18/02/2016 08:46 AST

Nama Group signed an agreement with Oman Network of Volunteers "Taawon" to launch the second "Wiyakum" project as part of the Group's sustainability programme. The RO 80,000 agreement was signed at Nama Holding; previously known as Electricity Holding Company; by Omar Khalfan al Wahaibi, CEO of Nama Group and Chairman of the Sustainability Committee, and Khamis Said al Alawi, Adviser of Oman Network of Volunteers (Taawon).Wiyakum Project will be launched in two parts with a nationwide competition to develop and implement suitable volunteering programmes that can serve the community in various disciplines such as environmental conservation, health and safety, economic diversification and other social causes which reflect the Sustainability Policy and Nama Group's values.

The other part of the project aims to strengthen the link between Nama Group staff and the community. Nama staff will continue participating in volunteering training and will be encouraged to select suitable activities.

The second edition will also include a special category to award the best volunteering teams formed by Nama Group staff.

The first year of Wiyakum has attracted more than 3,800 participants representing more than 95 teams around Oman who were encouraged to volunteer through "Wiyakum" competition and more than 540 Nama staff were trained in volunteering skills and received their volunteering passports to record their volunteering hours. The 2016 edition of "Wiyakum" aims to attract more than 4,000 volunteers in the competition. The project will also cover around 22 nationwide volunteering events nationwide. Omar al Wahaibi, CEO of Nama Group and Chairman of Sustainability Committee, stated: "This year's edition has been built around the success of last year's achievements.

The volunteering teams will be encouraged to implement their projects and will be evaluated on the success and benefits realised".

Since the launch of Sustainability Policy in September 2014, Nama Group continues its support for projects in three main areas: social, environmental and economic.


Oman Daily Observer

Nama Chemicals EGM approved capital reduction

14/05/2017

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Tadawul

CMA approved Nama Chemicals' request to reduce its capital

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The CMA has issued its resolution approving Nama Chemicals Company's request to reduce its capital from SAR (1,285,200,000) to SAR (235,200,000), thus reducing the number of shares from (128,520,000)

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