Latest news with #AhmedbinHassanalDheeb
Observer
29-04-2025
- Business
- Observer
OPAZ, OQAE ink pact to drive energy efficiency in Oman's industrial hubs
MUSCAT: The Public Authority for Special Economic Zones and Free Zones (OPAZ) signed yesterday, April 29, a Memorandum of Cooperation with OQ Alternative Energy (OQAE) to implement an Energy Excellence Programme. This initiative is part of efforts to reduce carbon emissions in economic zones, free zones and industrial cities, and to support the implementation of the national strategy to achieve net-zero carbon emissions by 2050. The memorandum also aims to explore potential cooperation opportunities in identifying and implementing energy efficiency initiatives and related certifications. The Memorandum of Cooperation was signed on behalf of OPAZ by Eng Ahmed bin Hassan al Dheeb, Deputy Chairman of OPAZ, and on behalf of OQAE by Najla al Jamali, CEO of OAQE. The areas of cooperation under the memorandum include providing support and consultancy services for energy efficiency assessments and decarbonisation of certain technical and non-technical assets owned by the Public Authority for Special Economic Zones and Free Zones; identifying and implementing energy efficiency improvement projects through performance contracting if both parties wish; supporting and advising the Authority on obtaining ISO 50001 certification in energy management; and providing consultancy services for developing an energy strategy for OPAZ. Eng Mazin bin Mansour al Balushi, Head of the Technical Studies Section at the Public Authority, stated that the Authority places great importance on environmental preservation and carbon emission reduction across the economic zones, free zones, and industrial cities under its supervision. The implementation of the Energy Excellence Programme comes in line with these objectives. He emphasised that the signing of the Memorandum of Cooperation reflects the Authority's commitment to achieving Oman Vision 2040 objectives under the priority area of environment and natural resources. He pointed out that in recent years, the Authority has signed numerous agreements and memoranda of cooperation to establish projects in green hydrogen, green ammonia, green steel, and direct reduced iron, reflecting the Authority's dedication to promoting environmental sustainability in line with national sustainability goals. He further explained that the Energy Excellence Programme will contribute to improving energy usage in the economic zones, free zones and industrial cities, and will have a positive impact on enhancing innovation and developing human capital in the areas under the Authority's supervision. OQAE provides a range of consulting services and solutions in energy efficiency, decarbonisation, and renewable energy for various companies under the OQ Group as well as external clients. Energy Excellence Programmes are among the environmental sustainability initiatives that are receiving growing global attention due to their significant economic and environmental benefits.
Muscat Daily
29-04-2025
- Business
- Muscat Daily
OPAZ, OQAE ink pact to drive energy efficiency in industrial zones
Muscat – The Public Authority for Special Economic Zones and Free Zones (OPAZ) signed a memorandum of cooperation on Tuesday with OQ Alternative Energy (OQAE) to implement an Energy Excellence Programme. This initiative forms part of ongoing efforts to reduce carbon emissions across economic zones, free zones, and industrial cities, and to support the implementation of the national strategy to achieve net-zero carbon emissions by 2050. The memorandum also seeks to explore potential areas of collaboration in identifying and implementing energy efficiency initiatives and obtaining relevant certifications. The memorandum was signed on behalf of OPAZ by H E Eng Ahmed bin Hassan al Dheeb, Deputy Chairman of OPAZ, and on behalf of OQAE by Najla al Jamali, CEO of OQAE. Areas of cooperation under the agreement include: providing support and consultancy services for energy efficiency assessments and the decarbonisation of selected technical and non-technical assets owned by OPAZ; identifying and implementing energy efficiency improvement projects through performance contracting where mutually agreed; supporting and advising the Authority in obtaining ISO 50001 certification in energy management; and offering consultancy services to develop an energy strategy for OPAZ. Eng Mazin bin Mansour al Balushi, Head of the Technical Studies Section at OPAZ, stated that the Authority places high importance on environmental preservation and carbon emission reduction across the economic zones, free zones, and industrial cities under its supervision. The implementation of the Energy Excellence Programme aligns with these objectives. He emphasised that the signing of the memorandum reflects OPAZ's commitment to achieving the objectives of Oman Vision 2040, particularly in the priority area of environment and natural resources. He noted that in recent years, the Authority has signed several agreements and memoranda of cooperation to establish projects in green hydrogen, green ammonia, green steel, and direct reduced iron – highlighting its dedication to promoting environmental sustainability in line with national goals. Balushi further explained that the Energy Excellence Programme will help optimise energy usage in the economic zones, free zones, and industrial cities, and will positively contribute to fostering innovation and developing human capital in areas under the Authority's oversight. OQAE provides a wide range of consulting services and solutions in energy efficiency, decarbonisation, and renewable energy to various companies within the OQ Group, as well as to external clients. Energy Excellence Programmes are among the environmental sustainability initiatives gaining increasing global attention due to their significant economic and ecological benefits.
Observer
10-02-2025
- Business
- Observer
Oman-India economic ties strengthened through investment dialogue
NEW DELHI: A high-level delegation from the Public Authority for Special Economic Zones and Free Zones (OPAZ) visited India to enhance economic cooperation and explore investment opportunities between the Sultanate of Oman and the Republic of India. Led by Eng Ahmed bin Hassan al Dheeb, Deputy Chairman of the Public Authority for Special Economic Zones and Free Zones, the delegation engaged with key Indian industries and institutions to foster bilateral trade and knowledge exchange. During their visit, the delegation toured major industrial hubs, including Jindal Iron and Steel Group's facilities in Angul, where they observed advanced steel production processes. They also visited OP Jindal International University to explore academic programmes, research centres and industry collaborations that could support Oman's human capital development. As part of the visit, OPAZ co-organised a business forum with the Embassy of Oman in India, coinciding with the 70th anniversary of diplomatic relations between the two nations. The event attracted more than 80 Indian companies from sectors such as pharmaceuticals, food, medical products and energy. Speaking at the forum, Al Dheeb emphasised India's strategic role as a key investment partner for Oman. 'Special economic zones and free zones are critical in driving investment and strengthening economic ties between our nations,' he stated. 'This visit is an opportunity to showcase Oman's investment potential and attract new business partnerships.' The Omani delegation presented investment opportunities across OPAZ-managed zones, highlighting incentives available to foreign investors. Additionally, the Omani House of Law Office provided an overview of Oman's legal and regulatory framework for investors. Al Dheeb reiterated the importance of leveraging Oman's special economic zones to attract Indian investments. 'By fostering cross-border collaboration, we can enhance industrial growth and create new economic opportunities for both nations,' he added. This visit reinforces Oman's commitment to strengthening economic partnerships with India, leveraging trade, investment and knowledge exchange to drive sustainable growth. — ONA
Zawya
10-02-2025
- Business
- Zawya
Oman: OPAZ explores stronger economic ties with India
Muscat – A delegation from the Public Authority for Special Economic Zones and Free Zones (OPAZ) last week visited India to strengthen economic cooperation between the two nations in the fields of special economic zones, free zones, and industrial areas. The visit also aimed to attract investments and facilitate the exchange of expertise and best practices between the two countries. The Omani delegation, led by H E Eng Ahmed bin Hassan al Dheeb, Deputy Chairman of OPAZ and Undersecretary at the Ministry of Commerce, Industry, and Investment Promotion, included CEOs from key industrial and logistics sector entities such as Madayn (the Public Establishment for Industrial Estates), Salalah Free Zone, and Khazaen Economic City. During the visit, the delegation toured Indian industrial and economic institutions, including Jindal Iron and Steel Group's project in Angul, Odisha, where they observed steel manufacturing operations. They also visited OP Jindal Global University to learn about its academic programmes, research centres, and facilities. Coinciding with the 70th anniversary of diplomatic ties between Oman and India, the Embassy of Oman in India, in cooperation with OPAZ, hosted a business forum on February 6. The event was attended by representatives from more than 80 Indian companies across various sectors, including pharmaceuticals, food, medical products, and energy. During the forum, the Omani delegation presented a detailed working paper highlighting investment opportunities in the regions under OPAZ's oversight. The presentation outlined incentives available to investors and priority sectors within the special economic zones and free zones. Oman Law House also provided an overview of the country's legislative and regulatory frameworks. Addressing the forum, H E Dheeb emphasised the significance of Oman-India relations, noting that India is one of Oman's most important investment partners. 'Special economic zones, free zones, and industrial cities play a vital role in attracting investments and enhancing economic cooperation between the two countries. We encourage Indian investors to explore the opportunities available in the sultanate,' he said. The Omani delegation's visit and the business forum reaffirmed the commitment of Oman and India to deepening bilateral trade ties and fostering collaboration in sectors critical to their economic growth.
Muscat Daily
09-02-2025
- Business
- Muscat Daily
OPAZ explores stronger economic ties with India
Muscat – A delegation from the Public Authority for Special Economic Zones and Free Zones (OPAZ) last week visited India to strengthen economic cooperation between the two nations in the fields of special economic zones, free zones, and industrial areas. The visit also aimed to attract investments and facilitate the exchange of expertise and best practices between the two countries. The Omani delegation, led by H E Eng Ahmed bin Hassan al Dheeb, Deputy Chairman of OPAZ and Undersecretary at the Ministry of Commerce, Industry, and Investment Promotion, included CEOs from key industrial and logistics sector entities such as Madayn (the Public Establishment for Industrial Estates), Salalah Free Zone, and Khazaen Economic City. During the visit, the delegation toured Indian industrial and economic institutions, including Jindal Iron and Steel Group's project in Angul, Odisha, where they observed steel manufacturing operations. They also visited OP Jindal Global University to learn about its academic programmes, research centres, and facilities. Coinciding with the 70th anniversary of diplomatic ties between Oman and India, the Embassy of Oman in India, in cooperation with OPAZ, hosted a business forum on February 6. The event was attended by representatives from more than 80 Indian companies across various sectors, including pharmaceuticals, food, medical products, and energy. During the forum, the Omani delegation presented a detailed working paper highlighting investment opportunities in the regions under OPAZ's oversight. The presentation outlined incentives available to investors and priority sectors within the special economic zones and free zones. Oman Law House also provided an overview of the country's legislative and regulatory frameworks. Addressing the forum, H E Dheeb emphasised the significance of Oman-India relations, noting that India is one of Oman's most important investment partners. 'Special economic zones, free zones, and industrial cities play a vital role in attracting investments and enhancing economic cooperation between the two countries. We encourage Indian investors to explore the opportunities available in the sultanate,' he said. The Omani delegation's visit and the business forum reaffirmed the commitment of Oman and India to deepening bilateral trade ties and fostering collaboration in sectors critical to their economic growth.
