Zain hands-over phase I of ‘Dar Al Zain’

Zain Property Development handed over the keys to customers of the Phase I of ‘Dar al Zain’; their debut development project. The ambitious Seeb based development is Muscat’s first ‘affordable’ development, with 160 plus units, covering an area of over 62,000 sq mts. The project is aimed solely at middle-income families seeking luxurious community living. Phase I, consists of 36 high-quality five-bedroom twin villas. Mish’al Moosa, managing director of Zain Property Development said, “I am delighted to hand-over the keys to these homes on time, as promised to our Phase I customers. In a market where every other GCC project is invariably running behind deadline, we have delivered as per schedule. Zain Property Development is a family business, and as a result keeping my word, and maintaining an immaculate reputation as a reliable and responsible developer has been of paramount importance to us.”

 
NBO sponsors symposium supporting ‘Youth Projects’

National Bank of Oman (NBO) recently sponsored a symposium on ‘Youth Projects’ organised by the Oman Chamber of Commerce and Industry, Nizwa Branch. The symposium was held under the auspices of Sheikh Salah bin Hilal bin Nassir al Ma’awali, director general of Small and Medium Enterprises (SMEs), at the Ministry of Commerce and Industry. The event was well attended by a number of businessmen, university students, youth projects’ support funds and representatives of government institutions concerned with SMEs. Adil al Saleh, NBO’s senior relationship manager SME - corporate banking, made a presentation on possible credit facilities that could be granted to SMEs. He also explained to SME entrepreneurs on how to approach banks to get the required credit facilities, what type of banks to look for during the evaluation process, and how to build up mutual beneficial relationship with these banks.

 
Panasonic introduces HD 3D technology

Panasonic and Omasco have launched the 2010 line of VIERA Plasma high definition televisions, including Full HD 3D TV’s featuring a screen size of 50 inch and VIERA series of flat-panel plasma and LCD TV’s. Plasma technology offers a number of important advantages with respect to 3D, such as cross-talk reduction, crisp and clear high quality moving pictures, enhanced luminance efficiency and improved picture quality even when viewing 2D content. “Panasonic the industry and technology leader in high definition TV’s is targeting a marketshare of 50 per cent for large screen 3D TV’s by 2012 and 25 per cent marketshare for over 37 inch TV’s in the Middle East region,” said Abby Thomas, senior product manager, Panasonic Marketing Middle East.

 
College of Banking and Financial Studies sponsor’s GHEDEX

The College of Banking and Financial Studies (CBFS) was the Platinum sponsor at GHEDEX 2009, a major academic event in Oman. CBFS, a government organisation provides need-based programmes, catering to the development of knowledge and skills in the field of business, IT, banking and financial services in the country. The three-day exhibition saw many aspiring students attracted to CBFS, for its graduate, post graduate and professional programmes. The institution has an affiliation with reputed universities such as Strathclyde University, Bradford University, the Arab Academy of Banking and Financial Studies, Edexcel, CAT, AICB, ACCA, among others. In training and short-courses, the institution is affiliated to Queen’s School of Business in Canada and Target SIM from Zurich.

 
Khimji Mart’s Yalla Koora evokes a good response

Khimji’s Mart conducted a special world cup SMS campaign “Yalla Koora”, which concluded with the World Cup 2010 finals. The campaign was conducted in association with Times of Oman and Al Shabiba. With prizes worth up to RO25,000, one winning entry for every match got a gift hamper worth RO300 from Khimji’s Mart, LG, Damas and Times of Oman/Al Shabiba. 63 selected winners from the predict & win SMS contest watched World Cup 2010 Final live at Crowne Plaza. One lucky winner Khalfan Amur Khalfan Abrawi from Ibri drove back home a new Nissan Tiida 1.8 L. Madhu Nambiar, general manager, CPG retail division, Khimji Ramdas said, “The response was outstanding! The football aficionado in Oman voted their hearts-out with huge number of SMSes being received in a span of 30 days.”

 
Lucky draw held

A lucky draw for the consumer promotion of ‘Noor- Shine of Health Shine of Diamonds’ was held recently at the premises of IFFCO Distribution in the presence of Ministry of Commerce and Industry officials. 25 winners were drawn, each of whom won a Damas diamond necklace. According to Abdullah Adawi, spokesperson of IFFCO the promotion was aimed primarily to reward loyal consumers of Noor Oil. “Obesity rates in the region are very high as transfats get accumulated in the body and result in obesity and heart problems. Thus consumers are advised to prefer Noor transfat free products for healthier life,” a release from IFFCO stated.