Latest news with #Tatweer
Sharjah 24
27-05-2025
- Business
- Sharjah 24
Masar initiative to empower Emirati youth for the labour market
Empowerment through market readiness "We believe that true empowerment begins with equipping youth to understand and navigate the labour market with confidence," said Khalid Ibrahim Al NakhI, the Foundation's director. In keeping with Sharjah's vision for a future led by young people, Masar fosters initiative, professional character development, and skill refinement in a nurturing atmosphere. Strategic agreements for practical experience The event will include the signing of strategic agreements with leading public and private institutions to provide quality training opportunities and practical work experiences. Discussion session: From ambition to empowerment A discussion session titled 'From ambition to empowerment' will feature experts and academics addressing the role of practical training and professional guidance in developing youth leadership and market readiness. About Tatweer The Sharjah Capability Development Foundation (Tatweer) is an initiative aimed at fostering leadership and innovation among Emirati youth. Established to contribute to the sustainable development of Sharjah, it operates under the umbrella of Rubu' Qarn for Creating Leaders and Innovators.
Observer
15-05-2025
- Business
- Observer
Investment opportunities in Dhofar real estate sector
Acting in cooperation with the Ministry of Housing and Urban Planning, Dhofar branch of Oman Chamber of Commerce and Industry (OCCI) organised a workshop to showcase real estate projects and promising investment opportunities in the Governorate of Dhofar. The workshop, titled "First Real Estate Tour", included a visual presentation about the Sultan Haitham City, in addition to 5 working papers about the Real Estate Services Development Centre, integrated residential neighbourhoods "Surouh" and usufruct services provided by the 'Tatweer' platform. The papers also elaborated on real estate development in the Sultanate of Oman, right from the stage of construction to the stage of innovation. They also underlined the importance of training in the field of real estate. The workshop discussed the challenges posed to the development of the real estate development sector in the Sultanate of Oman, in addition to possible solutions that can be applied in cooperation with relevant authorities in the public and private sectors. - ONA
Sharjah 24
05-05-2025
- Entertainment
- Sharjah 24
Tatweer organises new intellectual session on Greek mythology
Exploring the depth of Greek mythology On Saturday, 10th May 2025, Tatweer will host a new intellectual session under the Riwaq programme titled "Greek Mythology", in Sharjah. The session will highlight the importance of understanding Greek mythology, which extends beyond being just ancient stories. It will be explored as a symbolic pattern that continues to influence global literature and art today. Greek myths encapsulate profound human emotions such as love, jealousy, ambition, and revenge, alongside philosophical and ethical questions about justice, fate, good, and evil. Connecting mythology to modern literary works Studying these myths provides valuable analytical tools for understanding modern literary works. It reveals the deep connections between history and human culture. Greek mythology is a cornerstone reference in many contemporary artistic and intellectual productions, making it essential for those seeking a deeper understanding of contemporary literature and art. Enhancing critical and analytical thinking The study of mythology not only broadens intellectual horizons but also enhances critical and analytical thinking skills. By analysing recurring patterns and uncovering hidden meanings within texts, individuals can develop a deeper understanding of how stories—despite variations in form—share essential, underlying themes. Recognising these symbols enables individuals to engage with the world around them with greater awareness and insight. About the Sharjah Capability Development (Tatweer) Founded in 2005, the Sharjah Capability Development Foundation (Tatweer),, under the umbrella of the Rubu' Qarn for Creating Future Leaders and Innovators, is dedicated to empowering youth leadership for the growth of the Emirate of Sharjah. The organisation plays a pivotal role in nurturing the talents and skills of ambitious young individuals aged 18 and above, supporting the vision of the United Arab Emirates, which believes that youth are the backbone of nation-building.
Zawya
28-04-2025
- Business
- Zawya
Oman's Tatweer Duqm: Sezad asset portfolio reaches over $3bln
Duqm: The Oman Company for the Development of the Special Economic Zone at Duqm (Tatweer Duqm) has announced that the asset portfolio it manages in the Special Economic Zone at Duqm (Sezad) rose to around OMR1.2 billion by the end of last year. Eng Abdullah bin Sulaiman Al Wahaibi, CEO of Tatweer Duqm, stated that the company, as the executive and investment arm of the Public Authority for Special Economic Zones and Free Zones (Opaz), is working to enhance the investment environment in the Special Economic Zone at Duqm by leading strategic and high-quality infrastructure projects that have been implemented in recent years. He noted that Tatweer, established in 2014, focuses on stimulating the business and investment environment in Duqm through various initiatives, guided by Oman Vision 2040 and the Sezad strategy for the period 2025–2030. This strategy is built around five main objectives: localising investments, efficient operation and management, developing a balanced lifestyle, attracting tourists and partners, and achieving institutional excellence. In a press statement, he explained that, in line with its commitment to service quality and asset sustainability according to international technical standards, the company, through its Omani technical staff, manages a portfolio of public assets and facilities in the Sezad worth around OMR1.2 billion. These include wastewater treatment plants, major and secondary roads, public facilities, dams, water drainage channels, parks, and administrative buildings. The company's asset management scope includes operation and maintenance, as well as oversight of sustainability and coordination with operators of key projects such as Port of Duqm, Duqm Airport, the dry dock, the government berth, and other developments. He affirmed that the company has adopted an integrated asset management methodology aligned with global best practices, supported by modern technologies to ensure readiness, continuity, increased efficiency, cost reduction, and prolonged asset lifespan. Al Wahibi stated that over the past years, the company has overseen the execution of numerous strategic projects in the Special Economic Zone at Duqm, most notably the completion of various packages for Duqm Port, the implementation of utility facilities and water and wastewater networks, as well as the management of both main and secondary road infrastructure projects in the zone. He explained that Tatweer has successfully implemented more than 46 projects over the past five years. In addition, its internal management of seven projects has saved over OMR12 million, reflecting the company's technical expertise, the competency of its Omani workforce, operational efficiency, and adherence to robust governance standards. Al Wahibi noted that the total cost of the road projects overseen by the company amounts to approximately OMR210.4 million. Last year witnessed the completion of several phases of the dualisation project for National Road No. 32 (Sultan Said bin Taimur Road in Duqm). The opening of these phases provided high-standard infrastructure attractive to investment, incorporating modern technologies. Their completion has improved connectivity and facilitated traffic flow in the zone, particularly in light of growing investment activity. He added that this year is expected to see the completion of the internal road network in the Saay Commercial District, water drainage systems, the district's wastewater network, the second phase of the dualisation of National Road No. 32, and the dualisation of the road from Duqm Airport to Ras Markaz. Al Wahibi also highlighted Tatweer's role in enabling investment and maximising returns in the Special Economic Zone at Duqm. He said the company supports the business environment through strategic partnerships targeting companies and investment funds, focusing on minority-share joint investments in economically sustainable ventures aligned with Sezad's overarching goals. As a local minority shareholder, Tatweer offers on-ground support for project developers across various sectors. This includes assistance in site selection based on sector needs, company registration, obtaining approvals and permits, and guiding investors in securing financing from local banks and funding institutions. He emphasised that the company is keen to attract local financing houses to contribute through equity or quasi-debt instruments. Regarding key projects established by the company, Al Wahibi revealed that Tatweer holds a 15 per cent stake in the logistics company 'Imdad Logistics,' formed to enhance logistics services in Duqm. This has become one of the success stories in the Special Economic Zone. Additionally, Tatweer is one of the investors, alongside a local and an international partner, in Duqm Materials Market, a commercial and logistics project supporting supply chains. The market, in which Tatweer also owns a 15 per cent stake, was inaugurated last year and has achieved a high occupancy rate by global, regional and local companies. He praised the company's investment successes, noting that Tatweer recorded its first profitable exit through the sale of its stake in Duqm Quarries, achieving returns exceeding RO 1.8 million. He confirmed the company's intent to replicate such successes by expanding its investments in promising logistics and industrial sectors, through a business model that balances profitability with support for national development. Tatweer plans to implement several projects this year aimed at enhancing investment in the Special Economic Zone at Duqm, both by executing new developments and managing existing assets or entering new investment ventures. Key planned projects include the construction of a central fish market in Duqm and the launch of an abalone farming facility adhering to aquaculture standards. These initiatives aim to develop the fisheries sector and increase its economic returns. Additional planned developments include tourism, real estate, entertainment, retail, commercial services, and green energy projects. The company also intends to develop an integrated residential complex to enhance quality of life in Duqm, along with other projects currently under study with investors. Al Wahibi affirmed that by adopting a project and asset management model based on performance-based service fees, the company has transitioned from a cost-recovery entity to a flexible and sustainable business model driven by outcomes and operational excellence. Tatweer aims to grow its revenues by expanding contracts and offering its services to new investors in Duqm, with a focus on building a smart and sustainable city and positioning Duqm as a regional hub for integrated investment and living, based on efficiency, innovation, and partnership. © Muscat Media Group Provided by SyndiGate Media Inc. (
Observer
26-04-2025
- Business
- Observer
Tatweer's asset portfolio in Duqm tops RO 1.2 billion
DUQM: Oman Development Company for the Special Economic Zone at Duqm (Tatweer) announced that its asset portfolio has grown to approximately RO 1.2 billion by the end of 2024. Tatweer, the executive and investment arm of the Public Authority for Special Economic Zones and Free Zones, manages a wide range of public assets and facilities across Duqm. These include wastewater treatment plants, main and secondary road projects, public amenities, dams, drainage channels, parks, and administrative buildings. The company also oversees the operation, maintenance, and sustainability of key infrastructure such as Duqm Port, Duqm Airport, the dry dock, the government wharf, among other projects. Eng Abdullah bin Sulaiman al Wahaibi, CEO of Tatweer, said the company has played a crucial role in enhancing the investment environment at the Special Economic Zone at Duqm (SEZD) through the development of strategic projects and high-quality infrastructure over the past years. He noted that Tatweer has successfully completed more than 46 projects over the past five years and internally managed an additional seven projects, resulting in savings of over RO 12 million. "This achievement reflects the company's technical expertise, led by skilled Omani professionals, as well as its operational efficiency and adherence to governance standards," he said. Among Tatweer's major undertakings is the development of road infrastructure in Duqm, with road projects alone valued at around RO 210.4 million. Last year, the company completed several phases of the dualisation of Southern National Road No. 32 (Sultan Said bin Taimur Road), improving traffic flow and supporting the growing investment activity in the zone. Looking ahead, 2025 will see the completion of several key infrastructure projects, including the internal road network, drainage systems, and sewage networks in the Say commercial district, as well as the second phase of the dualization of National Road No. 32 and the dualization of the road linking Duqm Airport to Ras Markaz. Eng Al Wahaibi stressed Tatweer's focus on enabling investment and maximizing economic returns. The company supports the business environment by forming strategic partnerships with companies and investment funds, targeting joint investments in enabling and economically sustainable ventures. Tatweer also assists project developers in selecting sites, registering companies, securing approvals and licenses, and accessing financing through local banks and funds. Highlighting Tatweer's recent investment initiatives, Al Wahaibi said the company holds a 15% stake in Imdad Logistics, a strategic logistics provider in Duqm. Tatweer also invested in the Duqm Materials Market, another project where it holds a 15% stake. Since its opening last year, the market has seen strong uptake from local, regional, and international companies. Tatweer also achieved a milestone by selling its stake in Duqm Quarries Company, generating a return of over RO 1.8 million. Al Wahaibi said the company plans to build on this success by expanding investments in promising sectors such as logistics and industry, following a model that balances profitability with developmental impact. Future plans include the establishment of the Duqm Central Fish Market and a specialized abalone farming project to support the fisheries sector. In addition, Tatweer aims to launch projects across tourism, real estate development, entertainment, retail, commercial services, and green energy sectors. A new integrated residential complex is also planned to enhance the quality of life in Duqm. Al Wahaibi emphasized that Tatweer has transitioned to a flexible, performance-based, fee-driven business model, moving away from a cost-recovery approach. This new model aims to grow the company's revenues by expanding its service offerings to investors in the Special Economic Zone at Duqm. — ONA
