Latest news with #OmanFlourMills
Zawya
14-05-2025
- Business
- Zawya
New partnership between Oman Flour Mills & Elevatus brings AI-powered hiring to the food industry
Oman Flour Mills (OFM), one of the leading national companies in the food manufacturing sector, has announced a strategic partnership with Elevatus, the award-winning provider of AI-powered recruitment solutions. This collaboration aims to enhance the efficiency of OFM's hiring operations by automating processes and offering an advanced candidate experience that aligns with the company's ongoing vision of innovation and development. This step comes in line with OFM's strategy to adopt cutting-edge technologies that contribute to accelerating recruitment processes, improving communication with candidates, and ensuring the selection of top-tier talent. Elevatus' platform will empower OFM's HR team to effectively manage all stages of the hiring journey — from posting jobs to welcoming new hires. Safiya Adam, Human Resources Director at Oman Flour Mills, commented: 'Our partnership with Elevatus is a major step toward building a future-ready recruitment process. By eliminating manual bottlenecks and introducing intelligent automation, we're not only optimizing internal efficiency but also ensuring a professional and engaging experience for every candidate.' With Elevatus' solutions, OFM can now send personalized messages to candidates with real-time updates on their application status — elevating the candidate experience and reinforcing the company's professionalism in talent engagement. Nadin Zureikat, Chief Revenue Officer at Elevatus, added: 'We are proud to partner with Oman Flour Mills — a national icon in food manufacturing. By leveraging our all-in-one recruitment platform, OFM will be empowered to attract, assess, and hire top talent effortlessly, while delivering a world-class candidate experience aligned with their brand values.' The collaboration is a testament to Elevatus' expanding footprint in Oman— supporting the nation's top enterprises with AI-powered recruitment solutions that are faster, smarter, and built to scale. In addition, this partnership reflects OFM's commitment to keeping pace with digital transformation and solidifies its position as an employer of choice that embraces innovation across all aspects of the workplace. © Muscat Media Group Provided by SyndiGate Media Inc. (
Times of Oman
13-05-2025
- Business
- Times of Oman
New Partnership Between Oman Flour Mills & Elevatus Brings AI-Powered Hiring to the Food Industry
Oman Flour Mills (OFM), one of the leading national companies in the food manufacturing sector, has announced a strategic partnership with Elevatus, the award-winning provider of AI-powered recruitment solutions. This collaboration aims to enhance the efficiency of OFM's hiring operations by automating processes and offering an advanced candidate experience that aligns with the company's ongoing vision of innovation and development. This step comes in line with OFM's strategy to adopt cutting-edge technologies that contribute to accelerating recruitment processes, improving communication with candidates, and ensuring the selection of top-tier talent. Elevatus' platform will empower OFM's HR team to effectively manage all stages of the hiring journey — from posting jobs to welcoming new hires. Safiya Adam, Human Resources Director at Oman Flour Mills, commented: 'Our partnership with Elevatus is a major step toward building a future-ready recruitment process. By eliminating manual bottlenecks and introducing intelligent automation, we're not only optimizing internal efficiency but also ensuring a professional and engaging experience for every candidate.' With Elevatus' solutions, OFM can now send personalized messages to candidates with real-time updates on their application status — elevating the candidate experience and reinforcing the company's professionalism in talent engagement. Nadin Zureikat, Chief Revenue Officer at Elevatus, added: 'We are proud to partner with Oman Flour Mills — a national icon in food manufacturing. By leveraging our all-in-one recruitment platform, OFM will be empowered to attract, assess, and hire top talent effortlessly, while delivering a world-class candidate experience aligned with their brand values.' The collaboration is a testament to Elevatus' expanding footprint in Oman— supporting the nation's top enterprises with AI-powered recruitment solutions that are faster, smarter, and built to scale. In addition, this partnership reflects OFM's commitment to keeping pace with digital transformation and solidifies its position as an employer of choice that embraces innovation across all aspects of the workplace.
Zawya
13-05-2025
- Business
- Zawya
Oman: Wheat production expected to exceed 7,700t
Muscat – Farmers across Oman have started harvesting this season's wheat crop, with officials projecting total production from four key governorates to exceed 7,700 tonnes. In Dhofar's Najd region, the 2024-2025 harvest began in early April under the supervision of Directorate General of Agriculture, Fisheries and Water Resources, in cooperation with Agricultural and Fisheries Development Fund. Around 6,400 acres have been cultivated across 52 farms, with production expected to reach up to 6,000 tonnes. Fael Mohammed al Jahfali, Director General of Agriculture, Fisheries and Water Resources in Dhofar, said the cultivation area has dropped from 7,600 acres last season, attributing the decline to farmers diversifying into other crops in response to changing environmental and economic conditions. 'Many farmers are opting for crops like onions, tomatoes, fodder, garlic and other vegetables that need less water and generate quicker returns,' he added. Jahfali also informed that 13 harvesters are currently supporting the wheat harvesting process in Dhofar. Ministry of Agriculture, Fisheries and Water Resources, in cooperation with the Agricultural and Fisheries Development Fund, supplied 30 tonnes of wheat seeds at 50% subsidy for the 2024-2025 season. Harvesting machinery has also been provided free of charge, while Oman Flour Mills Company is managing the collection process from farmers. Jahfali described wheat as one of Oman's most strategic crops, noting that the Najd area offers strong potential for expansion due to its large cultivable land and accessible groundwater. According to Salem bin Musabah al Kalbani, Director of Agricultural Development Department in Dhahirah, 1,350 acres have been allocated for wheat cultivation under food security projects through usufruct contracts, of which 250 acres have been cultivated this year, with production expected to reach 1,000 tonnes. 'The ministry is actively supporting wheat farmers with technical guidance and field supervision,' Kalbani said. Last season, more than ten tonnes of subsidised seeds were distributed, besides modern irrigation systems and harvesting equipment. In Dakhliyah, farmers in the wilayat of Adam have also begun harvesting. Saeed bin Hamad al Raqmi, Head of the Agricultural Development and Water Resources Section, said wheat is a popular crop due to relatively low water requirements, nutritional value and affordability. This year, 106 acres have been planted in Adam, with production expected to reach 120 tonnes, up from 72 tonnes last season. In Buraimi, too, harvesting commenced last month. Nasser bin Ali al Marshoudi, Director General of Agriculture and Water Resources, said more than 200 acres have been planted, with production forecast to exceed 250 tonnes. 'Over seven tonnes of high-quality seeds were distributed among farmers for the 2024-2025 season,' he said. © Apex Press and Publishing Provided by SyndiGate Media Inc. (
Zawya
08-05-2025
- Business
- Zawya
Oman receives largest-ever shipment of Australian wheat
MUSCAT: The Sultanate of Oman received its largest shipment of Australian wheat, marking a milestone in its agricultural trade and food security efforts. The vessel MV Vela Star arrived at Salalah Port this week, carrying 726,815 metric tonnes of premium Australian wheat — Oman's largest single wheat consignment to date. Shipped from Port Kembla, New South Wales, the wheat is consigned to Salalah Mills Co SAOG and Oman Flour Mills Co SAOG — two of the country's leading publicly listed flour producers. The vessel was chartered by Salalah Grains International DMCC, a subsidiary of Salalah Mills registered in Dubai Multi Commodities Center. The unloading will take place at Salalah Port and Sultan Qaboos Port in Muscat. Unlike previous shipments which often included mixed grains shared across regional markets, this exclusive, wheat-only delivery reflects a strategic shift in procurement and reinforces Oman's growing demand for high-quality wheat sourced directly from origin. The successful coordination across global shipping, procurement, and port logistics demonstrates the maturity of Oman's food supply chain capabilities. Oman imports around 400,000 metric tonnes of Australian wheat annually, primarily Australian Premium White, Prime Hard, and Soft White grades. Ahmed Alawi Abdullah Al Dhahab, CEO of Salalah Mills, praised the coordination behind this achievement and acknowledged the support of Haitham Al Fannah, CEO of Oman Flour Mills Co. Al Fannah noted the significance of the collaboration in securing high-quality wheat for the nation. This shipment aligns with Salalah Mills' long-term strategy to secure high-quality raw materials and optimise sourcing efficiency for its growing downstream operations. This landmark shipment not only strengthens Oman-Australia trade ties but also secures a reliable wheat supply for Oman's milling industry, supporting food security and economic resilience. Further such strategic bulk shipments are planned to strengthen Oman's grain reserves and stabilise input costs in a dynamic global market.
Zawya
07-04-2025
- Business
- Zawya
Ahlibank facilitates the issuance of the Sultanate's first Islamic commercial paper for Oman Flour Mills
Muscat: In a landmark transaction that underscores its leadership in Islamic finance and commitment to financial innovation, ahlibank Investment Banking Division acted as the financial advisor to Oman Flour Mills for the issuance of the Sultanate of Oman's first Islamic Commercial Paper (ICP) raising OMR 10 million. ahli Islamic acted as the sharia-structuring advisor and Investment Agent for the issuance. The proceeds of this 365-day instrument will be used to finance the working capital needs of Oman Flour Mills at a competitive rate. This milestone marks a significant advancement in Oman's Islamic capital market by introducing a structured, Sharia-compliant short-term liquidity instrument for corporate financing. By spearheading this initiative, ahlibank reaffirms its role as a key enabler of market development, bridging corporate funding needs with innovative Islamic financial solutions. Hanaa Al Kharusi, Senior General Manager – Wholesale Banking at ahlibank, stated, 'At ahlibank, we aim to craft win-win solutions which help meet the objectives of the corporates as well as the investors. Our goal is to drive financial inclusion, expand market opportunities, and support the nation's economic diversification. Through structured short-term liquidity solutions, we are enabling corporates to optimize working capital efficiently by diversifying their funding sources. This achievement paves the way for further advancements in Sharia-compliant financial instruments, positioning Oman as a dynamic hub for Islamic finance. As we continue to lead in this space, ahlibank remains dedicated to structuring solutions that not only benefit our customers but also contribute meaningfully to the nation's economic ambitions.' Commenting on this success, Haitham Al Saadi, CFO at Oman Flour Mills, said, 'The successful issuance of Oman's first Islamic Commercial Paper is a significant milestone for Oman Flour Mills as we continue to optimise our liquidity management through Sharia-compliant financing solutions. This transaction enables us to access competitive short-term funding while supporting the development of Oman's Islamic capital market. We appreciate the collaboration with ahlibank's Investment Banking Division and ahli Islamic in structuring this innovative financial instrument, which aligns with our commitment to financial sustainability and market-leading practices.' Commercial papers play a vital role in filling a gap by enabling high-grade corporates to raise short-term financing directly from investors. Further, Islamic Commercial Papers can help companies reduce their reliance on conventional borrowings and move toward becoming Shariah compliant. The ICP issuance was met with strong investor demand from pension funds, money market funds and Islamic Banks, and received demand of 1.4 times the issue size, reflecting confidence in both the market and ahlibank's expertise in structuring Islamic financial products. By facilitating this transaction, the bank has further cemented its position as a strategic driver of product innovation in the Islamic finance sector, paving the way for future issuances and broader market participation.
