Latest news with #Zakwani
Muscat Daily
10-05-2025
- Business
- Muscat Daily
Oman-British Society symposium explores innovation, trade ties and Vision 2040 goals
Muscat – The Oman-British Society (OBS) hosted a symposium on Thursday to explore the future of economic development, legal frameworks, and innovation in the sultanate. Titled 'Unlocking Oman's Future: Law, Trade, and Innovation in Action', the event brought together economists, academics, policymakers, and business leaders to discuss strategies for fostering sustainable economic growth in Oman. Key topics included legal reforms, trade facilitation, technological innovation, and renewable energy, with particular emphasis on the emerging green hydrogen sector. Speaking at the opening of symposium, Saleh Zakwani, Chairman of the Oman-British Society, reaffirmed the Society's longstanding role in strengthening the deep-rooted relationship between Oman and the United Kingdom. He noted that the Oman-British Society, founded in 1991, has consistently worked to deepen bilateral ties, particularly in trade, investment, and partnership development. Zakwani underscored OBS's focus on enhancing commercial and industrial cooperation and broadening collaboration in education, culture, tourism, and sports between the UK and Oman. 'To advance these goals, the Society hosts meetings, seminars, lectures, and discussion forums, all aimed at nurturing friendship, trust, and mutual understanding between Oman and the UK,' he said. He added that the Society's influence is amplified by the calibre of its members, who are able to raise issues of public interest with decision-makers, thereby helping to facilitate greater trade and investment. Haifa al Khaifi, Secretary General of the Oman-British Society, said, 'It was an honour for the OBS to host this pivotal gathering, which brought together thought leaders and innovators to explore how law, trade, and innovation can unlock Oman's vast potential. The event underscored the deep-rooted Omani-British partnership, with the UK now accounting for 51% of total foreign direct investment into Oman – a testament to our enduring trust and shared vision.' She added that from green hydrogen to smart cities, Oman is charting a resilient, diversified future under Vision 2040. 'I am proud to witness this momentum and remain committed to fostering meaningful connections that will shape a prosperous, collaborative future for Oman and its longstanding partners.' The symposium provided a comprehensive overview of Oman's steady transition towards a diversified, resilient, and investor-friendly economy in line with Vision 2040. During the event, Mohammed al Hinai, a seasoned economic adviser specialising in trade, investment strategy, and economic development, spoke to Muscat Daily on the enduring strength of Omani-British relations. 'Our cooperation spans sectors such as technology, energy, and mineral resources. British companies have long invested in Oman, and this trend continues to grow,' he said. Hinai emphasised the UK's position as a European technology hub, a role that benefits Omani companies by supporting their growth in both financial and technological domains. He described such symposiums as essential for reviewing progress and stimulating dialogue in key fields such as trade, innovation, and green energy. Several speakers at the event highlighted the importance of innovation-driven policy, legal modernisation, and creating an enabling environment for start-ups and foreign investors. The role of academic and research institutions in supporting Oman's shift towards a knowledge-based economy also emerged as a key theme. In a detailed presentation, Alkesh Joshi, EY Oman Tax Leader and EY MENA Sustainability Tax Leader, outlined the country's progress towards Vision 2040 goals, citing advances in diversification, fiscal stability, and investment attractiveness. He opened his address by stressing the importance of measuring Vision 2040 implementation through performance indicators. Joshi also pointed to Oman's improved global rankings. Highlighting Oman's demographic strengths, Joshi remarked that 73% of the country's 5.2mn population fall within the 15–50 age group, offering a vibrant talent pool and consumer base. On the macroeconomic front, he said Oman's GDP performance remains competitive within the GCC, while public debt management has improved markedly. The Oman-British Society symposium concluded with a panel discussion focusing on policy recommendations and collaborative efforts between Oman and the UK to accelerate economic diversification under Oman Vision 2040.
Zawya
08-04-2025
- Business
- Zawya
Oman: Nama Water working on projects worth more than $1bln
Muscat – Nama Water Services is currently working on a series of key projects valued at more than RO550mn, according to Qais bin Saud al Zakwani, CEO of the company. The announcement was made during the opening of the Oman Water Week conference on Monday at the Oman Convention and Exhibition Centre, with over 100 international and regional experts in attendance. In his speech, Zakwani said that the company's ongoing projects include significant investments in water transmission lines, increased storage capacity, and expanded sanitation networks. He also stated that Nama Water Services is committed to further investment in these sectors in the future. He added that Nama Water Services aims to maximise local added value by allocating 20 per cent of the total cost of strategic projects to local content, with a focus on engaging small and medium enterprises. This, he said, will support the national economy and create new opportunities for entrepreneurship in the water and infrastructure sectors. Furthermore, Nama Water Services is exploring alternative water resources to maximise benefits from various sources. One notable project is the Wadi Dayqah Dam Water Purification Plant in Quriyat, which will utilise surface water and purify it according to the highest international technical standards. The company has also made progress in upgrading its water metre infrastructure, converting mechanical metres to digital ones. This upgrade has resulted in approximately 95% of subscribers now having access to digital metres, which help raise awareness about water conservation by providing real-time updates on consumption. 'This also ensures more accurate billing for consumers.' In line with its efforts to optimise water use, Nama Water Services has established a monitoring centre that operates around the clock to analyse water consumption patterns. 'This allows the company to address challenges promptly and efficiently.' Zakwani also emphasised the importance of reclaimed water, treated using international best practices. He stated that reclaimed water is essential for ensuring the efficient use of water resources and promoting environmental balance by increasing green spaces across Oman. Oman Water Week 2025 features a range of specialised sessions and workshops focused on water management, innovative technologies, and emerging trends in the field. The event also includes an exhibition with over 60 exhibitors from more than 25 countries. © Apex Press and Publishing Provided by SyndiGate Media Inc. (
Muscat Daily
07-04-2025
- Business
- Muscat Daily
Nama Water working on projects worth more than RO550mn
Muscat – Nama Water Services is currently working on a series of key projects valued at more than RO550mn, according to Qais bin Saud al Zakwani, CEO of the company. The announcement was made during the opening of the Oman Water Week conference on Monday at the Oman Convention and Exhibition Centre, with over 100 international and regional experts in attendance. In his speech, Zakwani said that the company's ongoing projects include significant investments in water transmission lines, increased storage capacity, and expanded sanitation networks. He also stated that Nama Water Services is committed to further investment in these sectors in the future. He added that Nama Water Services aims to maximise local added value by allocating 20 per cent of the total cost of strategic projects to local content, with a focus on engaging small and medium enterprises. This, he said, will support the national economy and create new opportunities for entrepreneurship in the water and infrastructure sectors. Qais bin Saud al Zakwani Furthermore, Nama Water Services is exploring alternative water resources to maximise benefits from various sources. One notable project is the Wadi Dayqah Dam Water Purification Plant in Quriyat, which will utilise surface water and purify it according to the highest international technical standards. The company has also made progress in upgrading its water metre infrastructure, converting mechanical metres to digital ones. This upgrade has resulted in approximately 95% of subscribers now having access to digital metres, which help raise awareness about water conservation by providing real-time updates on consumption. 'This also ensures more accurate billing for consumers.' In line with its efforts to optimise water use, Nama Water Services has established a monitoring centre that operates around the clock to analyse water consumption patterns. 'This allows the company to address challenges promptly and efficiently.' Zakwani also emphasised the importance of reclaimed water, treated using international best practices. He stated that reclaimed water is essential for ensuring the efficient use of water resources and promoting environmental balance by increasing green spaces across Oman. Oman Water Week 2025 features a range of specialised sessions and workshops focused on water management, innovative technologies, and emerging trends in the field. The event also includes an exhibition with over 60 exhibitors from more than 25 countries.
Muscat Daily
23-03-2025
- Business
- Muscat Daily
Dayqah Dam to offer alternative potable water source for Muscat
Muscat – Nama Water Services has signed an agreement with a private sector company to develop a water purification plant at Wadi Dayqah Dam in Quriyat, the first of its kind in the region. Estimated to cost over RO55mn, the project aims to enhance water security and ensure a stable supply of potable water. The agreement was signed by Qais bin Saud al Zakwani, CEO of Nama Water Services, and Sultan bin Abdullah al Jafari, Chairman of Al Tayer Engineering Services Company, which will implement the project. The signing ceremony was attended by H E Dr Saud bin Hamoud al Habsi, Minister of Agriculture, Fisheries Wealth and Water Resources. Developed under a 20-year public-private partnership using the build, own and operate model, the plant is expected to be completed within 22 months. It will have production capacity of 65,000m3 per day, with 35,000m3 allocated for potable water supply and 30,000m3 for agriculture irrigation. Zakwani said the project is of 'strategic importance' in strengthening Oman's water security. 'Nama Water Services is committed to meeting the rising demand for water driven by population growth and urban expansion. This project optimises the dam's water output and ensures sustainable supply in line with Oman Vision 2040.' The plant will be connected to the main water transmission network, allowing for resource sharing during emergencies and ensuring service continuity. Zakwani highlighted the fact that the plant will create over 100 indirect jobs during construction and operations, with a commitment to at least 50% Omanisation in direct jobs. Abdullah bin Mohammed al Nuaimi, CEO of Operations and Maintenance at Nama Water Services, said the plant would serve as an alternative water source to support Muscat governorate, reducing dependence on desalination. 'It will mitigate supply disruptions from desalination plant outages and marine phenomena such as cyclones and algal blooms. It will also provide a reliable supply to Quriyat, Amerat and the wider water network.' The plant will utilise advanced purification technologies and energy-efficient systems, benefiting from the lower salt content in dam water compared to seawater. Infrastructure developments will include a 7km transmission line connecting the dam to the plant, a pumping station and a 20,000m3 collection tank. Nama Water Services stated that the project will adhere to Omani drinking water regulations and be a key addition to the sultanate's water infrastructure.
Muscat Daily
25-02-2025
- Business
- Muscat Daily
Nama Water implementing projects worth RO700mn
Muscat – Nama Water Services Company is undertaking a series of strategic initiatives to enhance water security and promote sustainability across Oman. According to CEO Qais bin Saud al Zakwani, the company is implementing 27 projects worth over RO700mn aimed at strengthening water and sanitation infrastructure across governorates. These projects are expected to contribute approximately RO193mn to the country's local added value. The announcement was made on Tuesday, alongside the signing of four agreements to upgrade water distribution and sewage networks. These agreements cover the design and construction of water distribution systems in Dhahirah – including the wilayats of Ibri, Yanqul and Dhank – and in Dakhliyah, covering Samail and Izki. Additionally, sewage networks will be developed in Al Ansab, Muscat. 'These projects will help expand the coverage rate of water networks in Oman to exceed 72.8%,' Zakwani said. He also noted that the number of beneficiaries of Nama's services is expected to reach 937,970 subscribers once these projects are completed. Key infrastructure improvements include a water transfer project from Suhar desalination plant to Dhahirah, enhancement of network between desalination plants in Barka and Suhar, improvements to the water transfer system in Dakhliyah, and enhancement of networks between North Sharqiyah and South Sharqiyah. Zakwani also highlighted the company's commitment to supporting local employment through its Omanisation initiative. 'We have provided about 885 jobs in the water sector through permanent contracts with partner companies, raising Omanisation rate in these firms to 84%.'
