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September 28, 2020
MUSCAT, SEPT 27 – Oman Society for Petroleum Services (OPAL), the Sultanate’s first and only oil and gas/energy society, has signed a Memorandum of Understanding with the Ministry of Higher Education, Scientific Research and Innovation to support COVID-19 testing for Omani students going overseas on scholarships during the 2020/2021 academic year. The agreement is in line with OPAL’s ongoing efforts to assist the competent authorities, as well as the local community, in mitigating the effects of the COVID-19"...
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September 27, 2020
Muscat: A cooperation programme has been signed between Ministry of Higher Education, Research and Innovation and Public Establishment for Industrial Estates (Madayn) to boost cooperation in various fields that serve education, scientific research and innovation. The agreement, which comes in line with the significance of establishing robust partnership and integration between various bodies, was signed by Dr Rahma bint Ibrahim Al Mahrouqiyah, Minister"...
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U.S. MRTP Authorization Pathway Explored in PMI’s Latest Scientific Update
September 28, 2020
Philip Morris International (PMI) (NYSE: PM) has released the 11th edition of its Scientific Update, a regularly issued publication on its research efforts to develop and scientifically assess a range of smoke-free alternatives to cigarettes. The latest edition features an overview of the historic decision made by the U.S. Food and Drug Administration (FDA) to authorize the marketing of the IQOS Tobacco Heating System with reduced exposure information."...
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Northern Trust Adds Relationship Management and Client Service Leaders to Middle East and Africa Executive Team
September 28, 2020
Northern Trust (Nasdaq: NTRS) today announces it has made two senior appointments to its Middle East and Africa asset servicing business. The new positions, based in Abu Dhabi, United Arab Emirates, support Northern Trust’s continued business growth across the region, and follow the expansion of its senior management team in Saudi Arabia, announced earlier this month. Justin Miller has been appointed head of relationship management for the Middle East and Africa and is responsible for the oversight and strategic development of asset servicing relationships for Northern Trust in the region. Miller leads a team of relationship managers providing asset servicing, capital markets, liquidity and data solutions in support of Northern Trust’s clients’ investment strategies. Miller has 18 years’ experience working in the asset servicing industry and has spent 12 years working......
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Omantel takes concrete steps to bolster cybersecurity
September 28, 2020
Muscat: As businesses, organisations and individuals have begun to exceedingly depend on the Internet and telecommunications for business and services, the need for data security and cyber defence cannot be emphasised enough. Omantel, the Sultanate’s pioneering and trusted telecommunications service provider, has remained steadfast in aligning its efforts with Oman’s national information security strategy, which is based on international"...
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Raysut Cement brings on board young leaders at key management positions
September 28, 2020
Muscat: Oman’s largest cement manufacturer, Raysut Cement Company (RCC), announced a significant corporate revamp bringing on board young leaders from within the organisation to new roles at key positions of the top management, on Sunday. In a statement, the Muscat Securities Market (MSM)-listed company said bringing new leaders to steer the company has been done at a time of crucial regional and global expansion of Raysut into new and diverse"...
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RO 10.4m deal to support financing of date processing complex in Nizwa
September 28, 2020
MUSCAT, SEPT 27 – Nakheel Oman Development Company SAOC, a joint venture partnership of the Directorate General of Million Date Palm Plantation Project and Oman National Investments Development Company (Tanmia), has signed a strategic financing deal worth RO10.4 million with Bank Nizwa to support the development and construction of a date processing industrial complex in the Wilayat of Nizwa. Representing Bank Nizwa at the Musharaka financing transaction signing were Shaikh Khalid al Khaili, Chairman, Khalid al Kayed,"...
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Satellite coverage for remote villages across Oman
September 28, 2020
MUSCAT, SEPT 27: Wholly government owned Space Communication Technologies Company (SCT) has signed a multi-year contract with Oman Broadband (OB) for the Universal Service Obligation project as part of the national initiative by Telecommunication Regularity Authority (TRA) to provide communications and Internet services to around 598 remote villages and residential areas in Oman, as SCT considered the government investment arm in the field of space technologies. The signing of the contract took place in the headquarters of"...
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