Connect with us

Technology

/C O R R E C T I O N — Oman Investment Authority/

Published

on

In the news release, FUTURE FUND OMAN LAUNCHES FIRST WAVE OF INVESTMENT PROJECTS WORTH OVER US$ 2 BILLION, issued 20-Nov-2024 by Oman Investment Authority over PR Newswire, we are advised by the company that the sentence, should read , Other major partnerships include the IDG Oman Fund, developed in collaboration with IDG Capital, an international investment firm with a global footprint and extensive experience in China, focusing on ICT rather than , Other major partnerships include the IDG Oman Fund, developed in collaboration with China’s IDG Capital, on ICT as originally issued inadvertently. The complete, corrected release follows:

FUTURE FUND OMAN LAUNCHES FIRST WAVE OF INVESTMENT PROJECTS WORTH OVER US$ 2 BILLION

MUSCAT, Oman, Nov. 22, 2024 /CNW/ — Future Fund Oman (FFO), the latest investment initiative under Oman Investment Authority (OIA), has announced its first batch of approved investment projects. With a combined value exceeding US$ 2 billion, these projects include US$ 1.6 billion committed by foreign investors and US$ 571 million contributed by FFO. The investments are expected to create more than 1,600 direct employment opportunities, marking a significant step forward in Oman’s economic diversification and development strategy.

The approved projects span ten key sectors, including technology, manufacturing, tourism, renewable energy, and electric vehicles. In addition, small and medium enterprises (SMEs) and startups will play a prominent role, with investments targeting food, health, financial technology, e-commerce, and more. This comprehensive approach reflects FFO’s commitment to fostering innovation and growth across a broad spectrum of industries, ensuring that both large-scale ventures and emerging businesses contribute to Oman’s economic progress.

Mulham Al Jarf, Deputy President for Investments at Oman Investment Authority, stated that these projects underscore the Fund’s dedication to fulfilling its strategic objectives. These include stimulating local economic growth, fostering collaboration with the private sector, attracting foreign investments, and creating opportunities for Omani businesses and job seekers. He emphasized that these projects represent just the beginning of FFO’s efforts since its establishment in January 2024.

Among the approved projects are transformative initiatives that position Oman as a leader in innovative industries. Notable projects include the United Solar Polysilicon Plant in the SOHAR Port and Freezone, which will be one of the largest polysilicon production facilities in the world and the first of its kind in the Middle East. This facility will produce 100,000 tonnes of polysilicon annually, a critical component for renewable energy industries such as solar panel manufacturing.

Other major partnerships include the IDG Oman Fund, developed in collaboration with IDG Capital, an international investment firm with a global footprint and extensive experience in China, focusing  on ICT, renewable energy, and electric vehicles. Additionally, FFO has also partnered with EW Partners to establish the EWP Oman Fund, which targets key sectors such as ICT, energy, tourism, and agriculture.

Future Fund Oman is also supporting a range of SMEs and startups in partnership with fund managers like Tanmia, ITHCA, Omantel, and Cyfr Capital. These include IO Kitchen, an innovative cloud kitchen featuring over 30 virtual brands; Bima, an online insurance brokerage service; and Qpay, the first licensed Omani entity offering a “buy now, pay later” service. Other groundbreaking projects include BcLear Aligner, an AI-powered solution for dental braces; Nashid, a blockchain-based digital identity platform; and Antom, a digital financial platform that enhances the capabilities of Oman’s fintech ecosystem.

FFO was established in collaboration with the Ministry of Finance with a capital of $5.2 billion, allocated over five years from 2024 to 2028. The Fund strategically excludes investments in oil, gas, and real estate, focusing on growth-oriented sectors aligned with Oman’s Vision 2040.

Interested investors are invited to submit proposals through the dedicated platform, https://futurefund.om/futurefund/

Media Contact:

Fahad Al Toubi
+968 24745781
Fahad.AlToubi@oia.gov.om
www.oia.gov.om

Photo – https://mma.prnewswire.com/media/2563379/FFO_Investment_Projects.jpg

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/future-fund-oman-launches-first-wave-of-investment-projects-worth-over-us-2-billion-302311714.html

SOURCE Oman Investment Authority

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Fairway Home Mortgage Earns Prestigious USA TODAY Top Workplaces Award For 6th Consecutive Year

Published

on

By

Fairway CEO Steve Jacobson Named #1 Leadership Award Winner of Companies With 2500+ Employees

MADISON, Wis., April 24, 2026 /PRNewswire/ — Fairway Home Mortgage announced that it has earned the prestigious 2026 USA TODAY Top Workplaces award. This is the sixth year in a row Fairway achieved this honor.

The award honors organizations with 150 or more employees that have created exceptional, people-first cultures. This year, more than 40,500 organizations were invited to participate. The winners are recognized for their commitment to fostering a workplace environment that values employee listening and engagement. USA TODAY showcased the winners at the National Awards Summit in Nashville. Watch the video of the event here.

“Being recognized with this award reflects Fairway’s commitment to bringing our people together face-to-face,” said Fairway’s CEO and Founder Steve Jacobson. “Companies are better when their people are around each other. People need each other and they learn from each other, and we’re very intentional about creating opportunities for in-person collaboration at Fairway.”

Jacobson demonstrated that in-person collaboration when he traveled to Knoxville this week with Fairway Senior Vice President Dan Richards to spend time with one of Fairway’s branches and their local real estate partners. “We engaged in real conversations about the market, discussed what people are seeing on the ground, and talked about how Fairway keeps showing up for clients,” said Richards. “It’s a reflection of the same hands-on approach that has defined Fairway’s culture for more than two decades.”

“To be named a Top Workplace for six consecutive years speaks to Fairway’s leadership, our mindset, and the empowerment of our staff,” said Fairway’s Chief People and Engagement Officer Julie Fry. “Our strength isn’t just what we offer employees. What sets a top workplace apart is the daily commitment to people—prioritizing connection, valuing contributions, and creating an environment where employees feel energized to serve because they feel valued first.”

The winners are determined by authentic employee feedback captured through a confidential survey conducted by Energage, the HR research and technology company behind the Top Workplaces program since 2006. The results are calculated based on employee responses to statements about Workplace Experience Themes, which are proven indicators of high performance.

“Earning a USA TODAY Top Workplaces award is a testament to an organization’s credibility and commitment to a people-first culture,” said Eric Rubino, CEO of Energage. “This award, driven by real employee feedback, is more than just a recognition — it’s proof that your employees believe in the organization and its leadership. Job seekers and customers look for this trusted badge of credibility and excellence. It signals a company that values its people, and that kind of culture resonates in today’s competitive market”

About Fairway Home Mortgage
Madison, WI- and Carrollton, TX-based Fairway Independent Mortgage Corporation (NMLS #2289) is a full-service mortgage lender licensed in all 50 states. Fairway is the #2 overall retail lender in the U.S.

About Energage
Making the world a better place to work together.™
Energage is a purpose-driven company that helps organizations turn employee feedback into useful business intelligence and credible employer recognition through Top Workplaces. Built on 20 years of culture research and the results from 30 million employees surveyed across more than 80,000 organizations, Energage delivers the most accurate competitive benchmark available. With access to a unique combination of patented analytic tools and expert guidance, Energage customers lead the competition with an engaged workforce and an opportunity to gain recognition for their people-first approach to culture. For more information or to nominate your organization, visit energage.com or topworkplaces.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/fairway-home-mortgage-earns-prestigious-usa-today-top-workplaces-award-for-6th-consecutive-year-302753183.html

SOURCE Fairway Home Mortgage

Continue Reading

Technology

LifeWave’s “Code of Creation” Debuts at Sold-Out Beverly Hills Film Festival

Published

on

By

DRAPER, Utah, April 24, 2026 /PRNewswire/ — LifeWave®, a global leader in wellness technology, premiered its “Code of Creation” documentary to a sold-out audience on April 15, 2026, at the 26th Annual Beverly Hills Film Festival in Los Angeles. Held at the world-renowned TCL Chinese Theatre on Hollywood Boulevard, one of the most iconic and historic venues in the entertainment industry, this festival is recognized globally for showcasing leading independent films.

Directed by Mikki Willis, “Code of Creation” follows LifeWave Founder, CEO, and inventor David Schmidt and a team of scientists as they explore biological and mathematical patterns found in nature, including light emissions in species such as lobsters that align with numerical sequences traced back to ancient texts. The film connects these discoveries to LifeWave’s approach to health and wellness, highlighting its patented health technology designed to support the body’s natural processes and overall well-being.

Selected for the festival’s official documentary lineup, the film’s inclusion at one of the industry’s most recognized independent film festivals reflects LifeWave’s growing presence in global media and its ability to bring its story to new audiences.

LifeWave is honored to have “Code of Creation” included in this year’s Beverly Hills Film Festival and congratulates all the winners, participants, and dedicated filmmakers who made this year’s event a success. The company looks forward to continuing to share “Code of Creation” with new audiences around the world through additional upcoming film festival opportunities.

The premiere brought together filmmakers, industry leaders, and the LifeWave community for a standout evening in Hollywood, reflecting both the moment’s significance and the strong interest in the ideas behind the film.

About LifeWave:

Founded in 2004, LifeWave is a global life technology company known for its patented, non-transdermal patches and expanding portfolio of wellness innovations. With product distribution in over 100 countries, LifeWave is dedicated to helping people access the body’s natural energy through science-based technologies that support wellness at the source. For more information, visit: www.lifewave.com.

For media inquiries, please contact:
Jenn Jimenez | Dunn Pellier Media
jenn@dunnpelliermedia.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/lifewaves-code-of-creation-debuts-at-sold-out-beverly-hills-film-festival-302753206.html

SOURCE LifeWave

Continue Reading

Technology

In HelloNation, Behavioral Health Experts Cody Luke and David Spencer Explain Choosing a Therapist and What to Look for in Idaho Falls

Published

on

By

The article outlines key factors that support trust, consistency, and long-term mental health progress.

IDAHO FALLS, Idaho, April 24, 2026 /PRNewswire/ — What should you look for when choosing a therapist in Idaho Falls? HelloNation published an article that answers this question, featuring insights from Behavioral Health Experts Cody Luke and David Spencer of Luke and Spencer Behavioral Health, PLLC in Idaho Falls, Idaho.

 

The HelloNation article explains that choosing a therapist is a personal decision that can shape both comfort and outcomes over time. It emphasizes that trust, communication, and consistency are essential to building a productive therapy experience.

According to the article, one of the first steps in choosing a therapist is understanding their background and training. A licensed therapist in Idaho Falls has completed the required education and supervised clinical work, but areas of focus can differ. The article notes that working with someone who understands your specific concerns can help make each session more focused and effective.

The article also highlights how different therapy styles influence the overall experience. Approaches can vary in structure, pace, and goals. Cognitive Behavioral Therapy, or CBT, is one of the most widely used methods and focuses on identifying and changing negative thought patterns. Other therapy styles may focus more on emotional awareness or past experiences, depending on individual needs.

Another key point discussed is the importance of the therapeutic relationship. The article describes how trust, respect, and open communication between a client and therapist contribute to long-term success. Feeling comfortable and understood is identified as one of the most important factors in staying engaged throughout the process.

Practical considerations are also part of choosing a therapist. The article explains that flexible scheduling and accessibility can make it easier to attend sessions consistently. Idaho Falls therapy options that fit into a person’s routine can reduce barriers and support ongoing participation, which is often essential for meaningful progress.

The article also explores how a person’s background or stage of life can influence the therapy experience. Some therapists focus on young adults, while others work more with families or individuals navigating major life changes. Finding a therapist in Idaho Falls who understands these circumstances can lead to more relevant guidance and a stronger connection.

Cost is another important factor addressed in the article. Idaho Falls therapy services may vary based on experience, specialization, and format. Some providers offer sliding scale pricing or accept insurance, which can make mental health support more accessible. Understanding these details can help individuals stay consistent without added financial stress.

The article encourages individuals to ask questions before starting ongoing sessions. Asking about experience, therapy styles, and session structure can help clarify expectations. Taking time during the process of choosing a therapist can lead to a stronger and more effective therapeutic relationship.

The article concludes that choosing a therapist in Idaho Falls is not about finding a perfect match immediately, but about finding someone who supports your goals and helps you feel heard. With the right fit, therapy can provide structure, insight, and long-term mental health support.

What Should You Look for When Choosing a Therapist in Idaho Falls? features insights from Cody Luke and David Spencer, Behavioral Health Experts of Idaho Falls, Idaho, in HelloNation.

About HelloNation
HelloNation is a premier media platform that connects readers with trusted professionals and businesses across various industries. Through its innovative “edvertising” approach that blends educational content with storytelling, HelloNation delivers expert-driven, good-news articles that inform, inspire, and empower. Covering topics from home improvement and health to business strategy and lifestyle, HelloNation highlights leaders making a meaningful impact in their communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/in-hellonation-behavioral-health-experts-cody-luke-and-david-spencer-explain-choosing-a-therapist-and-what-to-look-for-in-idaho-falls-302753216.html

SOURCE HelloNation

Continue Reading

Trending