Latest news with #SheratonOmanHotel
Observer
30-04-2025
- Business
- Observer
Summit highlights Oman's growth in line with Oman Vision 2040
MUSCAT: The 16th OER Business Summit, held at the Sheraton Oman Hotel on April 30, brought together government and industry leaders to address the economic and human resource agenda of the country in line with Oman Vision 2040. The Summit was attended by Shaikh Salim bin Mustahail al Mashani and graced by HH Sayyid Mohammed bin Thuwaini al Said as Chief Guest. Organised by UMS Events, this year's edition was specifically about HR development—highlighting its central role in enabling Oman's long-term economic ambitions. In his opening statement, UMS Deputy CEO Said al Maashani said the Omani GDP would grow by 3.4 per cent in 2025 and surpass the majority of regional economies' performance. The growth reflects the realisation of the immediate implications of existing fiscal reforms and structural diversification on which Oman Vision 2040 stands. GDP is set to grow by 1.9 per cent at constant prices by Q3 2024, according to the National Centre for Statistics and Information (NCSI). Revenue has already recorded a rise to RO 12.67 billion—15.1 per cent over budgeted RO 11.01 billion—placing a forecast surplus of RO 0.54 billion in place of the initial forecast deficit of RO 0.64 billion. In addition to supporting international trust in the path of Oman, S&P Global Ratings recently improved the Sultanate's credit rating to 'BBB' with a stable outlook. Foreign direct investment also jumped to RO 26.6 billion as of Q3 end 2024, marking an increase of 16.2 per cent year on year. The Summit featured insightful keynote addresses from leading voices in finance, investment, and human capital, including Alkesh Joshi, EY Oman Tax Partner and MENA Sustainability Tax Leader; Reem al Taie from the Oman Investment Authority; and Wisal al Rashdi, HR Manager at WUJHA Development. Their contributions shed light on the strategic shifts taking place across sectors to align with the Oman Vision 2040 pillars of economic diversification, private sector empowerment, and workforce development. A high-level panel discussion titled 'Unlocking the Potential of Oman's Renewed Renaissance' brought together top executives and government officials from key institutions such as the Ministry of Energy and Minerals, ASYAD, Invest Oman, Jindal Steel Sohar, and Crowe Oman. Moderated by UMS Group Editor Mayank Singh, the dialogue reinforced how collaborative public-private action and talent development are essential to realising Oman Vision 2040's transformative goals.
Observer
04-03-2025
- Business
- Observer
Student-led innovations take centre stage at ESO Sustainability Fair 2025
MUSCAT: The Environment Society of Oman (ESO) proudly hosted the 2025 Sustainability Fair, bringing together 12 private schools to showcase innovative solutions for a greener future. Held on February 25 at Sheraton Oman Hotel, the event highlighted student-led projects addressing key environmental challenges and alignment with the United Nations' Sustainable Development Goals (SDGs). Now in its fourth edition, the fair was previously managed by the Oman American Business Council (OABC). This year, ESO took the lead as the primary organiser, reinforcing its commitment to environmental education, youth empowerment and community involvement in Oman. In addition to the dynamic lineup of student-driven projects, the exhibition showcased university students, small and medium enterprises (SMEs), businesses, governmental organisations and innovators presenting real-world sustainability solutions. These exhibitors were selected to participate for their commitment, expertise and insights in promoting environmental stewardship and as inspiration to future generations and the community at large. A key highlight of the event was the awards ceremony, where top projects were recognised across multiple categories: • Best Presentation: ABQ Azzan Bin Qais International School • Most Innovative Idea: International School of Oman • Most Practical Implementation: ABA Oman International School • Overall Winner: Hay Al-Sharooq International School The event's success was amplified by the support of key sponsors. Sheraton Oman Hotel part of the Marriott Business Council Group, served as the Venue Partner, providing a welcoming space and refreshments for attendees. Bauer Nimr, globally renowned for developing the largest commercially constructed wetland in the world, continued since its inception as the Main Sponsor, while Apex Publishing ensured dedicated media coverage as the Media Partner. 'This event aligns with ESO's core mission to raise community awareness about environmental conservation and sustainable practices,' said ESO Board Member, Dr Ali Akaak. 'Our primary focus is on engaging students and youth, nurturing the values and behaviours that will drive long-term environmental stewardship.' More than just a school event, ESO Sustainability Fair 2025 served as a hub for inspiration and knowledge exchange, spotlighting emerging sustainability trends and fostering meaningful discussions. With over 30 exhibits and more than 300 participants, the fair promoted a shared culture of environmental responsibility and action.
Muscat Daily
26-02-2025
- Business
- Muscat Daily
ESO Sustainability Fair 2025 Innovation, integration, inspiration
Muscat – Twelve schools from Muscat, Suhar, and Sur participated in the ESO Sustainability Fair 2025, highlighting the efforts of young innovators striving to make a lasting environmental impact. The lush lawns of the Sheraton Oman Hotel in Muscat were transformed on Tuesday into a hub of creativity and sustainability, as students, businesses, and environmental advocates gathered for the ESO Sustainability Fair 2025. This year marked a new chapter for the event, with the Environment Society of Oman (ESO) taking over as host from the Oman American Business Council (OABC)—a transition that underscores ESO's deep commitment to environmental conservation, education, and community engagement. Summing up the spirit of the event, Aditi Gupta of Indian School Wadi Kabir (Cambridge) said, 'My project is not just a project. It is an awareness campaign. My team and I want to showcase that small steps can have a great impact in the long run. Additionally, when incorporated as a behavioural change in kids, the future is sure to be green.' The students showcased impressive, forward-thinking solutions with the potential to make a real impact. The Sustainability Fair has long served as a platform for young minds to explore and present solutions that address pressing environmental issues. The event was founded by Marla Valdez, who continues to play a pivotal role in its success. Reflecting on this year's edition, she shared: 'The young teams have been working on their projects under the guidance of their science teachers or Eco Club facilitators, who have helped streamline their participation. Seeing their passion and dedication gives us confidence in the next generation of sustainability leaders.' Marla Valdez – Founder Embracing the concept of sustainability and aligning with the 13 Unesco Sustainable Development Goals (SDGs), the participating projects explored green electricity generation, the use of IoT (Internet of Things) for smarter agriculture, and one particularly unique initiative – banana-based innovation. Among the many innovative ideas presented, one particularly unique project stood out – banana-based eco-friendly hair extensions. The International School of Oman showcased a method of transforming banana stems into sustainable hair extensions. The process involved cutting the stems lengthwise, drying, boiling, bleaching, and washing them to extract fibrous husks, which were then dyed and crafted into biodegradable hair extensions lasting up to two months! International School of Oman innovators with banana fiber hair extensions! ABA Oman International School's project focused on Oman's mangroves, which play a crucial role in coastal protection, biodiversity, and carbon sequestration. However, research on mangroves remains limited due to funding and expertise gaps. Team leader Sarah Luisa-Emmer explained, 'It begins with small, practical steps. By rethinking how we use materials and consume energy, we can create a more sustainable future for Oman.' The school aims to bridge this research gap by developing a 'Mangrove Monitoring App' using Google Earth, conducting field studies, supporting regeneration efforts, and raising awareness about the vital role mangroves play in protecting Oman's coastline from erosion and storms. ABA Oman International School with their research backed Mangrove Conservation project ESO Board Member Dr Ali Akaak, who also served as a judge, reflected on the event's significance: 'We are honoured by the trust placed in ESO to host this important initiative, which aligns perfectly with our mission of environmental conservation and community engagement. Seeing the collaboration between students, SMEs, and sustainability-focused projects was truly inspiring. This event has great potential for growth, and we look forward to expanding its reach to include more private schools across Oman.' The enthusiasm and dedication displayed throughout the day reaffirmed the importance of fostering sustainability at an early stage. Judges noted the depth of research, creativity, and commitment demonstrated by the students, reinforcing the power of youth-led innovation in shaping a more sustainable future. ESO Board Member Dr Ali Akaak Beyond student projects, the fair welcomed a diverse group of sustainability-driven organisations, SMEs, and startups, all working towards a greener Oman. Participants included be'ah, Zalul, Biqool Tech, Move Green, GUTech, WhiteWall Digital Solutions, Global Shapers Muscat, Muscat Cats & Dogs, and Animal Rescue Oman. Each showcased their own contributions to sustainability—whether in waste management, clean technology, digital innovation, or conservation—highlighting how different sectors can work together to drive meaningful environmental change. Environment Society of Oman Bauer Nimr, the event's overall sponsor, has been a dedicated supporter since the fair's inception. The company, known for developing the world's largest commercial constructed wetland in Oman, continues to set a benchmark for large-scale environmental solutions. Five Elements Environmental Services joined as a supporting partner, reinforcing the importance of private sector involvement in environmental initiatives. Hopibi – The litter warrior The Marriott Business Group reaffirmed its commitment to the event, with Sheraton Oman serving as the host venue this year. This follows last year's successful edition at the W Muscat, which remained actively involved in this year's gathering. Apex Media, the event's official media partner, showcased their mascot Hopibi who created awareness about the negative effects of littering. The media house also played a key role in amplifying the fair's impact and reaching a wider audience. Muscat Cats & Dogs Here are the winners and here is what they said! Most innovative idea: International School of Oman Project name: Agriculture Culture! We are students of the International School of Oman Eco Club: Israa Taherzadeh, Qatar Al Nada Al Amri, Khawla Al Mushaifri, and Layan Al Mahrouqi, guided by our teacher, Katie al Hodali. Our project transforms agricultural byproducts—banana stems and coconut husks—into biodegradable products like eco-friendly hair extensions, sustainable pots, and candles. This reduces waste, promotes sustainability, and empowers local communities, especially women, through job creation and skills development. Through teamwork, we've realised there are no limits to what we can achieve. By collaborating effectively, we've combined our strengths, fostering creativity and innovation. Sustainability is not just a choice but a responsibility. By repurposing waste, we can positively impact the environment and empower communities for a better future. Most practical implementation: ABA Oman International School Project name : Mangrove Guardians! We are the ECOSOC team from ABA Oman International School, consisting of Sarah Luisa-Emmer (Team leader), Nara Molavi (Research lead), Angela Jabbour (Presentation lead), Dylan Le Ribeus (Model design), Sami Al-Busaidi (Model construction), Alexandra Serret, and Malaak Mohamed. Our project focuses on mangroves in Oman, vital for coastal protection, biodiversity, and carbon sequestration. Despite their importance, research on mangroves is limited due to lack of funding, historical focus, and expertise. We aim to address this by developing a Mangrove Monitoring App, conducting field research, supporting regeneration, and raising awareness of their ecological role in protecting Oman's coastline. We learned the value of collaboration, with each team member contributing their skills—coding, research, and fieldwork. Effective communication and teamwork were essential to our success, and this project has been a whole-school initiative towards sustainability. Through this project, we recognised the importance of conserving Oman's ecosystem, not only for environmental reasons but also for its cultural and historical significance. Best presentation: ABQ Azzan International School Project name : Pioneering a sustainable future through scientific innovation, upcycling, and community engagement. Our team includes Khalid al Aamri and Ahmed al Mahruqi (Leads for Scientific Innovation – Automated Greenhouse), Ahad al Riyami (Lead for Creative Upcycling), and Kiana Ebrahimi and Weaam Al Mughairi (Leads for Sustainable Fashion), supported by Aimaan al Saadi, Gustav Tredoux, Yousif Abdoun, Yara al Mandhari, Mariam al Balushi, and Maryam Abdullah. We focus on sustainability through scientific innovation, upcycling, community engagement, and sustainable fashion. Our project includes an automated greenhouse that optimises plant growth and conserves energy, interactive games made from upcycled materials to reduce screen time, and a Sustainable Fashion Initiative using natural dyes and repurposed fabrics. Our community efforts promote recycling and ecosystem restoration. Through teamwork, we developed collaboration, adaptability, and problem-solving skills. Every member contributed their strengths to refine our ideas and maximise impact. Our key message is: 'At ABQ, 'We Care.' Small actions in the community can lead to significant global environmental changes. Sustainability thrives on innovation, creativity, and collective responsibility for a greener future.' Overall Winner: Hay Al Sharooq International School, Sur Project name : Kulna environmental club As members of Kulna Environmental Club, we are dedicated to sustainability and preserving Oman's natural beauty. Our team focuses on impactful initiatives, including a greenhouse with a hydroponic system, a composting and recycling programme, and various environmental projects. Through these efforts, we have achieved significant milestones in promoting eco-conscious living. More than just a project, our club is a movement towards sustainability and environmental preservation in Oman. We work on practical, life-changing actions that encourage a mindset shift, inspiring our community to contribute to a greener Oman. Through teamwork, we have learnt that our goals cannot be achieved without collaboration. We believe that Oman's nature and environment are worth every effort and deserve our care and commitment to ensure they remain in the best condition. Our project emphasises that preserving Oman's natural beauty and biodiversity requires continuous effort. We aim to reduce food waste by transforming it into useful compost, helping to protect our environment. Additionally, we are committed to tackling plastic waste, which poses a severe threat to nature. By taking these steps, we hope to create lasting change and a more sustainable future for Oman.
Zawya
26-02-2025
- Business
- Zawya
Shell Oman Marketing Company hosts the 1st Lubricants Technology Conference in Muscat
Muscat: Reinforcing its commitment to advancing the lubricants technologies, Shell Oman recently convened industry leaders, experts, and stakeholders at the Shell Lubricants Technology Conference, held at the Sheraton Oman Hotel. The event spotlighted Shell Oman's role in developing cutting-edge lubricants and solutions for the construction, oil and gas and power sectors. These solutions tend to reduce the total cost of ownership, reduce energy consumption and support the transition toward a more sustainable energy future in line with the Oman 2040 vision. Commenting on the conference, Mohamed ElFatatry – General Manager – Lubricants, Supply Chain & Customer Operations at Shell Oman stated, 'Innovation and collaboration are the driving forces behind a successful energy transition, and at Shell Oman, we are dedicated to developing lubricant technologies that enhance industrial performance while advancing sustainability. As Oman strengthens its position as a regional leader in energy transition, we continue to integrate sustainability at every level—ensuring our solutions are both commercially viable and environmentally responsible. This conference serves as a platform to exchange actionable insights on achieving Net Zero by 2050, emphasizing the role of partnerships in shaping a lower-carbon future. By continuously refining our innovations, we aim to drive long-term resilience, empower industries to adopt sustainable practices, and contribute meaningfully to Oman's energy ambitions.' Focusing on 'Innovation for a Sustainable Future', Mohamed ElFatatry's keynote address underscored the pivotal role of advanced technologies and strategic foresight in achieving net-zero emissions. In addition to broader discussions on energy efficiency and decarbonization, the conference featured specialized sessions on innovations in oil and gas operations and advanced solutions for the construction industry. These sessions offered in-depth technical insights into modern lubricant technologies, highlighting their role in optimizing heavy machinery, extending asset lifespan, and enhancing operational efficiency in complex industrial settings. The event not only showcased cutting-edge technologies but also highlighted the importance of cross-sector collaboration in accelerating Oman's energy transition. Discussions emphasized the role of strong partnerships with OEMs, vendors, and suppliers in setting sustainability benchmarks and driving collective progress toward a greener future. Shell Oman's commitment to capacity building, In-Country Value (ICV) enhancement, and Omanization was also a key focus, reinforcing its efforts to develop local talent while advancing economic and environmental resilience. By investing in innovative technologies and cleaner energy solutions, Shell Oman is enabling businesses to adapt to an evolving energy landscape, linking sustainability with long-term commercial growth and strengthening its market position. Shell Oman's Lubricant Oil Blending Plant (LOBP) is a hub of innovation, efficiency, and sustainability, adhering to strict quality and HSSE standards. Serving local and regional markets, it exports to 14 countries while being powered by skilled Omani talent and global best practices. The plant reinforces Oman's position as a regional energy leader. Shell Lubricants further drives efficiency with cutting-edge solutions like PurePlus™ GTL technology, delivering cleaner, high-performance lubricants that enhance durability, reduce costs, and boost sustainability. By integrating innovation with a diverse product portfolio, Shell transforms Oman's business landscape with future-ready solutions. By hosting this conference, the company reaffirms its commitment to industry leadership and knowledge-sharing. In a rapidly evolving energy landscape, such platforms are essential in providing stakeholders with valuable insights while positioning Shell Oman as a driving force for progress solidifying its vision for a more efficient, resilient, and greener future. About Shell Oman Marketing Company Shell Oman Marketing Company is a publicly listed company on Muscat Stock Exchange. Shell Oman operates in a multi downstream-business structure providing Mobility, Commercial, Lubricants, Marine, Bitumen and Aviation fuel products and services in Oman. The company owns and operates the only ISO-certified lubricants blending plant of its kind in Mina Al Fahal that produces Made-in-Oman Shell-branded lubricants for local and regional markets. Shell Oman excels in its commitment to local talent development, with more than 93% Omanisation rate across its workforce. The Company works to meet the Sultanate's growing energy demands, and contributing to its prosperity in an economically, environmentally and socially responsible manner, by operating safely and ethically and creating sustainable value for the Omani community. Enquiries Mahmoud Al Abri Acting GM – Corporate Relations Shell Oman Marketing Company Phone: +968 24570200 Email: feedbackandissues-om@ Shell's net carbon intensity Also, in this announcement we may refer to Shell's 'Net Carbon Intensity', which includes Shell's carbon emissions from the production of our energy products, our suppliers' carbon emissions in supplying energy for that production and our customers' carbon emissions associated with their use of the energy products we sell. Shell only controls its own emissions. The use of the term Shell's 'Net Carbon Intensity' is for convenience only and not intended to suggest these emissions are those of Shell plc or its subsidiaries. Shell's net-Zero Emissions Target Shell's operating plan, outlook and budgets are forecasted for a ten-year period and are updated every year. They reflect the current economic environment and what we can reasonably expect to see over the next ten years. Accordingly, they reflect our Scope 1, Scope 2 and Net Carbon Intensity (NCI) targets over the next ten years. However, Shell's operating plans cannot reflect our 2050 net-zero emissions target and 2035 NCI target, as these targets are currently outside our planning period. In the future, as society moves towards net-zero emissions, we expect Shell's operating plans to reflect this movement. However, if society is not net zero in 2050, as of today, there would be significant risk that Shell may not meet this target. Shell expects to publish its 2024 Energy Transition Strategy on March 14, 2024, which will include an update on Shell's energy transition strategy and set out Shell's climate targets and ambitions for the future. Forward Looking Non-GAAP measures This announcement may contain certain forward-looking non-GAAP measures such as [cash capital expenditure] and [divestments]. We are unable to provide a reconciliation of these forward-looking Non-GAAP measures to the most comparable GAAP financial measures because certain information needed to reconcile those Non-GAAP measures to the most comparable GAAP financial measures is dependent on future events some of which are outside the control of Shell, such as oil and gas prices, interest rates and exchange rates. Moreover, estimating such GAAP measures with the required precision necessary to provide a meaningful reconciliation is extremely difficult and could not be accomplished without unreasonable effort. Non-GAAP measures in respect of future periods which cannot be reconciled to the most comparable GAAP financial measure are calculated in a manner which is consistent with the accounting policies applied in Shell plc's consolidated financial statements. The contents of websites referred to in this announcement do not form part of this announcement. We may have used certain terms, such as resources, in this announcement that the United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website
Times of Oman
06-02-2025
- Business
- Times of Oman
Local hotelier earns lofty recognition
Highlighting aspirations for professional excellence in Oman's hospitality sector, a senior executive from Sheraton Oman Hotel has become the youngest industry professional from the Sultanate to successfully graduate from Marriott International's prestigious General Managers Track Programme. Justin Jacob, Revenue Director of Sheraton Oman Hotel, was the sole candidate from Oman selected for the Track Programme, conducted in collaboration with Cornell University, one of the world's top-ranked institutions. Enrollment in the programme is by nomination only, with candidates chosen through a rigorous talent screening process. Justin was among 15 candidates selected from Marriott properties across the GCC. The programme provides a comprehensive 360-degree assessment, featuring coaching by industry-renowned speakers and culminating in an on-campus immersion experience. It focuses on developing critical competencies and skills essential for success, while also enlisting graduates in a talent pool for potential leadership placements. This latest qualification adds to Justin Jacob's distinguished career, which spans over 14 years across the hospitality sectors of India, Kuwait, the UAE, and Oman. With over 20 awards and nominations to his name and backed by 10 promotions, Justin considers himself fortunate to have worked with esteemed brands such as The Oberoi, Hilton, Accor, and currently, Sheraton. He attributes his success to the mentorship of industry stalwarts, who played a pivotal role in shaping and accelerating his professional growth. In May 2024, Justin was honoured with the prestigious Future Leader of the Year award by Hotelier Middle East. He has also been nominated this year by Sheraton Oman for the esteemed Stephen G. Marriott Award of Excellence for Culture. His credentials include eight certifications from renowned institutions such as Cornell and Harvard, covering industry topics like Global Business, Asset Management and Executive Leadership. Additionally, he has successfully led several cutting-edge projects that have enhanced operational efficiencies and elevated guest satisfaction. Coming from a family with deep roots in hospitality — his father being a hotelier during the UAE's formative years — Justin developed an early passion and understanding of the industry's intricacies. 'I am deeply committed to this industry, despite its rigorous demands and intense competition. I look forward to applying the insights gained from the General Managers Track Programme and leading from the front,' he affirms.
