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Oman gifts mural to WTO to mark Royal visit
Oman gifts mural to WTO to mark Royal visit

Observer

time4 days ago

  • Business
  • Observer

Oman gifts mural to WTO to mark Royal visit

Geneva: Oman has gifted a commemorative mural to the World Trade Organization (WTO) to mark the visit of HH Sayyid Bilarab bin Haitham al Said, Honorary President of the 'Programme of Promising Omani Startups' (POPS) to the WTO headquarters on June 21, 2023. The artwork, created by Omani artist Salim bin Khamis al Salami, highlights Oman's heritage, natural diversity and forward-looking vision. Selected through a national competition, it will be displayed permanently at the WTO's central hall in Geneva. The initiative, led by the Ministry of Commerce, Industry and Investment Promotion with support from the Ministry of Culture, Sports and Youth, reflects Oman's use of art in cultural diplomacy and global engagement under Oman Vision 2040. Qais bin Mohammed al Yousef, Minister of Commerce, Industry and Investment Promotion, said the mural symbolises Oman's commitment to international dialogue through art. Ambassador Idris al Khanjari added it stands as a lasting symbol of Oman's strong ties with the WTO.

Real estate conference opens with RO 2.3 bn deals
Real estate conference opens with RO 2.3 bn deals

Observer

time19-05-2025

  • Business
  • Observer

Real estate conference opens with RO 2.3 bn deals

Muscat, May 19 Under the auspices of HH Sayyid Bilarab bin Haitham al Said, Honorary President of the 'Programme of Promising Omani Startups', the 20th edition of the Oman Real Estate Conference and Exhibition officially kicked off on Monday. The event is taking place until May 24 at the Oman Convention and Exhibition Centre, organised by the Ministry of Housing and Urban Planning in cooperation with the Oman Real Estate Association and Connect Company. The national platform brings together local and international investors, real estate developers, and experts to showcase major projects, highlight promising investment opportunities, and build effective partnerships between the public and private sectors in line with Oman's efforts to enhance the business environment and support sustainable urban growth while the accompanying exhibition offers potential buyers the chance to explore a diverse range of residential units and real estate projects presented by leading developers. On the opening day, two major projects were unveiled, marking significant additions to Oman's urban development landscape. The first project is the launch of Al Thuraya City in the Wilayat of Baushar as a smart city, and the first phase includes more than 2,600 housing units distributed across eight integrated neighbourhoods, accommodating more than 8,000 people. At an altitude of 2,400 metres above sea level, the Al Jabal Al Aali Project was launched as a unique global mountain destination. It spans an area of 11.8 square kilometres and includes three main villages accommodating more than 10,000 people. As part of the conference's opening, nine partnership and development agreements worth over RO2.3 billion were signed. These include major development projects in Sultan Haitham City and Al Thuraya City, expanding Oman's urban growth map and opening new horizons for real estate investment. KEY AGREEMENTS Two major real estate and tourism development agreements were signed with Talaat Moustafa Group worth over RO1.7 billion to develop districts (7), (8), (9), (11), (12A), and (12B) in Sultan Haitham City on more than 2.6 million square metres. The project includes various residential units such as villas, apartments, and mixed-use buildings, alongside integrated services including mosques, parks, green spaces and a social and sports club. A tourism project in Al Seeb covering over 2.2 million square metres, featuring a hotel, residential areas with waterfront views, artificial lakes and a marina, adding significant value to Oman's tourism sector. A development agreement worth over RO 150 million with Idraak Real Estate Development Company to develop districts (6C) and (6D) in Sultan Haitham City, in addition to awarding a site preparation tender for Package (1A) worth over RO 6 million. A new hotel project in collaboration with the global LUX Collection brand, valued at RO 45 million, to develop the first 4-star hotel complex in Sultan Haitham City's January Residences. An usufruct agreement worth RO 2 million was signed with Al Siyabi Group to establish a precast concrete factory in Halban, Barka. This project is expected to reduce construction time by 40 per cent compared to traditional methods and support local employment. An agreement worth over RO 240 million was signed to develop District (6) in Al Thuraya City, covering 285,000 square metres and including 1,000 residential units. Two tenders worth RO 13 million were also awarded for site preparation and engineering consultancy services. Additionally, an international competition was announced for the design of the city's third phase, aimed at making it a hub for adventure and mountain sports. An agreement worth RO 200 million was signed to develop the Health District in the western village, covering 630,000 square metres and offering 500 residential and hotel units, reinforcing Al Jabal Al Aali position as a destination for health and eco-tourism. On the sidelines of the conference, 23 agreements were signed with service providers to implement infrastructure for eight projects under the 'Sorouh' initiative, covering water, electricity, and telecom networks. Eight new investment opportunities were announced in Al Batinah South, Al Sharqiyah South, Dhofar, Muscat and Al Dakhiliya

HH Sayyid Bilarab visits eMushrif
HH Sayyid Bilarab visits eMushrif

Observer

time12-05-2025

  • Business
  • Observer

HH Sayyid Bilarab visits eMushrif

Muscat: HH Sayyid Bilarab bin Haitham al Said, Honorary President of the Promising Omani Startups Programme, paid a field visit to eMushrif, a leading startup enterprise in the logistics technology sector, on Monday. The company specializes in providing safe and smart school transportation using the latest technologies related to student safety, in addition to the Internet of Things (IoT) and artificial intelligence (AI). This visit reflects HH Sayyid Bilarab's keenness on supporting and empowering Omani startups and enhancing their role in the national economy. Sayyid Bilarab reviewed the company's most prominent solutions for student safety on school buses, including equipping them with smart electronic devices that enable parents and service providers to monitor the safety of their children through smartphone applications, IoT technologies, artificial intelligence and big data analysis. The company reviewed its expansion plans in several regional countries as it has offices and subsidiaries in the United Arab Emirates, the Kingdom of Saudi Arabia, the State of Kuwait, the Arab Republic of Egypt, the People's Republic of China and the Republic of Turkey. At the conclusion of the visit, Sayyid Bilarab commended the company's efforts in advanced technologies, its technological progress and its regional expansion. He emphasized the important role played by startups in promoting innovation and building a sustainable economic future. Sayyid Bilarab was accompanied during the visit by Dr Rahma bint Ibrahim al Mahrouqiyah, Minister of Higher Education, Research, and Innovation; Halima Rashid al Zar'aiyah, Chairperson of the Authority for Small and Medium Enterprises Development and Engineer Said bin Abdullah al Mandhari, CEO, ITHCA Group. The visit is part of a series of visits by HH Sayyid Bilarab to support startups. It is his second visit, following his visit to Thawani last April to learn about the company's specialized digital financial solutions and services.

Sayyid Bilarab bin Haitham visits Thawani Technologies
Sayyid Bilarab bin Haitham visits Thawani Technologies

Muscat Daily

time28-04-2025

  • Business
  • Muscat Daily

Sayyid Bilarab bin Haitham visits Thawani Technologies

Muscat – H H Sayyid Bilarab bin Haitham al Said, Honorary President of the Promising Omani Startups Programme, visited Thawani Technologies, the Sultanate's first licensed financial technology company, as part of a series of visits aimed at encouraging promising startups, listening to their ambitions, and enhancing their contribution to the national economy. Established in 2016, Thawani has swiftly positioned itself at the forefront of Oman's fintech sector, delivering innovative digital financial services that support the nation's drive towards digital transformation under Oman Vision 2040. During a tour of Thawani's headquarters, His Highness Bilarab was introduced to the company's specialised services, including smartphone payment solutions, biometric payment technologies utilising facial recognition and palm print authentication, as well as the deployment of artificial intelligence, deep learning, and secure payment card systems. The company also showcased its most prominent achievements, such as securing the Innovation Unit Award for Entrepreneurship in 2020 and the title of Best FinTech Company in the Middle East for 2024. In addition, Thawani outlined its ambitious plans for regional and international expansion, reinforcing the growing influence of Omani startups on the global stage. His Highness Bilarab commended Thawani for its success in leveraging modern technologies to strengthen the digital payments and collections ecosystem in the Sultanate. He underscored the importance of startups continually developing their capabilities and staying abreast of the latest global innovations. Accompanying His Highness during the visit were H E Eng Said bin Hamoud al Maawali, Minister of Transport, Communications and Information Technology. H E Dr Saif bin Abdullah al Hadabi, Undersecretary of the Ministry of Higher Education, Scientific Research and Innovation for Scientific Research and Innovation, Eng Said bin Abdullah al Mandhari, CEO of the Omani Information and Communications Technology Group (Ithkaa) along with members of the Supervisory Committee of the Promising Omani Startups Programme.

H H Bilarab visits Thawani Technologies
H H Bilarab visits Thawani Technologies

Muscat Daily

time28-04-2025

  • Business
  • Muscat Daily

H H Bilarab visits Thawani Technologies

Muscat – H H Sayyid Bilarab bin Haitham al Said, Honorary President of the Promising Omani Startups Programme, visited Thawani Technologies, the Sultanate's first licensed financial technology company, as part of a series of visits aimed at encouraging promising startups, listening to their ambitions, and enhancing their contribution to the national economy. Established in 2016, Thawani has swiftly positioned itself at the forefront of Oman's fintech sector, delivering innovative digital financial services that support the nation's drive towards digital transformation under Oman Vision 2040. During a tour of Thawani's headquarters, His Highness Bilarab was introduced to the company's specialised services, including smartphone payment solutions, biometric payment technologies utilising facial recognition and palm print authentication, as well as the deployment of artificial intelligence, deep learning, and secure payment card systems. The company also showcased its most prominent achievements, such as securing the Innovation Unit Award for Entrepreneurship in 2020 and the title of Best FinTech Company in the Middle East for 2024. In addition, Thawani outlined its ambitious plans for regional and international expansion, reinforcing the growing influence of Omani startups on the global stage. His Highness Bilarab commended Thawani for its success in leveraging modern technologies to strengthen the digital payments and collections ecosystem in the Sultanate. He underscored the importance of startups continually developing their capabilities and staying abreast of the latest global innovations. Accompanying His Highness during the visit were H E Eng Said bin Hamoud al Maawali, Minister of Transport, Communications and Information Technology. H E Dr Saif bin Abdullah al Hadabi, Undersecretary of the Ministry of Higher Education, Scientific Research and Innovation for Scientific Research and Innovation, Eng Said bin Abdullah al Mandhari, CEO of the Omani Information and Communications Technology Group (Ithkaa) along with members of the Supervisory Committee of the Promising Omani Startups Programme.

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