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Oman gearing up for energy transition and maritime sector decarbonisation
Oman gearing up for energy transition and maritime sector decarbonisation

Zawya

time30-04-2025

  • Business
  • Zawya

Oman gearing up for energy transition and maritime sector decarbonisation

MUSCAT: The Sultanate of Oman is positioning itself as a key player in the global energy transition, as well as the decarbonisation of the maritime sector, according to a senior official. Speaking during the first edition of the Oman Maritime, Ports and Energy Forum held here on Tuesday, April 29, 2025, Muhanna Moosa Baqer, Director General of Ports and Marine Affairs at the Ministry of Transport, Communication and Information Technology, said: 'The world is on the cusp of a profound energy revolution, and Oman is intent on realizing its potential to catalyze the changes required.' According to Baqer, the maritime logistics sector plays a dual role in both facilitating and driving the energy transition. 'Shipping and ports are both the drivers and facilitators of the energy transition across the globe. Shipping will increasingly transport cargo such as LNG, hydrogen, ammonia, and CO2 to all corners of the world, and the industry is a lynchpin in the development of this new and exciting global supply chain infrastructure,' he said. In addition to transporting new energy resources, the sector will also become a consumer of alternative low and zero carbon marine fuels, said Baqer. 'As well as transporting new energy sources, shipping will be consumers of this energy, using alternative low and zero-carbon marine fuels to propel the global merchant fleet. Additionally, he shared that ports will become vital energy hubs and 'gateways for the import, export, and storage of low-carbon and renewable energy', while also supporting a developing bunkering sector for alternative marine fuels. This evolving role of the maritime sector comes amid increasing global pressure to decarbonise the sector. 'Shipping and ports have a huge responsibility for the successful delivery of decarbonization on a national and global basis. To facilitate this, we are seeing the introduction of a raft of national, regional, and global environmental regulations, which together set out ambitious targets for the decarbonization of shipping and ports, which will also accelerate the pace of the energy transition.' A major example, according to Baqer, is the International Maritime Organization's proposed Net Zero Framework, which aims to set mandatory emissions limits and introduce carbon pricing across the shipping sector. 'If adopted, they would enter into force in 2027, and the IMO's Net Zero Framework will be the first in the world to combine mandatory emissions limits and GHG pricing across an entire industry sector. So, the world is on the cusp of a profound energy revolution, and Oman is intent on realizing its potential to catalyze the changes required.' Consequently, Oman's port and maritime sectors are actively evolving to meet future demands, he said. 'The country's maritime and port sectors are focused on developing cutting-edge logistics excellence in tandem with meeting the requirements of environmental sustainability and stewardship.' Additionally, he shed light on the intersecting role Oman plays in both maritime trade and the energy transition. 'Oman also has a leading and proactive role to play as a key producer of renewable energy. A very recent example of this is the agreement to establish the world's first liquid hydrogen import corridor, which will connect the Port of Duqm, the Port of Amsterdam, and key logistics hubs in Germany.' Concluding his remarks, Baqer noted that the Oman's maritime sector is ready for the change. 'Oman's maritime, boats, and bunkering sectors are building on their heritage and preparing to catalyze the change.'

Oman gearing up for energy transition and maritime sector decarbonisation
Oman gearing up for energy transition and maritime sector decarbonisation

Observer

time29-04-2025

  • Business
  • Observer

Oman gearing up for energy transition and maritime sector decarbonisation

MUSCAT: The Sultanate of Oman is positioning itself as a key player in the global energy transition, as well as the decarbonisation of the maritime sector, according to a senior official. Speaking during the first edition of the Oman Maritime, Ports and Energy Forum held here on Tuesday, April 29, 2025, Muhanna Moosa Baqer, Director General of Ports and Marine Affairs at the Ministry of Transport, Communication and Information Technology, said: 'The world is on the cusp of a profound energy revolution, and Oman is intent on realizing its potential to catalyze the changes required.' According to Baqer, the maritime logistics sector plays a dual role in both facilitating and driving the energy transition. 'Shipping and ports are both the drivers and facilitators of the energy transition across the globe. Shipping will increasingly transport cargo such as LNG, hydrogen, ammonia, and CO2 to all corners of the world, and the industry is a lynchpin in the development of this new and exciting global supply chain infrastructure,' he said. In addition to transporting new energy resources, the sector will also become a consumer of alternative low and zero carbon marine fuels, said Baqer. 'As well as transporting new energy sources, shipping will be consumers of this energy, using alternative low and zero-carbon marine fuels to propel the global merchant fleet. Additionally, he shared that ports will become vital energy hubs and 'gateways for the import, export, and storage of low-carbon and renewable energy', while also supporting a developing bunkering sector for alternative marine fuels. This evolving role of the maritime sector comes amid increasing global pressure to decarbonise the sector. 'Shipping and ports have a huge responsibility for the successful delivery of decarbonization on a national and global basis. To facilitate this, we are seeing the introduction of a raft of national, regional, and global environmental regulations, which together set out ambitious targets for the decarbonization of shipping and ports, which will also accelerate the pace of the energy transition.' A major example, according to Baqer, is the International Maritime Organization's proposed Net Zero Framework, which aims to set mandatory emissions limits and introduce carbon pricing across the shipping sector. 'If adopted, they would enter into force in 2027, and the IMO's Net Zero Framework will be the first in the world to combine mandatory emissions limits and GHG pricing across an entire industry sector. So, the world is on the cusp of a profound energy revolution, and Oman is intent on realizing its potential to catalyze the changes required.' Consequently, Oman's port and maritime sectors are actively evolving to meet future demands, he said. 'The country's maritime and port sectors are focused on developing cutting-edge logistics excellence in tandem with meeting the requirements of environmental sustainability and stewardship.' Additionally, he shed light on the intersecting role Oman plays in both maritime trade and the energy transition. 'Oman also has a leading and proactive role to play as a key producer of renewable energy. A very recent example of this is the agreement to establish the world's first liquid hydrogen import corridor, which will connect the Port of Duqm, the Port of Amsterdam, and key logistics hubs in Germany.' Concluding his remarks, Baqer noted that the Oman's maritime sector is ready for the change. 'Oman's maritime, boats, and bunkering sectors are building on their heritage and preparing to catalyze the change.'

Announcement of the official launch of the Egyptian Government Real Estate Platform
Announcement of the official launch of the Egyptian Government Real Estate Platform

Zawya

time16-02-2025

  • Business
  • Zawya

Announcement of the official launch of the Egyptian Government Real Estate Platform

Eng. Sherif Al-Sharbin, Minister of Housing: The Ministry of Housing is currently working on developing a comprehensive strategy to market Egyptian real estate abroad. Ahmed Al-Batrawy: The MLS system will enable Egyptian real estate professionals to collaborate, share property listings, and access international markets with unprecedented ease and efficiency. Under the patronage of Eng. Sherif Al-Sharbin, Minister of Housing and New Urban Communities, and Dr. Amr Talaat, Minister of Communication and Information Technology, the official launch of the Egyptian Government Real Estate Platform, supported by the MLS (Multiple Listing Service) system, was announced in Cairo at the website This historic event represents a turning point in the future of the real estate market in Egypt, aiming to establish a working mechanism for the sector by enhancing transparency, efficiency, and credibility. The MLS system is the first multiple listing system in Egypt, a government initiative providing a unified center for all market players, including real estate agents, developers, financial institutions, and government entities. It is not just a database but a comprehensive system aimed at creating an organized central real estate market. In his speech, Eng. Sherif Al-Sharbin stated, "The Egyptian state has taken the responsibility of urban and real estate development as one of its national priorities to encourage national and foreign investment, as activities in the real estate sector contribute to the national economy and have been gradually increasing in recent years thanks to national projects implemented by the Egyptian state. The Egyptian property is a store of value for both individuals and companies." He continued, "Exporting real estate requires a set of executive procedures by providing various facilitations. The Ministry of Housing is currently working on developing a comprehensive strategy to market Egyptian real estate abroad and identify target markets, which requires cataloging available units, classifying them, and placing them on a unified electronic system. The establishment of a unified platform for Egyptian real estate is a strategic goal for the effective management of the real estate system and to enhance Egypt's position on the global map for real estate investment, encouraging foreign investments, and opening new horizons for Egyptians abroad and international investors, thus contributing to a real boom in the Egyptian real estate sector." Commenting on this unique event, Ahmed Al-Batrawy, Chairman of E-Systematic, expressed his happiness with the official launch of the government real estate platform, pointing out that the new platform ensures that all transactions, property listings, and market movements are verified, monitored, and certified with high credibility. Thanks to the MLS system, which unifies all real estate data, it becomes the only reliable source of real estate information by eliminating duplicate and repeated listings, ensuring that only verified properties are available to buyers and investors, while updating work mechanisms and regulating policies, which enhances trust between professionals and consumers, linking the Egyptian real estate market to the world. The platform represents a significant step towards digital transformation in the real estate sector, providing an innovative and effective means for local and international real estate developers and investors to connect and learn about the latest real estate projects in Egypt. He added that starting today, Egypt can connect to a global network of more than 2 million real estate professionals in the United States, Canada, Europe, and South America, and through the MLS system, Egyptian real estate professionals will be able to collaborate, share property listings, and access international markets with unprecedented ease and efficiency. He continued that thanks to this platform, this system will open new horizons for foreign investments and cross-border transactions, making Egypt a key player in the global real estate market. The official Egyptian real estate platform is set to transfer data directly from the MLS system, ensuring that all listed properties are verified, accurate, and continuously updated. This platform also enhances consumer trust by eliminating fraudulent listings and providing a seamless and secure experience for completing real estate transactions.

AI to secure Oman's sustainable future
AI to secure Oman's sustainable future

Zawya

time28-01-2025

  • Business
  • Zawya

AI to secure Oman's sustainable future

As Oman moves forward with its ambitious Vision 2040 charter, artificial intelligence (AI) is set to play a pivotal role in transforming the country's public and private sectors. With the aim of diversifying the economy, enhancing government services, and fostering sustainable development, Oman is strategically poised to integrate AI technologies into key areas of governance and industry. This goal was the overarching theme of Oman AI Summit 2025, a two-day forum that began at the Oman Convention and Exhibition Centre here on Monday. According to a number of experts in attendance, Oman Vision 2040 enshrines the government's commitment to digital transformation and technological innovation through the use of AI. This technology is propose to be harnessed to help streamline processes, enhance decision-making, and optimise resource management. The Sultanate's infrastructure and growing digital capabilities provide a solid foundation for the widespread adoption of AI, positioning the nation to become a regional leader in technological advancement, officials stressed. Hassan Fida al-Lawati, National Programme Head for Artificial Intelligence and Advanced Technologies at the Ministry of Transport, Communication and Information Technology, stated: 'In Oman, there is a strong drive to encourage various sectors to adopt AI as a tool to enhance productivity and add greater value to their operations. One of the key objectives of Oman Vision 2040, particularly in the realm of ICT, is to increase the contribution of the digital economy to the country's GDP.' Government officials have already identified several sectors that can benefit from AI, including healthcare, education, transportation, and energy. In healthcare, for example, AI could be used to improve patient outcomes through predictive analytics and enhance diagnostic accuracy. In education, AI-powered tools could personalise learning experiences, while in transportation, AI systems could optimise traffic flow and reduce congestion. Furthermore, AI's potential to drive efficiencies in government operations is undeniable. By automating routine tasks, AI can help reduce bureaucratic overheads and enable public sector employees to focus on more strategic, value-added activities. This aligns with Oman Vision 2040 of creating a more agile and transparent government that can respond to the needs of its citizens in real time. The Omani government has already taken steps to cultivate the necessary ecosystem for AI adoption, including investments in education and training programmes aimed at building a tech-savvy workforce. With its stable regulatory environment, commitment to innovation, and focus on fostering public-private partnerships, Oman is well-positioned to harness the power of AI as it moves towards its 2040 Vision. © All right reserved for Oman Establishment for Press, Publication and Advertisi

AI to secure Oman's sustainable future
AI to secure Oman's sustainable future

Observer

time27-01-2025

  • Business
  • Observer

AI to secure Oman's sustainable future

MUSCAT, JAN 27 As Oman moves forward with its ambitious Vision 2040 charter, artificial intelligence (AI) is set to play a pivotal role in transforming the country's public and private sectors. With the aim of diversifying the economy, enhancing government services, and fostering sustainable development, Oman is strategically poised to integrate AI technologies into key areas of governance and industry. This goal was the overarching theme of Oman AI Summit 2025, a two-day forum that began at the Oman Convention and Exhibition Centre here on Monday. According to a number of experts in attendance, Oman Vision 2040 enshrines the government's commitment to digital transformation and technological innovation through the use of AI. This technology is propose to be harnessed to help streamline processes, enhance decision-making, and optimise resource management. The Sultanate's infrastructure and growing digital capabilities provide a solid foundation for the widespread adoption of AI, positioning the nation to become a regional leader in technological advancement, officials stressed. Hassan Fida al-Lawati, National Programme Head for Artificial Intelligence and Advanced Technologies at the Ministry of Transport, Communication and Information Technology, stated: 'In Oman, there is a strong drive to encourage various sectors to adopt AI as a tool to enhance productivity and add greater value to their operations. One of the key objectives of Oman Vision 2040, particularly in the realm of ICT, is to increase the contribution of the digital economy to the country's GDP.' Government officials have already identified several sectors that can benefit from AI, including healthcare, education, transportation, and energy. In healthcare, for example, AI could be used to improve patient outcomes through predictive analytics and enhance diagnostic accuracy. In education, AI-powered tools could personalise learning experiences, while in transportation, AI systems could optimise traffic flow and reduce congestion. Furthermore, AI's potential to drive efficiencies in government operations is undeniable. By automating routine tasks, AI can help reduce bureaucratic overheads and enable public sector employees to focus on more strategic, value-added activities. This aligns with Oman Vision 2040 of creating a more agile and transparent government that can respond to the needs of its citizens in real time. The Omani government has already taken steps to cultivate the necessary ecosystem for AI adoption, including investments in education and training programmes aimed at building a tech-savvy workforce. With its stable regulatory environment, commitment to innovation, and focus on fostering public-private partnerships, Oman is well-positioned to harness the power of AI as it moves towards its 2040 Vision.

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