolton Wanderers. The 2007/08 season gave Al Habsi the first of his 16 league appearances.

 

HE Khalil Al Khonji, OCCI Chairman

As OCCI Chairman, HE Khalil bin Abdullah Al Khonji set in motion a number of projects, taking the Chamber to new heights, including modernisation of the chamber and providing the youths and qualified professionals with opportunities. To support the government efforts to nationalise jobs, he advocated a five-day week for the private sector.
 

 


The ten best automobile launches

Most impressive sports cars of 2008
This year saw some of the most groundbreaking releases in the world of automobiles. Couple these with some of the best releases from last year and we end up with one of the best selection of cars on sale ever. Of these, sports cars are easily the most coveted.

They are a symbol of power, performance, style and also, to a certain degree, the owners taste. So, this being a list of only the top ten sports cars, we were forced to follow a strict set of parameters. The first of these parameters was that only sports cars (coupes or cabrio’s), GT cars and supercars were to be included in the list (No! sports saloons don’t count, so no Jaguar XF SV8 and Audi RS6, although they are amazing cars in their own right). The next was that the cars had to be released or officially put on sale in 2008, unfortunately this saw a lot of great cars, such as the Audi R8 and the 911 GT3 RS, being dropped from this list. Lastly they had to either be an entirely new model or a significant improvement over the older version, whereby making the previous model all but redundant in comparison.

 

Lamborghini Reventon

Only 20 of these one million euro beauties will ever see the light of day and all have been spoken for. With its exterior and interior design based on a US fighter plane, specifically the F22 Raptor, it is easily the best looking and definitely the wildest Lambo ever made and that in itself earns it a place on this list.
 

 

Porsche 911 GT2
 

Take the already fast 911 Turbo, up the power to 523hp and torque to 680Nm, then remove the safety of a four wheel drive system and you end up with oodles of rear wheel theatrics and utter madness in the form of the Porsche 911 GT2. It is the maddest and most powerful of all 911s and is easily capable of hitting 100kmph in 3.7sec and onto a top speed of 329kmph! Fans lovingly call it ‘the widow maker’ for a reason.
 

 

Nissan GTR
 

It is absolutely pointless to explain the sheer awesomeness of the Nissan GTR so we will let the specs speak for themselves – 3.8L V6 twin turbo, 480hp@6400rpm, 430lb-ft, 0-96kmph in 3.2sec, standing quarter mile of 11.5sec@200kmph and a time of 7min 29sec at the Nurburgring circuit which is actually faster than a Porsche 911 Turbo’s and the Corvette ZO6’s time!

 


Koenigsegg CCXR Edition

The CCXR Edition was launched at the 2008 Geneva Motor Show. It is much more track oriented than the standard car and thus featured stiffer springs, anti-roll bars, reset dampers and a lowered chassis. It also features a fully visible carbon body, large adjustable rear wing and unique forged wheels. Inside it features all the regular luxuries and a few Edition only extras. But the star of the show is the engine. It is a 4.8-litre twin-supercharged V8 that produces a mind-numbing 1,018hp and to top it all it runs on eco-friendly E85 Biofuel!

 

Bugatti Veyron Grand Sport

Forget the standard Veyron or for that matter any of the special editions we have seen so far. This is the ultimate Veyron – the Bugatti Veyron Grand Sport. It may feature the same engine and the same interior and features but it now has a targa top which, with a top speed of 360kmph with it off, makes it, along with the Koenigsegg CCXR, one of the fastest convertible in the world. With the roof in place the Veyron can still hit its original top speed of 407kmph.
 
 

Ferrari F430 Scuderia

The F430 Scuderia was launched as a successor of the Challenge Stradale and aims squarely at the Porsche RS-models and the Lamborghini Gallardo Superleggera. It is lighter than the regular F430 by nearly 100kgs and is more powerful. Its engine is now rated at 508hp at a dizzying 8500rpm and generates 470Nm of torque, enough to propel the lightweight Ferrari to 96kmph in a breathtaking 3.1sec and onto a top speed of 320kmph!
 

 

Lamborghini LP560-4

This is the successor and the latest version of the Gallardo. But apart from the basic outline the car has been completely been redesigned from ground up. It features an all new 5.2 litre engine based heavily on Audi’s RS6 V10 and produces 560hp and 540Nm of torque. The transmission and the permanent four-wheel-drive, the reason for the 4 at the end of the name, has also been completely revised making it the fastest Gallardo yet.
 

 

BMW M3

This is the fourth generation of BMW’s M3 series. The vehicle features an all new high revving 4-litre V8 that is derived from the 5-litre V10 unit used in the M5. Despite the larger size the new engine is 15kg less than the previous inline-six and is capable of revving up to a dizzying 8300rpm. With an output of 414hp (SAE nett) and 400Nm of torque the M3 is capable of hitting 60mph (96kmph)in a mere 4.5sec and onto a limited top speed of 249kmph. But in delimited form it is easily capable of hitting a stunning 308kmph!
 

 

Ford Shelby GT500KR

In 1968, Ford offered a special edition of the Shelby Mustang, called the GT500KR, which stood for King of the Road, and had the 428c.i. Cobra Jet engine introduced the same year. The King is now back and he is better than ever. Now equipped with a 5.4-litre supercharged V8, producing 540hp and 510lb-ft of torque, the KR is capable of hitting the 96kmph barrier in just 4.3sec. Better yet it looks like a million dollars but costs only $80,000 and it goes like stink.
 

 

Rolls Royce Phantom Coupe

When it comes to sheer road presence very few manufacturers can match Rolls Royce. The Phantom Coupe is the latest handmade coupe to come from the Rolls Royce stable and debut at this year’s Geneva International Motor Show and has a styling that heavily derived from last year’s Drophead coupe. Powered by a massive 6.75-litre V12, producing 453hp and 531lb-ft, the two-and-a-half ton behemoth can hit a 100kmph in a mere 5.6 seconds!
 

 


Disclaimer: All stats and specifications mentioned are international figures and may not pertain to the Omani market.
For more detailed specifications and local prices please contact the respective dealers.
 



The ten best gadgets of 2008

The most technologically impressive gadgets of 2008
This year we have seen a fine share of impressive tech and some have caught on where as others have not. The release of Microsoft PhotoSynth and the new Atom processor from intel showed us just how far we have advanced in the world of computers. The same can be said in the audio and visual world with Sony’s OLED displays setting the stage for all future televisions. This year also saw the demise of the HD DVD format and its rival, Sony’s Blu-ray disk, taking its place as the dominant format for high definition video. As far as gadgets go we also had our fine share to play around with but everyone cannot be a winner, so we have gathered ten of the most technologically impressive gadgets we have seen this year.
 

Casio Exilim EX-F1

Just the sheer amount of tech crammed into this camera earns it a place on this list. To give you an idea of what we mean, here are some of the features – Slow-mo video shooting at 300, 600 and 1200 frames per second, Fast-slow-fast shooting from 30fps to 300 and back to 30, High-speed 6-megapixel shots at 60fps, Strobe shooting of stills at 7 frames per second with standard flash; 60fps with LED flash, Full-resolution still shooting while capturing HD video, Fly-in and fly-out auto modes, which capture still shots at 60fps when the subject enter or exit the frame. What more could you ask for!

 

Bug Labs Hardware

If you have the urge to build your very own gadgets, Bug Labs and their open source hardware might make this as easy as stacking lego bricks. There are multiple modules each with its own purpose which can be joined together to create your own custom creations.

 

Zink Pocket Printer

This is the future of printers and a heck of a convenient one at that. Feast your eyes on the world’s first pocket printer. It is a stand-alone printer that’s about the size of a deck of cards and is a one-button printer designed to easily connect to a camera phone and should cost less than a hundred US Dollars!

 


Livescribe Pulse Digital Pen/Recorder

Livescribe Pulse Digital Smartpen records your notes two ways: it creates digital copies of everything you write by hand while recording audio at the same time. It also goes one step further and links the two together, so you can quickly access audio by tapping parts of your notes. All of this is uploaded to your computer where the Livescribe software archives and makes your notes fully searchable. In addition, it offers features like a calculator, translator, and a paper piano that plays a mini piano you draw on paper.
 

 

Amazon Kindle

The Amazon Kindle is an e-book reader that relies on an easy-to-read E-ink display that requires no backlight. It can handle thousands of pages between charges mainly because it really uses any power only when loading a new page. But even this is not its key innovation. That privilege goes to the inclusion of the high-speed EVDO antenna that will allow users to download books quickly from practically anywhere.
 

Nikon D90

Nikon’s D90 is the first-ever DSLR with HD video recording, but maybe more importantly for actual photographers, Nikon is promising much of the same low-noise performance of their higher end DSLRs. In addition they have introduced the addition of the D-Movie mode, allowing consumers to create their own HD movie clips (1280 x 720) with sound from their D-SLR camera. Photographers will appreciate the cinematic qualities that come from the 24fps frame rate. D-Movie clips also benefit from Nikon VR image stabilisation, which is automatically activated during recording to aid the low-light capability that trumps many other hybrid devices. Users can record movie clips onto an inserted SD / SDHC card, created as Motion JPEG AVI files that are easily edited with widely available video editing software. The D90 also features an HDMI terminal, allowing viewing of both pictures and movies on High Definition televisions.
 

 

Pacemaker’s Pocket-Sized DJ kit

This is for all you DJ’s out there – it’s your very own pocket DJ kit! The Pacemaker has a 120GB hard drive, USB 2.0 support, a touchpad and various other DJ essentials including loop-in, loop-out, re-loop, cue point search and many more. As for support, you can play back MP3, WAV, AAC, WMA, and FLAC.

 

Around View Monitor

Where most parking systems show only the rear view, this system, with the use of four strategically placed ultra-wide-angle cameras, synthesises images into a bird’s-eye view of the car on the navigation screen. While not truly your everyday gadget, it is still an impressive piece of tech and deserves a mention in this list, especially since it is a first implication of its kind in the world of automobiles. Unfortunately it is, at present, a privilege that can be enjoyed only on some Infiniti models such as the new EX35.

 

Eye-Fi

The Eye-Fi is a SD memory card that adds Wi-Fi to any camera. Plus the free Eye-Fi service supports automatic uploads to 20 different web photo sites (like Flickr) as well as a computer on your home network. All you have to do is to programme it through your computer using the bundled card reader then inset it into your camera and you are ready to go.

 

Ugobe’s Pleo

Ugobe’s Pleo is the latest ‘electronic pet’ to hit the consumer market. At $350, Pleo is more expensive than a Furby but cheaper than an AIBO. Its endo skeleton has embedded motors in its legs, tail and neck that give it realistic movements. The bottoms of its feet have pressure sensors to detect when it’s on the ground or in the air. It also has two mics that serve as ears, two speakers, light sensors in its nose and mouth, and touch sensors placed all over its body. It also has an SD card slot and a mini-USB port for future functionality upgrades. These motors, sensors and ports combine to make Pleo pleasantly interactive.

 


The ten best sellers in Oman

Basking in past glory
A house without books is like a room without windows, said Heinrich Mann, a German novelist. That residents of Oman have a love for reading is obvious from the books that make the rounds in social circles. In this land of stunning mountains, sparkling seas and tranquility, books are the best antidote for monotony. And availability of books is no issue with so many book shops around. Virtually every subject under the sun was covered by books that were on display in Muscat International Book Fair held recently. The only thing wanted is opening our minds towards a more contemporary world through contemporary books.

 

 




 



Top^

 




December - 2008

Cover Story
In The Fast Lane
An OER-United Securities survey of the Fastest Growing Large Cap Companies in the Sultanate of Oman
Nimble and Agile
The list of the Fastest Growing Mid Cap Companies in the Sultanate of Oman throws up quite a few surprises
Other Headlines
New phase in fixed lines
The awarding of the second fixed line licence to Nawras signals the end of monopoly in the telecom sector, writes Visvas Paul D Karra
The Perfectionist
Dr Andy Wood, Shell Country Chairman has struck a perfect balance between the call of duty and his personal life writes Mayank Singh
A Stellar Platform
Ali Rashid Al-Jarwan, General Manager - Abu Dhabi Marine Operating Company (ADMA-OPCO) and Chairman of the recently held Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) 2008 speaks to Jessica Brookes of OER on the sidelines of the conference in Abu Dhabi
IN DEPTH
The Best 10 of 2008
OER draws up a list of the best policy initiatives, newsmakers, automobiles, gadgets, and books this year
NEW BEGINNING
Luxury cars are not something we would normally associate with Korean cars, but Hyundai was looking to change that image. MALCOLM XAVIER CRASTA WRITES
eCASH
The ePayment Gateway promises to revolutionise the way we do transactions. All that we may need is a bank card and a secure Internet connection to buy and sell and pay our phone bills, writes Visvas Paul D Karra
IF YOU HAVE IT, FLAUNT IT
Samsonite’s positioning as a luxury lifestyle brand has helped it graduate from being a commodity to an aspiration. Mayank Singh reports
Scaling-Up
Despite being a late entrant in the Middle East market, the Malaysian auto major Proton has chalked out an aggressive plan to penetrate the regional market. Akshay Bhatnagar reports from Malaysia
CREATIVE THINKING
The third Infiniti Power Talk delivered by Mind Mapping Guru – Tony Buzan empowered Oman’s powerful business leaders with effective inputs on creative thinking and leadership
An Enviable Track Record
Majan Consolidated has grown from from strength to strength, thanks to a penchant for quality products and uncompromising service standards
Football fever in the air
Sports’ marketing takes off in a big way as companies make a beeline to associate themselves with football before the forthcoming Gulf Cup. Mayank Singh reports
AN ACE PLAYER
Domain knowledge, patience and reinvesting in the business have helped Muscat Sports to become a leading company in sports merchandising company. Mayank Singh reports
OBAMA AND THE CURRENCY MARKETS
Barack Obama’s constituencies in the US trade unions and Detroit automakers may lead to a more hawkish rhetoric against China endangering the export potential of the Middle Kingdom
Banking on the Future
Oman’s banking sector seems poised to go through the global financial meltdown without much of an impact, though it may lose some steam in the short-to-medium term
FDI flow and economic reforms
Saudi Arabia has become the highest recipient of foreign direct investments in the region, thanks to its economic reforms and liberalisation policies
Ducab Enhances its backward integration
Late Sheikh Rashid bin Saeed Al Maktoum founded Ducab in 1979 as a joint venture between the Government of Dubai and the BICC group
Against all odds
Dr Nasser Zaher Nasser Al Mauly, CEO, A’Saffa Poultry Farms, stuns you with his never-say-die attitude both professionally and personally. He believes in and has immersed himself in the maxim ‘living life to the fullest’
What is the best way to survive an economic slowdown?
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