logo
Omanoil Bazaar initiative launched to empower entrepreneurs during Khareef Season

Omanoil Bazaar initiative launched to empower entrepreneurs during Khareef Season

Times of Oman2 days ago
Salalah: The mobile "Omanoil Bazaar" exhibition, held in Atin Plain in Salalah, represents a marketing initiative to support and empower entrepreneurs, organised by Oman Oil Marketing Company in collaboration with the Small and Medium Enterprises (SMEs) Development Department in Dhofar Governorate. The event runs until 31 August.
The exhibition features 20 small and medium enterprises showcasing their diverse products and services as part of an initiative aimed at opening new avenues for direct marketing, enhancing their presence in the local market, and enabling them to reach a broader audience of visitors and consumers.
This initiative aligns with Oman Oil Marketing Company's commitment to corporate social responsibility and its ongoing efforts to strengthen the role of SMEs in supporting the national economy. By empowering entrepreneurs and expanding their access to wider consumer segments, the exhibition also highlights their innovations as part of the activities accompanying Khareef Dhofar (monsoon) season.
Khamis Nasser Al Shu'aibi, Director General of Shared Services at Oman Oil Marketing Company, stated that the Omanoil Bazaar initiative reflects the company's dedication to supporting entrepreneurs and providing them with a platform to reach a larger audience. He emphasised the significance of the mobile exhibition in opening promising opportunities for SMEs to promote their products and services, particularly during Khareef Dhofar season.
For his part, Dr. Imad Ahmed Al Rowas, Local Value-Added Specialist at the SMEs Development Department in Dhofar Governorate, explained that organising the exhibition comes as part of activating partnerships between the department and entities supporting entrepreneurship. He noted that the event serves as a free marketing and promotional platform for participating businesses, reaffirming the department's commitment to providing necessary support to SMEs to help them expand and succeed.
Regarding entrepreneurs' participation, Nawaf Ahmed Al Bar'ami, owner of the "MajanRoad" app, shared that his project focuses on promoting tourist destinations in Oman, with plans to soon add hotel and restaurant booking services. He highlighted that participating in the exhibition presents an opportunity to connect with his target audience.
Meanwhile, Khalil Al-Amiri, owner of "Al-Alamiya for Frankincense Products," expressed his enthusiasm for his first participation in Khareef Dhofar events. He explained that his project specialises in producing skincare products made from Omani frankincense, with clients and distributors in several countries, including Japan, France, and the UK, in addition to collaborations with major hotel establishments within Oman.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

OQEP enhances shareholder value through share buyback programme
OQEP enhances shareholder value through share buyback programme

Times of Oman

time5 hours ago

  • Times of Oman

OQEP enhances shareholder value through share buyback programme

Muscat: OQ Exploration and Production (OQEP) has announced a share buyback programme following approval from the Financial Services Authority (FSA). This initiative aims to enhance the company's ability to deliver value to its shareholders, in addition to its current annual base dividends of OMR231 million (equivalent to $600 million) and its semi-annual performance-linked dividends. The company stated that the programme will commence 15 days from Thursday, in accordance with the regulations of the FSA and the Muscat Stock Exchange. It will be implemented based on the resolutions passed during the company's Extraordinary General Meeting held last June, which amended the company's articles of association to enable share repurchases. OQEP clarified that the buyback programme targets the acquisition of between 45 million and 60 million shares over a period of six months from the programme's commencement, or until the targeted share purchase is completed. Eng. Ahmed Said Al Azkawi, CEO of OQ Exploration & Production, explained that this programme reflects confidence in the company's strong fundamentals and its long-term growth prospects. He noted that the company's shareholders will benefit from a capital return programme that includes the OMR231 million base dividend, a performance-linked dividend program, and the share buyback. He affirmed that OQ Exploration & Production remains focused on achieving growth, operational excellence, optimising its investment portfolio, generating strong and predictable cash flows, and ensuring long-term value for its shareholders.

"Osara" project: A coastal tourist, entertainment destination for Khareef Dhofar's season
"Osara" project: A coastal tourist, entertainment destination for Khareef Dhofar's season

Times of Oman

time5 hours ago

  • Times of Oman

"Osara" project: A coastal tourist, entertainment destination for Khareef Dhofar's season

Salalah: The "Osara" tourism project, situated on Raysut Beach in Salalah, stands out as a prominent tourist and entertainment destination accompanying Khareef Dhofar's (monsoon) season 2025. This Omani youth-led initiative launched in 2022. This year, "Osara" has undergone new developmental works across several of its facilities, including a redesigned waterfront to enhance the visitor experience. This involved expanding sea-view areas, creating open seating arrangements, and adding restaurants and cafes that offer direct beach views. Majid Samhan Al Mashali, one of the project's founders, told Oman News Agency: "Since the project's inception, we have been keen to introduce innovative ideas that align with visitors' aspirations. We continuously strive to develop various 'Osara' facilities to enhance the quality of the tourism experience." He noted the addition of a new area for electric games this year within the adventure zone, providing a safe and enjoyable environment for children and their families. In addition to the waterfront and games area, the site features a traditional market showcasing Omani handicrafts and traditional products for which Dhofar Governorate is renowned. Various retail outlets are also distributed throughout the venue, contributing to the support of productive families and local brands. "Osara" also includes a theater that hosts cultural and entertainment events targeting various age groups, alongside tranquil beachside seating areas that combine recreation and relaxation. It is worth mentioning that the "Osara" project boasts an eco-friendly character, having been constructed using recycled wood, making it a model for sustainable tourism. "Osara" receives support from Dhofar Municipality, the SMEs Development Authority 'Riyada', and Salalah Port, as part of efforts to back youth initiatives and empower local entrepreneurs to contribute to boosting tourism activity during the Khareef season.

Bank Muscat launches new edition of 'EAGLEs' Programme for Branch Managers
Bank Muscat launches new edition of 'EAGLEs' Programme for Branch Managers

Times of Oman

time5 hours ago

  • Times of Oman

Bank Muscat launches new edition of 'EAGLEs' Programme for Branch Managers

Muscat: Bank Muscat, the leading financial services provider in the Sultanate of Oman, upholds commitment to developing the skills of national human resources. In line with its dedication and vision to foster sustainable professional growth and equipping employees with the leadership capabilities needed for navigating future challenges, the Bank has launched a new edition of the 'EAGLEs' Programme, a vital platform that empowers leading employees and aims to create a more connected, resilient, and accountable workforce. The 'EAGLEs' programme stands for Engage, Align, Grow, Learn, Evolve, and it constitutes a key initiative that underscores the Bank's strategic endeavours to invest in its employees and support its broader mission of empowering emerging Omani talent. The new edition is tailored for branch managers employed at the Bank's retail branches, corporate branches, as well as Meethaq's branches, aiming to recognize their pivotal role in driving operational excellence, customer satisfaction, and team performance. It is worth noting that the current edition will feature a total of 181 participants from branch managers and run into two batches. To mark the occasion, Bank Muscat held an event for the first batch of the new edition, that was attended by members of the executive management and branch managers across the entire branch network, including conventional, corporate and Meethaq Islamic Banking branches. All participants will undergo training with the aim to equip them with essential business development tools, enabling them to deliver exceptional banking services and enrich the overall customer experience. On this occasion, Ahmed Faqir Al Bulushi, Deputy Chief Executive Officer – Banking at Bank Muscat, delivered a keynote address applauding the vital and impactful role of branch managers in driving business development and delivering top-tier service to customers. He said: 'This programme represents a significant milestone in the Bank's journey toward cultivating a culture of excellence, innovation, and continuous growth. It also serves as an effective platform for learning and skill-building among Omani banking professionals, enabling them to better serve customers and contribute meaningfully to the Bank's long-term success. The 'EAGLEs' Programme is part of the Bank's ongoing efforts to align with customer expectations and meet their banking needs, in line with its vision 'To serve you better everyday.' We would like to deliver our best wishes to all branch managers who are a cornerstone of the Bank's operational structure, representing the face of the institution and playing a central role in implementing strategic objectives.' Ahmed Al Bulushi further reiterated: 'Effective leadership is essential to realizing the Bank's strategic goals. The programme provides an ideal forum for branch managers to exchange ideas, refine leadership competencies, and strengthen teamwork. Bank Muscat, remains dedicated to investing in its employees' capabilities, encouraging open communication between branch leadership and senior management, and fostering a collaborative, innovative, and success-driven work culture rooted in the Bank's core values.' Bank Muscat places great importance on developing the skills of its employees through a wide range of training programmes and educational opportunities from the outset of their employment. The Bank has set a strategic plan aimed at extending its support to developing human resources and opening new pathways for young Omanis to showcase their professional potential, by performing across-department coordination for assessing staff needs and responding proactively to evolving workforce and banking sector demands. Over the years, Bank Muscat has continued to enhance its model work environment, ensuring the delivery of world-class services and facilities to both individual and corporate customers. Today, the Bank is recognized as an employer of choice and a preferred career destination for many young Omanis. The Bank currently has over 4,000 employees across departments and branches in all governorates of the Sultanate. Employees benefit from diverse opportunities to participate in training programmes and workshops. In 2024, Jadara Academy, the Bank's dedicated Learning and Development Center, organized over 525 training programmes and online modules that provided 46737 training seats over a total of 51354 training days. Over 164 employees participated in different programmes, including educational and training programmes as well as opportunities to pursue higher education at local colleges and universities. In addition, a number of 55 employees successfully completed their professional certifications during various programmes.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store