Latest news with #AbdulazizalBalushi
Muscat Daily
22-05-2025
- Business
- Muscat Daily
Ominvest publishes third Sustainability Report
Muscat – Ominvest announced the release of its third Sustainability Report for the fiscal year 2024, marking a transformative year of progress across its sustainability journey. This report underscores the Group's deepened commitment to responsible investing practices, transparent disclosure, and alignment with international recognized ESG standards. The 2024 report details key strategic milestones, including the alignment of Ominvest's ESG strategy with MSX and relevant global frameworks. Notably, Ominvest integrated ESG due diligence into its investment process, conducted its first double materiality assessment, and completed a comprehensive review of its sustainability strategy and related policies. The company also launched its first recycling partnership, and implemented Group-wide ESG training and ISSB capacity-building initiatives, reinforcing its commitment to fostering a sustainability-conscious organization. Abdulaziz al Balushi, Group CEO of Ominvest, commented, 'The publication of our third Sustainability Report marks a significant step forward in Ominvest's ongoing sustainability journey. This report reaffirms our steadfast commitment to responsible investing, transparent disclosure, and alignment with global ESG benchmarks. The milestones achieved in 2024 reflect our proactive approach to cultivating a more sustainable and resilient future for all our stakeholders.' Waleed al Yarubi, Chief People, Corporate Communication and Sustainability Officer at Ominvest, added, 'Our achievements in 2024 underscore Ominvest's ambitions to establish new standards for ESG excellence within the region, and demonstrate the effectiveness of cross-functional collaboration across the Group. From preparing for ISSB adoption to refining our policies, we are building a more agile and accountable ESG foundation, with the objective of driving positive impact and sustainable growth throughout our portfolio and beyond.' As the sustainability landscape continues to evolve, Ominvest remains committed to lead the drive towards sustainable investment and setting benchmarks for the regional investment ecosystem — further reinforcing its role as a responsible investor and corporate leader.
Observer
23-03-2025
- Business
- Observer
Takaful Oman clinch Ominvest Ramadhan football title
MUSCAT, MARCH 23 The highly anticipated Third Ominvest Ramadhan Football Championship, concluded successfully after two weeks of intense competition and memorable moments. Held under the esteemed auspices of Abdulaziz al Balushi, Group CEO of Ominvest, the tournament, which took place at the Military Technological College from March 2 to March 11, exemplified the Group's dedication to promoting sports and people well-being, active lifestyles and fostering a strong sense of unity. The final match delivered an unforgettable spectacle as Takaful Oman emerged victorious over Liva Insurance in a nail-biting penalty shootout (4-4 FT then 2-0 on penalties). The event was graced by the presence of Ominvest executives, CEOs from participating companies, and spectators supporting each team. Abdulaziz al Balushi, reflected on the championship's impact, stating: 'This event has been a truly exceptional experience, with participants displaying remarkable competitiveness and outstanding performances. The final match was particularly exciting, showcasing the dedication and teamwork of both finalists. We are proud that this championship has evolved beyond just a sporting event, becoming a platform for strengthening professional relationships and fostering a collaborative corporate culture within the Ominvest Group.' Waleed al Yaarubi, Chief People, Corporate Communication and Sustainability Officer, added, 'Beyond the excitement of the matches, this championship embodies our commitment to holistic well-being. By fostering a culture of health and active engagement, we are directly contributing to the achievement of the third United Nations Sustainable Development Goal (SDG) — ensuring healthy lives and promoting well-being for all at all ages. This initiative strengthens our social fabric and reinforces our dedication to creating a thriving and sustainable community." This year's edition saw an expansion with the inclusion of Bank Muscat for the first time, alongside the participation of Oman Arab Bank, Takaful Oman, Ubhar Capital, DreamLab Technologies, National Finance, Alizz Islamic Bank, Liva Insurance and Thawani. The Ominvest Ramadhan Football Championship continues to solidify its position as a cornerstone of the Group's corporate social responsibility and sustainability initiatives. Ominvest remains steadfast in its commitment to organising future editions, further cementing its role in promoting a healthy and vibrant community in Oman.
