Nepal Embassy promotes trade, jobs and tourism in Oman
The event began with the ceremonial lighting of the traditional Nepali lamp Panas by Dornath Aryal, Ambassador of Nepal to the Sultanate of Oman. In his welcome remarks, Ambassador Aryal acknowledged the vital contributions of Nepali workers to Oman's economy and expressed Nepal's intent to expand its workforce in line with Oman's Vision 2040.
He emphasised Nepal's ongoing reforms to simplify recruitment through digital platforms and policy enhancements, while also inviting participants to explore Nepal's investment potential in key sectors such as hydropower, tourism, and renewable energy.
Bishesh Kumar Sah, Second Secretary, presented detailed insights into Nepal's trade and investment landscape. He identified high-potential export products and outlined attractive investment opportunities in hydropower, tourism, agriculture, and IT.
Sah also introduced streamlined procedures for employers interested in recruiting Nepali manpower and showcased a newly developed web-based app integrated within the e-portal for Online Demand Attestation. The app enables the automatic generation of six essential documents for demand attestation, significantly easing the recruitment process.
Attendees also viewed a promotional video and presentation highlighting Nepal's tourism appeal. The event also featured the distribution of souvenirs showcasing Nepal's iconic Himalayan landscapes and tourist destinations.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
9 minutes ago
- Zawya
AJEX expands B2C delivery services to Qatar, Oman, Kuwait
AJEX Logistics Services, a specialist in e-commerce distribution and logistics solutions, has announced the expansion of its B2C Full Mile and Last Mile delivery services to Qatar, Oman, and Kuwait. The company's ongoing expansion marks the latest milestone in its mission to provide seamless, end-to-end e-commerce logistics across the region. In response to rising demand, AJEX is now offering a single one-stop-shop for all B2C deliveries across the GCC, providing businesses with convenient, tech-enabled delivery solutions. Customers across the newly added AJEX network in Qatar, Oman, and Kuwait will now benefit from services including cross-border fulfilment, customs clearance, cash-on-delivery (COD), returns, and insurance, tailored to local market needs. Designed to ensure service excellence, all AJEX parcel deliveries are supported by real-time tracking for full visibility and control. E-commerce adoption continues to accelerate across the Middle East, driven by rising digital connectivity, shifting consumer expectations, and strong investment in both digital and logistics infrastructure. According to recent market research, e-commerce sales are projected to grow approximately 11% annually from 2023 to 2027 across the Gulf region, reaching $49.78 billion by 2027, with emerging markets like Kuwait, Oman, and Qatar, and key sectors such as fashion, groceries, and healthcare, anticipated to be major contributors. With its latest expansion, AJEX is fast becoming the preferred logistics provider in the Middle East, trusted by businesses for speed, reliability, and innovation. 'With the expansion of our B2C delivery services into Qatar, Oman, and Kuwait, AJEX is now uniquely positioned to support the entire GCC region with fast, reliable, and customer-centric e-commerce logistics,' said Mohammed Albayati, Group CEO of AJEX Logistics Services. 'As online retail continues to reshape consumer habits, we remain committed to building agile and scalable logistics solutions that meet the needs of retailers and customers alike, while supporting national visions for diversification, digital growth, and regional integration.' This latest expansion underscores strategic role of AJEX in advancing e-commerce enablement across the region—helping businesses grow, consumers connect, and economies thrive through smarter logistics. Copyright 2025 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Khaleej Times
9 minutes ago
- Khaleej Times
IHC posts Dh10.8b H1 profit on strong diversified growth
International Holding Company (IHC) has delivered a strong first-half performance for 2025, posting revenue of Dh54.7 billion, up 31.1 per cent from Dh41.7 billion a year earlier, and a net profit of Dh10.8 billion. The Abu Dhabi‑based global investment group credited the results to disciplined strategic investments, portfolio strength across multiple sectors, and one of its best‑ever second quarters. Q2 revenue climbed 22.5 per cent year‑on‑year to Dh27.5 billion, while net profit surged 55.3 per cent to Dh6.7 billion, reflecting higher operating leverage and sustained demand across core verticals. Real estate and construction remained the largest revenue contributor, generating Dh22.6 billion in H1, up 47.8 per cent, supported by strong project pipelines and resilient market demand. Marine and dredging operations added Dh14.1 billion, rising 10.8 per cent, while hospitality and leisure nearly doubled turnover to Dh4.9 billion as global travel demand returned strongly. Financial services revenue rose 21.4 per cent to Dh1.8 billion, and energy operations delivered Dh400 million, up 161.3 per cent, highlighting the breadth of IHC's diversification strategy. Earnings per share increased to Dh2.49, with return on equity at 10.8 per cent. Total assets reached Dh436.9 billion as of June 30, 2025, up 8.7 per cent since year‑end 2024. 'Our H1 2025 results reflect the continued strength of IHC's diversified model and the disciplined execution of our strategic investment agenda,' said Syed Basar Shueb, CEO of IHC. 'By delivering outstanding portfolio performance and enhancing operating leverage, we are unlocking value across sectors while deepening our impact in regional and global markets.' The company advanced several major strategic initiatives in the first half. It launched Gridora, a joint venture with ADQ and Modon to deliver strategic infrastructure projects across the UAE and abroad, and unveiled RIQ, an Abu Dhabi Global Market‑based AI‑driven reinsurance platform developed with BlackRock and Lunate, backed by over $1 billion in equity and targeting liabilities exceeding $10 billion. In a push into digital finance, IHC joined ADQ and First Abu Dhabi Bank to pioneer a UAE dirham‑backed stablecoin aimed at enhancing payment systems and blockchain adoption. The group also took a leading role at the 2025 World Economic Forum in Davos, engaging with policymakers, investors, and industry leaders to promote sustainable investment and global collaboration. M&A activity remained a key growth lever. Multiply Group acquired a controlling 67.91 per cent stake in European fashion retailer Tendam, while IHC took a 69.33 per cent interest in Reem Finance to bolster its financial services footprint. The group also acquired and rebranded SME financing platform eFunder as Zelo, targeting the $250 billion SME credit gap in the UAE with digital invoice financing solutions. Other investments expanded IHC's reach across high‑growth sectors. Modon entered the UK property market with a 50 per cent joint venture in London's 2 Finsbury Avenue development. Al Ain Farms acquired Al Jazira Poultry Farm for Dh255 million, boosting its domestic poultry portfolio. In energy, NMDC Group bought 70 per cent of oilfield services firm Emdad, while Esyasoft purchased UK‑based Good Energy in a Dh453 million deal to strengthen renewable energy and EV mobility capabilities. Healthcare remained a priority growth sector. PureHealth, an IHC subsidiary, completed a landmark $2.3 billion acquisition of a 60 per cent stake in Greece's largest private healthcare provider, Hellenic Healthcare Group, reinforcing its European expansion. The group also increased its logistics footprint through Aldar's acquisition of integrated logistics assets in Almsrkaz from Waha Capital for Dh530 million, adding income‑generating properties across Abu Dhabi, DIP, Jebel Ali, and Dubai South. Shueb emphasised that IHC is shaping 'the industries of tomorrow' by connecting innovative businesses with long‑term capital and operational expertise. 'Our platform is built for scalable and sustainable global relevance,' he said. 'We remain committed to being a catalyst for economic transformation and delivering enduring value to shareholders and stakeholders.'
Arabian Business
26 minutes ago
- Arabian Business
UAE travellers rely on AI to plan trips as industry eyes $2.3 trillion market
UAE travellers are embracing artificial intelligence (AI) for trip planning at higher rates than global peers, with 60 per cent trusting AI to plan every aspect of their journeys compared to 48 per cent of travellers in other countries. According to a Tourism Economics report commissioned by Arabian Travel Market (ATM), the global meetings and events industry is projected to exceed $2.3 trillion by 2032, up from an expected $945 billion in 2025. UAE travellers trust AI trip planning Nearly six in ten travellers have used AI for travel planning, with 21 per cent using it before their most recent trip, the report found. AI adoption is expected to rise as technology becomes more embedded in consumer habits. Amy Read, VP Innovation at Sabre Hospitality, said: 'It is important to recognise that human connection is at the core of hospitality. When we think about innovation within hospitality, we try to find ways that amplify those key moments, rather than replace them. We want to free up staff time so that they can engage in more meaningful interactions.' Read explained that technology has changed guest expectations, with travellers now seeking instant gratification and swift responses. AI implementations include Miral's AI concierge, Majd Al, deployed at Abu Dhabi attractions including Yas Bay Waterfront and Ferrari World Yas Island, offering tailored suggestions based on individual preferences. Travel companies are adopting customer-focused approaches to AI development. Almosafer uses a co-creation approach, developing tools based on customer pain points, while Expedia TAAP builds technology informed by insights from travel agents. In the business events sector, AI is delivering efficiency gains as the industry scales. Data-led personalisation is becoming critical for attendee engagement, with AI helping automate sourcing, translate content in real time, and generate tailored event experiences. Industry speakers warned against over-reliance on technology at the expense of authenticity, emphasising that AI should reshape rather than replace human roles. Danielle Curtis, Exhibition Director ME, Arabian Travel Market, said: 'When it comes to travel and tourism innovations, the most effective technologies are those that amplify human interactions, improve efficiency and respond directly to customer needs. The industry has a shared commitment to responsible innovation by placing people at the centre of every technology solution.' ATM Travel Tech expanded by over 26 per cent in products showcased at the 2025 edition. ATM 2026 will take place May 4-7 in Dubai.
