Latest news with #OMR700
Times of Oman
14-04-2025
- Business
- Times of Oman
Enjoy great benefits with Al-Rifaa Privilege Banking Account
Muscat: BankDhofar's Al Rifaa Privilege Banking Account is designed to provide customers with more than just premium banking services—it also offers a suite of lifestyle benefits tailored to meet their unique needs. Al Rifaa Privilege Banking combines personalised financial services with exclusive perks, including preferential rates on deposits and priority processing of transactions. This innovative product redefines premium banking, delivering superior customer experience, blending financial excellence with bespoke offers and services. Setting a new benchmark for personal banking services, Al Rifaa account holders enjoy priority transaction processing through BankDhofar's Branches and Call Centre along with additional deposit interest rates of up to 0.15%, along with preferential rates on high-yield savings accounts. A standout feature of the Al Rifaa account is the Platinum MasterCard Credit Card, which comes with a diverse collection of exclusive offers and services, including access to airport lounges in select countries, special offers, and reward points on both local and international purchases. Furthermore, account holders gain access to personal accident, car, and travel insurance, underscoring BankDhofar's commitment to complementing their lifestyles with excellence in every aspect. Muhannad bin Mahmoud Al Raisi, Head of Al Rifaa Privilege Banking said: 'We believe that banking is not just about transactions; it goes beyond that to fulfill dreams and enhance lifestyles. With Al Rifaa Account, we are working to raise the bar on personal banking services offered in the Sultanate of Oman.' As Oman's second-largest bank by branch network, BankDhofar is renowned for delivering integrated financial services to corporate and individual customers. Its adherence to international best practices, coupled with a strong emphasis on digital and technological innovation, ensures a superior banking experience across its diverse customer base. Existing customers with a minimum monthly salary of OMR700 or an average monthly deposit balance of OMR10,000 at BankDhofar can upgrade their current account to Al Rifaa Privilege Banking Account. BankDhofar remains committed to its vision of offering high-quality services to all customer segments. This commitment has positioned the bank among the best in the region. For more information, customers can visit any of BankDhofar's 131 branches including Dhofar Islamic, across Oman or access services through its extensive network of over 350 ATMs, cash deposit machines, and multi-use devices.
Times of Oman
25-02-2025
- Business
- Times of Oman
Nama Water Services unveils strategic projects in water sector
Muscat: Nama Water Services Company signed four agreements to implement strategic projects in the water sector. The projects included the design and implementation of water distribution networks in the wilayats of Ibri, Yanqul and Dhank in A'Dhahirah Governorate (Packages 1 and 2), the construction of water networks in the wilayats of Samail and Izki in A'Dakhiliyah Governorate and the construction of wastewater networks in Al Ansab in Muscat Governorate. This was unveiled at a ceremony organised by the company in Muscat on Tuesday under the auspices of Dr. Saud bin Hamoud Al Habsi, Minister of Agriculture, Fisheries and Water Resources. In a speech at the ceremony, Qais bin Saud Al Zakwani, CEO of Nama Water Services Company, said that the company seeks to achieve sustainability and ensure water security in the Sultanate of Oman by implementing a package of current and future strategic projects across different governorates. Al Zakwani added that the company is currently implementing 27 projects to the tune of more than OMR700 million to enhance the water and wastewater system in the governorates and wilayats covered by the company's services—from Musandam to Al Wusta. He said that the projects contribute OMR193 million to the in-country value (ICV). Al Zakwani pointed out that these projects enhance water networks in the Sultanate of Oman to cover more than 72.80 percent at a time the number of beneficiaries of the company's services grew to 937,970. Speaking in detail, he said that the projects include a water transmission project connecting the desalination plant in Sohar to A'Dhahirah Governorate, a water system enhancement project connecting the desalination plants in Barka and Sohar, A'Dakhiliyah Governorate's water transmission enhancement system project and a water transmission system enhancement project between the governorates of South A'Sharqiyah and North A'Sharqiyah. Al Zakwani explained that the Omanization initiative launched by the company through permanent contracts with companies supporting its work helped generate 885 jobs in the water sector. This, he said, contributed to raising the percentage of Omanization in these companies to 84 percent.
