MUSCAT: Oman is actively enhancing its role in the global technology landscape by participating in international events and launching initiatives aimed at modernizing its economy. During a key meeting chaired by Eng. Ibrahim bin Abdullah Al Hosni, the focus was on Oman’s participation in major global tech events, such as the Mobile World Congress in Shanghai. This event, known as one of the largest in the telecommunications industry, underscores Oman’s commitment to strengthening its presence in the global technology arena.
The meeting highlighted Oman’s efforts to integrate digital economy strategies and artificial intelligence into its economic framework. Eng. Ibrahim Al Hosni emphasized that these initiatives are designed to increase productivity, drive innovation in products and services, and attract foreign investments to the sector. By adopting advanced technologies, Oman aims to foster a more competitive and resilient economic environment that aligns with global trends in digital transformation.
Key initiatives discussed included the Oman Future Fund’s role in supporting venture capital to boost the investment ecosystem. This approach is expected to encourage entrepreneurship and stimulate economic growth by providing essential financial backing to innovative startups and projects. The committee also explored the significance of venture capital as a catalyst for technological advancement and sustainable economic development in Oman.
Additionally, the Shuaa platform was spotlighted as a vital tool in advancing innovation and knowledge sharing across Oman. This platform provides access to Oman’s research output, enabling collaboration among academics, researchers, and industry experts. Such initiatives are instrumental in creating a knowledge-driven economy that aligns with Oman’s vision for the future. The meeting concluded with a shared commitment to continue fostering innovation and ensuring Oman remains at the forefront of technological progress on a global scale.
