Category: FROM THE PRINT EDITION

Banking & Finance
Bank Sohar
Diversifying revenue streams

Sasi Kumar, Acting CEO, Bank Sohar says the focus on fundamentals and best practices helped the bank deliver on customer expectations. An OER report How was Bank Sohar’s financial performance in 2017? Bank Sohar’s 2017 performance was catalysed by rapid progress on all business fronts, despite a range of economic challenges posed by a sub-optimal […]

Banking & Finance
Bank Nizwa
Robust growth

Khalid Al Kayed, CEO of Bank Nizwa, talks about the bank’s performance, expansion strategy, future outlook and the Islamic banking industry in Oman Bank Nizwa is celebrating its fifth anniversary this year. Can you give us a brief overview of the bank’s performance? It has been a remarkable journey so far. We are proud of […]

FROM THE PRINT EDITION
Peter Walichnowski , CEO of Omran
Driving diversification

Oman Convention and Exhibition Centre is expected to contribute RO130-150mn to the national GDP by 2030, says Omran CEO, Peter Walichnowski Oman Convention and Exhibition Centre (OCEC) which opened in 2016, is the centre piece of phase 1 of the new Madinat Al-Irfan Development, being developed by Oman Tourism Development Company (Omran) in Muscat. OCEC […]

FROM THE PRINT EDITION
Andrew Anagnost
 Exploring new frontiers

Andrew Anagnost, President and CEO, Autodesk talks about how cloud, machine learning, artificial intelligence and generative design are going to create a whole new world of opportunities in the next decade. Mayank Singh reports fromAutodesk University 2017, Las Vegas    The business model transition to software as a solution (SaaS) at Autodesk took place under its former President and CEO, […]

FROM THE PRINT EDITION
HE Darwish bin Ismail al Balushi
Poised for revival

The 2018 Budget has tried to maintain balance by cutting public expenditure without impacting funding of key development projects. The 2018 budget framework supports the general objectives of the Ninth Five-Year Development Plan, most importantly in achieving economic growth targets, promoting private sector involvement, completing ongoing development projects and creating jobs for the citizens. Oommen […]

FROM THE PRINT EDITION
Indramani
Strength to strength

 HE Indramani Pandey, Ambassador of India to the Sultanate of Oman shares his thoughts on India-Oman bilateral relations on the occasion of the 69th Republic Day of India. An OER interview    How has India Oman bilateral trade progressed in 2017? India-Oman bilateral trade is continuing its upward trend after facing a decline during 2014-15 […]

FEATURES
BP Chart
Making a mark

BP has laid solid foundations at the first phase development of Khazzan gas field. Exporting Khazzan’s first volume of gas marks the end of a 10-year journey. Muhammed Nafie reports  When BP achieved first gas at its Khazzan field on September 22, 2017, safely, ahead of schedule and below budget, it was one of the […]

FROM THE PRINT EDITION
PDO
Building a sustainable economy

The year 2018 will require operators and contractors to continue to focus on becoming more efficient, more agile, more productive in all their key business activities, says PDO Managing Director, Raoul Restucci What is PDO’s outlook for 2018? Notwithstanding the recent oil price increases, Oman is projecting sustained fiscal and current account deficits and PDO […]

Banking & Finance
abdul-razak-ali-issa
Maintaining performance momentum

In the prevailing economic situation, banks will require to maintain steady growth in loan book and deposit mobilisation, says Abdul Razak Ali Issa, Chief Executive, Bank Muscat How is Oman’s banking sector going to shape up in 2018? The banking sector will continue to play a key role in activating and shaping the economic future […]

Banking
Abdul Hakeem Al Ojaili
Enhancing customer experience

Abdul Hakeem Al Ojaili, CEO of BankDhofar, talks about the key highlights of Oman’s banking sector in 2017 and the outlook for 2018   Looking back, what were the key highlights of 2017 for the banking sector?   The banking sector faced challenges in overall credit growth triggering prudent lending strategy, due to the overall […]