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MB Holding
MB Holding Company LLC is an Omani conglomerate with interests in oil and gas exploration and production, oilfield services, engineering and mining. The company was founded in 1982 by Mohammed Al Barwani as an oilfield service provider to oil producers such as Petroleum Development Oman and Occidental Petroleum. It subsequently expanded into exploration and production and gained concessions in Oman, Egypt and Mozambique. MB's engineering arm is involved in the aerospace and defense industry. Its mining subsidiary, Mawarid Mining, was set up in 2000 and is the largest private mining company in Oman. Mawarid is the first private mining company to engage in copper and gold exploration in Oman. Musstir, the property development arm, specialises in the development of hotels. MB acquired Oceanco, a luxury yacht builder based in the Netherlands, in 2010. Its other investments include Nautilus Minerals (28 percent), an underwater mineral exploration company based in Canada, Al Madina ...
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Private Limited Company
A private limited company is any type of business entity in "private" ownership used in many jurisdictions, in contrast to a publicly listed company, with some differences from country to country. Examples include the '' LLC'' in the United States, ''private company limited by shares'' in the United Kingdom, '' GmbH'' in Germany and Austria, ''société à responsabilité limitée'' in France, and ''sociedad de responsabilidad limitada'' in the Spanish-speaking world. The benefit of having a private limited company is that there is limited liability. However, shares can only be sold to shareholders in the business, which means that it can be difficult to liquidate such a company. Abbreviations Albania In Albania a limited liability company ( sq, Shoqëri me përgjegjësi të kufizuar Sh.p.k) is a commercial company founded by persons of physical or judicial status, who are not liable for the company and personally bear losses only up to the outstanding contribution agreeme ...
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Mozambique
Mozambique (), officially the Republic of Mozambique ( pt, Moçambique or , ; ny, Mozambiki; sw, Msumbiji; ts, Muzambhiki), is a country located in southeastern Africa bordered by the Indian Ocean to the east, Tanzania to the north, Malawi and Zambia to the northwest, Zimbabwe to the west, and Eswatini and South Africa to the southwest. The sovereign state is separated from the Comoros, Mayotte and Madagascar by the Mozambique Channel to the east. The capital and largest city is Maputo. Notably Northern Mozambique lies within the monsoon trade winds of the Indian Ocean and is frequentely affected by disruptive weather. Between the 7th and 11th centuries, a series of Swahili port towns developed on that area, which contributed to the development of a distinct Swahili culture and language. In the late medieval period, these towns were frequented by traders from Somalia, Ethiopia, Egypt, Arabia, Persia, and India. The voyage of Vasco da Gama in 1498 marked the arrival of t ...
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Al Madina Takaful
Al Madina Insurance Company SAOG (commonly known as Al Madina Takaful, ar, المدينة تكافل) is an Omani takaful company. It was founded in 2006 as an insurance company. In 2014, the Capital Market Authority granted Al Madina a takaful license. Al Madina then converted all its insurance business to become Sharia-compliant and became the first takaful company in Oman. After the conversion, Al Madina embarked on acquisitions to expand its operations. In 2014, it invested in a 9.5 percent stake (along with its major shareholder MB Holding) in Abu Dhabi-based takaful operator Watania National Takaful Company (Watania) PJSC ( ar, وطنية للتكافل) is a takaful company based in Abu Dhabi, United Arab Emirates. The company was created in 2011 by Abu Dhabi National Islamic Finance, Abu Dhabi National Insurance Company ... for AED 17.9 million. In 2014, Al Madina had a customer base of 37,000 policyholders. References External links * {{Official website , h ...
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Nautilus Minerals
Nautilus Minerals Inc. was an underwater mineral exploration company headquartered in Toronto, Ontario, Canada. It was the first company to commercially explore deep sea mining of the seafloor for massive sulfide systems, a potential source of high grade copper, gold, zinc and silver. As of November 2019, the company filed for bankruptcy. History , Nautilus planned to commence production utilizing a newly constructed mining ship in the territorial waters of Papua New Guinea.Terrestrial Telerobotic Mining Technology: An Enabler for Extraterrestrial Habitation, Mining and Construction
recorded on 31 October 2010, 52.25, Prof. Greg Baiden, Laurentian U ...
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Times Of Oman
''Times of Oman'' is a daily newspaper published in the Sultanate of Oman. Established in 1975, the newspaper is the oldest English-language paper of Oman. Apart from daily news on local, regional, international, business and sport interests, It provides information on topics such as entertainment, fashion and lifestyle, education, information and technology, health and books. History It was first published on February 23, 1975, and was launched as a weekly tabloid newspaper. by the known Pakistani journalist Rana N. Parveze. The newspaper is published by the Muscat Media Group, which is also behind publications such as Al Shabiba, Hi Weekly and Sabbat Ayam. The main reasons for starting Times of Oman were to publicize Oman abroad and to address non-Omanis in the country. This explains why the newspaper dedicates more pages to news about the Indian Subcontinent since the majority of expatriates in Oman are from that region.
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Luxury Yacht
A superyacht or megayacht is a large and luxurious pleasure vessel. There are no official or agreed upon definitions for such yachts, but these terms are regularly used to describe professionally crewed motor or sailing yachts, ranging from to more than in length, and sometimes include yachts as small as . Superyachts are often available for charter with a staff that caters to guests at a high standard of comfort. They may be designed to emphasize comfort, speed, or expedition capability. Depending on the season, superyachts may be most frequently found in the Mediterranean or the Caribbean. Many are available for charter at prices that exceed 100,000 per week. Larger examples may have more than one swimming pool; they may carry a variety of water toys, other boats, and some a helicopter. History At the beginning of the 20th century, when wealthy individuals constructed large private yachts for personal pleasure, some manufacturers, such as Cox & King and Charles L. Seab ...
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Oceanco
Oceanco is a privately owned custom yacht builder, based in the Netherlands, that builds full displacement yachts in the range since 1987. It is owned by Mohammed Al Barwani, an Omani billionaire. History Oceanco came into existence in 1987, when a group of South African private investors under the guidance of then CEO, Richard Hein, began yacht-building, with the hulls and superstructures built in Durban, South Africa. The yachts were then transported to various facilities in the Netherlands where the finishing work took place. In 2002, Theodore Angelopoulos took control of Oceanco and embarked on a new building strategy focusing on the niche market of 80m+ megayachts and developed the “Y Generation” of Oceanco yachts which included ''Amevi'' (Y701), and ''Alfa Nero'' (Y702) . In 2008, the ''Anastasia'' was launched and in May 2009, the company launched the '' Vibrant Curiosity'' with her amidships atrium, a pool and large interior volumes designed by Nuvolari & Lena ...
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Hotel
A hotel is an establishment that provides paid lodging on a short-term basis. Facilities provided inside a hotel room may range from a modest-quality mattress in a small room to large suites with bigger, higher-quality beds, a dresser, a refrigerator and other kitchen facilities, upholstered chairs, a flat screen television, and En-suite, en-suite bathrooms. Small, lower-priced hotels may offer only the most basic guest services and facilities. Larger, higher-priced hotels may provide additional guest facilities such as a swimming pool, business centre (with computers, printers, and other office equipment), childcare, conference and event facilities, tennis or basketball courts, gymnasium, restaurants, day spa, and social function services. Hotel rooms are usually Room number, numbered (or named in some smaller hotels and Bed and breakfast, B&Bs) to allow guests to identify their room. Some boutique, high-end hotels have custom decorated rooms. Some hotels offer meals as part ...
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Real Estate Development
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw Real Estate, land and the sale of developed land or parcels to others. Real estate developers are the people and companies who coordinate all of these activities, converting ideas from paper to real property. Real estate development is different from construction or Home construction, housebuilding, although many developers also manage the construction process or engage in housebuilding. Developers buy land, finance real estate deals, build or have builders build projects, develop projects in joint venture, create, imagine, control, and orchestrate the process of development from the beginning to end.New York Times, March 16, 1963, "Personality Boom is Loud for Louis Lesser" Developers usually take the greatest risk in the creation or renovation of real estate and receive the greatest rewards. Typ ...
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Oman Daily Observer
''Oman Daily Observer'' is an English-language daily broadsheet published from Muscat, the capital of the Sultanate of Oman Oman ( ; ar, عُمَان ' ), officially the Sultanate of Oman ( ar, سلْطنةُ عُمان ), is an Arabian country located in southwestern Asia. It is situated on the southeastern coast of the Arabian Peninsula, and spans the mouth of t ..., and it comes under the Ministry of Information. Dr Abdullah Nasser bin Khalifa al-Harrasi is the current Minister of Information. History and profile It was established on November 15, 1981, Oman Daily Observer. It is the only English-language newspaper to be published on all seven days in Oman as its two competitors have no editions during weekends. The 'Observer' focuses on local, national, regional and international news covering current affairs, business, and sports. It also pays special attention to Oman’s economic development, highlighting the country’s natural, historical and cultural wealth. ...
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Gold
Gold is a chemical element with the symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile metal in a pure form. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements and is solid under standard conditions. Gold often occurs in free elemental ( native state), as nuggets or grains, in rocks, veins, and alluvial deposits. It occurs in a solid solution series with the native element silver (as electrum), naturally alloyed with other metals like copper and palladium, and mineral inclusions such as within pyrite. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides). Gold is resistant to most acids, though it does dissolve in aqua regia (a mixture of nitric acid and hydrochloric acid), forming a soluble tetrachloroaurate anion. Gold is ...
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Copper
Copper is a chemical element with the symbol Cu (from la, cuprum) and atomic number 29. It is a soft, malleable, and ductile metal with very high thermal and electrical conductivity. A freshly exposed surface of pure copper has a pinkish-orange color. Copper is used as a conductor of heat and electricity, as a building material, and as a constituent of various metal alloys, such as sterling silver used in jewelry, cupronickel used to make marine hardware and coins, and constantan used in strain gauges and thermocouples for temperature measurement. Copper is one of the few metals that can occur in nature in a directly usable metallic form ( native metals). This led to very early human use in several regions, from circa 8000 BC. Thousands of years later, it was the first metal to be smelted from sulfide ores, circa 5000 BC; the first metal to be cast into a shape in a mold, c. 4000 BC; and the first metal to be purposely alloyed with another metal, tin, to create ...
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