Latest news with #SayyidShihabbinTarikAlSaid
Observer
28-05-2025
- Politics
- Observer
President of Iran leaves Oman
Muscat: President Dr Masoud Pezeshkian of the Islamic Republic of Iran and his accompanying delegation left the Sultanate of Oman after a two-day official visit. HH Sayyid Shihab bin Tarik al Said, Deputy Prime Minister for Defence Affairs led the farewell party for President Pezeshkian at the Royal Airport. The Iranian President was also seen off by Sayyid Badr bin Hamad al Busaidi, Foreign Minister (Head of the Mission of Honour) and Ibrahim Ahmed al Muaini, Ambassador of the Sultanate of Oman to the Islamic Republic of Iran. During his visit to the Sultanate of Oman, the Iranian President was accompanied by an official delegation comprising Abbas Araghchi, Minister of Foreign Affairs, Mohsen Haji-Mirzaei, Head of the President's Office, Mohammad Atabek, Minister of Industry, Mining, and Trade, Head of the Iranian side in the Oman-Iran Economic Cooperation Joint Committee, Air Commodore Aziz Nasirzadeh, Minister of Defence and Logistics of the Armed Forces, Gholamhossein Zarei, Deputy Chairman of the Parliament, Mohammad-Reza Farzin, Governor of the Central Bank of Iran, Masoumeh Aghapour Alishahi, Advisor to the President for Economic Cooperation Affairs, Mousa Farhang, Ambassador of the Islamic Republic of Iran to the Sultanate of Oman and several officials from the Iranian government.
Zawya
30-04-2025
- Business
- Zawya
Sohar International participates as strategic partner at Advantage Oman Forum 2025
Muscat: Reaffirming its position as a catalyst for national progress and sustainable economic transformation, Sohar International participated as the Strategic Partner of the Advantage Oman Forum 2025 — an exclusive, high-level gathering held recently at the St. Regis Al Mouj Resort in Muscat. The two-day event was graced by the presence of His Highness Sayyid Shihab bin Tarik Al Said, Deputy Prime Minister for Defence Affairs, and was organized by the Ministry of Commerce, Industry, and Investment Promotion in collaboration with Invest Oman. The opening ceremony was attended by Mr. Abdulwahid Mohamed Al Murshidi, Chief Executive Officer of Sohar International, along with other members of the Bank's executive management team — further emphasizing the Bank's leadership presence and strategic involvement in national initiatives. Bringing together over 250 prominent figures, including senior officials, decision-makers, and regional and international investors, the forum underscored Oman's position as a promising investment destination. It convened a distinguished cohort of senior government representatives, global investors, and influential business leaders to explore Oman's dynamically evolving investment landscape and examine the global megatrends shaping the nation's future economic trajectory. By aligning with the Ministry of Commerce, Industry, and Investment Promotion, Sohar International underscores its commitment to advancing Oman's strategic vision and enhancing the country's global investment appeal. Mr. Abdulwahid Mohamed Al Murshidi, Chief Executive Officer of Sohar International remarked, 'Our involvement in the Advantage Oman Forum reflects Sohar International's deep-rooted belief in the power of strategic dialogue to influence real-world outcomes. While capital mobilizes projects, it is foresight, knowledge exchange, and collaborative ambition that turn visions into impact. These forums serve as catalysts for precisely that—bringing together change-makers, innovators, and decision-makers who are reimagining what's possible for Oman and the wider region. At Sohar International, we view our role not just as financial facilitators, but as active partners in the nation's economic evolution—championing fresh perspectives, incubating bold ideas, and creating the conditions for sustained, inclusive growth.' As part of its participation at the forum, Sohar International hosted a dedicated stall, offering an interactive platform to engage with stakeholders, investors, and delegates on the bank's latest initiatives, financial solutions, and strategic vision. Adding further depth to the bank's involvement, Mr. Abbas Al Lawati, Executive Vice President – Investment Banking, FIG, and International Operations at Sohar International, delivered a presentation titled 'Banking Beyond Lending' highlighting how the banking model is evolving from basic transactional services to globally integrated, tech-driven solutions — a shift that enables banks to diversify offerings, boost efficiency, and drive sustainable growth. As Oman continues to amplify its global investment appeal through world-class infrastructure, investor-friendly regulations, and a progressive development policy, Sohar International remains steadfast in supporting the nation's ambitions, advancing opportunities that create shared value for people, partners, and the economy at large. About Sohar International With the vision to become a world-class Omani services company that helps customers, community and people to prosper and grow, Sohar International operates with a purpose to help people 'win' by delivering responsive banking for their ever-changing world, complementing their growth and prosperity with international standard service delivery. The Bank seeks to redefine banking in Oman through transformational developments centred on the principles of More Velocity, making everything simple and fast; More Value, ensuring relevance and connectivity to customers' world; and More Vision, liberating stakeholders through talented leadership.
Times of Oman
28-04-2025
- Politics
- Times of Oman
Deputy Prime Minister for Defence Affairs chairs Social Protection Committee meeting
Muscat: The ministerial committee entrusted with the Social Protection Scheme held a meeting today under the chairmanship of HH Sayyid Shihab bin Tarik Al Said, Deputy Prime Minister for Defense Affairs and Chairman of the Committee. The committee began its meeting by reviewing the implementation status of the decisions issued in its first meeting this year. It discussed several agenda items and examined proposals submitted by relevant authorities regarding the social protection system, deliberating on all aspects and taking appropriate decisions. It is worth noting that among the main objectives of the Social Protection Committee is evaluating and monitoring the performance of the social protection system to ensure fair, effective, and sustainable insurance coverage for all segments of society, in line with the outlined goals of the social protection system.
Zawya
28-04-2025
- Business
- Zawya
First International Investment Forum "Advantage Oman" launched
Muscat: His Highness Sayyid Shihab bin Tarik Al Said, Deputy Prime Minister for Defence Affairs, sponsored the launch of the First International Investment Forum "Advantage Oman" organised by the Ministry of Commerce, Industry and Investment Promotion at the St. Regis Al Mouj Resort in Muscat. The two-day event, which is being held with the participation of more than 250 senior officials, decision-makers, and regional and international investors, highlights the Sultanate of Oman as a promising investment destination. In his opening speech , His Excellency Qais bin Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion, emphasised that organising the International Investment Forum is the first of its kind in the Sultanate of Oman and a strategic event that attracts prominent decision-makers, leaders, businessmen, and investors from various countries and across various promising sectors. This is in light of the remarkable growth the Sultanate of Oman has witnessed and is witnessing across various economic and investment sectors, supported by rising international indicators. In his speech, His Excellency noted that the timing of the forum comes at a time when the Sultanate of Oman is witnessing increasing momentum in its economic and investment sectors. The Sultanate of Oman witnessed a significant increase in foreign direct investment flows of 16.2 percent in the third quarter of 2024 compared to the same period in 2023. The Sultanate's credit rating was also raised to BBB- with a stable outlook by Standard & Poor's. His Excellency the Minister of Commerce, Industry and Investment Promotion stated that the gross domestic product is expected to grow by 3.4 percent this year, outperforming the performance of many economies around the world, reflecting the strength of the national economy and the confidence of global markets. The first day of the forum featured five main sessions addressing the most prominent global economic trends. The first session discussed the future, anticipating major transformations, and the impact of advanced technologies such as artificial intelligence, climate technologies, and hyper-connectivity on the global economy. It focused on the need to embrace innovation and sustainability as pillars of competitiveness in an ever-changing world. The second session, titled "The Equation of Risk and Opportunity in a Changing World," addressed the importance of taking calculated risks as key to organizational success. It highlighted the culture of risk-taking and the role of psychological safety, and showcased examples of organisations that have achieved success through bold decisions in times of change. The third session, titled "Decisions in the Business World - Environmental Challenges and Corporate Responsibility," discussed corporate responsibility towards climate change and biodiversity loss. It proposed solutions such as the circular economy and green technologies, emphasising the importance of public-private cooperation to preserve the environment. The fourth session reviewed creative leadership in a rapidly changing world and how leadership can transcend traditional approaches by adopting an artist's mindset—bold and non-linear—with real-life examples of organizations that have reinvented themselves through creativity. His Highness Sayyid Shihab bin Tarik Al Said, Deputy Prime Minister for Defence Affairs, toured the exhibition accompanying the forum, which featured the participation of several government agencies and private sector institutions. The fifth session addressed the importance of storytelling in building trust and brand loyalty, and how organisations can transform data and values into narratives that reach audiences and leave a lasting impact. The second day of the forum will include dialogue sessions with decision-makers, opening channels of communication with investors and building quality partnerships, presenting an investor's success story, signing new investment partnerships, and holding specialised roundtables in a number of priority sectors, such as tourism, logistics, mining, food security, renewable energy, and information technology. © Muscat Media Group Provided by SyndiGate Media Inc. ( T
Times of Oman
27-04-2025
- Business
- Times of Oman
First International Investment Forum "Advantage Oman" launched
Muscat: His Highness Sayyid Shihab bin Tarik Al Said, Deputy Prime Minister for Defence Affairs, sponsored the launch of the First International Investment Forum "Advantage Oman" organised by the Ministry of Commerce, Industry and Investment Promotion at the St. Regis Al Mouj Resort in Muscat. The two-day event, which is being held with the participation of more than 250 senior officials, decision-makers, and regional and international investors, highlights the Sultanate of Oman as a promising investment destination. In his opening speech , His Excellency Qais bin Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion, emphasised that organising the International Investment Forum is the first of its kind in the Sultanate of Oman and a strategic event that attracts prominent decision-makers, leaders, businessmen, and investors from various countries and across various promising sectors. This is in light of the remarkable growth the Sultanate of Oman has witnessed and is witnessing across various economic and investment sectors, supported by rising international indicators. In his speech, His Excellency noted that the timing of the forum comes at a time when the Sultanate of Oman is witnessing increasing momentum in its economic and investment sectors. The Sultanate of Oman witnessed a significant increase in foreign direct investment flows of 16.2 percent in the third quarter of 2024 compared to the same period in 2023. The Sultanate's credit rating was also raised to BBB- with a stable outlook by Standard & Poor's. His Excellency the Minister of Commerce, Industry and Investment Promotion stated that the gross domestic product is expected to grow by 3.4 percent this year, outperforming the performance of many economies around the world, reflecting the strength of the national economy and the confidence of global markets. The first day of the forum featured five main sessions addressing the most prominent global economic trends. The first session discussed the future, anticipating major transformations, and the impact of advanced technologies such as artificial intelligence, climate technologies, and hyper-connectivity on the global economy. It focused on the need to embrace innovation and sustainability as pillars of competitiveness in an ever-changing world. The second session, titled "The Equation of Risk and Opportunity in a Changing World," addressed the importance of taking calculated risks as key to organizational success. It highlighted the culture of risk-taking and the role of psychological safety, and showcased examples of organisations that have achieved success through bold decisions in times of change. The third session, titled "Decisions in the Business World - Environmental Challenges and Corporate Responsibility," discussed corporate responsibility towards climate change and biodiversity loss. It proposed solutions such as the circular economy and green technologies, emphasising the importance of public-private cooperation to preserve the environment. The fourth session reviewed creative leadership in a rapidly changing world and how leadership can transcend traditional approaches by adopting an artist's mindset—bold and non-linear—with real-life examples of organizations that have reinvented themselves through creativity. His Highness Sayyid Shihab bin Tarik Al Said, Deputy Prime Minister for Defence Affairs, toured the exhibition accompanying the forum, which featured the participation of several government agencies and private sector institutions. The fifth session addressed the importance of storytelling in building trust and brand loyalty, and how organisations can transform data and values into narratives that reach audiences and leave a lasting impact. The second day of the forum will include dialogue sessions with decision-makers, opening channels of communication with investors and building quality partnerships, presenting an investor's success story, signing new investment partnerships, and holding specialised roundtables in a number of priority sectors, such as tourism, logistics, mining, food security, renewable energy, and information technology.
