Belarusian President receives HH Sayyid Theyazin
During the meeting, HH Sayyid Theyazin conveyed the greetings of His Majesty Sultan Haitham bin Tarik to the Belarusian President, along with His Majesty's best wishes of success to accomplish further achievements for the friendly people of Belarus and realize all their aspirations for a stable and prosperous life across all fields.
On his turn, the President of Belarus asked HH Sayyid Theyazin bin Haitham al Said to conveying his greetings to His Majesty the Sultan, wishing His Majesty good health and happiness. President Lukashenko also wished the people of Oman to realize all their aspirations in various fields under the leadership of His Majesty.
The President of Belarus lauded the outcomes of his visit to the Sultanate of Oman and the warm welcome and hospitality accorded to him. He underlined the commitment to enhancing cooperation in several areas, particularly in economic, investment, and trade sectors, to achieve mutual benefits that bolster both nations' economies.
The meeting reviewed the progress made in bilateral cooperation and partnership, along with ongoing efforts in this regard, while also exploring ways to expand collaboration and investment opportunities to serve mutual interests.
HH Sayyid Theyazin expressed his profound pleasure at the growth and advancement of cooperative relations between the two countries across multiple sectors, expressing hope that all efforts to strengthen this partnership would be met with continued success and steady progress.
The meeting was attended by Abdulsalam bin Mohammed al Murshidi, Chairman of Oman Investment Authority, along with several Belarusian officials.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Muscat Daily
6 hours ago
- Muscat Daily
OIA cuts debt, drives foreign investment through strategic overhaul
Muscat – Oman Investment Authority (OIA) is changing public perception and its performance through a wide-ranging programme of reforms and financial gains, according to a review published in a special edition of its quarterly bulletin Enjaz & Eejaz marking its fifth anniversary. Since assuming ownership of state-owned companies, OIA acknowledged facing widespread societal perceptions that questioned governance, financial sustainability and the role of its companies in the broader economy. In response, the authority implemented targeted measures aimed at improving transparency, reducing costs and expanding private sector participation. One of the key concerns was lack of clear governance structures. To address this, OIA introduced the Code of Governance for OIA Entities in 2021 and launched a digital platform to monitor compliance and institutional performance. These efforts helped OIA secure the third place globally in the Governance and Sustainability Performance Development Index. Public concern over high salaries and unclear benefits was met with the Salaries and Incentives Rationalisation Programme. 'The reform reduced incentive categories from 80 to 12, unified benefits across companies and led to financial savings of more than RO250mn,' it stated. To address doubts over profitability, OIA mandated annual disclosures using the XBRL platform and restructured company debts. By the end of 2024, overall debt levels had been cut by 47%. These improvements supported an upgrade in Oman's credit rating to the highest investment-grade level. 'Several affiliated firms have since returned to profitability.' The authority also tackled concerns about competition with the private sector. Through its Divestment Programme and launch of Future Fund Oman (FFO), OIA divested from 18 assets via direct sales and listings on Muscat Stock Exchange. These moves brought in over RO1.5bn in private investment. OIA has also limited its ownership in new projects to a maximum of 40% to allow for greater private sector participation. To streamline mandates and reduce duplication, OIA rolled out the Rawabet programme, aligning company policies with Oman Vision 2040. This led to 41 synergy projects and eight shared strategic priorities, along with restructuring in key sectors such as logistics, food and electricity. In the bulletin's foreword, Abdulsalam al Murshidi, President of OIA, wrote, 'While we celebrate these milestones, we are acutely aware that the greatest opportunities lie ahead. Our focus will remain on private sector empowerment and foreign investment attraction through initiatives like the Divestment Programme and FFO. Concurrently, we will conduct comprehensive reviews of all policies and guidelines to ensure a robust governance framework, one that fosters collaboration across OIA and its companies, enabling even greater achievements for our nation.' Looking forward, OIA plans to review performance evaluation frameworks, upgrade digital assessment tools and continue aligning its operations with global best practices, reinforcing its role in Oman's economic diversification and national development strategy.
Times of Oman
3 days ago
- Times of Oman
MoU inked to develop Marine Sports, promote Oman's maritime heritage
Muscat: Oman LNG, represented by its development foundation, signed a Memorandum of Understanding (MoU) with Oman Maritime Sports Committee (OMSC), marking a shared commitment to support and develop marine sports while reviving Oman's maritime heritage. The agreement also aims to enable diverse community groups to participate in marine-themed sporting and cultural events. The MoU seeks to strengthen the strategic partnership between the two parties and foster the growth of both traditional and modern marine sports, contributing to the preservation and promotion of Oman's authentic identity. The scope of cooperation includes supporting and sponsoring activities and initiatives organized by the committee, exchanging expertise and best practices in sports management, volunteer work, and event organization. Additionally, the partnership will provide training programs to develop national cadres and enhance media and marketing coordination to highlight these events, their objectives, and their impact. Dr. Amer Nasser Al Mata'eni, CEO of Oman LNG's Development Foundation, stated that this MoU reflects the foundation's commitment to supporting Oman's maritime identity and heritage while empowering the community—particularly youth and families—to engage in events that celebrate these values and traditions.
Observer
5 days ago
- Observer
Russia's Aeroflot cancels flights over massive cyberattack
MOSCOW: Russian national flag carrier Aeroflot was forced to cancel dozens of flights on Monday after a crippling cyberattack claimed by a shadowy pro-Ukrainian hacking group, which one lawmaker called a wake-up call for Moscow. The Kremlin said the situation was worrying and prosecutors confirmed the disruption was the result of a hack and opened a criminal investigation. Senior lawmaker Anton Gorelkin said that Russia was under digital attack. "We must not forget that the war against our country is being waged on all fronts, including the digital one. And I do not rule out that the 'hacktivists' who claimed responsibility for the incident are in the service of unfriendly states," Gorelkin said in a statement. Aeroflot did not say how long the problems would take to resolve, but departure boards at Moscow's Sheremetyevo Airport turned red as flights were cancelled at a time when many Russians take their holidays. A statement purporting to be from a hacking group called Silent Crow said it had carried out the operation together with a Belarusian group called Cyberpartisans BY, and linked it to the war in Ukraine. "Glory to Ukraine! Long live Belarus!" said the statement, whose authenticity Reuters could not immediately verify. There was no immediate comment from Ukraine. Silent Crow has previously claimed responsibility for attacks this year on a Russian real estate database, a state telecoms company, a large insurance firm, the Moscow government's IT department and the Russian office of South Korean carmaker KIA. Some of those resulted in big data leaks. "The information that we are reading in the public domain is quite alarming. The hacker threat is a threat that remains for all large companies providing services to the population," Kremlin spokesman Dmitry Peskov said. Aeroflot, the transport ministry and the aviation regulator did not immediately respond to requests for comment on the hack. The airline said it had cancelled more than 40 flights — mostly within Russia but also including routes to the Belarusian capital Minsk and the Armenian capital Yerevan — after reporting a failure in its information systems. At least 10 other flights were delayed. "Specialists are currently working to minimise the impact on the flight schedule and to restore normal service operations," it said. The statement in the name of Silent Crow said the cyberattack was the result of a year-long operation which had deeply penetrated Aeroflot's network, destroyed 7,000 servers and gained control over the personal computers of employees, including senior managers. It published screenshots of file directories purportedly from inside Aeroflot's network and threatened to shortly start releasing "the personal data of all Russians who have ever flown Aeroflot". Since Russia launched its war in Ukraine in February 2022, travellers in Russia have become accustomed to flight disruptions. However, those delays have usually been caused by temporary airport closures during drone attacks. Irate passengers vented their anger on social network VK, complaining about a lack of clear information from the airline. Malena Ashi wrote: "I've been sitting at Volgograd airport since 3:30!!!!! The flight has been rescheduled for the third time!!!!!! This time it was rescheduled for approximately 14:50, and it was supposed to depart at 5:00!!!" Another woman, Yulia Pakhota, posted: "The call centre is unavailable, the website is unavailable, the app is unavailable. How can I return a ticket or exchange it for the next flight, as Aeroflot suggests?" Aeroflot said affected passengers could get a refund or rebook as soon as its systems were up and running and that it was trying to get some affected passengers seats on other airlines. Despite Western sanctions on Russia that have drastically limited travel and routes, Aeroflot remains among the top 20 airlines worldwide by passenger numbers, which last year hit 55.3 million people, according to its website. — Reuters
