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OIFC and Omantel were up 5.15 per cent and 1.51 per cent respectively.
The OIFC contract covers Majan Electricity Company areas, and Zone 3 of the Muscat governorate's wilayat of Seeb.
Oman Investment and Finance Co (OIFC) donated various medical apparatuses to elderly citizens, as part of its corporate social responsibility (CSR) initiatives in the Governorate of Dhofar, through Omani Association for Elderly Friends.
of Al Raffd Fund and Said bin Ahmed Safrar, CEO of OIFC.
Eng Ahmed Hamed Saif al Subhi, chairman of OIFC said, "Khedmah will remain at the core of developing and enhancing services that will be delivered under a single roof in the most efficient and friendly way at no extra cost." Said Ahmed Safrar, CEO of OIFC, added, "Khedmah redefines customer engagement and efficiency."
Ahmed, in his capacity as acting CEO of the EDB, signed an MoU with the OIFC's co-chairman and director-general of the Confederation of Indian Industries, (CII), Chandrajit Banerjee, for the establishment of the Regional Office of the CII in Bahrain.
"This announcement, along with the agreement we have signed with OIFC, shows our commitment to the Bahraini-Indian relationship, a relationship that has been at the heart of making Bahrain what it is, and we look forward to welcoming more businesses in the future."
Prem Narain, secretary of Ministry of Overseas Indian Affairs and Chairman of OIFC, said with the objective of strengthening India as the destination for business, OIFC has mounted a strong business delegation on the occasion of the Overseas Diaspora Engagement Meet and has signed an MoU with the EDB with the hope that this will further bilateral interests and promote business interests in both nations.
and OIFC co-chairman Chandrajit Banerjee strengthens co-operation in different areas including financial services and research.
OIFC chief executive Charu Mathur, who also addressed the Press, said 36 delegates, led by Overseas Indian Affairs Ministry secretary and OIFC chairman Prem Narain, are expected to participate.
Oman Investment & Finance Co (OIFC) on Sunday said it decided to withdraw from investing in Dubai investment bank Rasmala's private equity fund after issues emerged related to the establishment of the fund.
"Our demands are very simple, we want higher pay and more overtime," said Mohammed al-Balushi, an employee at OIFC. OIB is Oman's fifth-largest bank by assets, while the OIFC is an investment and services company.
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