Companies that contributed to Oman’s remarkable success at the Expo Yeosu 2012 in South Korea recently have been presented with awards at a ceremony in Muscat.
Sayyid Hamoud bin Faisal Al-Busaidi, interior minister and chairman of the ministerial committee that supervised the Sultanate’s participation in Expo Yeosu 2012, presented the awards.
Wayne Pearce, CEO of Oman Air, received the certificate of appreciation on behalf of Oman Air.
Oman Air and other companies received their awards in recognition of the contribution they made to Oman’s pavilion winning the gold award at the expo for best theme development, which embodied and translated the exhibition’s theme of ‘The Living Ocean and Coast’.
Expo Yeosu 2012 was a major international event, held between May and August this year, with a focus on the importance of balancing the preservation of ocean and coastal areas with economic development.
Pearce said: “We are delighted to have received this award from Sayyid Hamoud bin Faisal Al-Busaidi and to have played a part in Oman’s notable success at the Expo Yeosu 2012.”
The CEO said: “Oman is a wonderful tourist destination and Oman Air’s growing network has enabled us to bring more visitors than ever before to enjoy its remarkable facilities, together with its awe-inspiring landscapes, untouched coastlines and year-round sun. The Sultanate’s commitment to protecting its environment ensures that not only will it be safeguarded for future generations, but also that it will remain a unique attraction for visitors and Oman Air is honored to have been able to support the government’s initiative.”
Oman Air’s participation in the expo highlighted its ongoing commitment to promoting Oman as an exciting tourism destination and publicizing its excellent hotels, rich culture and legendary hospitality.
The airline’s senior staff were joined by 20 specially-selected Omani students who helped to greet the 521,783 visitors to the 786 square-meter pavilion, which featured high-tech touch screen information points.
Oman Air honored for Korean expo sucess
Oman Air honored for Korean expo sucess
Arab Investment launches new corporate identity
The Arab Investment Company has launched its new corporate identity, “Arab Invest,” in a strategic move that reflects its future direction and marks the start of a new chapter in its journey, which began in 1974, as one of the Arab sovereign wealth funds concerned with developing resources and enhancing economic integration among its 16 Arab member states.
The new corporate identity reflects the company’s value system underpinning its investment approach, based on robust governance, sustainability, effective partnerships, and adherence to the highest professional and economic standards, embodying its vision of building high-quality investments aligned with the priorities of the shareholder states.
Saad bin Abdulaziz Al-Khalb, chairman of the board of directors, said: “The launch of the company’s new identity comes within the context of a strategic phase aimed at enhancing clarity of institutional vision and consolidating the company’s position over the long term, in line with shareholders’ aspirations and reflective of the requirements of the coming period.”
He added that the new identity is viewed as a clear translation of a well-considered investment trajectory that reflects depth of experience, strengthens stakeholders’ confidence, and supports the company’s ability to continue serving the interests of the Arab member states.
CEO of Arab Invest Abdullah bin Saleh Bakhraibah said the launch of the new corporate identity represents, in essence, a new chapter in the company’s journey spanning more than 50 years. He noted the particular importance of this step at both the strategic and operational levels, as the new identity reflects a series of institutional transformations the company has undergone in recent years, including achieving the highest financial revenues in its history during 2025.
Bakhraibah added: “The new identity is not merely a visual update for the company; rather, it is a strategic message that expresses an advanced stage of institutional maturity, while simultaneously underscoring the deep historical roots of one of the region’s most established Arab sovereign wealth funds, consolidating its distinguished position and the credibility it enjoys in the Arab investment landscape, enabling it to keep pace with major economic developments and enhancing the company’s readiness to continue growth and expansion in accordance with best-in-class investment practices.”
He also highlighted the company’s distinguished investment efforts since the launch of its new strategy, saying that Arab Invest has recently witnessed notable development in local and global strategic partnerships, to achieve the highest performance standards and institutional operating mechanisms. Bakhraibah emphasized the company’s continued commitment to delivering sustainable investment impact in line with the aspirations of the coming period.
