‘We can do more’ vision reflects readiness to face future challenges New Organisation Structure to consolidate Bank’s leading position
MUSCAT — Oman Airports Management Company (OAMC) has announced a revision in tariffs applicable to vehicle parking in the three car parks adjoining Muscat International Airport.
The move, according to an official of OAMC, is aimed at reducing congestion in the car parks and the subsequent spillover of traffic into the main carriageway leading to the terminal.
Wihaad Saud al Harthy, Marketing Manager Aeronautical, said the revisions were part of efforts by OAMC to address the unprecedented 42 per cent surge in passenger throughput at Muscat International Airport during 2011.
Under the revised system, which comes into effect from February 1, a new tariff structure will be applied and designed to encourage short-term parking in the car park located closest to the terminal, and medium and long-term parking in the other places.
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MUSCAT — The 8th International Scientific Conference for Medical Students of the GCC Countries opened yesterday at the Sultan Qaboos University (SQU) under the auspices of Dr Ahmed bin Mohammed al Saeedi, Minister of Health.
Around 1,200 students from 40 universities and medical colleges from around the GCC are taking part in the conference.
Yahya al Farsi, Dean of the College of Medicine and Health Science at SQU, thanked the university for supporting the conference and the organising committees for the event.
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MUSCAT — With the concept of uniting the Gulf states to contest in a race around the home waters and to promote the region as an ideal destination for hosting world-class regattas and high profile sporting events, the second edition of Sailing Arabia — The Tour (SATT) 2012 will kick of from February 12-27.
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MUSCAT — The Public Establishment for Industrial Estates (PEIE) signed with COMO Facilities Management Services, a trade name for United Facilities Management Services LLC — an Omani Integrated Facilities Management Services Company — to provide operation and maintenance services to its utilities and common areas in the various industrial estates across the Sultanate; namely Rusayl Industrial Estate, Knowledge Oasis Muscat (KOM), Nizwa Industrial Estate, Sur Industrial Estate, Raysut Industrial Estate, Al Mazunah Free Zone, Buraimi Industrial Estate, and Sohar Industrial Estate.
One of the foundation elements of the company is to provide job opportunities for Omani nationals.
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MUSCAT — Marking 30 years of successful growth, Bankmuscat, the flagship financial institution in the Sultanate, on Saturday (28 January 2012) unveiled its new Vision and Management Team, reflecting the strategy for the coming period and bringing on board several competent staff who have recorded exemplary career achievements and leadership skills.
The new Vision and Organisation Structure heralding a new era were announced at the Bank’s 2012 Leadership Summit Conference.
The dynamic vision adopted by Bankmuscat reflects the readiness to face future challenges. The vision statement is:
“We can do more”
Leadership means challenging everything we do, continuously. To listen, to improve and to look for positive change. Because, only through questioning convention, can we truly deliver sustainable volume.”
Shaikh Khalid bin Mustahail al Mashani, Chairman, said: “The year 2012 marks a momentous occasion as Bankmuscat celebrates 30 years of successful growth on the solid foundation of its talented people. Ushering in a new era of strategic growth, the bank has adopted the new Vision and Organisation Structure, defining ambitious goals for the coming period.”
Shaikh Khalid said: “To ensure top leadership consolidation, the positions of Chief Executive, Deputy Chief Executive and Chief Operating Officer remain unchanged in the new Organisation Structure. Sunder George, Deputy Chief Executive, who will be retiring by the end of the year, has helped lift Bankmuscat to the position of number one bank in Oman. In recognition of his vital and important guidance and leadership, it is expected that Sunder George will continue to be associated with the bank in an advisory role.”
Commenting on the new Organisation Structure, Abdulrazak Ali Issa, Chief Executive, said: “The rationale behind the new Management Team is in line with the vision of His Majesty Sultan Qaboos for a qualitative shift in national workforce, thereby providing more career growth opportunities for talented youth. During the past five years, the operating and business environment has significantly changed and increased in size, scale and complexity of business. The increased competition and the impending launch of Islamic Banking also weighed in the bank’s review of the Organisation Structure.”
Abdulrazak said: “Bankmuscat enjoys the legacy of a stable leadership and competent Management Team committed to initiating changes that lead to future success. The new Organisation Structure is a step in this direction as the bank seeks to further consolidate its leading position.”
Bankmuscat has the distinction of outstanding leadership at all levels and attracts the best cadres for employment. Bankmuscat has achieved 93 per cent Omanisation, giving priority for Omanis to occupy important positions.
The bank’s women empowerment strategy is also notable as 42 per cent of staff are women holding various positions, including senior management positions. Bankmuscat remains committed to developing its leadership pool from among talented young Omanis and thereby contribute to Oman’s future.
Full details of the new Organisation Structure can be found on the bank’s website.