Student company manufactures solar cells using new technology
Nour bint Mohammed al Mayyahiyah, the company's public relations manager, said that Aura specialises in developing and producing solar energy solutions, with a focus on perovskite technologies to enhance solar energy efficiency. The goal is to provide clean and efficient energy sources, reduce reliance on traditional solar panels, and contribute to achieving environmental and economic sustainability.
She added that the idea to establish the company came after seeing the challenges faced by traditional solar energy technologies, such as low conversion efficiency, high production costs, and the difficulty in manufacturing. After research and study, we discovered that perovskite technology offers an innovative and more efficient solution. The company was established to develop this technology and transform it into practical products that meet market needs.
Al Mayyahi said that there has been growing interest in our products and concept after we created a prototype and presented it to those interested in this field, particularly companies and institutions seeking clean and efficient energy solutions. "We are witnessing a significant growth in demand, and we are working to expand the scope of our services to better meet customer needs."
She pointed out that Aura's most notable achievements include developing the first local prototype of perovskite solar cells, participating in numerous competitions, including Injaz Oman and the Science Festival, and attracting public and private sector interest in this product as a sustainable energy source. — ONA
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Observer
2 days ago
- Observer
Oman oil price reaches $70.52 per barrel
MUSCAT: The official price of Oman oil for September delivery on Wednesday reached $70.52. The price of Oman oil decreased by 18 cents compared to Tuesday's price of $70.70. The monthly average price of Omani crude oil for July delivery reached $63.62 per barrel, a decrease of $4.25 compared to the price for June delivery. Meanwhile, international oil prices fell for the fourth consecutive session on Wednesday, as investors assessed trade developments including a US tariff deal with Japan ahead of a US stocks data announcement. Brent crude futures were down 50 cents, or 0.7%, at $68.05 a barrel as of 11:19 GMT. US West Texas Intermediate crude futures were down 47 cents, or 0.7%, at $64.78 per barrel. Both benchmarks lost about 1% in the previous session after the EU said it was considering countermeasures against US tariffs. US President Donald Trump said on Tuesday that the US and Japan had struck a trade deal that included a 15% tariff on US imports from Japan. 'The slide (in prices) of the past three sessions appears to have abated but I don't expect much of an upward impetus from news of the US-Japan trade deal as the hurdles and delays being reported in talks with the EU and China will remain a drag on sentiment', said an analyst. — Agencies MUSCAT: The official price of Oman oil for September delivery on Wednesday reached $70.52. The price of Oman oil decreased by 18 cents compared to Tuesday's price of $70.70. The monthly average price of Omani crude oil for July delivery reached $63.62 per barrel, a decrease of $4.25 compared to the price for June delivery. Meanwhile, international oil prices fell for the fourth consecutive session on Wednesday, as investors assessed trade developments including a US tariff deal with Japan ahead of a US stocks data announcement. Brent crude futures were down 50 cents, or 0.7%, at $68.05 a barrel as of 11:19 GMT. US West Texas Intermediate crude futures were down 47 cents, or 0.7%, at $64.78 per barrel. Both benchmarks lost about 1% in the previous session after the EU said it was considering countermeasures against US tariffs. US President Donald Trump said on Tuesday that the US and Japan had struck a trade deal that included a 15% tariff on US imports from Japan. 'The slide (in prices) of the past three sessions appears to have abated but I don't expect much of an upward impetus from news of the US-Japan trade deal as the hurdles and delays being reported in talks with the EU and China will remain a drag on sentiment', said an analyst. — Agencies
Times of Oman
2 days ago
- Times of Oman
OQEP enhances shareholder value through share buyback programme
Muscat: OQ Exploration and Production (OQEP) has announced a share buyback programme following approval from the Financial Services Authority (FSA). This initiative aims to enhance the company's ability to deliver value to its shareholders, in addition to its current annual base dividends of OMR231 million (equivalent to $600 million) and its semi-annual performance-linked dividends. The company stated that the programme will commence 15 days from Thursday, in accordance with the regulations of the FSA and the Muscat Stock Exchange. It will be implemented based on the resolutions passed during the company's Extraordinary General Meeting held last June, which amended the company's articles of association to enable share repurchases. OQEP clarified that the buyback programme targets the acquisition of between 45 million and 60 million shares over a period of six months from the programme's commencement, or until the targeted share purchase is completed. Eng. Ahmed Said Al Azkawi, CEO of OQ Exploration & Production, explained that this programme reflects confidence in the company's strong fundamentals and its long-term growth prospects. He noted that the company's shareholders will benefit from a capital return programme that includes the OMR231 million base dividend, a performance-linked dividend program, and the share buyback. He affirmed that OQ Exploration & Production remains focused on achieving growth, operational excellence, optimising its investment portfolio, generating strong and predictable cash flows, and ensuring long-term value for its shareholders.
Times of Oman
2 days ago
- Times of Oman
Bank Muscat launches new edition of 'EAGLEs' Programme for Branch Managers
Muscat: Bank Muscat, the leading financial services provider in the Sultanate of Oman, upholds commitment to developing the skills of national human resources. In line with its dedication and vision to foster sustainable professional growth and equipping employees with the leadership capabilities needed for navigating future challenges, the Bank has launched a new edition of the 'EAGLEs' Programme, a vital platform that empowers leading employees and aims to create a more connected, resilient, and accountable workforce. The 'EAGLEs' programme stands for Engage, Align, Grow, Learn, Evolve, and it constitutes a key initiative that underscores the Bank's strategic endeavours to invest in its employees and support its broader mission of empowering emerging Omani talent. The new edition is tailored for branch managers employed at the Bank's retail branches, corporate branches, as well as Meethaq's branches, aiming to recognize their pivotal role in driving operational excellence, customer satisfaction, and team performance. It is worth noting that the current edition will feature a total of 181 participants from branch managers and run into two batches. To mark the occasion, Bank Muscat held an event for the first batch of the new edition, that was attended by members of the executive management and branch managers across the entire branch network, including conventional, corporate and Meethaq Islamic Banking branches. All participants will undergo training with the aim to equip them with essential business development tools, enabling them to deliver exceptional banking services and enrich the overall customer experience. On this occasion, Ahmed Faqir Al Bulushi, Deputy Chief Executive Officer – Banking at Bank Muscat, delivered a keynote address applauding the vital and impactful role of branch managers in driving business development and delivering top-tier service to customers. He said: 'This programme represents a significant milestone in the Bank's journey toward cultivating a culture of excellence, innovation, and continuous growth. It also serves as an effective platform for learning and skill-building among Omani banking professionals, enabling them to better serve customers and contribute meaningfully to the Bank's long-term success. The 'EAGLEs' Programme is part of the Bank's ongoing efforts to align with customer expectations and meet their banking needs, in line with its vision 'To serve you better everyday.' We would like to deliver our best wishes to all branch managers who are a cornerstone of the Bank's operational structure, representing the face of the institution and playing a central role in implementing strategic objectives.' Ahmed Al Bulushi further reiterated: 'Effective leadership is essential to realizing the Bank's strategic goals. The programme provides an ideal forum for branch managers to exchange ideas, refine leadership competencies, and strengthen teamwork. Bank Muscat, remains dedicated to investing in its employees' capabilities, encouraging open communication between branch leadership and senior management, and fostering a collaborative, innovative, and success-driven work culture rooted in the Bank's core values.' Bank Muscat places great importance on developing the skills of its employees through a wide range of training programmes and educational opportunities from the outset of their employment. The Bank has set a strategic plan aimed at extending its support to developing human resources and opening new pathways for young Omanis to showcase their professional potential, by performing across-department coordination for assessing staff needs and responding proactively to evolving workforce and banking sector demands. Over the years, Bank Muscat has continued to enhance its model work environment, ensuring the delivery of world-class services and facilities to both individual and corporate customers. Today, the Bank is recognized as an employer of choice and a preferred career destination for many young Omanis. The Bank currently has over 4,000 employees across departments and branches in all governorates of the Sultanate. Employees benefit from diverse opportunities to participate in training programmes and workshops. In 2024, Jadara Academy, the Bank's dedicated Learning and Development Center, organized over 525 training programmes and online modules that provided 46737 training seats over a total of 51354 training days. Over 164 employees participated in different programmes, including educational and training programmes as well as opportunities to pursue higher education at local colleges and universities. In addition, a number of 55 employees successfully completed their professional certifications during various programmes.
