
'Sports Marketing and Investment' seminar organised
Oman Olympic Committee (OOC), represented by the Olympic Academy of Oman, organised a specialised seminar titled "Sports Marketing and Investment" yesterday, Tuesday, at its headquarters. This initiative is part of its ongoing efforts to enhance modern economic concepts within the sports sector and explore diversified financial support for sports entities and institutions.
The seminar aimed to highlight the importance of shifting from traditional reliance on sponsors to innovative and sustainable financing models. This move aims to strengthen Oman's sports infrastructure and support the goals of Vision 2040 in integrating sports as a contributing sector to the national economy.
The seminar covered concepts of sports marketing from a civilisational and strategic perspective, discussing challenges in diversifying income sources. It emphasised building effective commercial partnerships beyond traditional sponsorship. Additionally, it discussed sports investment as promising economic opportunities and the importance of developing an investor-friendly environment aligned with international practices.
Sajjad bin Mohammed al Lawati, Vice-President of the Oman Table Tennis Federation, presented various models and examples reflecting the current landscape of sports marketing, its opportunities and challenges. He stressed the need to broaden public understanding of sports' dual role as an economic and social value. The seminar also highlighted successful practices in sports investment and underscored the importance of networking between sports institutions and both public and private sectors. This networking enhances the sports system's financial self-sufficiency and helps achieve its developmental objectives.
This seminar aligns with the Olympic Academy of Oman's direction to provide educational and training programmes that respond to institutional development needs in the sports sector. It aims to enhance its capacity to address economic challenges through scientific and practical methods.
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Observer
a day ago
- Observer
'Sports Marketing and Investment' seminar organised
Oman Olympic Committee (OOC), represented by the Olympic Academy of Oman, organised a specialised seminar titled "Sports Marketing and Investment" yesterday, Tuesday, at its headquarters. This initiative is part of its ongoing efforts to enhance modern economic concepts within the sports sector and explore diversified financial support for sports entities and institutions. The seminar aimed to highlight the importance of shifting from traditional reliance on sponsors to innovative and sustainable financing models. This move aims to strengthen Oman's sports infrastructure and support the goals of Vision 2040 in integrating sports as a contributing sector to the national economy. The seminar covered concepts of sports marketing from a civilisational and strategic perspective, discussing challenges in diversifying income sources. It emphasised building effective commercial partnerships beyond traditional sponsorship. Additionally, it discussed sports investment as promising economic opportunities and the importance of developing an investor-friendly environment aligned with international practices. Sajjad bin Mohammed al Lawati, Vice-President of the Oman Table Tennis Federation, presented various models and examples reflecting the current landscape of sports marketing, its opportunities and challenges. He stressed the need to broaden public understanding of sports' dual role as an economic and social value. The seminar also highlighted successful practices in sports investment and underscored the importance of networking between sports institutions and both public and private sectors. This networking enhances the sports system's financial self-sufficiency and helps achieve its developmental objectives. This seminar aligns with the Olympic Academy of Oman's direction to provide educational and training programmes that respond to institutional development needs in the sports sector. It aims to enhance its capacity to address economic challenges through scientific and practical methods.


Observer
a day ago
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Green hydrogen: Treasure to global energy markets
As the global pursuit of carbon neutrality accelerates, green hydrogen is quickly emerging as the cornerstone of a cleaner energy future and Oman is uniquely positioned to lead the charge. Situated at the crossroads of Europe, Asia, and Africa, the Sultanate of Oman is not simply embracing another alternative fuel; it is shaping its role as a pivotal player in the energy systems of tomorrow. With abundant solar radiation, expansive wind corridors, promising government policies, and world-class port infrastructure, Oman offers an unrivaled combination of natural and logistical assets. While others contend with sluggish bureaucracy, Oman has enacted agile policies and rolled out attractive incentives that are already drawing serious investment. This proactive approach provides the country with a vital head start. But the implications go far beyond economic gains. In an era when energy independence equates to geopolitical influence, green hydrogen presents Oman with a chance to move from energy supplier to strategic architect on the global stage. Globally, green hydrogen momentum is building at unprecedented speed. The International Energy Agency (IEA) estimates that global electrolyser capacity could reach between 134 and 850 gigawatts by 2030, with up to 8 million tonnes of hydrogen produced annually. Germany has pledged €9 billion to establish 5 GW of domestic electrolyser capacity. Japan has earmarked $21 billion over 15 years in subsidies. Meanwhile, Australia's Western Renewable Energy Hub envisions up to 26 GW of combined solar and wind dedicated to green hydrogen and ammonia export. Saudi Arabia's $8.4 billion NEOM project plans to deliver 1.2 million tonnes of green ammonia annually by 2026 using 3.9 GW of renewable capacity. For Oman, this transition is not just about sustainability. 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