Oman Hosts International Conference On Innovation And Investment

The first international conference on business sustainability began today in Muscat. Tax Authority Head Nasser bin Khamis Al Jashmi sponsored the major event.

The University of Technology and Applied Sciences hosts the two-day gathering. The Ministry of Commerce, Industry, and Investment Promotion partnered to organize it.

Aligning With Oman Vision 2040

The event directly supports the primary objectives of Oman Vision 2040. Officials aim to position the Sultanate as a sustainable global investment destination.

Attendees discussed foreign direct investment and public-private partnerships. They also explored essential regulatory reforms, modern innovation, and long-term economic sustainability.

Major institutions like the Muscat Stock Exchange and World Bank participated today. Organizers also launched an exhibition featuring innovative student projects.

Raising Scientific Standards

Assistant President Dr. Khalid bin Salem Al-Abri addressed the attendees. He noted the Scientific Committee reviewed 136 submitted research papers.

The committee ultimately selected only 38 high-quality papers for presentation. This rigorous process ensured a very high scientific standard for the event.

Al-Abri stated the conference unites researchers and experts from seven countries. He believes contemporary economic challenges require serious cross-border dialogue and shared experiences.

Organizers adopted a flexible hybrid model for the international conference. This format combines actual and virtual attendance to maximize global impact.

Linking Knowledge With Application

The university eagerly develops its postgraduate academic studies system. The business faculty currently offers specialized master's programs in leadership and taxation.

These targeted academic programs respond directly to modern labor market requirements. They help strengthen national competencies in vital economic development areas.

Al-Abri highlighted the university’s recent qualitative achievements in scientific research. Researchers published over one thousand papers in the prestigious Scopus database.

Approximately 30 percent of these papers focused on investment and business. This specific research output aligns perfectly with current national economic priorities.

The university secured nearly half a million Omani riyals in external funding. Industry partners also support and fund the campus scientific incubator.

This strategic step links academic knowledge directly with practical application. The initiative transforms scientific research into sustainable and measurable economic value.