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Milaha Signs Digital Transformation Deal with Oracle Cloud BUSINESS Sunday 21 October 2018 PAGE | 22 PAGE | 23 ‘Made in Qatar 2018’ Forex reserves more than Oman expo to showcase enough to face blockade major investment projects challenges: QCB Governor Milaha signs digital transformation deal with Oracle Cloud MOHAMMAD SHOEB Applications, ECEMEA, Oracle in our customers to help mobilise SaaS application suites for ERP, THE PENINSULA Doha on Thursday. their businesses.” HCM and CX, plus best-in-class The more than six decades old Al Mannai added: “The end-to- database Platform as a Service DOHA: Qatar Navigation (Milaha), Doha-based company with over end digital transformation powered (PaaS) and Infrastructure as a one of the leading maritime and 100 vessels of different types and by Oracle Cloud applications will Service (IaaS) from data centers logistics conglomerates in the various sizes in involved in a wide- help us achieve this objective by throughout the Americas, Europe region, has signed an agreement range of business activities which helping drive innovation and create and Asia. with the US-based tech giant include marine transportation in new business opportunities without Under this initiative, Milaha Oracle Cloud applications to drive gas, petroleum products, con- the need to invest in additional will implement Oracle Enterprise a major digital transformation tainers and bulk; offshore support infrastructure.” Resource Planning (ERP); Enter- across all its core business opera- services; port management and On his part, Khehar of Oracle prise Performance Management tions and its subsidiaries. operations; logistics services; Cloud, said: “Milaha is a key (EPM); Supply Chain Management The initiative will help Milaha shipyard; trading agencies; real enabler for Qatar’s economic (SCM) including IoT; Oracle create new revenue streams by estate investments; and asset progress and this digital transfor- Transport Management (OTM); introducing innovative services management. mation initiative will equip Milaha Human Capital Management Abdulrahman Al Mannai (right), President and CEO of Milaha, and and drive operational efficiency Al Mannai said: “In line with with cutting edge cloud technology (HCM), and Customer Experience Arun Khehar, Senior Vice-President Application for ECEMEA of with automated processes. Qatar National Vision 2030 and that will help the company con- (CX) cloud applications. Besides Oracle Cloud, during the signing ceremony at Four Seasons The agreement was signed by in a world of increasingly complex tinue and sustain its mission as the helping drive business agility, Hotel-Doha on Thursday. Pic: BAHER AMIN/THE PENINSULA Abdulrahman Al Mannai, Pres- supply chains, constantly chal- preferred maritime and logistics Oracle cloud applications will also ident and Chief Executive Officer lenging the status quo is imper- partner of choice in Qatar, the help Milaha optimise service levels of Milaha and Arun Khehar, Senior ative to drive sustained growth customer expectations. This is Milaha as our primary goal is region, and internationally.” and enable efficient logistics Vice-President, Business and deliver on fast-evolving especially important for us at offering synchronised solutions to Oracle Cloud offers complete operations. 22 BUSINESS SUNDAY 21 OCTOBER 2018 ‘Made in Qatar 2018’ Oman expo to MarketWatch showcase major investment projects QSE FTSE100 DOW BRENT 10,193.01 7,049.80 25,444.34 $69.37 THE PENINSULA sponsor for projects +35.53 PTS +22.81 PTS +64.89 PTS +0.72 management. 0.35 0.32% 0.26% Dow & Brent before going to press DOHA: Preparations for the Al Kaabi pointed to choosing upcoming “Made in Qatar”, Oman as a venue for the expo is scheduled to be held in Oman due to the strong economic rela- from 5-9 November, are in full tions between the the private swing. Exhibiting companies sectors in both countries. Islamic finance debate have already completed their He said the balance of trade registration, said the Organising between the two countries has highlights need for Committee of the event. made successive leaps in a short In a meeting, chaired by the period, adding that Qatari Qatar Chamber’s board member business owners are also inter- standardisation Rashid bin Nasser Al Kaabi, in ested in exploring investment the presence of QC’s director opportunities in the industrial general Saleh bin Hamad Al sectors in Oman. Qatar Chamber Director-General Saleh bin Hamad Al Sharqi (left) Sharqi, the committee reviewed Al Kaabi added that a and Qatar Chamber Board member Rashid Nasser Al Kaabi. the final preparations of the business forum would be held event and the agenda of its on the sidelines of the Expo to accompanying forum “ Qatari- Energy and Industry and Qatar expo-related logistics have been provide a platform for Qatari Omani Business Forum”. Development Bank as strategic accomplished with the Omani and Omani businessmen to The committee said that the partner on an area of 10,000 side. He expressed his sincere discuss enhancing their cooper- forum would offer a host of sqm. at the Oman Convention & thanks to all entities supporting ation ties and investments investment opportunities in Exhibition Centre. Qatar Chamber in Oman, opportunities available in both many industrial sectors which With the participation of foremost of which is Oman sides. will be reviewed by Qatari busi- over 214 Qatari companies and, Chamber of Commerce and He praised all initiatives sup- nessmen and their Omani coun- the five-day exhibition basically Industry. porting industry sector in the terparts with the aim of imple- aims to promote the locally- He also thanked all bodies country such as “Own A Factory Yousuf Mohamed Al Jaida, Chief Executive Officer of QFC Authority, menting joint ventures and new manufactured products in the and companies that provided Within 72hrs” which contributed at the Islamic Finance Debate. investments in both countries. Omani market and exchange support and sponsorship to the to encouraging business to Rashisd Al Kaabi, who is also experience between Qatari and events, foremost of which is intensify their investments in THE PENINSULA director of the exhibition, said Omani firms. Qatar Development Bank the industry. The QFC was that all preparations for the The expo, which will be held strategic partner, as well as The expo would be held in honoured to be event are in the final stage, for the second time outside the Qatar Petroleum the energy an area on 10000 sqm at the DOHA: The Qatar Financial able to deliver such noting that it would be of a great country, also aims to open new sector partner, Qatar National Oman Convention & Exhibitions Centre (QFC), one of the world’s an engaging panel success that befit Qatar’s and horizons of cooperation between Bank and Manateq as official Center. The expo would feature leading and fastest growing Oman’s position. the private sector in both coun- sponsors, Qatar Manufacturing many industries including pet- onshore business and financial discussion on the The expo, which will be held tries and inform the Omani Industries Company as diamond rochemicals, furniture, food and centres, partnered with Reuters sidelines of the IMF from 5-9 November 2018 in business community on the sponsor,, Qatar Primary Mate- beverage, SMEs, services and to successfully conclude an and World Bank Oman, is organised by QC in Qatari products. rials Company as golden sponsor various industries as well as Islamic finance panel debate on cooperation with the Ministry of Al Kaabi noted that all the and ASTAD Company and main home-produced items. the sidelines of the Annual meetings. Meetings of the Boards of Governors of the International When looking at the oppor- Monetary Fund (IMF) and the tunities for Islamic finance, the Spain backs World Bank Group (WBG) in Bali, panel discussed opportunities for CIArb holds first training course Indonesia. Islamic finance in financing A number of high-calibre infrastructure, aviation, Islamic new tax on THE PENINSULA premises, the terms of this MoU is a welcome chance for all to financial services delegates from insurance, pensions and Internet giants included the provision of a range better understand the mecha- across the globe attended the QFC endowments. DOHA: The Chartered Institute of resources to the Qatari and nisms behind the arbitration event. The expert panel of Yousuf Mohamed Al Jaida, in budget plan of Arbitrators (CIArb) launched international legal community, system and how best to speakers who came together to Chief Executive Officer, QFC its first training course since the most notably arbitration training implement that through practice.” explore the key challenges and Authority said: “Our Islamic AFP establishment of its branch office in line with the best international The MoU established a strategic opportunities facing the Islamic finance debate brought together at Qatar International Court. The best standards in both Arabic and partnership between CIArb and finance industry included Joaquim top global representatives from MADRID: Spain’s socialist training course ‘Introduction to English languages. QICDRC, whereby the two sides Levy, Managing Director and CFO, the Islamic finance industry to government approved a new International Arbitration’ which Ahmad Al Ansari, Chairman will work together to promote the World Bank Group; Dr Bello Lawal tackle a number of challenges, tax on big internet companies took place on Thursday 18th of CIArb Qatar commented: “Such practice of ADR in Qatar, improve Danbatta, Secretary-General, trends and opportunities. as part of
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