Posts

Performance of the Three Petrol Companies in Oman During 2Q of 2010

In Oman we do have three companies providing petrol stations services which are: Al Maha Petroleum Products Marketing Co. SAOG, OMAN OIL MARKETING COMPANY SAOG and Shell Oman Marketing Company SAOG. The three companies are listed in Muscat Securities Market. Shell is among the MSM 30 Index companies. The net profit of the three companies had increased in 2010. Al Maha had increased OMR 528,000, Oman Oil had increased OMR 1,135,505 and Shell had increased OMR 769,000. Furthermore, Earnings Per Share of the three companies had increased. Al Maha Earnings Per Share (EPS) had increased mostly by OMR 0.076 and Shell Earnings Per Share (EPS) with the lowest OMR 0.007. Al Maha had opened 5 new filling stations during the last year. Shell Aviation Business had won new contracts. Some of the projects are Fly Dubai and Shaheen Air. Oman Oil had signed an agreement with Vale S.A. (VALE) to Invest in Sohar Iron Ore Pelletizing Plant. Personally, The net profit and Earnings Per Share (EPS) shows th...

From Abu Dhabi, Leading Change in Your Organization

During 2010 I had the opportunity to go to Abu Dhabi and attending a conference called "New Essentials for Leading Change in your Organization" . It was nice experience and had learned from Daniel Goleman and John Kotter. Individually, personally, senior manager, entrepreneur, member of an organization and ministry dream of a change. Some leadership do success and some do fail. Steve Jobs CEO of Apple succeed in establishing Apple and launched successful products such as iPad, iPhone and iPod. Bill Gates CEO of Microsoft established the company and launched many successful operating systems and softwares. In the middle east, Sheikh Mohammed bin Rashid made Dubai one of the most popular cities in the world and very successful city in the middle east and world wide. During our professional life we always see a problem and we want to change it. Sometimes businessman see their business is not working well or does not make revenue and decide to sit with himself or the members and ...

Investing in a Petrol Station in Oman

Cars are increasing in Sultanate of Oman year after year. The demand of oil products is increasing year after year. Citizens and expatriates driving the car in the country are increasing. Many petrol stations are opening outside Muscat and the petrol stations inside Muscat are doing well. The retail sales had grown 19% in Al Maha in 2008 (Source: Financial Report) and it opened 11 petrol stations. Oman Oil had started 8 petrol Stations in 2008 (Source: Financial Report) Government Rules Government in the Sultanate of Oman do consider that all the individuals who are interested in opening a petrol stations do have a land which is commercial or Residential & Commercial lands and the size to be not less then 2600 m2. And the distance between each petrol station to be 5 Kilometers. The Five Kilometers rule does not apply in Sohar and Salalah (Source: Employee from Al Maha). Those rules are appliciable to the three companies in Oman managed by Ministry of Oil & Gas in the country. B...

Selecting Location for Petrol Station in Oman

One important criteria when investing in Starting or buying a Petrol Station is the location of the Petrol Station. How do I know the location of the Petrol Station I want to build or buy is good? They are some few questions you need to answer and gather the data to know if the location you are selecting is good. First of all, is the traffic in the location you would like to start building the petrol station. Are they many traffic in the road where you want to build the petrol station? Remember that the traffic in weekdays might be very different from weekends. Type of traffic is another important factor. Do most of the traffic are cars or trucks? And are the traffic willing to fill a lot while stopping in the location? Also, ask if the road is accessible by many cars from different locations. It is very important selecting a location where car drivers can access the petrol station very easily. In addition, accessing the petrol station from different roads to the petrol station. Being ...

Difference between Super and Regular Fuel in Oman

In Oman when going to Al Maha , Shell, Oman Oil Petrol Station we do find two types of Fuel which are Super and Regular. Many people do not know the difference between super and regular. I had asked my self what is the difference between Super and Regular? The first difference between Super and Regular is the price. During writing the article the price of Super is 120 Baiza Per Litter and the Regular is 114 Baiza Per Litter. The difference between the two is 6 Baizaes . New cars do use Super and very old cars do use Regular. Super is smoother for the car engine. Regular is harder for the car engine. One of the companies in our country which is Shell do promote their super product by, "Designed for extra kilometers at no extra cost". Usually the usage in Super is higher then Regular. Technically, Super in Oman is 95 octane and Regular is 90 octane. Briefly octane means ability to resist knocking. The Government of Oman do set this value for the octane. octane requirement i...

WiMax from Product Manager from Gulf

Mena Telecom in Bahrain launched WiMax. Mobily launched a new WiFi-enabled WiMax. Algeria was the first Arab country to deploy WiMax. Five other arab countries followed Algeria and among the five three gulf countries which are Saudi Arabia, Kuwait and Bahrain. As I am a Product Manager in the Gulf I hear a lot about WiMax release, business case, feasibility study and Market Research and many do not know what is WiMax. What is WiMax? WiMax stands for Worldwide Interoperability for Microwave Access. It is a technology that provides operators worldwide to provide Broadband Wireless solution. It can cover an area for up to 50 KM providing Internet and the speed is upto 72 Mbps. Comparing to other technologies it can cover a bigger area and provide a faster speed. Comparing to WiFi it can cover a bigger area. Comparing to ADSL it can provide similar speed or a faster speed. WiMax can be a competitive of ADSL. Moreover, WiMax can provide more then ADSL as it can provide Mobile Broadband to o...

An Exciting New Way for Paying

Information Technology Authority had launched Payment Gateway. This had opened new doors for Government Entities, Banking Industry, Private Sector, Entrepreneurs who are thinking of starting business and expatriates and citizens in the country. Payment Gateway will boost businesses, guarantee an open market, promote innovation and contribute to overall economic growth. It is An Exciting new way for paying. We are going Toward Digital World. A new way towards benefiting from Internet World. Before launching the Payment Gateway Information Technology Authority had made sure that there is a law which they called it E-Transactions Law which organize the online transactions. This is a good thing as it will organize the online transactions and people will be more confident because they know there is a law which protect their transactions. This will help citizens and expatriates pay online with confidentiality. The E-Transactions Law will let people trust, confident and do their transaction...