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7 November 2002
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McDonald’s converts used oil into bio-diesel

McDonald’s Oman (Al Daud Restaurants) has embarked on a venture to convert used cooking oil into eco-friendly bio-diesel to fuel its fleet of delivery trucks. The initiative is a joint effort between McDonald’s Oman and Coeja Eco Solutions. “We are proud to adopt such an environmental initiative which reduces carbon emissions of our fleet of vehicles by 75 per cent,” said Ali K Daud, development licensee and president of McDonald’s Oman. Coeja Eco Solutions in partnership with Neutral Logistics shall collect all the used cooking oil from all McDonald’s restaurants and convert it to 100 per cent biodiesel for use in diesel combustion engines for vehicles. “Sustainability for businesses is key, not only for keeping costs down but also for the positive impact on the environment and the consumers’ perception of the company” said Talal Al Hassan, local partner of Coeja Eco Solutions.


 
Lulu opens 101st Outlet in Buraimi

Lulu opened its much awaited 12th hypermarket in Oman at Buraimi recently. The new hypermarket, 101st of Lulu Group’s outlets world over, was inaugurated by HE Sayyid Ibrahim bin Said Al Busaidi, governor of Buraimi in the presence of Yusuffali MA, managing director and the senior management team of Lulu Group, and other dignitaries. Close on the heels of the momentous opening of the 100th outlet at Ras Al Khaimah, this hypermarket boasts of several firsts. Built at a cost of over RO20mn, the new facility features a multiplex cinema, amusement area, food court, coffee shops and a wide variety of product lines under one roof.


 
Pizza Hut’s Crown Crust Carnival

Pizza Hut brings to Oman the culinary evolution of the Crown Crust concept through its first ever Crown Crust Carnival. The mouth-watering Crown Crusts Carnival features three varieties: the world’s first Chicken Fillet Pizzas, Cheese Burger Pizzas and the ultimate taste of Philadelphia Cream Cheese Pizzas. As usual, Pizza Hut has ensured that only the best quality ingredients go into the preparation, including the finest Philadelphia cream cheese from Kraft Foods.The first-ever Chicken Fillet Crown Crust Pizza has golden chicken fillets in the crust, topped with breaded chicken, grilled chicken strips, green pepper, onion and BBQ sauce. The juicy Cheese Burger Pizza is covered with melted cheese topped with ground beef, tomato slices, lettuce and onions. The Cream Cheese Pizza has creamy Philadelphia Cheese from Kraft with a choice of vegetarian and non-vegetarian toppings to go with it.


 
Al Hassan Group to support rural women

Al Hassan Group recently signed an agreement with the Ministry of Agriculture and Fisheries to support livelihood of rural women at Al Dakhliyah governorate, as part of its corporate social responsibility (CSR). Maqbool bin Ali Salman, managing director, Al Hassan Group signed the agreement with HE Dr Ishaq bin Ahmed Al Ruqaishi, undersecretary at the ministry in the presence of HE Dr Fuad bin Jafar bin Al Sajwani, Minister of Agriculture and Fisheries, several dignitaries and high-ranking officials. HE Dr Ishaq thanked Al Hassan Group for its generous support and recognition of the importance of the role of rural women in the community and granting them an opportunity to improve their earnings.


 
Pak wins Omantel Celebrity Cricket

Omantel Celebrity Cricket, a first-of-its-kind tournament in Muscat, brought together local talent and international celebrities to create a fun-filled and memorable cricketing event, recently at Muscat Club in Wadi Kabir. Five top local teams fought it out, backed by lovely celebrities who flew in to boost team morale. The Pakistan Panthers were represented by Maria Wasti, the Sri Lankan Lions by Anarkali, the Bangladesh Tigers by Shimla, the South Indian Tuskers by Sandhya and the North Indian Stallions by Riya Sen. The oath of fair play was taken by Kiran Asher, treasurer, Oman Cricket Club in the presence of the Ambassadors of India, Pakistan and Sri Lanka and senior officials from Omantel. After a hotly contested final with Sri Lanka, Pakistan lifted the first ever Omantel Celebrity Cricket Cup, also winning cash prize of $1,000.


 
Oman LNG to support OAD

The Oman Association for Disabled (OAD) and Oman LNG signed an agreement to provide medical equipment to 500 people living with disabilities across Oman. As part of the agreement, Oman LNG has earmarked RO86,190 to assist the association in procuring 390 electronic wheelchairs, comfort and standard variants, 50 hearing aids, 15 electronic beds and mattresses and 50 commode chairs.
“We thank Oman LNG for their assistance over the years which has enabled us to work together to provide equipment that improves the quality of life for persons with disabilities,” said Yahya bin Abdullah al Amri, chairman of the association, while speaking after signing the agreement at the Ministry of Social Development.

“We are delighted to support the association in funding its procurement of various equipment that will ease the life of our brothers and sisters who live with disabilities,” said Amor al Matani, Oman LNG’s deputy CEO.


 
Jotun launches ‘Closer to the Consumer'

Jotun Paints has revealed a new strategic initiative, ‘Closer to the Consumer,’ focused on consolidating the company’s market presence in Oman. The announcement was accompanied with the launch of ‘Fenomastic Stain Resistant’ and ‘Fenomastic Hygiene’ and a new design packaging for the ‘Jotashield’ line of paints. The launch of the initiative in Muscat, Salalah, Barka, Sur, Nizwa and Sohar complements the company’s move towards consolidating its Oman market leadership while at the same time reinforcing customer ties.

“The launch of ‘Fenomastic Stain Resistant’ and ‘Fenomastic Hygiene,’ demonstrates our capability to innovate broadly, reliably, and successfully, year after year, in every part of our business”, said Biren Arora, general manager, Jotun Paints Co. “Our aim is to be able to come up with an innovative line of products that customers can widely depend on. Innovation is not only the core target of our business model but also the primary track that drives us to meet the demands of our customers while also reinforcing retail partnerships.”


 
Ahlibank launches ‘Go Green’ campaign

In an effort to encourage its employees to plant trees and contribute to reduce carbon footprint, Ahlibank has launched ‘Go Green’ campaign as part of its CSR initiative. Each ahlibanker will receive a small pot with a young cactus tree. The goal is to take care of this tree for one year and make sure that it grows to its maximum potential. The team will be doing a surprise inspection frequently to monitor the growth and maintenance of the tree. After one year, the best three ‘tree owners’ will receive a certificate of appreciation from the CEO as well as three surprise prizes as a reward for their efforts. “We believe every small green step taken today would go a long way in building a greener future for the coming generations and that each one of us can work towards a better global environment”, says AbdulAziz Al Balushi, CEO, ahlibank.



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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