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Collaboration to strengthen student entrepreneurship
Collaboration to strengthen student entrepreneurship

Observer

time01-06-2025

  • Business
  • Observer

Collaboration to strengthen student entrepreneurship

MUSCAT: Knowledge Oman and Muscat College have embarked on an impactful collaboration through the signing of a Memorandum of Understanding (MoU), reinforcing their shared commitment to educational and community development. This strategic partnership was initiated by the Research Centre at Muscat College and formalised during a dedicated meeting held at the college campus. The MoU was signed by Dr Araby Madbouly, Assistant Dean of Academic Affairs at Muscat College, and Tariq al Barwani, Founder of Knowledge Oman, in the presence of Abdullah al Farsi, Assistant Dean for Administrative and Financial Affairs, Balqees al Hassani, President of Knowledge Oman, along with representatives from both organisations. The collaboration aims to foster innovation, research and impactful community initiatives. Dr Araby expressed his enthusiasm for the renewed partnership, stating, 'This MoU reaffirms our shared vision to contribute meaningfully to Oman's knowledge economy and Oman Vision 2040. Together, we aim to nurture a generation of responsible and innovative leaders.' The partnership emphasises a stronger commitment to community development, with a particular focus on empowering students in entrepreneurship. As part of the collaboration, both institutions will work together to build a structured support system to foster the students' entrepreneurial skills through equipping students with the necessary guidance and exposure to build sustainable and socially impactful business ventures. Al Barwani said, 'Knowledge Oman remains committed to national development through education and innovation. We are proud to continue this journey with Muscat College and look forward to enabling more students to create real-world impact.' The partnership symbolises a deeper collaboration that not only fosters academic and research excellence but also promotes youth empowerment, innovation and community engagement across the Sultanate of Oman. Under the terms of the agreement, Knowledge Oman will form a dedicated team of experts to coach students, offering mentorship and startup guidance. The initiative is designed to accelerate the development of student-led startups and stimulate an entrepreneurial mindset among the youth. One of the key outcomes of the meeting was the decision to form a dedicated expert team from Knowledge Oman. This team will provide strategic support to students at Muscat College, including commercialisation advice and intellectual property guidance, to help transform their innovative ideas into viable business models that benefit the wider community.

KO bridges industry-academia gap to empower workforce
KO bridges industry-academia gap to empower workforce

Observer

time10-03-2025

  • Business
  • Observer

KO bridges industry-academia gap to empower workforce

Knowledge Oman (KO) is set to bridge the gap between academia and industry by formalising agreements with leading companies. This initiative will bring industry experts into academic institutions, equipping faculty members and students with practical skills that align with real-world industry demands. 'Creating a strong bridge between academia and industry is not just an opportunity - it is a necessity. To truly empower students and faculty, we must bring real-world expertise into the classroom, ensuring that education translates into impactful careers. This is a key mission for Knowledge Oman this year, and with the support of industries, we are committed to making this a reality,' said Knowledge Oman Founder, Tariq al Barwani. Since its launch last year, the Knowledge Oman Academy has received approximately 300 registrations from individual community speakers. These experts cover diverse topics, including Technical Skills, Business Entrepreneurship, Leadership and Management, Marketing and Sales, Sustainability and Corporate Responsibility, Health and Wellness, Finance and Wealth Management, Cybersecurity and Artificial Intelligence. Since its inception in 2008, Knowledge Oman has hosted hundreds of events, including seminars, workshops and community engagement programmes across Oman. 'Our initial goal was to capture individual community interest by enabling them to contribute as experts for academia. Now, we are expanding our reach by collaborating with organisations from various industries to enrich academic learning with the latest industry developments,' added Tariq al Barwani. Through upcoming industry partnerships, Knowledge Oman will facilitate guest lectures, mentorship programmes and collaborative learning opportunities that embed industry practices into academic settings. These efforts aim to create a seamless transition from education to employment, fostering a workforce that meets the needs of Oman's growing economy. This initiative aligns with Oman Vision 2040, which prioritises education and employment as key pillars for the nation's sustainable development. By investing in learning and development programmes, Oman aims to cultivate a highly skilled workforce that drives economic growth and innovation, contributing to the realisation of its national vision. With this new mission, Knowledge Oman is furthering its legacy of inspiring individuals and fostering a culture of continuous learning, ensuring academia remains at the forefront of industry advancements.

Oman's Mawarid exports maiden bulk shipment of copper concentrates
Oman's Mawarid exports maiden bulk shipment of copper concentrates

Zawya

time14-02-2025

  • Business
  • Zawya

Oman's Mawarid exports maiden bulk shipment of copper concentrates

MUSCAT - Mawarid Mining LLC, the mining arm of the MB Group of Companies, has announced the successful export of its first bulk shipment of copper concentrates produced at the Lasail Copper Concentrator using ore from the Al Ghuzayn Copper Mine. Around 7,500 wmt (wet metric tonnes) of copper concentrates, with a concentration of +18.5 per cent copper, were shipped from Sohar Port to China for further treatment and refining, under an offtake agreement with Trafigura PTE Limited. Mawarid continues the ramp up of the Al Ghuzayn Mine, supported by the mining contractor Gulf Rock Engineering LLC. To date, Mawarid has mined over 222,000 tonnes of ore and completed over 5,000 meters of underground primary and secondary development. Mawarid's Managing Director Tariq al Barwani said: 'Mawarid has been able to develop the Ghuzayn Mine and refurbish the Lasail concentrator with the support of our equity and debt partners, in collaboration with the various contractors working at each of the operations. We are particularly pleased with 1.0 million LTI-free work hours being achieved, showcasing our commitment to safe working processes and standards. The progress of the mine ramp up and achieving the 1st bulk shipment of 7,500 wmt, which is in accordance with the feasibility study, shows an excellent effort by the Mawarid team, our funding and contractual partners. Mawarid is not only focused on operational excellence but is also committed to contributing to the nation's socio-economic development and long-term growth in line with Oman's vision 2040 which includes a building a productive and diversified economy.' Mawarid Mining CEO Chris Jordinson stated: 'We are proud to continue producing the minerals necessary for the world's growth, especially considering the continued demand for copper in green energy. Thank you to all our stakeholders, partners, and supporters. Funding for the development of the Ghuzayn Project was in the form of equity from Mohammed Al Barwani LLC, debt facility from Oman Development Ban, in addition to a debt facility from Dhofar Islamic Bank LLC with pre-shipment and working capital facilities from Trafigura PTE Limited. Thank you to our lenders' trust in the Mawarid team to deliver the Project in accordance with the feasibility study parameters.' Mawarid's Lasail Concentrator is processing the Ghuzayn ore at a rate of 100 wmt per hour and producing saleable concentrate. The feed grade of the ore processed at the Lasail Concentrator is averaging 1.85% Cu, resulting in a concentrate grade of +19.0% Cu in concentrate, with a moisture level of 9.02%. 2022 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (

Mawarid exports maiden bulk shipment of copper concentrates
Mawarid exports maiden bulk shipment of copper concentrates

Observer

time13-02-2025

  • Business
  • Observer

Mawarid exports maiden bulk shipment of copper concentrates

BUSINESS REPORTER MUSCAT, FEB 12 Mawarid Mining LLC, the mining arm of the MB Group of Companies, has announced the successful export of its first bulk shipment of copper concentrates produced at the Lasail Copper Concentrator using ore from the Al Ghuzayn Copper Mine. Around 7,500 wmt (wet metric tonnes) of copper concentrates, with a concentration of +18.5 per cent copper, were shipped from Sohar Port to China for further treatment and refining, under an offtake agreement with Trafigura PTE Limited. Mawarid continues the ramp up of the Al Ghuzayn Mine, supported by the mining contractor Gulf Rock Engineering LLC. To date, Mawarid has mined over 222,000 tonnes of ore and completed over 5,000 meters of underground primary and secondary development. Mawarid's Managing Director Tariq al Barwani said: 'Mawarid has been able to develop the Ghuzayn Mine and refurbish the Lasail concentrator with the support of our equity and debt partners, in collaboration with the various contractors working at each of the operations. We are particularly pleased with 1.0 million LTI-free work hours being achieved, showcasing our commitment to safe working processes and standards. The progress of the mine ramp up and achieving the 1st bulk shipment of 7,500 wmt, which is in accordance with the feasibility study, shows an excellent effort by the Mawarid team, our funding and contractual partners. Mawarid is not only focused on operational excellence but is also committed to contributing to the nation's socio-economic development and long-term growth in line with Oman's vision 2040 which includes a building a productive and diversified economy.' Mawarid Mining CEO Chris Jordinson stated: 'We are proud to continue producing the minerals necessary for the world's growth, especially considering the continued demand for copper in green energy. Thank you to all our stakeholders, partners, and supporters. Funding for the development of the Ghuzayn Project was in the form of equity from Mohammed Al Barwani LLC, debt facility from Oman Development Ban, in addition to a debt facility from Dhofar Islamic Bank LLC with pre-shipment and working capital facilities from Trafigura PTE Limited. Thank you to our lenders' trust in the Mawarid team to deliver the Project in accordance with the feasibility study parameters.' Mawarid's Lasail Concentrator is processing the Ghuzayn ore at a rate of 100 wmt per hour and producing saleable concentrate. The feed grade of the ore processed at the Lasail Concentrator is averaging 1.85% Cu, resulting in a concentrate grade of +19.0% Cu in concentrate, with a moisture level of 9.02%.

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