Category: Uncategorized



Shell signs energy development pact in Oman

 Shell Gas & Power Developments (Shell) has signed a Memorandum of Understanding (MoU) with the Government of Oman to cover proposed energy development projects in the Sultanate. The agreement covers upstream gas exploration and development, gas-to-liquids (GTL), liquefied natural gas (LNG) and renewable energies. The MoU sets out an initial mutual understanding between Shell and […]

Consultant appointed for Duqm Bunker Terminal Project

The Oman Oil Marketing Company announced the appointment of WorleyParsons Engineering Oman as the project management consultants for the Duqm Bunker Terminal Project to be commissioned in early 2021. “We are confident that WorleyParsons, which combine their global resource experts with management and technical consultants to work towards fully integrated solutions, will ensure that technically […]

Collaboration announced for Blockchain use in Oman

During the Fintech Panel of the Oman Economic Forum (OEF) on April 29 and 30, focused on embracing innovation and new technologies, Dr Tariq Taha, Head of the Oman Banks Association technology department, and Dr Khalid Tahhan, CEO, Blockchain Solutions & Services (BSS), exclusively announced their collaboration. Tahhan emphasised the importance of collaboration to create […]

Record number graduate from PDO’s job training programme

Petroleum Development Oman (PDO)  celebrated the graduation of 940 young Omanis as part of its training-for-employment programme. The 11th batch of graduates is the largest in the history of PDO’s National Objectives programme which was launched in 2011 to create employment and training opportunities for jobseekers. The graduates were enrolled in different technical and non-technical […]

8 Best Startup Quotes

If motivation is what you seek, you’ve come to the right place. Here are 8 motivational quotes for entrepreneurs & startups from the best in the business. “If you can’t feed a team with two pizzas, it’s too large.” – Jeff Bezos, Amazon founder and CEO   “Chase the vision, not the money; the money […]

ECONOMY
Ominvest Office Building 3
Ominvest internal audit gets highest IIA rating

The internal audit at the Oman International Development and Investment Company (Ominvest) has been awarded the highest rating by the Institute of Internal Auditors (IIA) under the International Professional Practices Framework. The rating of “generally conforms” is the highest and means that an internal audit has a charter, policies, and processes in conformance with international […]

PDO hosts latest lean session with Ministry of Manpower visit

Petroleum Development Oman (PDO) hosted its latest Lean continuous improvement session with a visit by the Minister of Manpower (MOM) His Excellency Sheikh Abdullah bin Nasser Al Bakri and his leadership team to the Company’s headquarters. Around 30 delegates attended a full day engagement to raise awareness and understanding on how to drive continuous improvement, […]

Uncategorized
The Avidbots Neo autonomous floor cleaning robot empowers cleaning teams. (CNW Group/Avidbots)
Self-driving Cleaning Robots to be Deployed at UAE University

  Avidbots has announced that United Arab Emirates University (UAEU) will be deploying the Avidbots Neo floor cleaning robot to improve the productivity of their cleaning teams, reduce costs, and promote robotics and innovation throughout the UAE. The Avidbots Neo is a purpose-built floor scrubbing robot that integrates state of the art navigation technology with […]

Uncategorized
Invest corporation 1
Investcorp announces acquisition of KSI Trading

 Investcorp, a global provider and manager of alternative investment products, on Sunday announced its recent acquisition of KSI Trading Corp. (KSI), a supplier of after-market auto body parts in the US. The terms of the transaction were not disclosed. Founded in 1984, KSI is an industry-leading distributor of quality replacement auto body parts servicing over […]