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TUESDAY, AUGUST 30, 2016
OMAN DEVELOPMENT
Omani bank appointed Omagine Phase 1 financial advisor Times News Service MUSCAT: An Omani bank has been hired as a financial advisor and lender for phase one of the multi-billion dollar Omagine project, which is scheduled to begin in 2017. The bank will deliver a termsheet specifying debt financing
and advisory services on or before September 4, to execute phase one of the project. Material terms A term-sheet is a bullet point document outlining the material terms and conditions of a business agreement. When asked whether Omagine
will agree to the term sheet of the Omani bank, Omagine Chairman Frank J. Drohan said he will not be able to say until he sees it. “We are working on that process now,” he told the Times of Oman. Located in Seeb, the project features seven pearl-shaped buildings, which will host hotels, offices, residences and entertainment
venues, on one million square metres of land. Quarterly report Phase one of the project is valued at approximately $220 million and will have one hotel, 250 residences and one pearl, said U.S.-based Omagine Inc. in its quarterly report filed with the U.S. Securities
and Exchange Commission. The company, however, did not disclose the name of the bank. The project is expected to create more than 1,000 jobs for nationals when it is completed in seven years. “During the July 19 to August 18, 2016 period, shareholders of Omagine LLC met several times,
Free course offer, praise for Omani who saved children a burning car and rescued two children trapped inside
@3thwb_najd: “Saying thank you isn’t enough, but we ask God to add this act to your good deeds and give you all that you wish for.”
REJIMON K
reji@timesofoman.com TARIQ AL HAREMI
tariqh@timesofoman.com MUSCAT: Mohammed Al Hashmi, the Omani hero who pulled two children from a burning car, has been offered a place on two international safety courses by a Muscat college - free of charge. Mohammed raced to a burning car at a Sur petrol station last Wednesday and rescued two children from inside as flames consumed the vehicle. International College for Engineering and Management (ICEM) has now offered him a choice between the globally accredited Institution of Occupational Safety and Health (IOSH) certificate and the American Society of Home In-
deserves respect and recognition.”
@ALSAMR888: “If you risk your own life to save children, it is the epitome of giving and bravery and it that is the characteristic of a true man.”
Hashmi raced to
HERO: Mohammed Al Hashmi
spectors (ASHI) courses. Affan Khalfan Al Akhzami, Managing Director and CEO of ICEM, told Times of Oman that they are happy to help Hashmi, as he thoroughly deserves it. “We came to know that he is unemployed. The courses offered by us will help in finding a job. It’s a gesture from our side for his bravery,” Affan added. Mohammed told Times of Oman that he has received a call from the institute and he is very happy to accept the offer.
@almakn3: “A brave act
“I am happy. I didn’t do it expecting anything in return. My aim was to save the children at that time. Thanks to the Almighty for giving me the strength to act at that critical moment,” he told the Times of Oman. He was waiting in his car at a petrol station on Wednesday when tragedy struck. While others were running for help, Mohammed sprang into action and rescued the children. His action saved the lives of two children, Gazal and Sulaiman Mohammed,
PAC D A
Fire safety advice for Haj pilgrims TARIQ ZIAD AL HAREMI
tariqh@timesofoman.com
TWITTER TALK Mohammed Al
both separately and together, with the senior management of the Omani Bank and the Omani bank has agreed in principle to be the LLC’s financial adviser and to provide debt financing required for LLC to design, develop and construct phase one valued at approximately $220 million,” the company said in the report.
that is only done by fire fighters… and those with a brave heart to face fires.” @abuwaeel87: “He proved that he is a man of difficult situations; he
after their father left them in the car to buy some groceries at a filling station in Sur. A fire started inside the vehicle and Mohammed leapt into action. His bravery has been the talk of social media with a hashtag in his honour on twitter. Some considered him like Superman when he leapt into the face of danger out of nowhere and a graphic designer, Mohammad Al Asmar, painted a picture portraying the hero as wearing a dishdasha and musar (turban) while the top is unbuttoned to reveal under-
@YUSUF_ALQASMI: “Thank you is little compared to what you deserve. You truly are an Omani man and this is who Omanis are. You deserve the highest recognition,” @MugtahedAlarab “The Omani hero who saved the two Jordanian kids from death in Oman deserves recognition and a job immediately.”
neath the classic red and blue colours of Superman with the letter M for Mohammad on the chest. Of those who stood out on social media thanking the hero, Ismail Al Ajmi, Oman’s national team footballer player said, “He who saved the two children from the burning car, thank you, and God will bless you greatly for your actions.” Some social media users ask the responsible authorities to recognise him and acknowledge his brave act while also asking authorities to offer him a job.
MUSCAT: Haj travellers are being given fire safety advice by the Public Authority for Civil Defence and Ambulance (PACDA) ahead of the annual pilgrimage. Fires can break out anytime, whether due to a faulty electrical wire, by pure accident or as a result of a bad decision. Therefore, PACDA has advised pilgrims to take preventative measures to avoid being harmed or worse during a fire outbreak. “You have to know the exits and entrances to the campsites and accommodations, as well as the location of fire extinguishers,” said PACDA. “You have to remain calm and collected if a fire breaks out,” added PACDA. Pilgrims have also been asked to not use open flames, such as candles as a source of light inside their tents and use battery operated light sources instead, such as lanterns and flashlights. Electrical connections “Make sure gas canisters are closed after you’re done cooking at your accommodation and always prepare your food in the designated kitchens,” advised PACDA. The pilgrims have also been asked to check electrical connections inside their tents to avoid accidental electrical fire outbreaks.