Oman Business Forum discusses future of energy and industries

Oman Business Forum discusses future of energy and industries

The Oman Business Forum, held today at the Oman Convention and Exhibition Center, discussed latest developments in the future of energy and industries across all sectors,

The post Oman Business Forum discusses future of energy and industries appeared first on The Arabian Stories News.Muscat – Organized by ‘The Business Year’ foundation in collaboration with the Ministry of Commerce, Industry, and Investment Promotion, the forum drew attention to crucial aspects shaping Oman’s economic landscape.

Addressing the forum, H.E. Qais bin Mohammed Al Yousef, Minister of Commerce, Industry, and Investment Promotion, emphasized the increasing significance of renewable energy sustainability in driving the Sultanate’s business future and local economy. He highlighted Oman’s ambitious target to annually produce at least one million tons of green hydrogen, to position the country as the Middle East’s largest exporter and the sixth-largest global exporter by 2030.Oman is witnessing substantial investments from major manufacturers keen to leverage opportunities in green hydrogen production and export, he noted.The Minister also underscored the partnership initiative between the Ministry and The Business Year to issue the tenth edition of the annual book titled ‘Oman 2024’.Aisi Hazir, CEO and founder of The Business Year, commended Oman as a highly attractive investment destination, citing significant