06/09/2016 05:53 AST

In line with its pioneering role in the telecommunications sector, Omantel was recognised with the “Excellence in Building National Talents” award at the Alam Al Iktissad Wal Amaal (AIWA) Awards 2016. The award ceremony was held on Wednesday at Al Bustan Palace, under the auspices of Dr Rasheed bin al Safi al Huraibi, Chairman of the Tender Board, and attended by Shaikh Salim bin Mustahil bin Ahmed al Mashani, adviser at the Diwan of Royal Court.

Commenting on the award recognition, Omantel CEO, Talal bin Said al Mamari, highlighted the important role played by Omantel towards building a sustainable future by investing in national talents and developing human resource capabilities. This mandate includes developing employee competencies across all aspects of the company, as well as nurturing youth talents from other sectors.

“At Omantel, we are aware of the role played by human resources in the continual success of the company. To us, our employees are the corner-stone of development and the key to achieving strategic goals. In light of the high competitiveness of the sector regionally and globally, our success is directly linked to the strength of our human resources. Therefore, Omantel spared no effort during recent years to develop skills and capabilities of our team across all levels, in turn empowering our staff to deliver outstanding service to our subscribers and help our business to grow,” he said.

“Consistent with our belief that the future of our nation relies on capable and empowered youth, Omantel maximised its youth outreach by supporting various initiatives in areas including, sports, arts, education, and innovation. In doing so, we aim to contribute to building capabilities among the next generation that will one day assume responsibility for ongoing prosperity and progress of our nation,” added Talal al Mamari.

Dr Ghalib Saif al Hosni, Omantel’s Vice-President Human Resources also commented, “Omantel is one of the leading companies in localising jobs and providing opportunity to Omani youth to develop and advance in their careers. Omantel has achieved 90 per cent Omanisation rate during the last year, with 91 per cent Omanisation for senior executive positions which is one of the highest within any major corporation in Oman.

“Omantel follows a strategy to develop skills of employees across all levels. This includes providing scholarships to Omani employees that cover all expenses associated with attending educational programmes, whether it be university degrees, diplomas or institutional courses or training. Omantel has also established a summer internship programme for Omani students, which provides participants the opportunity to work in departments related to their studies to help in preparing them for their future careers. Additionally, Omantel has also invested heavily in a new career development programme that will enable Omani nationals to chart their career development and prepare them for the next steps. More than 5,600 participants are trained every year via this programme,” Al Hosni added.

With the aim to develop skills of employees in accordance with international standards, the Training & Development Department has created specialised secondment opportunities with international organisations in the telecom industry. Omantel sends employees all over the world to gain invaluable experience abroad.

Omantel also organises a number of internal activities to support creative talents among employees. In order

to encourage team-building and friendly competition among staff, the Company also launched Omantel Olympics initiative.

Commenting on Omantel’s community activities, Hamdan al Harrasi, Omantel’s Acting Vice-President — Corporate Strategy Unit said, “Regarding our social responsibility, we have a clear policy and we are working to enhance our role in the community and maximise our reach with the aim of enhancing the capa


Oman Daily Observer

Omantel board approves 70% cash dividend

25/03/2018

The Extraordinary General Meeting of Oman Telecommunications Company (Omantel), was held at the company’s headquarters on Thursday.

It was presided by the vice-chairman of Omantel Saud bin

Times of Oman

Omantel Wal Awael’ strengthens intergenerational communication

21/03/2018

Omantel has successfully completed its fourth edition of the “Omantel Wal Awael” programme by training 30 elderly people on the use of modern technology. The initiative, which has been found as a res

Oman Daily Observer

Omantel collaborates with EY to provide cybersecurity services

13/03/2018

Omantel has teamed up with EY, a leading global professional services organisation, to provide advanced Cybersecurity as a Service (CaaS) originating from Oman to the region. The agreement was signed

Oman Daily Observer

Ticker Price Volume
SABIC 114.77 5,915,941
OTEL Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
NLIF 0.32 0.00 (0.00%)
ORDS.MSM 0.50 0.00 (0.00%)
SSPW 0.24 0.00 (0.00%)
PHPC 0.14 0.00 (0.71%)
SOMS 1.68 0.00 (0.00%)
SABIC-MCC joint venture starts output

05/04/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula

Doha Bank’s third Indian branch opens today

04/04/2018

Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o

The Peninsula

SHUAA to act as liquidity provider to Bank of Sharjah

04/04/2018

Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than

Gulf News