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7 November 2002
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OCTAL launches pet recycling

OCTAL recently kicked-off the first-of-its-kind PET water bottle recycling programme at the British School Salalah. PET bottles are collected at designated sites on the school campus and delivered to OCTAL’s PET complex in the Salalah Free Zone for recycling. As part of the programme launch, the school children were educated on environmental issues, the importance and benefits of recycling in addition to practical ways they can contribute to preserving the environment. “Children have a powerful influence over recycling habits of households and they have the perfect combination of wonder and imagination to mould eco-friendly lifelong habits that will result in reducing post-consumer PET waste,” said Neil Skeffington, process development manager at OCTAL. “We have always placed environmental sustainability at the forefront of our operations as a standard business practice. By championing PET recycling in the Sultanate, our ultimate aim is to establish a recycling culture in Oman, first beginning with the communities where we operate.”


 
BankDhofar to open new branch in MGM

BankDhofar has signed an exclusive contract with Muscat Grand Mall (MGM) management to provide world class banking services by opening a new flagship branch at Muscat’s newest shopping venue. The bank’s newest branch will be the prototype for the new design and fit which will soon be rolled out across all other branches as part of BankDhofar’s next five-year strategy. The MGM branch will offer a range of services to its customers and will be a hub for financial and banking activity in the shopping mall. “We are confident that the newest BankDhofar branch will add to the number of visitors to the mall, allowing our customers easier access to their banking facilities while enjoying their browsing and shopping at this excellent mall,” said Anthony Mahoney, CEO, BankDhofar.


 
Khimji brings Aurobindo Pharma to Oman

Khimji Pharmacy announced its partnership with Aurobindo Pharma, a billion-dollar pharma major with strong presence in US and Europe. This tie up will bring Aurobindo Pharma Medicines (Anti-Hypertensive Medicines) and many such therapies at an affordable price, to the people of Oman. The launch ceremony held in Crowne Plaza Muscat was inaugurated by HE JS Mukul, Indian Ambassador to Sultanate. “We are pleased to partner with Khimji Ramdas Group which is one of the largest and most respected business conglomerates in the Middle East since 1870,” said Madan Mohan Reddy, director of Aurobindo Pharma. “After carving out a niche in stringent and regulated markets like US and Europe, we have now entered the GCC market, choosing Oman to be our first launch pad and Khimji Pharmacy as our preferred partner.”


 
NDC launches ultra premium soaps

National Detergent Company (NDC) launched ultra premium soap D’zire in five exotic fragrances of ultra milk, cream and nuts, pearl, lavender and anti-bacterial. Available in stores across Oman and Middle East, these soaps contain extra moisturizers, which keep the skin glowing even in the searing summer heat. The ultra milk soap has extra moisturizer and goodness of milk which gives the skin an everlasting radiance upon daily use, while cream & nuts variant has the goodness of almonds that provides skin with a fresh glow. The ultra pearl soap nourishes and takes care of skin with its gentle fragrance and cleansing properties, whereas Lavender soap’s essential ingredients bring a visible glow to skin.


 
INS Viraat calls at Port Sultan Qaboos

Aircraft carrier INS Viraat, the pride of Indian navy, was in Muscat on its first maiden call at the Port Sultan Qaboos on a three-day friendly visit to Oman in June. INS Viraat was accompanied by the stealth frigate INS Talwar and indigenously built guided missile frigate INS Ganga on its historic visit to the Sultanate. Captain AB Singh, VSM, commanding officer of the aircraft carrier INS Viraat and the officer in tactical command for this carrier task group, said the historic visit engendered deep pride and honour in the roughly 1,000-strong complement of officers and sailors on board the Indian Navy’s flagship and Asia’s only aircraft carrier. “It is with a deep sense of honour and privilege that we have come here to Muscat and our visit attests the strategic nature of relations between the two countries,” said caption Singh.


 
Samsung launches Galaxy SIII

Samsung Electronics Co launched the third generation GALAXY S, the GALAXY S III in Oman. Designed for humans and inspired by nature, the GALAXY S III is a smartphone that recognises your voice, understands your intention, and lets you share a moment instantly and easily. This sleek and innovative smartphone has the enhanced intelligence to make everyday life easier. With Samsung GALAXY S III, you can view the content like never before on the device’s 4.8 inch HD Super AMOLED display. An 8MP camera and a 1.9MP front camera offer users a variety of intelligent camera features and face recognition related options that ensure all moments are captured easily and instantly. Samsung GALAXY S III is powered by Android™ 4.0, Ice Cream Sandwich.


 
OAB sponsors MoE event

Oman Arab Bank (OAB) has recently sponsored an event to felicitate outstanding employees of the Ministry of Education (MoE). As many as 207 male and female employees were felicitated under the patronage of HE Dr Madiha bint Ahmed al Shaibaniya, Minister of Education, in Al Bustan Palace Hotel. HE Undersecretary, administration and finance, Mustafa bin Ali bin Abdul Lateef welcomed the gathering. He highlighted the importance of human resources development in building civilisations and explaining Ministry of Education’s interest in developing efficiency of its affiliates. Director, educational assessment department of education directorate in Ad-Dakhiliyah governorate, delivered a speech on behalf of the employees. HE Al Shaibaniya felicitated the outstanding employees.


 
SanDisk partners Souq Technology

Souq Technology International will be the authorised distributor of SanDisk products in Oman. Announcing its expansion into Oman through a partnership with Souq Technology International, Tareq Husseini, SanDisk’s Middle East and Africa sales director, said, “Our partnership with Souq Technology International reinforces our objective to expand our product reach in Oman. The entire range of SanDisk storage products will now be available to a wider market through the expertise and established distribution network of our approved partner. While some of our products were being sold in the country, Souq Technology International is the first authorised distributor.” Souq Technology International has been operating in the Middle East for almost a decade and is active in 16 countries.


 
Country Club organises summer camp

In order to help children make the best use of their holidays, Country Club Oman is organised a Summer Camp at Ruwi Hotel from June 26 to July 2, 2012. The weeklong camp helped children with learning, grooming, making new friends and having loads of fun as well.

Children attending the camp had the chance to learn swimming, art and craft and yoga and involved in many more fun filled activities guided by professionals in the field. “Summer Camp 2012 is organised by Country Club Oman to ensure entertainment and involvement for not only adult members but also member children,” said Reddy, chairman and managing director, Country Club India. “I’m sure every child attending the camp will make the best use of the Summer Vacation.”


 
Omanoil’s awareness campaign for youth

An award ceremony presided over by His Highness Sayyid Faisal bin Turki Al Said marked the end of a three-month long nationwide awareness campaign entitled ‘Your Friends Make You Who You Are’ conducted by Rekaaz and Oman Oil Marketing Company (omanoil). Advocating against peer pressure and inspiring confidence among Oman’s youth, the campaign was a direct response to issues facing young people today. Omanoil’s collaboration with Rekaaz is aimed at engaging the local community and investing in the future of the Omani people by leaving behind a positive legacy of responsible and ethical social behaviour. 



Top^


May - 2013

Cover Story

ON SOUND FOOTING

The Global economy is yet to recover four years after the beginning of the global financial crisis. During 2012, global economic growth has weakened further. Global growth dropped to almost 3 per cent in 2012. A growing number of developed economies have fallen into a double-dip recession. Those in severe sovereign debt distress moved even deeper into recession, caught in the downward spiraling dynamics from high unemployment...

Buseniss Briefs

OMANTEL PROMISES CUSTOMISED BROADBAND SERVICES
 
Omantel has re-iterated its commitment to provide customers with the best broadband experience offering the broadest choice, the widest coverage and superior quality of services. “We aim to provide all customers with a broadband service which fits their specific requirements, leveraging our fixed and mobile networks. Our range of offerings is wide, and we trust we can offer something for everyone,” said Samy al Ghassany, chief operating officer, Omantel...

Other Headlines
Maserati Ghibli to debut in Shanghai
 
Maserati has released the first official images of its upcoming four-door sports executive sedan in advance of its debut at the Shanghai Motor Show later this month. The all-new Ghibli is set to break new ground for Maserati. The Ghibli will have a sportier character compared to the larger Quattroporte, launched at the beginning of this year...

A class of its own
 
The Aston Martin Vanquish sits proudly at the pinnacle of the luxury British car maker’s sports car line-up and points to an exciting and confident future for the historic brand. Visvas Paul D Karra gets behind the wheel of this breathtaking new super grand tourer which represents the zenith of design and engineering...

Expect the Unexpected
 
Hyundai is unarguably one of the fastest growing automotive brands in the world. Oman market is not an exception either as we see more and more Hyundai cars running on the Sultanate’s roads. In the recent years, Hyundai as a brand is undergoing a dramatic metamorphosis. For decades, Hyundai had worked on strengthening its positioning as the ‘value’ brand catering to the mass market...
Mouawad officially opens at Opera Galleria
 
Mouawad officially inaugurated its new boutique at Opera Galleria, Muscat’s new prestigious shopping destination, recently. The new showroom is the second for Mouawad in Oman’s capital and the first to be designed according to the new generation store concept. The grand opening was attended by both local clientele and VIPs and was honoured with the visit of popular Yemeni singer and television host, Arwa as well as two generations of Mouawads...
Foreign investment set to rise
 
Oil production may be continuing to increase in Oman, but the Sultanate’s focus remains firmly fixed on preparing for a post-oil future. In March, it was announced that despite concerns over the longevity of its oil production capacity, Oman’s average daily output rose to 918,000 barrels per day (bpd), outdoing the 2011 average of 884,900 bpd...
Oman Forum 2013 on May 6
 
Leading experts from the Government, economy and society are going to debate on the most important agendas before the nation, in Oman Forum 2013. The event is taking place on Monday, 6 May at Oman Auditorium, Al Bustan Palace Ritz-Carlton. HE Darwish bin Isma’eel bin Ali al Balushi, Minister Responsible for Financial Affairs, is the chief guest for Oman Forum 2013...
Saving energy
 
Oman Cables Industry (OCI) has quantified and monitored regularly its electricity and water consumption and set up low-cost, sustainable and effective systems in order to reduce the consumption, per unit production, by 15 per cent in water and 5 per cent in electricity. Lighting up three large plants can draw a lot of electric energy...
Executive Movements
 
BankDhofar has promoted Ahmed Said Al Ibrahim and Faisel Hamed Suliman Al Wahibi respectively as deputy general manager, government relations and deputy general manager, retail banking division, with effect from April 2013. Ahmed Said holds an MBA in finance from University of Hull, UK as well as BA in media and journalism from Sultan Qaboos University...
Ultra-portable
 
For photography enthusiasts looking for a high-end compact that delivers outstanding images even in low light, the game-changing Olympus Stylus XZ range stands out from the crowd. Photocentre, the authorised distributors for Olympus in Oman, has bolstered the range, with the addition of the slender Olympus Stylus XZ-10. The XZ-10 offers an ideal combination of optical brilliance, fast lens response, pocket-sized design and the usability required to shoot and share every day on the fly...
Pursuit of partnerships
 
Creative Action Design (CAD) is an internationally renowned design company which applies creative thinking, global experience and original approaches across a broad range of creative services incorporating commercial and retail spaces...
The bullish case for South Korean shares
 
South Korea’s KOSPI stock market index has been an underperformer against China, Japan and ASEAN since November due to the spike in the yen/won rate. This is only natural since South Korea’s chaebols (conglomerates), with their auto/electronics exports, face Japanese competitors in global export markets...
Aiming high
 
The heating, ventilation and air conditioning (HVAC) industry plays a critical role in Arabian Gulf’s construction sector where the summer temperature shoots ups to nearly 50 degree Celsius. The HVAC industry in the region has weathered the economic downturn much better than most developed...
Inimitable Style
 
Arnold & Son has released one of the most alluring and precise moonphase watches. The HM Perpetual Moon, with one of the biggest moonphase apertures on the market, rightfully joins the Arnold & Son Royal Collection. The Royal Collection is inspired by the timepieces created in the early part of John Arnold’s life, and pay tribute to the watches he produced for King George III and members of the royal...
Mapping your destinations
 
Fahad Al Lawati, founder and CEO of Dubai-based smallmap.com talks about his innovative social travel website which serves as an information sharing portal for travellers from across the world. Excerpts from an OER interview...
SAYARTI AUTOCARE
 
A part of the Sayarti Group, Sayarti Autocare has over the years grown into one of the most popular and successful brands within the automotive care industry in the Sultanate. The company’s full range of personalised quality auto services and premium products...

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