Fishermen Safety Campign
Developing coastal communities

Oman Shipping Company has implemented several social investment programmes that serve different social segments in the country Set up in 2003, Oman Shipping Company (OSC) grew out of the Omani government’s vision to develop a national fleet catering to the maritime transportation requirements of the country’s rapidly growing hydrocarbon, petrochemical, mining and metallurgical industries. Beyond […]

Lending a helping hand

Takaful Oman’s CSR initiatives are focussed on ameliorating the situation of the underprivileged in the society, working with environmental groups, developing SMEs and creating awareness on Islamic finance Takaful Oman has corporate social responsibility (CSR) at its core. A pioneer of Takaful services in Oman, the company follows the sharia principles of mutual cooperation. Takaful […]

Jamal Aziz
Creating positive outcomes

SOHAR Port and Freezone formed deep and enduring bonds with the local community from its very inception and continues to promote projects and initiatives that bring about positive social and economic change. Excerpts from an interview with Jamal Aziz, CEO SOHAR Freezoe & Deputy CEO SOHAR Port What are the focus areas and objectives of […]

Oman LNG
Social investment

Oman LNG, which allocates 1.5 per cent of its net income after tax to various social investment and sustainable programmes, celebrates the third anniversary of its CSR arm, Oman LNG Development Foundation Oman LNG celebrated the third anniversary of the establishment of Oman LNG Development Foundation (ODF). The first of July marks the start of the foundation’s […]

Dhofar Generating Company plans IPO

Dhofar Generating Company (DGC) SAOG (Under Transformation), owner and operator of the Salalah II Independent Power Project (IPP), says it is planning to launch its Initial Public Offering (IPO) soon. As stated in the Project Founders’ Agreement, the company is required to offer 40 per cent of their Share Capital to the public through an […]

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The quirkiest companies to work for in 2018

You don’t spend that much time with your family or your cat or even your dog, as much as you spend at your workplace. For millennials, the fun part is what counts more than salary and perks. And this message has not gone unheard by employers, who now offer workplaces which follow the mantra of […]

Companies disclose damage
Companies in Salalah disclose damages due to Mekunu

Several companies operating in and based out of Salalah and the Dhofar governorate have disclosed details of the damages incurred  in the aftermath of the tropical storm ‘Mekunu’, which tore through Dhofar and Al Wusta governorates causing widespread flooding in the southern and central regions of Oman. Raysut Cement Company said in a disclosure on the MSM […]

Oman Oil Co, BP sign MoU to invest in human capital
Oman Oil Co, BP sign MoU to invest in human capital

  Oman Oil Company (OOC), the Sultanate’s investment arm in the energy and energy related sectors, and BP Exploration (EPSILON) Limited have signed a Memorandum of Understanding (MoU) to enable secondment opportunities between the two companies. The signing ceremony was attended by Eng Isam bin Saud al Zadjali, CEO of OOC and Yousuf al Ojaili, […]

Galfar wins RO23mn arbitration against haya water

Galfar Engineering and Contracting Company has won an arbitration award totaling over RO23mn against Haya Water regarding a dispute over Seeb sewage project.  Galfar said in a disclosure to Muscat Securities Market (MSM), “We would like to inform our esteemed shareholders and investors that an arbitration award was issued in the second of the four […]

Al Musalmi resigns as NBO CEO

CEO of the National Bank of Oman (NBO), Ahmed bin Jaffar Al Musalmi has resigned from his post, the bank confirmed on Thursday. In a statement released online, the bank said that its board of directors had accepted Musalmi’s resignation and that chief investment officer and general manager, Sayyid Wasfi bin Jamshid Al Said had […]