Latest news with #ManagementSystem
Observer
05-05-2025
- Business
- Observer
Strategic agreements will boost port, public transport infrastructure
Asyad Group reaffirmed its pivotal role in shaping the Sultanate of Oman's logistics future by participating in the Logistics Day 2025 organized by the Ministry of Transport, Communications, and Information Technology. During the event, Asyad presented a paper titled 'Asyad's Role in Empowering Oman's Logistics Sector: Growth, Resilience, and Opportunities,' highlighting the pillars of its comprehensive strategy to develop a globally connected logistics network, expand its footprint across international markets, empower local private-sector players, and unlock opportunities for Omani talent. The presentation also shed light on the Group's 2024 milestones: a pivotal year marked by its first international acquisition. Asyad Ports and Freezones signed an agreement with O Bunkring Company to deliver bunker fuel services at Sultan Qaboos Port, enhancing Oman's maritime readiness and attracting new commercial activities. SOHAR Port and Freezone signed three major agreements to support the development of its LNG terminal. The port partnered with WSP Middle East – Oman for engineering consultancy and project management services, Boskalis for dredging 3.8 million cubic meters of marine material, and Six Construct for constructing the LNG jetty and coastal protection infrastructure. SOHAR Port and Freezone also received national recognition at the Ministry's Logistics Best Practices Awards. The 'Marasi' Port Management System won first place in the Continuous Improvement and Innovation category after achieving 90% digitalization in maritime operations and reducing paperwork by 85% through smart operating tools. The port also secured second place in the Net Zero category for pioneering the use of biodiesel produced from recycled cooking oil, in marine tugboats, a first for any port in the Middle East. Mwasalat signed two strategic agreements. These included a first-and-last-mile service development initiative connecting micro-mobility to public transport in select higher education institutions, in Muscat and Salalah, in partnership with the University of Technology and Applied Sciences; and an agreement to develop an integrated public transport station in North Al Batinah in coordination with the Office of the Governor of North Al Batinah.
Biz Bahrain
19-03-2025
- Business
- Biz Bahrain
Foulath Achieves ISO 22301:2019 Certification for Excellence in Business Continuity Management
Foulath Holding Group, the investment company dedicated to the sustainable development and growth of the regional steel industry, has secured the ISO 22301:2019 certification, an internationally recognised standard for excellence in business continuity management. The certification follows a rigorous audit conducted by Det Norske Veritas (DNV), the global leader in assessment, classification, and international accreditation services. This achievement underscores Foulath's commitment to strengthening business resilience and ensuring a swift and efficient response to risks, challenges, and unforeseen disruptions, thereby safeguarding operational continuity and service sustainability. The certification was secured within just two years of implementing the Business Continuity Management System (BCMS) and adhering to international best practices—an impressive milestone that adds to Foulath's distinguished record of achievements. ISO 22301:2019 is a globally recognised standard that provides organisations with a strategic framework to assess potential risks, implement measures to mitigate their impact, and ensure the continuity of critical operations and services during unexpected events. The certification, accredited under UKAS , was granted following an independent and thorough evaluation by DNV as a third-party certification body, covering multiple operational aspects, including process readiness, capabilities, and technological infrastructure. Commenting on this milestone, Dilip George, Group Chief Executive Officer of Foulath Holding Group, stated: ' Dilip George, Group Chief Executive Officer of Foulath Holding Group, commented: 'We are extremely proud to have achieved the ISO 22301:2019 certification, which reflects our commitment to ensuring the continuity of our operations in the face of unforeseen disruptions. This certification demonstrates our proactive approach to safeguarding critical business functions, maintaining resilience, and ensuring we can quickly adapt to challenges. By integrating global best practices through our Business Continuity Management System, we reinforce Foulath's commitment to long-term sustainability and operational resilience, solidifying our position as a reliable and trusted supplier of iron and steel products regionally.' This accomplishment marks the first time that Foulath has received ISO certification at the group level. Previously, both Bahrain Steel and SULB obtained various ISO certifications individually, and plans are underway for SULB Bahrain and SULB Saudi Arabia to secure ISO 22301:2019 accreditation by the end of the year.
