Oman Economic Review – August 2018

6 August 2018

INSIDE

60

OIL & GAS

DEVELOPING

INTEGRATED

COMMUNITY TOWNSHIP

The Ras Al Hamra residential

development project will

provide high-quality, low-density

homes and amenities in an

environmentally sustainable

community

Editorial 2

Economy Watch 8

Business Briefs 10

In the News 17

Telecom 63

Insurance 66

Manufacturing 68

Auto Talk 70

Auto News 72

Billboard 74

Advertorial 76

COVER STORY 23

Majid Al Futtaim first half revenue rises by 13 per cent

Majid Al Futtaim has announced its preliminary and unaudited operational and financial results for the first six

months of the year, with overall group revenue rising by 13 per cent to Dh17.8bn and Ebitda growing by 4 per

cent to Dh2.1bn.

Shell Intilaaqah launches new workshop series

Shell Intilaaqah’s “Aspire and Inspire” programme has launched its second workshop series entitled, “How to

Become a Successful Business Owner,” in a bid to equip aspiring Omani entrepreneurs with the skillsets needed

to develop their business plans and feasibility studies

Bank Nizwa, Zubair SEC join hand to support SMEs

Bank Nizwa has teamed up with the Zubair Small Enterprises Centre (Zubair SEC), a social impact initiative by the

Zubair Corporation, to support the growth of small and medium enterprises in Oman

ECONOMY COMPANIES INDUSTRY LEADERS SPEAK SPECIAL REPORTS JOBS

58

BANKING

PERSONALISED

SERVICES

Abdulnasir Al Raisi, DGM –

Premier Banking, Bank Muscat

speaks about the bank’s

vision in private banking and

the unique premier banking

services it offers

PURSUIT

OF SHRED

VALUE

20

INTERVIEW

SETTING NEW BENCHMARK

Mahmood Mohamed Ali Al Jarwani, Chairman, Al Jarwani Group believes

that real estate investment has a promising future in the Sultanate in view

of its potential in contributing to the national economy