His Majesty, Leaders Exchange New Hijri Year Greetings
His Majesty, Leaders Exchange New Hijri Year Greetings
His Majesty, Leaders Exchange New Hijri Year Greetings
MUSCAT
HM GREETINGS TO
SINGAPORE PRESIDENT
His Majesty Sultan Haitham bin
HIS MAJESTY, LEADERS EXCHANGE
NEW HIJRI YEAR GREETINGS
Tarik has sent a cable of greetings
to President Halimah Yacob of the
Republic of Singapore on her
country’s National Day. In his
cable, His Majesty the Sultan
expressed his sincere sentiments
and best wishes to President MUSCAT: On the advent of the New return of this blessed occasion on Guelleh of the Republic of Djibouti,
Halimah and the friendly people Hijri Year and the anniversary of the His Majesty for many years to come General Abdel Fattah al Burhan, Head
of Singapore. — ONA Prophet Muhammad’s (PBUH) Hijra, to achieve all aspirations of further of the Transitional Sovereign Council
His Majesty Sultan Haitham bin Tarik progress, welfare and prosperity for of Sudan, President Dr Bashar al Assad
has exchanged greetings cables with his faithful people and all Muslims of the Syrian Arab Republic, President
HM THANKED BY leaders of the sisterly and friendly further welfare and blessings. Mohamed Abdullahi Farmajo of
MONGOLIA PRESIDENT Arab and Muslim countries. His Majesty the Sultan exchanged the Federal Republic of Somalia and
In his cables, His Majesty the Sultan greetings on this occasion with President Dr Barham Ahmed Salih of
His Majesty Sultan Haitham bin
Tarik has received a cable of expressed his sincere greetings and Custodian of the Two Holy Mosques the Republic of Iraq.
thanks from President Ukhnaa best wishes of good health, happiness King Salman bin Abdulaziz al Saud His Majesty also exchanged
Khurelsukh of Mongolia in reply and long life for the leaders, praying of the Kingdom of Saudi Arabia, greetings with President Mahmud
to His Majesty’s greetings cable to Allah the Almighty for the return Shaikh Khalifa bin Zayed al Nahyan, Abbas of the State of Palestine,
on his country’s National Day. In
of this blessed occasion on them and President of the United Arab Emirates, Chairman of the Executive
his cable, President Khurelsukh
expressed his utmost apprecia- make the New Year, a year of peace and King Hamad bin Issa al Khalifa of the Committee of Palestine Liberation
tion for His Majesty the Sultan’s security for all peoples and achieve for Kingdom of Bahrain, Shaikh Tamim Organisation, President Othman
greetings. He wished His Majesty the Islamic nation further progress, bin Hamad al Thani, Emir of the State Ghazali of the Union of the Comoros,
good health and the Omani
welfare and prosperity. of Qatar, Shaikh Nawaf Al Ahmed Al Dr Mohamed al Menfi, Chairman
people further progress and
prosperity. — ONA In their cables, the leaders of Jabir al Sabah, Emir of State of Kuwait, of the Presidential Council of the
the sisterly and friendly countries King Abdallah II of Jordan, King Government of National Accord
expressed their sincere greetings and Mohammed VI of Morocco, President of Libya, President Abdel Fattah el
best wishes of good health, happiness Kais Saied of the Republic of Tunisia, Sisi of the Arab Republic of Egypt,
and long life to His Majesty the Sultan, President Abdelmadjid Tebboune President Mohamed Ould Ghazouani
praying to Allah the Almighty for the of Algeria, President Ismail Omar of Mauritania, TURN TO P2
WEATHER MUSCAT: Max 360 C Min 290 C SALALAH: Max 270 C Min 240 C NIZWA: Max 440 C Min 300 C PRAYER TIMINGS SUNRISE: 05:40 FAJR: 04:19 DHUHR: 12:17 ASR: 15:43 MAGHRIB: 18:50 ISHA: 20:06
insideoman
2 OMANDAILYOBSERVER
M O N DAY l A U G U ST 9 l 2 0 2 1
ENTRIES INVITED
FOR CREATIVE
WRITING CONTEST
STAFF REPORTER
MUSCAT, AUG 7
S H O R T T A K E S
Hezbollah warns ‘proportionate’ response Six wildfires in Turkey still out of control Iran records over 500 Covid deaths
The head of Lebanon’s powerful Turkey is battling the worst forest Iran reported over 500 daily
Hezbollah movement, Hassan fires in more than a decade for Covid deaths for the first time
Nasrallah, on Saturday vowed the 12th consecutive day, with on Sunday, its health ministry
a “suitable and proportionate” at least six fires still not under announced, as new infections
response to any Israeli air strikes control on Sunday, according to also hit a record high.
on Lebanon after a flare-up at the official figures. Iran registered 39,619 new
border this week. Emergency forces are mainly infections in the 24 hours to
Israel carried out its first air in 15 years,” he said in a televised concentrated on the western Sunday, taking the total since the
raids on Lebanese soil in years on speech ahead of the anniversary Turkish province of Mugla, er NTV reported. pandemic started to 4,158,729,
Thursday, prompting Hezbollah of the end of the last war with where winds hampered the fire- Meanwhile, the situation in the ministry said have acknowledged that the
to fire rockets back at the Jewish Israel in 2006. fighting efforts. Antalya in southern Turkey has During that same period it Islamic republic’s Covid figures
state the following day. Nasrallah described the air A fire in the province of Ay- eased. According to local author- recorded 542 deaths, taking underestimate the real toll.
“Our response was linked to strikes this week as a “very din, which was thought to have ities, emergency forces have been the total number of fatalities to But Iran remains the Middle
the Israeli strikes that occurred in dangerous development”, but been under control, was reignit- withdrawn and sent to western 94,015, it added. East country worst hit by the
south Lebanon for the first time said Hezbollah did not want war. ed by the wind, as the broadcast- Turkey for reinforcement. Iranian health officials pandemic.
world
OMANDAILYOBSERVER
M O N DAY l A U G U S T 9 l 2 0 2 1 7
In brief
MANILA
TALIBAN CAPTURE MORE TOWNS
KABUL: The Taliban captured Ta- government forces were fighting to
loqan city in northeastern Takhar retake key installations.
province on Sunday, a security “The commando forces have
source and residents told AFP, the launched a clearing operation.
third provincial capital to fall to Some areas, including the national
the insurgents in one day. radio and TV buildings, have been
“We retreated from the city this cleared of the terrorist Taliban,” it
afternoon, after the government said.
PHILIPPINES REPORTS failed to send help,” the security Kabul’s ability to hold the north
RECORD COVID source said. may prove crucial to the govern-
DEATH TOLL The insurgents have snatched ment’s long-term survival.
The Philippines’ health ministry up four provincial capitals in Af- Northern Afghanistan has long
recorded on Sunday 9,671 new ghanistan since Friday in a light- been considered an anti-Taliban
coronavirus cases and 287 ning offensive that appears to have stronghold that saw some of the
additional deaths, the biggest overwhelmed government forces. stiffest resistance to militant rule
single-day spike in the country’s Kunduz and Sar-e-Pul in the in the 1990s. The region remains
death toll since April 9. north fell within hours of each home to several militias and is also
In a bulletin, the ministry other on Sunday, lawmakers and a fertile recruiting ground for the
said total confirmed infections residents in the cities confirmed, country’s armed forces.
in the Southeast Asian country but not without fierce fighting. “The capture of Kunduz is quite
had risen to 1.66 million, while Pro-Taliban social media ac- significant because it will free up
the death toll had climbed to counts claimed the insurgents Internally displaced families sit inside a school after they left their house following fighting between Afghan security forces a large number of Taliban forces
29,122. were also close to overrunning the and Taliban, in Ghaziabad District in the northern part of Kunar province on Saturday. — AFP who might then be mobilised in
Checkpoints were put up provincial capital of Taloqan. other parts of the north,” said Ib-
around Metro Manila to stop In Kunduz, one resident de- Sar-e-Pul city, the government about three kilometres (two miles) launched an offensive in May as raheem Thurial, a consultant for
people who are not authorised scribed the city as being enveloped buildings and all the installations from the city. foreign forces began the final stag- International Crisis Group.
from leaving their residences in “total chaos”. there.” The Taliban had the compound es of their withdrawal. Vivid footage of the fighting was
to travel in and out of the “After some fierce fighting, the Parwina Azimi, a women’s “surrounded”, said Mohammad It has been a perennial target for posted on social media over the
area. Long queues of vehicles
mujahideen, with the grace of God, rights activist in Sar-e-Pul, told Hussein Mujahidzada, a member the Taliban, who briefly overran weekend, including what appeared
formed at the checkpoints as
captured the capital of Kunduz,” AFP by phone that government of the provincial council. the city in 2015 and again in 2016 to be large numbers of prisoners
police scrutinised commuters’
the Taliban said in a statement. officials and the remaining forces Kunduz is the most significant but never managed to hold it for being freed from jails in captured
documents.
“The mujahideen also captured had retreated to an army barracks Taliban gain since the insurgents long. The ministry of defence said cities. — Agencies
BRISBANE
uprising anniversary
relief work in areas recently hit by heavy party officials conveyed his message
rains, state media said on Sunday, amid that the military should kick off a relief
concerns over an economic crisis and food campaign and provide necessary supplies
shortage. in the region, KCNA said.
The ruling Worker’s Party’s Central “It was also emphasised that he called
Military Commission held a meeting of for awakening and arousing the (party)
YANGON: Myanmar protesters on Sunday its chapter in the eastern province of officials... into waging the recovery
BRISBANE TO LIFT
marked the anniversary of a 1988 pro-democ- South Hamgyong to discuss damage and campaign skilfully and unyieldingly,” KCNA
VIRUS LOCKDOWN racy uprising that brought Aung San Suu Kyi to recovery from the downpour, the official said.
prominence, with flash mobs and marches of KCNA news agency said. KCNA said the military commission
Australia’s third-largest city of An early monsoon season arrived on explored emergency measures to rebuild
Brisbane will lift a lockdown on defiance against the ruling junta. the Korean peninsula last month, with the disaster-stricken areas, stabilise
Sunday after containing a virus The country has been in turmoil since the torrential rains also inflicting damage in people’s living, prevent the coronavirus
cluster, while an outbreak that military coup in February — more than 900 some southern regions. and minimise crop injuries.
has kept Sydney paralysed for people have been killed and thousands arrested North Korean state TV released footage The meeting came amid concerns over
this week showing submerged houses a crisis in a reclusive economy that has
weeks continues to grow. in the subsequent crackdown on dissent, ac- and destroyed bridges and railroads in already been dogged by international
Millions of people in Bris- cording to a local monitoring group. Hamgyong, saying some 1,170 homes sanctions, aimed at curbing its nuclear
bane and surrounding areas But protesters remain undeterred, taking Protesters wear wet weather gear to protect against were devastated and 5,000 people and weapons programmes. — Agencies
have spent just eight days under police water cannon as they take part in a
to the streets daily in lightning-quick rallies to demonstration against the military coup in Yangon.
stay-at-home orders after an demand the end to the State Administration — AFP file photo
outbreak of more than 100 cases Council — as the junta’s so-called “caretaker”
spread among several school government has dubbed itself. debt of 1988 in 2021.”
communities. On Sunday, flash mobs popped up across “In 1988, our country sacrificed a lot —
Deputy Queensland premier
Yangon and second city Mandalay to com- many people lost their lives. But the dictator-
Steven Miles said the region had
memorate the 1988 uprising — a massive ship is still alive,” said Ko Sai Win, who joined a
achieved “something quite in-
pro-democracy movement that the military morning protest in Mandalay.
credible” by seemingly bringing
violently quelled by opening fire on protesters “It is like a black shadow on our country.”
the outbreak under control.
and jailing thousands. Following the calls of an The 1988 uprising heralded the rise of
“It looks like we may have
been able to contain a Delta online campaign, red-clad protesters on Sun- Suu Kyi, who had returned to Myanmar just
outbreak in just eight days of day flashed an eight-finger salute and carried before protests kicked off to care for her ailing
lockdown, just 10 days from banners that read: “Let’s return the old blood mother. — AFP
when the first case was notified,”
he told reporters.
TUNIS
Malaysia to ease Covid
curbs for fully vaccinated
KUALA LUMPUR: Malaysia
will ease coronavirus curbs
TUNISIA AIMS FOR 1 for fully vaccinated people in
MILLION COVID JABS states comprising about half
the country, its premier said
Up to 1 million Tunisians were on Sunday.
to receive their first coronavirus The move, which takes ef-
vaccine dose on Sunday as fect from Tuesday, will allow
the country hit hard by the millions to cross district bor-
pandemic began a massive ders, play individual outdoor
inoculation campaign for those sports and eat in restaurants
over age 40. in eight states where cases
Thousands of people were have fallen and vaccination
already queueing in front of rates are promising. The curbs will not be lifted in states such as the capital Kuala Lumpur,
vaccination centres in the North which is recording thousands of new infections every day, and the
A lockdown since June
African country’s capital early commercial heartland of Selangor.
has shut down thousands of
on Sunday.
businesses and limited most burden on the public health orderly and safely (manner).”
As part of the effort,
peoples’ travel to the districts system will reduce,” Prime The curbs will not be lifted
hundreds of institutions, such as
where they lived, though sec- Minister Muhyiddin Yassin in states such as the capital
schools, have been turned into
vaccination centres. tors of the economy have said in a televised speech. Kuala Lumpur, which is re-
According to an adviser gradually been allowed to “More economic and so- cording thousands of new
to President Kais Saied, a open. cial sectors can be opened up infections every day, and the
preparation from AstraZeneca “More people are receiving in stages, and we can get out commercial heartland of Se-
will be used. complete vaccinations... the of this pandemic (in a) more langor. — AFP
world
8 OMANDAILYOBSERVER
M O N DAY l A U G U ST 9 l 2 0 2 1
Italy reels
under floods Blaze ravages Evia island on UN climate
report ‘starkest
and wildfires warning yet’
ROME: Italy was facing the
twin threat of rainfall leading
to landslides and scorching
sixth day of Greek wildfires LONDON: An upcoming UN
report on climate change gives
the international community
its clearest ever warning about
weather contributing to fire on PSAROPOULI: Thousands of the dangers of accelerating
Sunday. people have fled their homes climate change, Britain’s COP26
President Alok Sharma said on
A car and a vehicle were on the Greek island of Evia as Sunday.
smashed by the landslide in wildfires burned uncontrolled The chief for the November
South Tyrol, but no injuries for a sixth day on Sunday, and summit due to be held in the
were reported. ferries were on standby for more Scottish city of Glasgow told the
Observer newspaper a report by
But rising water levels were evacuations after taking many to the Intergovernmental Panel on
flooding garages and paths. The safety by sea. Climate Change (IPCC) due on
weather service had warned of Fires that had threatened Monday would show the world
heavy rains: The northern part northern suburbs of Athens in was on the brink of potential
disaster.
of the province reported down- recent days died back. But the “This is going to be the
pours of 87 litres within a day. blaze on Evia, a large island east starkest warning yet that
That was a marked contrast of the capital, quickly burgeoned human behaviour is alarmingly
to southern parts of the country, into several fronts, ripping accelerating global warming
and this is why COP26 has to be
where wildfires are increasingly through thousands of hectares the moment we get this right,”
threatening agriculture and na- (acres) of pristine forest across Sharma said.
ture reserves in southern Italy. its northern part, and forcing the “We can’t afford to wait two
The Coldiretti agricultural evacuation of dozens of villages. years, five years, 10 years -- this
is the moment,” he added,
association on Sunday warned “I feel angry. I lost my home explaining that unless nations
about the damage to agriculture ... nothing will be the same the “act now, we will unfortunately
caused by the ongoing drought, next day,” said one resident who be out of time”.
especially in the southern part gave her name as Vasilikia after Sharma was forced to defend
Local residents look at the wildfire approaching the village of Gouves on Evia (Euboea) island, the second largest Greek British fossil-fuel projects that
of the Mediterranean country. boarding a rescue ferry at the island, on Sunday. — AFP include plans to license new oil
Wheat yields could fall by 10 village of Psaropouli. and gas fields in the North Sea,
per cent, while experts expect “It’s a disaster. It’s huge. Our with searing temperatures and The coastguard has evacuated roads dotted with trees in flames. which have proven embarrassing
fruit varieties such as cherries, villages are destroyed, there is hot winds creating tinder-box more than 2,000 people, including “A house is burning over here,” for Britain as it seeks to galvanise
peaches and nectarines to drop nothing left from our homes, our conditions. Across the country, many elderly residents, from one woman told emergency crews international action on climate
change. The Paris-based
by up to 50 per cent in some properties, nothing, nothing,” she forest land has burned and dozens different parts of the island on the ground in the settlement of watchdog, the International
cases, compared to an ordinary said. of homes and businesses have since Tuesday, in dramatic sea Vasilika, pointing to a searing fire Energy Agency (IAE), has warned
year. Wildfires have erupted in been destroyed. rescues as the night sky turned an in the distance. all fossil fuel development and
Coldiretti suspects the effects many parts of the country “Fiery destruction,” newspaper apocalyptic red. “Everywhere, everywhere, exploration must cease this year
if the goal of limiting global
of climate change are behind the during a week-long heatwave, To Vima said on its front page on Others fled their villages on everywhere, everywhere,” one of warming to 1.5 degrees celsius is
weather events. – dpa Greece’s worst in three decades, Sunday. foot overnight, walking along the firefighters replied. — Reuters to be met. — Reuters
S H O R T T A K E S
Biden’s infra bill passes key hurdle Bolsonaro told not to undermine polls Greens defends chancellor candidate
A huge infrastructure bill deemed When US National Security The co-leader of Germany’s
historic by US President Joe Advisor Jake Sullivan visited Greens on Sunday defended the
Biden passed a key procedural Brazil’s far-right President party’s candidate for chancellor
hurdle on Saturday, with enough Jair Bolsonaro on Thursday, at next month’s federal election,
Republican senators joining he brought a message from and brushed off suggestions that
Democrats to make its final Washington: Don’t mess around he should replace her after she
passage in the upper chamber with elections. made a string of costly mistakes.
appear nearly certain. A source familiar with the The ecologists briefly surged in
The $1.2-trillion-bill, designed deeply divided Washington. matter confirmed to Reuters the polls to overtake Chancellor
to fund much-needed upgrades That Republican support — that the Biden administration election if the system is not Angela Merkel’s conservative campaign has included mistakes
to US roads, highways, bridges with the party’s Senate leader raised concerns over Bolsonaro’s changed. bloc after they named Annalena in her resume and a scandal over
and high-speed Internet, drew Mitch McConnell among the 18 unfounded claims of fraud in The nature of the message Baerbock as their chancellor a Christmas bonus payment that
the support of 18 Republican in favour — will end floor debate Brazil’s all-electronic voting delivered by Sullivan was first candidate in April, but have since she failed to declare to parliament.
senators and 49 Democrats, a on the bill, a procedural step that system and his threat not to reported in the Folha de S.Paulo waned. Baerbock has also said that sexist
rare instance of bipartisanship in required 60 votes. accept the results of next year’s newspaper on Saturday. Baerbock’s error-strewn scrutiny is holding her back.
OMAN DAILY OBSERVER
MONDAY AUGUST 9, 2021
Opinion 9
Economic woes
to weigh on CAMP
HEAD OFFICE SALALAH OFFICE ADVERTISING DISTRIBUTION AGENT PRINTED AND PUBLISHED BY:
Tel: 24649444, 24649450, Tel: 23292633 AL OMANEYA ADVERTISING & Al OMANEYA for Distribution & Ministry of Information
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112, Ruwi, Sultanate of Oman Muscat, Sultanate of Oman Sultanate of Oman
24699437 NIZWA OFFICE Tel: SWITCHBOARD: 24649444, Tel: 24649351/24649360
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sport
MESSI
CONFIRMS BARCA EXIT
BARCELONA: An emotional Lionel
Messi confirmed on Sunday he is leaving
Barcelona after 17 trophy-laden years,
with Paris Saint Germain his likely next
port of call for a career swansong.
“I have still not come to terms with
the reality of leaving this club now — I
love this club,” said a suited Messi, who
several times wiped away tears before
a squadron of reporters at the club’s
Camp Nou ground who gave him a
standing ovation.
Messi, widely considered the
most gifted player in the history of
the game, has won 35 trophies at the
club which he joined as a 13-year-
old — including four Champions
Leagues and 10 league titles while
his 672 goals are a record for any of
the top five European leagues.
Despite offering to cut his salary by
half to seal a new five-year deal which a
club carrying debts of 1.2 billion euros
($1.5 billion) and the player had agreed
on, the agreement foundered on strict
Spanish League salary restrictions.
Barca president Joan Laporta said he
could not “mortgage” the club’s future on
any player — not even Messi.
Previously Messi had been earning
over 70 million euros ($82.3m) a year net
— but financial observers of the Spanish
game estimate he pulled in around
twice as much in commercial
revenue, accounting for almost
one-third of total incomings
and eight in ten shirt sales.
Messi tried to engineer his
departure last year, fed up
with some underwhelming
recent Champions League
showings.
But he stayed and stressed
on Sunday that he and his
family had wanted to continue
in Catalonia rather than embark
on a likely reunion with former
clubmate Neymar at PSG — ostensibly
the only club that can afford him with
Manchester City having already said they
will not make a move for his services.
“I would’ve liked to have won another
Champions League,” said Messi.
“I don’t regret anything, I tried to give
my best and I’m ending my career here
with a good number of titles”.
He also said he had been completely
transparent throughout the saga
regarding his intentions.
“I gave everything for this club from
the first day that I arrived right to the last.
I never imagined having to say goodbye.
“I’m not ready for this,” he said, again
choking back tears as thousands of fans
waited outside to salute their icon, whose
first contract 21 years ago was signed on
the back of a restaurant napkin for want
of anything else to seal the deal on.
PSG ‘POSSIBILITY’
Stressing no deals had been done,
Messi did concede that joining PSG was
a “possibility” as the Qatar-owned club
consider a move.
“There have been lots of rumours. Lots
of things are being said,” said PSG coach
Mauricio Pochettino on Friday. — AFP
sport
12 OMANDAILYOBSERVER
M O N DAY l A U G U ST 9 l 2 0 2 1
business
Special
register Ban on pyramid marketing to fight
for Omani
accountants
commercial fraud, hidden trade practices
and auditors STRONG MEASURE: Officials, regulation of direct marketing
activities patronised by young
experts applaud Ministerial
entrepreneurs.
Decision prohibiting Pyramid or network Direct marketing also
hierarchical / network schemes are similar contributes to the country’s
marketing activities in Oman to ‘get-rich-quick’ gross domestic product as it’s a
legitimate commercial activity. In
scams that channel developing economies like India,
BUSINESS REPORTER huge profits to a small for example, direct marketing
MUSCAT, AUG 8
handful of individuals is linked with major initiatives
sitting at the top at the launched by the Government of
The Omani government’s recent India such as Made in India, Skill
decision to ban all forms of pyramid cost of the gullible India, Startup India and so on, she
or network marketing schemes in said.
the Sultanate has been welcomed DR MOHAMMED BIN Sameh bin Salim al Adawi,
by a number of experts who have RASHID AL BADI another market expert, said:
BUSINESS REPORTER cited the measure’s importance Acting Director of the Legal “The ministerial decision to ban
MUSCAT, AUG 8 in combating potential fraud in pyramid marketing activities
Department, MoCIIP
the retail activities and thwarting is a timely one, particularly as
Qais bin Mohammad al those involved in hidden trade. we embark on the journey to
Yousuf, Minister of Commerce, Earlier this month, the Ministry fraud and unfair competition. It that usually siphons off the lion’s scams that channel huge profits Oman’s long-term growth guided
Industry and Investment of Commerce, Industry and also seeks to protect those engaged share of all revenues generated to a small handful of individuals by Vision 2040. The ban will
Promotion (MoCIIP), issued Investment Promotion (MoCIIP) in legitimate trade activities. by the scheme. Those at the lower sitting at the top at the cost of the help combat the illegal outflow
Ministerial Decision (11/2021) issued a Ministerial Decision Dr Mohammed bin Rashid rungs of the pyramid, while gullible. of funds earned through hidden
to form a committee to oversee outlawing selling, advertising or al Badi, Acting Director of the contributing the most to revenue Dr Maha bint Khamis al activities, regulate the marketing
the processing or registering promoting goods, products, and Legal Department at the Ministry, generation, are left with little or Balushiyah, Assistant Professor of of products lacking approval in the
accountants and auditors in the services via network marketing explained that pyramid marketing nothing at all. Marketing and Identity at Sultan Sultanate and help control pricing
Sultanate. or hierarchical schemes as a typically involves an individual or Pyramid or network schemes Qaboos University, noted that and quality of goods in the local
The committee will included safeguard against commercial company sitting atop the pyramid are similar to ‘get-rich-quick’ the new measure will strengthen market.”
the Vice-President of the Capital
Market Sector in the Capital
Market Authority as Chairman,
with the membership of
the Director General of the
Directorate General of Trade
in the Ministry of Commerce,
35 per cent stake available for investment
in Oman’s biggest poultry project
Industry and Investment
Promotion, a representative
of the Ministry of Finance,
a representative of the Tax
Authority, a representative of
the Central Bank of Oman, a WHITE MEAT: Ahead of The project, set
representative of the Omani commercial launch in
Accountants Association, and up at a total cost
an expert member.
January 2022, A’Namaa of around RO 110
The panel will study Poultry invites local / million, covers all
applications for obtaining international investors to be aspects of the poultry
licenses to practice the part of government-backed
profession of accounting and business, extending
auditing. This is subject to strategic food security from the operation
applicants being enrolled in venture of hatcheries to
the register for accountants distribution of white
and auditors for a period of at
least three years. In addition, CONRAD PRABHU
meat products.
the committee will set up @conradprabhu Output of white meat
accounting standards that must from the venture is
be applied when preparing Oman Food Investment targeted at around
financial statements, budgets, Holding Company (OFIC) —
60,000 tonnes per
and the final financial results. the government’s food sector
The terms and conditions investment and development annum
for registering in the register arm – has revealed that it is
of accountants and auditors offering an equity stake of up to 35 per cent that we are currently Ibri in Al Dhahirah Governorate This volume, together with At full capacity, A’Namma
in the Sultanate include: the 35 per cent in its flagship poultry promoting to the private sector,” — forms part of a portfolio the outputs of other poultry Poultry is projected to generate
applicant must be an Omani venture, A’Namaa Poultry, slated said Ali al Shihhi, Vice-President of OFIC-backed investments ventures in operation or under Earnings before Interest, Taxes,
nationality, dedicated to to commence commercial – Finance, OFIC. “We welcome aimed at securing the country’s development elsewhere around Depreciation and Amortisation
practicing the profession, operation in January 2022. any discussions and initiatives long-term food requirements. the Sultanate, will account for (EBITDA) of RO 13.7 million,
holder of a university According to a high- from (investors) if they are The project, set up at a total 70 per cent of Oman’s domestic while the Internal Rate of Return
academic qualification level official of wholly-state- interested in the poultry market cost of around RO 110 million, requirement of white meat by (IRR) is estimated at 17.5 per
specialising in accounting, or owned OFIC, an affiliate of in Oman.” covers all aspects of the poultry the year 2030. cent, according to the official.
holder of a certificate of an Oman Investment Authority Speaking during an online business, extending from the Besides OFIC, equity stakes Besides serving as a local
internationally recognised (OIA) — the country’s investment forum organised operation of hatcheries to acquired by local Omani-based source of fresh white meat
chartered accountant or its integrated sovereign wealth recently with the support of the distribution of white meat firms include the Civil Service for domestic consumption,
equivalent, fully qualified, of fund — the available stake is Ministry of Commerce, Industry products. Output of white meat Employees Fund (CSEF), A’Saffa A’Namma Poultry will also
good reputation, and has not primarily targeted at local and and Investment Promotion, the from the venture is targeted Poultry, and Oman National support the creation of around
been convicted of a judicial international private investors. official said the poultry project – at around 60,000 tonnes per Investments Development 1,500 direct and indirect jobs at
or disciplinary judgment in a “We have a stake of around currently nearing completion at annum. Company (Tanmia). full production, he added.
crime against honour or trust,
unless has been rehabilitated.
business
business
14 OMANDAILYOBSERVER
M O N DAY l A U G U ST 9 l 2 0 2 1
Customers praise
Omantel supports national campaign against Covid-19 the ‘You Choose’
MUSCAT: Omantel has sustained internal system “Hassin” Covid-19 in Oman.”
finance campaign
its efforts against the Covid-19 Laila bint Mohammed al Thamir Al Kathiri, General from Alizz
pandemic through community Wahaibiyah, CSR Manager at Manager of Personnel Services
initiatives that support various Omantel said: “As part of its at Omantel’s Human Resources Islamic Bank
organisations in the Sultanate to CSR initiatives the Company Unit said: “We have joined hands
limit the spread of the virus. is extending its support to the with Ministry of Health to run an
Continuing its work towards national vaccination campaign, internal campaign for vaccinating
the nation’s health, Omantel which is of high importance the Company’s employees and
is lending its resources to the for Oman’s overall health and their families.
national vaccination campaign safety in these challenging This campaign complements
being held in cooperation times. Twenty members from the national efforts made by the
between the Ministry of Omantel’s ‘Together’ volunteer Ministry and other concerned
Health (MoH) and the Oman team have participated in the authorities to limit the spread of
Convention and Exhibition national campaign, which was the virus. Omantel’s widespread
Centre (OCEC). More than launched in cooperation with the campaign has already covered
20 Omantel employees are Ministry of Health and OCEC. all outlets across various MUSCAT: The ‘You Choose’
volunteering for the MoH and safety of its employees campaign for staff and their This contribution complements governorates. Our employees are campaign, launched by Alizz
vaccination campaign. Apart against Covid-19, Omantel has families, in a smooth and orderly the Company’s efforts to support also participating as volunteers at Islamic Bank last month, has
from this, to ensure the health been running a vaccination manner, using its own developed different initiatives to fight the national vaccination drive.” received a wide response from
various segments of society.
The ‘You Choose’ campaign
NBO Innovation gives the customers the
Incubator begins
MUSCAT: Concluding a highly
NBC incubated firms explore business flexibility to choose from a
range of specially designed
offers, once they transfer their
current finances or avail new
successful selection process,
National Bank of Oman’s
(NBO) Innovation Incubator
has officially begun. 30 young
opportunities in Daleel Petroleum financing from Alizz Islamic
Bank or transfer their salaries
to the bank.
The #YouChoose campaign
graduates, who were chosen gives the customers the
from over 1,500 applicants, BUSINESS REPORTER support and guidance, training freedom of picking one of the
have now started their journey MUSCAT, AUG 8 and mentoring, access to markets many benefits that fit their
through the three-month and industry experts, and state- requirements and needs, such
long programme, which is The National Business Centre of-the-art and fully equipped as, a combo offer for customers
part of the bank’s corporate (NBC), which operates under office space, meeting rooms and to enjoy a new credit card free
social responsibility (CSR) the auspices of the Public presentation facilities. for the lifetime of the financing
programme, in collaboration Establishment for Industrial NBC plays a key role in tenors upon availing new
with the SME Development Estates (Madayn), organised facilitating and supporting the financing from the bank.
Authority, Oman Academy a meeting between officials growth of investable ideas into One can also enjoy special
for SMEs, and Paradigm representing Daleel Petroleum successful businesses; building rates on new financing at a
Consulting. and the SMEs incubated at NBC. entrepreneurial skills through rate of 4.75% for home finance
Coached by 15 of the bank’s Daleel Petroleum officials dedicated and focused training, and 4.99% for auto & personal
specially-trained employees, were introduced to the services coaching and mentoring; and finance or they can avail a 3
the young men and women will offered by these SMEs in the providing business support months’ moratorium period for
go head-to-head to design their local and foreign markets. On took place on collaboration business options available for facilities such as office space, their new finance. Customer
own FinTech start-up. Only their part, Daleel Petroleum opportunities between Daleel Omani entrepreneurs in various administrative support, financial can also transfer their salaries
three will emerge as winners, officials elaborated on the supply Petroleum and the SMEs. fields in the energy company. support and consultancy services to the bank and enjoy 10%
and have the opportunity to chain management at Daleel, The meetings were an NBC serves as a platform for to contribute in ensuring the cashback on the first salary
pitch their ideas to potential online tendering and supplier opportunity for both sides to Omani entrepreneurs to get success and survival of new credited during the campaign
investors. registration, and discussions exchange views and explore access to business development ventures. period.
business
business OMANDAILYOBSERVER
M O N DAY l A U G U S T 9 l 2 0 2 1
TikTok owner
15
ECB must
tighten policy
Saudi Aramco Q2 profit soars on ByteDance
aims for Hong
if needed
to counter higher prices, demand recovery Kong IPO by
inflation DUBAI: Saudi Arabia state oil early 2022
producer Aramco reported a near
four-fold rise in second-quarter
net profit on Sunday, beating BEIJING: ByteDance, the
expectations and boosted by Chinese owner of short video
higher oil prices and a recovery in platform TikTok, has revived
oil demand. its plan to go public with a
Aramco said its results listing in Hong Kong by early
were supported by the global 2022 after addressing Chinese
easing of Covid-19 restrictions, regulators’ concerns, the
vaccination campaigns, stimulus Financial Times reported on
BERLIN: The European measures and accelerating Sunday.
Central Bank must economic activity in key markets. ByteDance is planning to list
tighten monetary policy Aramco joins other oil majors in either the fourth quarter of
if it needs to counter who have reported strong results this year or in early 2022, the
inflationary pressures and in recent weeks. FT reported.
cannot be put off from Exxon Mobil last month said “We are expecting final
doing so by the financing its net income for the second guidance from ByteDance in
costs of euro zone states, quarter came in at $4.69 billion, September. They are submitting
ECB policymaker Jens or $1.10 per share, compared all the filings with Chinese
Weidmann (pictured) with a loss of $1.08 billion, or 26 authorities right now and
told the Welt am Sonntag cents per share, a year ago. are going through the review
newspaper. Royal Dutch Shell reported process’’, the newspaper quoted
Euro zone countries its highest quarterly profit in Engineers work at a Saudi Aramco facility in Saudi Arabia. — AFP a source as saying.
have ramped up their more than two years, with Beijing-based BytDance
borrowing to cope adjusted earnings at $5.53 billion, Executive Officer Amin Nasser Nasser said, reiterating a plan with private sector investments. said in April that it had no
with the coronavirus compared with earnings of $638 said in a statement. announced last year. “I think the reason they imminent plans for an initial
pandemic, potentially million a year earlier. Aramco’s net profit rose It declared a dividend of $18.8 maintained [the dividend] and public offering (IPO). Chinese
leaving them exposed to Oil prices, boosted by output to 95.47 billion riyals ($25.46 billion in the second quarter, in our rationale was that they are regulators have stepped up their
increased debt servicing cuts made by the Organization billion) for the quarter to June 30 line with its own target, which retaining money to invest in scrutiny of the tech sector in
costs if the central bank of the Petroleum Exporting from 24.62 billion riyals a year will be paid in the third quarter. future projects and particularly recent months. — Reuters
tightens policy to counter Countries and their allies, a group earlier. Credit Suisse analysts said late the “shareek” programme’’, he
upward pressure on known as Opec+, closed at $70.70 Analysts had expected a net last month they expected Aramco said.
prices. a barrel on Friday and has gained profit of $23.2 billion, according to declare a special dividend Aramco’s capital expenditure
“The ECB is not over 35 per cent since the start of to the mean estimate from five because of higher oil prices that was $7.5 billion in the second
there to take care of the the year. analysts. had helped boost its free cash quarter, an increase of 20 per cent
solvency protection of the “Our second quarter results Aramco’s CEO told an earnings flow. from a year earlier.
states’’, said Weidmann, reflect a strong rebound in call that global oil demand was Yousef Husseini, equity A consortium including
whose role as president of worldwide energy demand and we expected to hit 99 million barrels a research analyst at EFG Hermes, Washington DC-based EIG
Germany’s Bundesbank are heading into the second half day by the end of the year and 100 said Aramco may be keeping Global Energy Partners in June
gives him a seat on the of 2021 more resilient and more million barrels next year, Aramco the extra cash for taking part in closed a deal to buy 49 per cent
ECB’s policymaking flexible, as the global recovery is still working to increase its own the new state-backed shareek of Aramco’s pipelines business for A man walks past Tiktok logo in
Governing Council. gains momentum’’, Aramco Chief capacity to 13 million barrels day, (Partner) initiative, to partner $12.4 billion. — Reuters Beijing, in this file photo. — Reuters
Should the inflation
outlook rise sustainably,
the ECB would have
to act in line with its
price stability objective, US consumer credit Chinese regulators meet with delivery
Weidmann said. “We have
to make it clear again and
again that we will tighten
grows at record rate firms, call for stronger labour rights
monetary policy if the BEIJING: China’s delivery
price outlook calls for it. WASHINGTON: US had expected consumer credit platform companies including
“We cannot then take consumer credit grew at the to increase at a rate of $23.00 Meituan and Alibaba’s Ele.me re-
into account the financing fastest rate ever in June, as billion in June. cently joined a meeting with gov-
costs of the states’’, he Americans increased their An alternate measure ernment regulators on improving
added. credit card usage to drive tracking the monthly change safety and labour rights for deliv-
After its July 22 consumer spending in the in the total amount of credit ery workers.
policy meeting, the ECB second quarter, data from the outstanding increased by Food delivery platforms, in the
pledged to keep interest Federal Reserve showed on the most since December spotlight due to China’s regula-
rates at record lows for Friday. 2010, the data showed. tory reforms, have attracted se-
even longer to boost Total consumer credit That measure showed that vere criticism on social media for
sluggish inflation, and expanded at a pace of $37.69 revolving credit, which mostly their treatment of delivery work- Delivery workers wait for online orders at a shopping area in Beijing. — Reuters
warned that the rapidly billion, which was the quickest measures credit-card use, rose ers, most of whom are not cov-
spreading Delta variant rate ever and followed a by $17.858 billion, the largest ered by basic social and medical Security, according to a Saturday and labour rights protections,
of the coronavirus posed $36.69 billion increase in gain since 2006, after climbing insurance. The meeting included notice on WeChat by the Minis- and not set performance indica-
a risk to the euro zone’s May, the US central bank said. by $9.089 billion in May. officials from the Ministry of try of Emergency Management, tors which harm the health of
recovery. — Reuters Economists polled by Reuters — Reuters Public Security and the Ministry which also attended. workers, according to the meet-
of Human Resources and Social Firms should strengthen safety ing. — Reuters
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Discovering
Oman’s
underground
wonders
Located in the Eastern Hajar Mountains near
the village of Fins in the Wilayat of Qurayat,
Salmah Plateau is home to more than seven
underground cave entrances and hides one of
the greatest and most beautiful natural wonders,
Majlis Al Jinn. Here’s what you should know
about this remarkable destination...P20
ANIMAL PLANET
READ
LOCAL TRENDS
Ajma village,
a destination
for relaxation
The historical
North Sharqiyah highest edge of the village
Governorate is one that to the lowest edges. The
shouldn’t be missed when spring of the falaj is in the
a tourist plans for a holi- middle of the mountains,
day for the purpose of passing along the wadis
relaxation. It is located at for a distance of about 9
an altitude of 200 m above km and splitting the village
importance of
sea level and 150 km away into two sides. The village
from Muscat Governorate. has acquired several
Al Ayjah
SUR COULD be a good choice the place. The first is a gate tion of the Khor Al Batah
now to escape the high tem- from the eastern side and is bridge, which is a suspension
perature in many parts of the called Bab Al Seddah and the bridge between the two banks
Sultanate. Besides the mild second gate from the south- of the Khor and connects the
weather in the summer, it is ern side called Bab (Khubat Al two areas.
also rich in some touristic and Naqa) and its traces still Al Ayjah overlooks Khor Al
historical places so that one remain to this day. Butah, where the ships and the
enjoys the stay and also get The mountains surround- suspension bridge can be seen
introduced to the place. ing Al Ayjah include a group of from the top of the mountain
One of the extraordinary military fortifications and tow- overlooking the creek. It also
areas is “Al Ayjah”, in the east- ers to defend the area in the has the Al Ayjah lighthouse,
ern part of Sur. Tariq al Alawi, event of an attack. The defenc- which is a lighthouse overlook-
a researcher in Omani history, es include a fort called Al Ayjah ing the entrance to the creek
said that Al Ayjah in the local Fort and called by the resi- and gives an aesthetic charac-
language means the coast. It is dents as Bait Al Sheikh and is ter around the place.
a peninsula surrounded by the located in the centre of the There are many ancient
sea from three sides. region. It is an architectural white coloured houses in Al
Inhabitants of the area prac- building in the form of a square Ayjah that create a unique
tice commercial and marine and has many rooms desig- charm and beauty with their Sheikh Hamad al names, such as Al Alayah,
activities. nated for managing the affairs reflection on the blue sea. They Battashi said the name of Al Balad, and Al Rajee, and
By virtue of this distin- of the region previously. There still preserve their archaeo- the village means the the old Al Balad. The vil-
guished marine location is the wall that still exists and logical character and highlight sand in the middle of the lage of Ajma is one of the
between the Sea of Oman and the tower on the western side, the historical importance of mountains. The temper- old villages that people tar-
the Arabian Sea, its people and a series of small towers in the city and the economic situ- ature is high in summer geted for living because of
worked in the sea and in ship- the south, perhaps these tow- ation of its residents. and moderate in winter. its richness in water.
building and were associated ers were built in the eighteenth Al Ayjah was famous for There are many trees in There are also several
with different regions and civi- century AD. many traditional crafts and the village, and several ancient monuments in the
lisations. This communication Al Alawi said that Al Ayjah industries, most notably the wadis pass through it in country, in addition to a
facilitated the prosperity and was connected with Sur Al manufacture of wooden ships.
development of trade, which Sahel in the past by ferries there is a factory for the man-
made it an important com- that transported people ufacture of ships overlooking
mercial broker in the region. between the two banks of Khor the marine creek, which has
Al Alawi pointed out that Al Al Batah. This method has now been abandoned because fish-
Ayjah is surrounded by a wall ended with the advancement ermen are heading towards
that connects with the sur- of means of transportation modern vessels made of fibre-
rounding mountains. It con- and the establishment of the glass, in addition to the textile
tains two doors that indicate land road linking Sur with Al industry and fishing.
the historical importance of Ayjah, as well as the construc-
MID-FLIGHT
PEACEFUL NIGHTS
Discovering
Oman’s
underground
wonders
by Muzna Al Riyami
THE SULTANATE is home way up the mountain and safely after they completed the mapping
to a unique blend of geo- back down as off-road travel re- survey of the cave in 1985 and
logical wonders that have quires finesse and caution. At first gave its name which reflects the
become geological mu- glance, the landscape there gives mythological belief of locals that
seums, starting from the plateau a desolate feel because the genies live in caves.
mountains, deserts, to it is devoid of vegetation and trees; “It all began with two tiny dots on
canyons and caves. Sal- however, visualising the geologi- a photograph!”, Don said. The cave
mah Plateau is one of cal formations of the plateau and has three vertical openings in the
the incredible places stalactites, stalagmites and crystal ceiling through which abseilers
that adventurers from chambers that have been formed can access only by descending us-
around the world head over millions of years is definitely ing about 200m specialised rope
to for an eye-opening worth a visit. and gears to guarantee a safe ad-
experience. Salmah Plateau has a fantasti- venture.
The plateau is lo- cal etymology to its name as re- The cave has locally and inter-
cated in the Eastern searched by Authors Anne Dale nationally gained popularity and
Hajar Mountains near and Jerry Hadwin in their book has become a hot spot for caving
the village of Fins in Adventure Trekking in Oman: activities from individuals and
the Wilayat Qurayat “ Long ago, Selma, a local shep- companies alike.
and around 160 kilo- herdess tending her flock on the Felix Baumgartner, an Austri-
metres from Mus- plateau, needed to go and fetch an skydiver, daredevil and BASE
cat, the capital. The water. Leaving her flock in a cave, jumper, have BASE jumped into the
place is an impres- she set off, returning hours later cave in 2007. Therefore, the cave
sively splendid des- to find a leopard eating one of has been off-limits, and the Min-
tination to be vis- her goats. Her first thought was istry of Heritage and Tourism in
ited and explored. to defend her flock so she picked Oman recently has placed activi-
It is considered up an axe, advancing towards the ties restrictions in order to con-
a repository of leopard. She was attacked but serve the site, so now it requires
natural life treas- managed to bring the axe down permits from the Ministry for any
ures offering great on the leopard’s head, splitting visits to the interior of the cave.
sceneries of large it wide open. Both were mortally Will it stop here? No, of course.
caves, old tombs, wounded. Later they were found The 7th Hole Cave is another
and traditional vil- lying together, the axe by their side. great alternative to explore in
lages. Exploring the God was so impressed that he sent Salmah Plateau. It provides mul-
plateau involves down seven stars from the heav- tiple access points to the largest
loads of opportuni- ens to make the seven khoshilat caving network in the plateau.
ties for land, sea and [cave shelters] as a memorial to Its entrance looks like a large
nature activities in- Selma’s bravery.” crack created by mother nature
cluding climbing, ab- The plateau is home to more through which one can realize the
seiling, hiking, wind- than seven underground cave en- vastness of what lies underneath
surfing, swimming, trances. It hides one of the great- feeling humble that we are so tiny
fishing and more. est and most beautiful natural creatures comparing to this mys-
Unmatched views wonders, Majlis Al Jinn, “the gath- terious underworld. The hole is
of the shore and the ering place of the genies.” It is the connected to ‘Tahiri Cave’ one of
turquoise waters of second-largest known cave cham- the horizontal exits and probably
Sea of Oman meet ber in the world, the base of which the only chamber that is walkable
the sprawling rugged measures 58,000 square metres, in the plateau. The trip starts by
mountain chain be- the size of nearly eleven football abseiling down the hole, travers-
yond. fields. What makes it unique is ing and passing by deep-water
The drive up to- the vertical entrance which is un- basins inside, observing the lime-
wards the plateau is a like other prevalent caves, with a stone that formed the cave, and
remarkable adventure dome-shaped ceiling that tops the finally coming out through Tahiri
in itself. The routes are cave at a height of 120 metres. Cave carrying an unforgettable
unpaved steady steep The cave was discovered by lifetime experience. This kind of
slopes and zigzag up the the American couple W Don Davi- adventure entails training ses-
mountainside that some son, Jr and Cheryl S Jones in 1983, sions offered by tour companies
consider thrilling to while they were carrying out Karst for many skills that are prereq-
drive as the adrenaline Research Programme, missioned uisites for this caving adventure
rush when going uphill. It to them by the Public Authority for to master some techniques and
is accessible only by 4WD Water Resources at that time. acquire knowledge in using the
so that it grunts on the The cave eventually was known equipment.