Blog



Oil&Gas
WHOC - Day 1 - Ministerial Session
Oman continued investments despite oil price drop

The Sultanate continued investments in the oil and gas sector despite the oil price drop since 2014, HE Dr. Mohammed bin Hamad Al Rumhy, Minister of Oil & Gas said at the opening of the 2018 edition of the World Heavy Oil Congress & Exhibition (WHOC) at the Oman Convention & Exhibition Centre on Monday. […]

News
GlassPoint -
GlassPoint, PDO launch SolaRISE technology centre

GlassPoint Solar, the leading supplier of solar energy to the oil and gas industry, has launched SolaRISE, a new technology center in partnership with Petroleum Development Oman (PDO). SolaRISE, standing for Solar Research, Innovation and Sustainability in Energy, is a joint initiative formed to develop and test next generation solar technologies in the oilfield environment. […]

FROM THE PRINT EDITION
Interview
Pursuing a collaborative framework

Abdulrahman Salim Al Hatmi, Group CEO, ASYAD talks about the Sultanate of Oman Logistics Strategy 2040 and its efforts in achieving the enshrined goals.  Mayank Singh reports What is ASYAD’s mandate and vision as Oman’s leading logistics group and what has been achieved in pursuance of these objectives? ASYAD has two primary mandates; the first is […]

FROM THE PRINT EDITION
Emilio Pera - KPMG
Enhanced customer centricity

Emilio Pera, Partner and Head of Audit, KPMG in the Lower Gulf shares his thoughts on Oman and GCC’s banking sector. An OER report What has been the impact on the banking sector in the GCC region due to the changes in the regional and global political, economic and technological dynamics? Overall, it looks like […]

Banking & Finance
Banking
Enhanced value proposition

Hanaa Al Hinai, DGM – Private Banking and Retail Banking Products Development, Retail and Private Banking Division, Ahlibank shares her thoughts on the bank’s premium banking offering and differentiation. Mayank Singh reports Can you share details of Ahlibank premium banking? What kind of products and services are offered to customers? Ahlibank has always been on […]

HR
Mohamed Nayaz
Building confidence in executing IT programmes

The failure of strategic IT programmes can leave companies exposed to significant increase in costs, reputational damage, loss of customers and the disruption of day-to-day activities. By Mohamed Nayaz IT programme success supports business success Organisations continue to look to IT as a key enabler to help them realise their business strategies, improve productivity and obtain […]

Bank Nizwa partners with Axis Bank

Bank Nizwa partnered with Axis Bank, India’s third largest private sector bank, to provide its customers with fast, convenient, and competitive rates to transfer and receive funds in over 120 banks and over 80,000 branches across India. The partnership offers a real-time rupee remittance facility, based on using the innovative and automated Axis Remit Direct. […]

Editor's Pick
Omaneconomy
Oman’s nominal GDP grew by 8.7% in 2017

The preliminary data for Sultanate’s national accounts indicate that nominal gross domestic product (GDP) grew by 8.7 per cent during 2017 as compared to a contraction of 3.0 per cent in 2016. The recovery in oil price since the second half of 2017 resulted in hydrocarbon sector growth at 20.8 per cent during the year […]

Port of Salalah expands operations

The Port of Salalah, Oman’s major regional gateway port and transshipment hub on the Arabian Sea, recently received four new rubber tyre gantry cranes (RTGs) to stay ahead of the operational needs of customers. The RTGs incorporate a number of features designed to be safer, more environmentally-friendly and reduce equipment downtime. This procurement is part […]

Banking
Abdulnasir Al Raisi - DGM Premier Banking 2017 (1)
Personalised services

Abdulnasir Al Raisi, DGM – Premier Banking, Bank Muscat speaks about the bank’s vision in private banking and the unique premier banking services it offers. Excerpts from an interview Please share details of Bank Muscat’s Premier banking services? The vibrant premier banking experience offered by Bank Muscat encompasses Bank Muscat Private for exclusive private banking […]