The business sector will have revolutionary opportunities because to Oman Vision 2040.

Muscat – Oman Cables Industry (OCI), a leading cable solutions provider in the Sultanate of Oman, recently hosted a session with Haitham Salim Al Salmi, CEO of Muscat Stock Exchange (MSX), who served as the Guest of Honor. The session highlighted the growing importance of sustainability and ESG (Environmental, Social, and Governance) practices in the evolving stock market landscape.

During the meeting, Mr. Al Salmi shared insights on Oman’s economic outlook, emphasizing the critical role of ESG factors for listed companies and the wider financial ecosystem. Following his speech, the participants took part in an engaging discussion on Sustainability and ESG, led by a renowned international expert specializing in Sustainability, Environmental, and Climate Economics.

In his remarks, Mr. Al Salmi, who is also the Chairman of Muscat Clearing and Depository Company, noted, “Oman Vision 2040 is creating transformative opportunities for the private sector, including privatization, economic diversification, and the development of the financial sector.” He further highlighted that Vision 2040’s emphasis on capital market development and ESG implementation is pivotal to sustainable growth. Mr. Al Salmi commended OCI for its efforts in ESG, particularly its transparent voluntary disclosures, and recognized the company as an exemplary player in Oman’s manufacturing sector.

Ms. Cinzia Farisè, Chairperson of OCI’s Board of Directors, expressed gratitude for Mr. Al Salmi’s participation, thanking him for sharing valuable insights. She stated, “Today marks a significant moment for OCI’s Board. With the support of our strategic partners, we are continually enhancing our knowledge and capabilities to lead the way in sustainability and ESG practices.”

Ms. Farisè further emphasized that OCI’s ongoing focus on sustainability, innovation, and economic resilience reflects its commitment to responsible business practices and aligns with Oman Vision 2040’s goals for sustainable growth and net-zero emissions by 2050.

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