Doha, 15 October, 2018:  Oman Qatar Insurance Company (OQIC), a premier insurance company in Oman and a subsidiary of Qatar Insurance Group recently held a grand opening ceremony for its corporate office and retail branches. Held at the Grand Hyatt in Muscat, the opening ceremony witnessed the presence of many dignitaries and government officials, including the Board of directors, industry experts, prominent business leaders, associates and partners, and OQIC employees.

During the opening ceremony HE Khalaf Ahmed Al Mannai, Chairman of Oman Qatar Insurance Company unveiled the new headquarters in the presence of HE Sheikh Khalid bin Omar Al Marhoon Honorable Minister of Civil Services and other excellencies, including HE Abdullah bin Salim Al Salmi Executive President of the Capital Market Authority, HE Ali bin Fahad Al Hajri, Honorable Ambassador of Qatar to Oman and members of the Board of Directors HE Tariq Marzooq S A Al Shamlan, HE Said Mubarak Al Mohannadi.

Presenting his welcome address, HE Khalaf Ahmed Al Mannai stated, “The bilateral relations between Qatar & Oman have grown in leaps and bounds. Thanks to the shared vision of the Amir of Qatar, H.H. Sheikh Tamim bin Hamad bin Khalifa Al-Thani and the Sultan of Oman, H. H. Qaboos bin Said Al Said. This successful relation has manifested in forming new synergies, new agreements and cooperation projects.”

He further stated, “OQIC’s vision aligns with its parent Qatar Insurance Group, which is to continue its drive for achieving further growth and operational excellence through innovation, diversification and responsible leadership. Pursuant to this vision, OQIC aspires to play a key role in enhancing the bilateral ties between the two countries and be a key contributor in Oman’s economic welfare.”

Founded in 2004, OQIC has grown from strength to strength to where it is today. Building a sound reputation by providing exemplary insurance services in all sectors, OQIC has reflected strong growth and consistent performance. 

The successful listing of OQIC in the Muscat Securities Market (MSM) demonstrates the strategic importance of this move to strengthen the Group's position in the Sultanate of Oman.

The opening of the corporate office of OQIC is a strategic response to the increasing growth witnessed in the insurance sector of Oman. It also aims at supporting Omanisation by enabling Omanis to assume senior management positions.

The new corporate office of OQIC is situated in the heart of the business district in Al Khuwair. Reflecting OQIC’s ambition and commitment to the Sultanate of Oman, it provides a harmonious and dynamic environment for people to work and collaborate in. The office hosts in-house training facilities that are focused on continuous learning and development especially to cater to the young Omani nationals. The office is also equipped with a call center, state- of –the- art meeting facilities and breakout areas.

Alongside the opening of the new corporate headquarters, the dignitaries also unveiled a commemorative plaque marking the opening of a modern retail branch in Mabela that has been designed to provide customers with a welcoming and pleasurable experience. With the opening of the Mabela branch, OQIC will now have ten full-service branches across Oman.