Petroleum Development Oman’s (PDO) exploration team is in the process of evaluating a potentially exciting gas discovery in the Mabrouk area located in central Oman, according to a senior official of PDO. Abdul Amir bin Abdul Hussain al Ajmi, director of external affairs and in-country value at PDO said, “We will provide further details as […]
Employees of today need to believe in the company’s vision and feel connected to it. They need to find some purpose in the work they do The workplace of today constitutes an interesting mix of talent. Many companies today under a single roof have the more traditional Baby Boomers (1946 to 1964) and the Generation […]
Young entrepreneurs need to think differently. Simply copying what’s been done for the past decade will no longer yield the desired results, especially as times change and the world progresses, says Ali Mohammed Awadh Al Ajmi, vice chairman, Oriental Group of Companies Your roles and responsibilities in the company? I am currently the vice […]
Khalid Al Alawi, Deputy General Manager, Al-Khamis Trading Co. believes that it is important for family members to understand a business before handing it over to professionals Can you give us a brief background of Al Khamis Trading Co.? This business was established in 1973 by three partners – Mohammed Khamis, Rashid Khamis and […]
Salman Hussain Al Lawati, Executive Director at Bin Salman Investment, believes that business sustainability is more important than having family members on executive seats An industrial engineer by profession, Salman Hussain Al Lawati started off his career in 2008 at Oman Cables Industry (OCI), one of Oman’s leading manufacturing companies, where his family owned a […]
Areej Mohsin Haider Darwish, Joint Deputy Chairperson of MHD believes that succession planning is the key to ensure a smooth transition which creates a multi-generational institution Give us a brief on your roles and responsibilities at MHD? As joint deputy chairperson of Mohsin Haider Darwish (MHD), I am responsible for steering and guiding the overall […]
The Sultanate’s tourism industry is poised to play an important role in Oman’s near-term move away from hydrocarbons reliance, and in its long-term economic growth plan The oil price drop between June 2014 and January 2016 – when oil fell below $30 a barrel – threw the economic dangers of an over-reliance on hydrocarbons into […]
The year 2016 has been a sanguine year for emerging markets after five brutal years of underperformance relative to the US, Europe and even Japan. The spectacular 70 per cent rise in oil prices since last February, a 20 per cent rally in gold and industrial metals, the failure of the Federal Reserve not to […]
Lower-quality properties have been struggling into 2016, while the higher end continues to forge ahead While some of Oman’s current residential, retail and office property stock is struggling to get off agents’ books, at the higher end of the market, the picture is a lot sunnier. In this, the Sultanate resembles many other countries […]
Transaction cost is an important element in real estate investing as high transaction costs can take a significant chunk out of any capital appreciation that an investor expects
