Muscat, January 9 (ONA) – The “Oman and the World” media gathering, organized by the Ministry of Information, wrapped up today after two days of insightful discussions. The event, which was part of Oman’s celebration of His Majesty the Sultan’s Accession Day, featured media representatives and journalists from around the globe.
The final day of the gathering focused on several important topics, including Oman’s environmental efforts, the nation’s target of achieving carbon neutrality by 2050, and the development of various governorates and their unique advantages. The strategic importance of Sohar Freezone was also highlighted, along with investment opportunities in Oman’s industrial zones and the role of the Oman Investment Authority (OIA) in driving foreign investments.
Qais bin Mohammed Al Yousef, Oman’s Minister of Commerce, Industry and Investment Promotion, reflected on the achievements of the past five years under His Majesty Sultan Haitham bin Tarik’s leadership. He noted the reduction in public debt from 60% to 30%, preserving Oman’s status as an attractive investment destination.
Dr. Abdullah Ali Al Amri, Chairman of the Environment Authority, presented on Oman’s commitment to sustainable natural resource management. He highlighted the country’s remarkable improvement in the global environmental performance index, rising from 149th in 2022 to 54th in 2024. Dr. Al Amri also discussed Oman’s efforts to combat climate change and the transition towards a green economy.
Sheikh Hilal bin Said Al Hajri, Governor of A’Dakhiliyah, showcased the region’s competitive advantages, emphasizing its rich archaeological tourism potential. He highlighted key cultural and educational sites in the governorate, including Nizwa Fort and the University of Nizwa, as well as the area’s industrial growth through projects in Nizwa and Samail Industrial City.
Khalid bin Sulaiman Al Salehi, Director General of Marketing and Commercial Affairs at the Public Establishment for Industrial Estates (Madayn), shared insights on the growth of industrial estates in Oman. He revealed a significant increase in investment, from RO 6.6 billion in 2020 to RO 7.6 billion in 2024.
The session also included a presentation on Sohar Freezone’s role as a key logistics and industrial hub. Mohammed bin Ali Al Shizawi, Acting CEO of Sohar Freezone, emphasized its attractive business environment, strategic location, and the wide range of services it offers.
Thuraiya Ahmed Suwaidan Al Balushi, Senior Manager at the Oman Investment Authority (OIA), discussed the creation of the OIA and its role in attracting foreign investments. She also introduced the newly established Oman Future Fund, which aims to stimulate the economy through funding local projects and supporting small businesses with a capital of RO 2 billion over the next five years.
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