- Weather
-
|
|
|
|
Max |
: |
40°C |
|
Min |
: |
30°C |
|
Sunrise |
: |
05 : 30 AM |
|
Sunset |
: |
06 : 30 PM |
|
Humidity |
: |
50 to 80 per cent |
|
|
- Prayer Time
-
|
Fajar |
: |
04:02 am |
|
Dhuhr |
: |
12:08 pm |
|
Asar |
: |
03:31 pm |
|
Magrib |
: |
06:46 pm |
|
Isha |
: |
08:04 pm |
- Oil Price
-
- Gold Price
-
Price in RO
|
|
24ct / gm |
: |
17.99 |
|
22ct / gm |
: |
17.55 |
- Currency Rates
-
Forex Rates vs R01
|
|
US Dollar |
: |
2.59 |
|
Euro |
: |
2.02 |
|
Pound |
: |
1.71 |
|
Indian Rs. |
: |
142.40 |
|
Pak Rs. |
: |
255.91 |
|
Bangla Taka |
: |
201.79 |
|
|
|
|
|
|
|
Oman Insurance Company (OIC) AChas 15 branches and a strong presence in every emirate in the UAE, the Sultanate of Oman and QAatar. Photo — Jun Estrada/Times of Oman
|
|
Muscat: Boom in infrastructure development in the Sultanate is supporting the growth of insurance companies, top official of Oman Insurance Company (OIC) said yesterday. "The Sultanate is witnessing a rapid growth in infrastructure development. Several ongoing constructions and announcement of new projects is bringing us more work and good business.
As we are one of the leading insurance solutions providers in the Middle East, headquartered in Dubai, we are able to provide a better service to our clients based outside Sultanate and having business here," Patrick Choffel, chief executive officer of OIC, told Times of Oman on the sidelines of the opening of their new office in Ruwi.
"Recently, we opened an office as part of our expansion in Turkey. There are a few Turkey-based companies doing business in Oman. So, it is quite convenient for them when we are available for them in Turkey and in Oman," the CEO added.
OIC has 15 branches and a strong presence in every emirate in the UAE, the Sultanate of Oman and Qatar.
"Established in 1975, OIC today is a financially sound and professionally managed organisation. Our business volume has gone up 10 per cent in the region and in the Sultanate it is more or less same. We were rated 'A Excellent' by AM Best and 'A- Stable' by Standard & Poor's, supported by leading reinsurers like Swiss Re, Munich Re, Allianz and Arig," he added.
OIC provides a complete range of insurance solutions from life, health, motor and personal lines to covers for medium to large industrial and commercial enterprises; and energy, marine and construction sectors.
Responding to a question on Takaful (Islamic Insurance), the CEO said: "We are keen on providing Islamic Insurance solutions. We are working on it."
Sheikh Yahya bin Nasser bin Mohammad al Harrasi, the wali of Muttrah, opened the new office and wished OIC a better future.
|
|
|
|
|
|
|