| |
|
Aster Hospital opens in Sohar
|
|
 |
|
Aster Hospital, Sohar of DM (Dr
Moopen’s) Healthcare opened its doors to the people of North
Batinah region. This is the first private hospital in the area
and will form part of the largest network of medical facilities
in the GCC.
The 60-bed Aster Hospital (Al Raffah hospital), like all other
DM healthcare hospitals and medical centres, shall strive hard
to help the people who require health care with a personal
touch. With a dedicated team of healthcare professionals of
global standards, delivering quality health care at an
affordable cost, Aster Hospitals shall provide personalised care
at the doorsteps of the people. |
|
|
|
|
Jet Airways
on-time performance soars |
|
Jet Airways, India’s premier
international airline, and Jet Lite, a wholly owned subsidiary,
have achieved the best on time performance in May, as per the
figures released by the Director General of Civil Aviation. The
month of May, which is the peak summer season, has seen a sharp
turnaround following the unwavering dedication and commitment
displayed by the staff of Jet Airways and Jet Lite on the
network which has played a decisive role in enhancing Jet
Airways and Jet Lite OTP.
During May, Jet Airways has recorded an on-time performance to
88.9 per cent. The month of May has also seen the airline
carrying 8.69 lakh revenue passengers registering a sharp 41.2
per cent growth as compared to the same period last year with a
seat load factor of 82.5 per cent. |
|
|
|
|
Nawras sponsors
Kilimanjaro expedition |
|
 |
|
Nawras, a Qtel Group company, is
the exclusive sponsor of two Muscat residents, including the
first Omani woman, in their expedition to climb Africa’s highest
mountain, Mount Kilimanjaro in Tanzania. Muna Al Shanfari, a
successful Omani bank executive and mother of three, will be
making the trek together with her friend Catherine Lonie, a long
time resident of Muscat as well as a lecturer at Sultan Qaboos
University, to raise awareness for road safety and in
particular, to encourage parents and drivers to use car seats to
keep children safer when travelling.
Both Al Shanfari and Lonie are keen mountain walkers, taking
regular treks up and down local hills to exercise and clear
their minds. |
|
|
|
|
Kids painting
contest launched |
|
 |
|
BankMuscat and Omantel, banking
and telecom majors respectively of the Sultanate, joined hands
to launch a national initiative in commemoration of the 40th
Renaissance anniversary of the reign of His Majesty Sultan
Qaboos Bin Said. Bringing together the nation as one family and
targeting children who are the building blocks of the Sultanate,
the ‘Celebrate Together’ campaign primarily revolves around an
art contest aimed at instilling time-tested Omani values in the
younger generation. The theme of the contest will focus on the
Sultanate’s achievements in the economic, social, health and
educational fields and the role of the Omani citizen as the main
objective of all such achievements. Parents will be encouraged
to motivate children from all regions of Oman to participate in
the contest, which is expected to generate more than 40,000
paintings embodying the 40th year of His Majesty’s rule in Oman. |
|
|
|
|
New, revamped
Intilaaqah launched |
|
Intilaaqah has launched its new
and revamped programme, wherein the Intilaaqah and Intilaaqah
Enterprise Fund are merged as a single programme under the brand
name Intilaaqah.
On the occasion of Oman’s 40th anniversary, and to make
Intilaaqah Fund sustainable, Shell also announced its gift to
the nation, this year, by adding another $7mn to the fund.
Going forward, Intilaaqah will be a one stop shop for
entrepreneurs, which will provide financial support and business
development services. The main focus of the Intilaaqah programme
will be on creating sustainable businesses and job creation. In
addition the programme will offer funding ranging from $50,000
to $1mn to qualified SMEs, along with comprehensive online
training capabilities and tools. |
|
|
|
|
Oman Oasis
presents new label |
|
 |
|
Oasis Water Company unveiled a new
label for its bottles to mark the occasion of Oman’s 40th
anniversary celebration. This new label can be found upon 0.5
and 1.5 litre bottles of “Oman Oasis” balanced drinking water.
The newly outfitted bottles can be found all around the capital
area, as well as at all distribution points around the
Sultanate. The new label will remain on the Oasis bottles until
the end of this year. The Omani national flag resides
colourfully within the ‘O’, the phrase “40 Glorious Years” is
displayed prominently underneath. The wrap-around portion of the
new label is cleverly brushed with the red, green and white of
the Omani flag in swooping, graceful and intersecting lines; as
if to symbolise national flags swaying majestically in the wind. |
|
|
|
|
New insurance
brokerage company launched |
|
 |
|
Gargash and Trade Links Insurance
Services, a newly set-up company in Oman, offering professional
insurance intermediary services launched their corporate
identity and logo at a function in Muscat recently. The company
is set up jointly by Dubai based Gargash, with its presence in
different sectors like financial services, real estate and
automobiles and Trade Links, a leading business group based in
Oman. Dr J Retnakumar CEO of the company said the aim is to
provide proper advice to those who want to take insurance
policies and tailor a product to fit their needs. Mustafa O
Vazayil, vice chairman of the company said the company also
plans to offer online services to customers in the future.
Insurance market in Oman is growing and we hope to emerge as a
top player, he added. Tariq Ali Mirza, director of Gargash and
Trade Links was also present at the press conference. |
|
|
|
|
MSE, Voltas form
joint venture |
|
Mustafa Sultan Enterprises (MSE)
has entered into a joint venture with Indian air-conditioning
and engineering services company Voltas to execute
electro-mechanical projects in the Sultanate. The Voltas Group
will hold 65 per cent stake, while MSE will keep the balance 35
per cent in the company named as Voltas Oman.
The formation of Voltas Oman represents the union of two leading
corporate entities who are leaders in their respective markets,
said Akber Mustafa Sultan, managing director of MSE.
According to Shukat Ali Mir, EVP and COO of Voltas International
Operations Business Group, Voltas wants to be a long-term player
in providing turkey solutions and world-class products and
services. These will cater to the growing opportunities arising
in Oman. |
|
|
|
|
MOT prepares for
Salalah tourism |
|
The Ministry of Tourism is
preparing for the large number of visitors expected to travel to
Salalah, the capital of Dhofar Province and the country’s second
largest city, during the Khareef season, which began in June and
extends to early September. Last year, Salalah welcomed almost
300,000 local and international guests during the said period.
The World Travel and Tourism Council predicts a 7.8 per cent
compound annual growth rate for Oman’s tourism sector over the
next 10 years. The Council expects Oman to emerge as the Middle
East’s top tourism growth market and third globally in 2010. The
Omani government plans to generate 3 per cent of the national
GDP from tourism and match 80 per cent of tourism jobs with
citizens by 2020. |
|
|
|
|
Samsung introduces
Smart Phone |
|
 |
|
Samsung Electronics, a leading
mobile phone and telecommunications provider introduced its
vision of ‘Smart Phone for Smarter Life’ with the launch of two
flagship products Samsung Wave and Samsung Galaxy S.
Sandeep Saihgal, general manager, mobile phones, Samsung Gulf
Electronics commented: “Samsung is committed to the smartphone
market; delivering a smartphone to suit any user or lifestyle.
This strategy points to delivering devices, applications and
services relevant for every lifestyle to empower users with
access to the information and connections that produce valuable
user experience.”
While the Samsung Wave features Bada, a proprietary operating
platform; the Samsung Galaxy works on the Android platform. Both
the phones are loaded with various applications and software
including social media and also the world’s first Super Amoled
display. The ‘Smart Phone for Smarter Life’ concept “delivers a
smartphone experience that is simple, organised and integrated.
Smart Life is flexible and versatile, allowing consumers to
customise their experiences based on their needs. Such a
philosophy embodies Samsung’s drive to build a new class of
smartphones that will maximise user experience.
The Samsung Wave features the world’s first Super AMOLED
display; delivering an unrivalled screen experience on a
smartphone while the Bada platform offers a genuine smartphone
experience rich with mobile applications, new technology and
possibilities to Samsung mobile phone users. |
|
|
|
|
Barka 3, Sohar 2
IPP contracts awarded |
| |
|
The Oman Power and Water
Procurement Company (OPWP) has awarded built, own, operate and
transfer (BOOT) contracts for the country’s next two independent
power projects (IPPs), Barka 3 and Sohar 2.
The contracts to construct and operate the plants have been
awarded to a consortium consisting of the Kahrabel GDF Suez
Group, the Bahwan Engineering Group, the Public Authority for
Social Insurance, and the Shikoku Electric Company and the
Sojitz Corporation. EPC contractors for the project are
Germany’s Siemens AG and South Korea’s GS Engineering. The
combined investment for both projects will be around $1.7mn.
Barka 3 and Sohar 2 are greenfield natural gas-fired power
projects with a capacity of 744MW each. The electricity produced
by each project will be sold under a 15-year Power Purchase
Agreement to the Oman Power and Water Procurement Company. |
|
|
|
|
BAE Systems
unveils Armadillo |
|
 |
|
BAE Systems has unveiled a new
build standard of its highly-regarded CV90 tracked armoured
vehicle – named Armadillo. The armoured personnel carrier
variant was on display at Eurosatory exhibition in Paris. The
CV90 Armadillo family of vehicles combines extremely high levels
of protection with excellent mobility. The flexible modular
design involves a rear roof section, which can be unbolted to
allow simple changeover between different mission fits. This
ensures up to 80 per cent commonality between variants and easy
re-roleing of the base chassis. CV90 Armadillo has horizontal
ballistic protection well above the NATO STANAG 4569 Level 5
standard. |
|
|
|
|
OUTLOOK |
|
Sadolin tie-up with
IDdesign studio |
|
Sadolin Paints, the
largest paint manufacturer in the Sultanate, has
recently collaborated with IDdesign at Markaz al
Bahja to help create a unique design studio within
their store. The IDdesign team has selected several
shades from Sadolin’s vast colour palette to go with
different parts of their interiors at the store. In
order to highlight the colour and hue of the
furniture placed at IDdesign, several sections of
the store have been painted using Sadolin Paints. |
|
|
Infoline launches
Microsoft Solutions |
|
Infoline, the leading
IT and ITES organisation in Oman, recently added a
complete suite of Microsoft IT Training solutions
and services being a Microsoft Gold Certified
Partner and a Microsoft Certified Partner for
Learning Solutions. The training division of
Infoline diversifies its service offerings with
Microsoft Technological Trainings and Certifications
based on the Microsoft official curriculum. |
|
|
World Sickle Cell
Anaemia Awareness Day celebrated |
|
Oman Hereditary Blood
Disorder Association commemorated World Sickle Cell
Anaemia Awareness Day at Muscat City Center in Seeb.
Several activities like free educational sessions
with a healthcare professional and a bazaar took
place at the event. The Awareness Day is designed to
raise public awareness about Sickle Cell Anaemia and
to eliminate harmful prejudices associated with the
disorder. |
|
|
Cummins-UES conducts
power training |
|
Universal Engineering
Services (UES), a part of Bahwan Engineering Group,
the authorised sales and service dealership of
Cummins for Sultanate of Oman and Cummins Middle
East FZE jointly conducted a course on Power
Training (Generator Set Application and Fundamental
Course). It was a technical seminar on international
standards for genset ratings, generator selection,
mechanical and electrical fundamental of generator
set installation, application, digital synchronising
etc. |
|
|
Cluttons signs MoU for
KSA office |
|
Cityscape Jeddah, KSA,
a leading international property consultancy and
chartered surveyors, Cluttons, signed a memorandum
of understanding (MOU) with Saudi International
Development Company (SIDC), a subsidiary of Al
Bundakji Holdings, to jointly undertake commercial
property consultancy operations in the growing real
estate market in the Kingdom of Saudi Arabia. |
|
|
MELC offers advice for
cataract |
|
Our eyesight is such a
natural part of our lifestyle that we often take it
for granted and sometimes neglect the care our eyes
require. Just like any other ailment, as soon as you
sense there is a problem in your eyes, consult a
doctor immediately urges Dr Jose Ricardo Lievano S,
ophthalmologist and cataract surgery consultant at
Muscat Eye Laser Center (MELC). Two of the main
diseases that are prominent in Oman and can cause
blindness are cataract and glaucoma. |
|
|
Oman Air, BankMuscat
tie-up |
|
Oman Air, the national
airline of the Sultanate of Oman, has signed a
Memorandum of Understanding (MoU) with Bank Muscat,
the leading Omani financial services provider to
work across a range of activities to promote each
other’s products and services to their employees and
customers. The MoU is wide-ranging and paves the way
for a broad range of initiatives, including a
co-branded credit card and the extension of Oman
Air’s Sindbad loyalty programme to holders of the
new credit card. |
|
|
A’Saffa Foods
introduce new chicken nuggets |
|
A’Saffa Foods, Oman’s
number one producer of poultry, has expanded its
range of chicken products to include a new, fun
range of chicken nuggets intended to make “kids
happy” across the Sultanate. Bursting with flavour,
the new range comes in two mouthwatering varieties
including; Chicken Kids Happy Nuggets and Chicken &
Cheese Kids Happy Nuggets, both of which are
prepared using the best quality ingredients,
including A’Saffa chicken breasts which are 100 per
cent natural and tasty. |
|
|
NBO conducts first
sales campaign in Dhofar |
|
National Bank of Oman
(NBO), in order to create large-scale awareness
about its biggest ever prize scheme ‘Al Kanz’,
recently conducted its first sales campaign in
Dhofar region. These sales campaigns were conducted
by NBO’s new Salalah branch team in collaboration
with the respective branch managers, regional
managers and branch staff. |
|
|
Dar Al Atta’a supports
Cyclone Phet victims |
|
Dar Al Atta’a (House
of Giving) has taken on the responsibility of
reaching out to many Cyclone Phet victims who were
stranded without basic necessities. The charity
called on many volunteers who were able to reach
many affected areas in Oman such as – Quriyat, Al
Kamil, Al Wafi, Assarain, Sur, Daghmar, Hail al
Ghaf, Al Rustaq and many other small villages.
|
|
|
BankDhofar bags ‘Sun &
Sea’ certificate |
|
BankDhofar, ranked
number 1, as the “Best Bank in Oman 2010” by the
Oman Economic Review, was rewarded with the ‘Sun &
Sea’ certificate of appreciation by the Omani scouts
association for its participation in a beach clean
up on the occasion of the Arab Environment Day. The
award was received by Hani Macki, AGM Strategy and
Planning, BankDhofar. |
|
|
Kuwait Expo in October |
|
As part of its goal to
organise major events across the region, Oman
International Trade and Exhibitions (OITE) and
Kuwait International Fair (KIF) will be holding the
Kuwait Environment, Water and Energy Exhibition
(KEWE) for the first time October from October 3-5
at the International Fairs Ground, Mishref, Kuwait.
A spin-off of the Sultanate’s Gulf Eco Expo, KEWE is
set to attract the biggest names in Kuwait’s
environment sector focusing on Environment, Water
and clean Energy.
|
|
BankMuscat’s CD
auction oversubscribed |
|
BankMuscat, the
leading financial services provider in the
Sultanate, successfully closed its last and 14th
Certificate of Deposit (CD) auction recently. The
issue was subscribed to the extent of RO22.3mn
against the issue size of RO15mn with the weighted
average yield accepted for one year and five years
being 2.50 per cent and 4.75 per cent respectively.
There were no bids for the 3-year tenure. |
|
|
|
|
|
Top^
|
|
|
| |
| |
|
| |
|

July - 2010 |
|
Cover Story |
|
Heroes of the environment
Oman Green Awards honoured companies and individuals who are driven
by a simple notion – We can all make a difference. Mayank Singh and
Visvas Paul D Karra report... |
| Editorial |
Together we can
The response to Oman Green Awards held on June 12,
2010 has been humbling to say the least. For the people of Oman... |
| |
|
Other Headlines |
Ahlibank participates in
Save Energy Oman
Keeping up with their reputation of being a socially responsible bank,
ahlibank is participating in Save Energy Oman... |
Treatise in social psychology
The author of The Tipping Point, Blink and The Outliers gives readers
enough food for thought in his latest offering... |
|
GCC’s mighty economic size
Oil prices leave their imprints clearly on the fortunes of regional
economies and puts the GCC in the ranks of top GDPs of the world... |
A line for growth
With feasibility studies underway for a nation-wide rail network and a
pan-GCC railway, it is only a matter of time before the Sultanate of
Oman begins to reap benefits from the railways... |
Memorable success
Ashok Suvarna, Executive Director, NPA Events gives a recap of how
‘Rembrandt in Oman’ was organised which led them to win a Middle East
Event award... |
Stunning play
A childhood prodigy, Ian Baker Finch went onto achieve great heights
before he hit a sudden slump in his game... |
Al Maha Ceramics rolls out
world-class quality tiles
With new technology and state-of-the-art processes, Al Maha Ceramics
has plans to change the face of the tiles business in the country... |
A great potential in solar
Dr Inderjeet Singh, Senior Manager at PricewaterhouseCoopers (PwC)
holds a Ph.D in energy efficiency in buildings... |
Zubair, Shanfari groups
tie-up for Dhofar Automotive
The new company will sell, distribute and service cars and parts for
Chrysler, Jeep and Dodge vehicles across the Sultanate... |
Meeting global challenges
Power and utilities businesses must assess their core assets and
determine which new assets and functions will help them remain
competitive in the transformed market... |
| Regulars |
|
|
| |
|