Latest news with #AlFarsi
Mid East Info
26-06-2025
- Business
- Mid East Info
Oman's finance and leasing sector supports economic diversification under Vision 2040 - Middle East Business News and Information
Oxford Business Group's latest Growth and Perspectives video highlights the sector's role in enhancing access to capital and enabling sustainable growth Muscat, June 2025: Sultanate of Oman financial services industry continues to play a central role in supporting the country's long-term development strategy. A new Growth Perspectives video produced by Oxford Business Group (OBG) in partnership with National Finance Company, the sultanate of Oman leading finance company, explores how the finance and leasing segment is fuelling economic diversification by addressing funding gaps and facilitating investment across key sectors. The video, titled Sultanate of Oman Finance and Leasing Sector Fuelling Economic Diversification, examines the ways in which financial solutions are enabling businesses to scale up operations, create employment opportunities and contribute to national growth. Particular emphasis is placed on the role of tailored financing mechanisms in supporting small and medium-sized enterprises (SMEs), which are recognised as vital to private sector development. Under Oman Vision 2040, economic diversification and private sector participation are top priorities. The finance and leasing sector is well positioned to contribute to these objectives through the provision of capital for logistics, construction, manufacturing and other industries. Leasing arrangements for industrial equipment, working capital loans and sale-and-leaseback options are among the solutions highlighted in the video as helping to bridge the financing gap for businesses of all sizes. The interview features insights from Tariq Sulaiman Al Farsi, Chief Executive Officer of National Finance Company, who outlines the company's approach to facilitating access to finance through inclusive, innovation-driven products and services. He also discusses how the company is aligning its strategy with the broader goals of Oman Vision 2040, including support for emerging sectors such as renewable energy and digital technology. 'Financial inclusion is fundamental to achieving economic diversification,' Al Farsi said. 'At National Finance, we are committed to supporting Sultanate of Oman growth by empowering entrepreneurs, enhancing access to credit and ensuring that our solutions are designed to meet the needs of a rapidly evolving economy.' Dana Carmen Agarbicean, OBG's Country Director in Sultanate of Oman, noted that the country's finance and leasing sector has become an essential enabler of long-term development. 'Sultanate of Oman progress towards a more diversified economy is underpinned by robust and adaptive financial mechanisms. The sector's contribution to national priorities—particularly the growth of SMEs and strategic industries—reflects its key role in shaping a resilient and competitive business environment,' she said. This Growth Perspectives video forms part of Oxford Business Group's wider research for The Report: Sultanate of Oman 2025, the Group's forthcoming publication on the country's investment opportunities and economic developments. An in-depth interview with Tariq bin Sulaiman Al Farsi will also appear in the report. To view the video, visit: About Oxford Business Group Oxford Business Group (OBG) is a global research and advisory company with a presence in over 30 countries, spanning Africa, the Middle East, Asia, and the Americas. It is recognised internationally as a distinctive and respected provider of on-the-ground intelligence on world's fastest-growing markets, termed The Yellow Slice, in reference to OBG's corporate colour. Through its range of products – Economic News and Views; OBG CEO Surveys; OBG Events and Conferences; Global Platform, which hosts exclusive video interviews; and The Report publications – as well as its Advisory division, OBG offers comprehensive and accurate analysis of macroeconomic and sector-level developments for sound investment opportunities and business decisions. OBG provides business intelligence to its subscribers through multiple platforms, including its direct subscribers, Dow Jones Factiva subscribers, the Bloomberg Professional Services subscribers, Refinitiv's (previously Thomson Reuters) Eikon subscribers, and more.
Observer
22-06-2025
- Business
- Observer
OJT partners, UTAS graduates feted
MUSSANAH: The University of Technology and Applied Sciences – Al Mussanah (UTAS-Al Mussanah), through its Training and Career Guidance Center, hosted the second graduates gathering and recognition ceremony on June 19. Held under the auspices of Dr Munia bint Mohammed al Farsiyah, Deputy Assistant Vice-Chancellor for E-Systems and Student Services, the event recognised key partner institutions involved in the On-the-Job Training (OJT) Programme for the 2024-2025 academic year. A total of 20 public and private sector institutions were honoured for their support in providing students with practical, real-world training experiences. Notably, the Royal Navy of Oman received special recognition for training over 100 students across the 2023-2024 and 2024-2025 academic years, establishing itself as one of the university's most active OJT partners. The gathering also brought together UTAS graduates currently employed at the Al Mussanah campus. The event provided a vibrant and engaging atmosphere, filled with graduate-led activities and entertainment that encouraged networking and connection among attendees. In her address, Dr Al Farsi lauded the contributions of the partner institutions and stressed the importance of strengthening ties with the labour market to enhance student preparedness and align with the objectives of Oman Vision 2040. The ceremony concluded with the presentation of commemorative plaques and certificates of appreciation, reaffirming the university's commitment to building impactful partnerships and advancing training initiatives in step with national development goals.
Gulf Today
27-05-2025
- Automotive
- Gulf Today
Dubai makes vehicle inspection appointments mandatory across all testing centres
Gulf Today, Staff reporter Dubai's Roads and Transport Authority (RTA) has activated the Vehicle Inspection Appointment Booking service on the 'RTA Dubai' app and the website . Effective 2nd June 2025, the booking will be mandatory for all vehicle inspections at technical testing centres across the emirate. For customers who prefer to visit without a prior appointment, an optional walk-in service will be available at 19 centres, subject to an additional service fee of AED 100. The Technical Inspection services through pre-booking appointments are available at 8 other centres, without the walk-in service at these eight centres. The centres are Wasel Al Arabian Centre & Nad Al Hamar, Shamil Al Adid, Al Muhaisnah and Nad Al Hamar, Al Mumayaz Vehicle Testing Al Mizhar, and Tasjeel Al Tawar and Al Mankhool. The decision to expand the service follows the tangible success of the pilot phase, launched in October last year exclusively at the Tasjeel centres in Al Qusais and Al Barsha. The initiative proved effective in saving customers time and effort. Through this expansion, RTA aims to enhance the quality of this vital service, which benefits a broad segment of the population, and to improve customer satisfaction by reducing waiting times for vehicle inspections. The move also reflects RTA's commitment to enriching the customer experience by providing seamless access to premium services across multiple channels. The results of the six-month pilot phase revealed a notable reduction in average customer waiting times for vehicle inspection services at the Al Qusais and Al Barsha centres, by approximately 46%, alongside a 15% decrease in the occupancy rate of physical inspection transactions relative to total available capacity. The volume of vehicle testing transactions at both centres also declined by 13%. Despite this reduction, revenue levels remained unaffected. Additionally, 52% of customers chose to use the pre-booking system, 26% of transactions were completed via the optional walk-in service, and the remaining 22% were for other services that did not require prior appointments. Qais Al Farsi, Director of Vehicle Licensing at RTA's Licensing Agency, said: 'The outcomes of the pilot phase demonstrated a clear improvement and a positive shift in reducing congestion at inspection centres, particularly during peak hours, one of the most persistent challenges at these facilities.' 'The wider rollout of the initiative across vehicle testing centres is expected to yield several key benefits, most notably saving customers time and effort, reducing waiting times by around 40%, and improving occupancy rates, particularly at centres where utilisation had previously exceeded 80%,' he added. Al Farsi further noted: 'The appointment booking system has been made mandatory for all customer and vehicle categories at technical testing centres, except for vehicles registered in Dubai and owned by People of Determination and seniors, both citizens and residents. These individuals are exempt from the booking requirement for vehicle inspection services, in line with RTA's commitment to ensuring accessible and inclusive service delivery for these two key customer segments.' A total of 27 technical testing centres across Dubai now require booking for vehicle inspections via the RTA Dubai smart app or website ( ). Tasjeel Hatta centre is exempt from the appointment booking requirement.
Observer
19-05-2025
- Health
- Observer
Fire accidents on the rise; CDAA calls for caution
Muscat, May 19 Over the past one week, there has been a surge in fire accidents in commercial buildings, residential areas and farmlands. From January 1 to the end of April 2025, the Civil Defence and Ambulance Authority (CDAA) received a total of 1,204 fire accident reports. "During the month of May, the Sultanate of Oman experiences a gradual increase in temperatures, which contributes to a higher risk of fire incidents. The main causes observed during this period include poor or non-compliant electrical installations, negligence in the use of electrical and heating appliances such as air conditioners and stoves," First Lieutenant Ali bin Said al Farsi from CDAA, told the Observer. He pointed out that other causes are open burning without proper safety precautions and careless disposal of cigarette butts near flammable materials. "Preliminary statistics indicate a relative increase in fire-related reports during the summer season, particularly in May and June. This is due to rising temperatures and unsafe practices by individuals or in various facilities," he said. The firefighting teams of the Civil Defence and Ambulance Authority in the Governorate of Al Dhahirah were able to extinguish a fire that broke out in a house in the Wilayat of Yanqul without recording any injuries. Rescue and ambulance teams of CDAA in the Governorate of Muscat responded to a partial collapse in a commercial residential building in Bausher. Initial evidence indicated a momentary gas explosion resulting from a cooking gas leak in a restaurant. The accident resulted in the death of two Asian nationals. The authorities are investigating the circumstances of the accident. The CDAA's firefighting teams in the Governorate of Al Batinah North were able to extinguish a fire that broke out in trees in the Wilayat of Shinas, and there were no injuries. A hypermarket also experienced a fire accident. In Muscat, the CDAA, with the support of the Special Tasks Police Unit in Al Seeb, was able to control a fire mishap and prevent it from spreading. Al Farsi explained that fires involving trees and vegetation are often caused by high temperatures and extreme dryness, which make dry grass and leaves highly flammable, in addition to careless disposal of cigarette butts or glass objects that may focus sunlight. Other major causes have been campfires or outdoor cooking without ensuring full extinguishment and agricultural or industrial activities near green areas without proper safety measures, he noted. However, electrical fires remain one of the most common types of fire incidents, particularly in homes and commercial establishments. "These are usually caused by improper and unsafe electrical wiring, lack of regular maintenance for electrical appliances and the use of non-standard or counterfeit electrical devices," Al Farsi stressed. The Civil Defence and Ambulance Department in Muscat carried out a joint practical exercise in cooperation with OQ Company and the relevant authorities in Al Seeb. This exercise aimed to enhance the preparedness of emergency teams and improve their ability to respond to industrial accidents. It included a number of scenarios, including a crude oil leak from a pipeline and a fire breaking out during technical inspections, with a number of casualties. The aim of the exercise was to develop field capabilities and enhance coordination among various stakeholders to ensure a rapid response and effective intervention in such emergency incidents. The firefighting teams of the Civil Defence and Ambulance Department in the Governorate of Al Sharqiyah South were able to control a fire that broke out in a warehouse in the Wilayat of Jaalan Bani Bu Hassan, with no injuries recorded. The Civil Defence and Ambulance Authority has amended the application for suggestions, complaints, reports and inquiries related to its services - the Tajawub platform. SAFETY TIPS - Ensure all electrical installations are safe and do not overload power outlets - Avoid leaving electrical appliances running while away or asleep - Refrain from lighting fires in open areas, especially during peak heat hours - Do not store flammable materials in areas exposed to direct sunlight - Keep fire extinguishers at home and in vehicles, and know how to use them - Call emergency number (9999) or (24343666) immediately in case of any fire incident
Sharjah 24
16-04-2025
- General
- Sharjah 24
SGWCA's 7th edition announces cultural personality
Recognition of exceptional cultural contributions Salha Ghabish, Cultural Adviser and Head of the Cultural Office at the Council, stated, 'This honour has been introduced within the award in recognition of the efforts of women who have made exceptional cultural contributions that enriched their experience. These women have demonstrated experience and excellence in intellectual and professional fields recognised in Gulf and Arab cultural circles, have engaged with cultural institutions worldwide, and have helped promote Arab and Gulf culture through their creative output.' Honouring Dr Saeeda Al Farsi She added, "Dr Saeeda bint Khatir bin Hassan Al Farsi, from the sisterly Sultanate of Oman, has been selected to be honoured on 30 April, during the ceremony for awarding the winners." She is considered one of the influential figures in Omani and Gulf society, with literary and poetic publications, numerous critical studies, and contributions to editorial boards of several journals. She has participated in various literary evenings, seminars, lectures, and guidance camps locally, regionally, and internationally, as well as in several literary conferences and festivals. She also established her own cultural salon that welcomes intellectuals, creatives, and cultural figures from the Gulf and the Arab world.' Academic background and leadership roles Al Farsi holds a bachelor's degree in Arabic language and Islamic Sharia and a diploma in education from Kuwait University (1977), a master's degree in Arabic language specialising in criticism, rhetoric, and comparative literature from Cairo University (Faculty of Dar Al Uloom) (1994), and a PhD in criticism and rhetoric from the same faculty (2002). She has held several prominent positions, including being a member of the State Council in 2012, chairperson of the Omani Society for Writers and Literati from 2010 to 2012, and head of cultural activities at Muscat College of Science and Technology from 1996 to 1999. Dr Al Farsi's reflections on the honour Commenting on winning the award, Al Farsi said, 'When we are recognised for a commendable cultural achievement and Sharjah celebrates it, all eyes turn towards it, and hearts are drawn to the positive influence it imprints in the minds of intellectuals. Sharjah shines with the light of knowledge, science, and culture, guided by that beacon and enhancing the experiences appreciated by a father figure who makes culture a lantern for those who seek the way.' A tribute to Sharjah and its leadership 'To Sharjah I say, sometimes words fail us, and joy is something to be lived rather than spoken." My sincere thanks go out to all the cultural figures in Sharjah and those who care about culture and intellectuals. Thanks to His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Member of the Supreme Council and Ruler of Sharjah. Thanks to Her Highness Sheikha Jawaher bint Mohammed Al Qasimi, Wife of His Highness the Ruler of Sharjah and Chairperson of the Supreme Council for Family Affairs (SCFA). May God bless you with the wisdom, enlightenment, and brilliance that you sow in the hearts of people at all times. I also thank the cultural office that manages and oversees the Sharjah Gulf Women Creativity Award and everyone who leads, represents, and works within it. Gratitude to the Cultural Office and recognition of women's roles I deeply appreciate your focus on those who are most vital in our lives — the backbone of society — and your direction towards families and their women who are mindful, hard-working, and dedicated. This enlightened awareness allows women, proud of their role and devoted to supporting their cultural output, to rival their male peers and enables society to firmly advance towards development and human progress for all mankind. Previous edition's cultural personality The cultural personality of the previous edition of the award was the poet Fawziyya al-Sindi from the Kingdom of Bahrain.
