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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

Nama Group signs RO 400m contracts

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MUSCAT: On the sidelines of Oman Energy and Water Conference and Exhibition, Nama Group signed three contracts worth of RO 400 million with Oman Cables Industries Company, Nuhas Oman and Ducab Muscat for the purchase of cables and electric connectors. The term of the contracts is three years that may be renewed for additional two years. As per the contracts, the group companies will get cables at the best international prices at the world market and will accelerate the purchase and supply process.


The contracts were signed by Hassan bin Mohammed al Lawati, Chairman of Nama Group, Louis Du Preez, General Manger of Oman Cables Industry Company, Ajay Karasindas, Chairman of Nuhas Oman, and Mohammed al Qurashi, GM of Ducab Muscat. The chairman of Nama Group said that the contracts come within the initiatives made by the group to purchase cables to meet their needs, especially cables that are the most consumed material by electricity companies. — ONA


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