Latest news with #ForeignTradeandInternationalCooperation
Observer
03-05-2025
- Business
- Observer
Oman and Tanzania deepen trade ties at Advantage Oman Forum
MUSCAT: Oman and Tanzania have reaffirmed their longstanding friendship and laid the groundwork for deeper trade and economic collaboration during a key meeting held on the sidelines of the Advantage Oman Forum. Pankaj Khimji, Advisor for Foreign Trade and International Cooperation in Oman, met with the Permanent Secretary for Industry and Trade of Tanzania to explore new avenues for bilateral cooperation. The discussions reflected a shared vision to strengthen economic ties and build on centuries-old historical relations rooted in maritime trade and cultural exchange. 'The diverse resources and vibrant markets of Tanzania present a wealth of opportunities for Omani businesses. Together, we can unlock new avenues for growth that will benefit both nations,' said Khimji, expressing optimism about forging a joint framework for cooperation. The Tanzanian delegation voiced strong interest in enhancing trade with Oman, aligning with Muscat's strategic ambition to become a regional hub for trade and investment. Talks focused on several key sectors, including agriculture, tourism, and manufacturing—areas both sides see as engines for economic diversification and sustainable development. This meeting marks a new chapter in Oman-Tanzania relations, reflecting mutual respect and a commitment to shared prosperity. The Advantage Oman Forum once again showcased Oman's proactive approach to building global partnerships and opening new doors for economic collaboration.
Zawya
23-04-2025
- Business
- Zawya
Industry leaders to explore opportunities in Oman's sports economy
Muscat– Oman's sporting heritage and natural advantages position it to capitalise on the rapidly expanding global sports economy. On April 29, industry leaders will gather at the Civil Aviation Authority Training Centre to explore strategic opportunities in this dynamic sector. The 70-minute Tejarah Talks, 'Game On: The Potential of Oman's Sports Economy,' session brings together experts who understand both the country's competitive advantages and emerging trends in the world's ninth-largest industry, valued at $2.65tn. Moderated by Jamal al Asmi, Executive Producer, RealityCG, the panelists are Pankaj Khimji, Foreign Trade and International Cooperation Advisor, Ministry of Commerce, Industry and Investment Promotion (MoCIIP); Joe Rafferty, Events Director, Oman Sail; and Ali al Ajmi, CEO of Sabco Sports. The discussion will highlight market opportunities, including S and the fast-growing eSports sector, now valued at $6.6bn with over 500mn viewers worldwide. The sustainable sports market, worth $26.2bn and projected to grow at 7.9% CAGR through 2032 offers particular promise as Oman pursues its 2050 Net Zero target. Key topics will include the unique, year-round sports experiences offered by Oman's diversity of landscapes and favourable climate for sports tourism and events, developing infrastructure through public-private partnerships and creating career pathways in sports management. And with a median age of approximately 29 and internet penetration exceeding 95%, Oman's demographics align well with emerging sports sectors like eSports. The panel will examine successful international models, including Barcelona's Olympic investments that yielded substantial economic returns and Singapore's innovative Sports Hub PPP structure. These case studies offer valuable insights for Oman's strategic sports planning. Beyond economic potential, the session will address the broader societal impact of sports. Research indicates communities with strong sports infrastructure experience enhanced social outcomes while regular physical activity reduces national healthcare costs significantly. Organised by Oman Business Forum in association with MoCIIP and supported by MHD, Nortal, Invest Oman Lounge and Oman FM, April's Tejarah Talks aims to provide actionable insights for investors, policymakers and industry stakeholders interested in developing Oman's sports sector in alignment with Vision 2040 objectives. © Apex Press and Publishing Provided by SyndiGate Media Inc. (
Muscat Daily
22-04-2025
- Business
- Muscat Daily
Tejarah Talks: Industry leaders to explore opportunities in Oman's sports economy
Muscat– Oman's sporting heritage and natural advantages position it to capitalise on the rapidly expanding global sports economy. On April 29, industry leaders will gather at the Civil Aviation Authority Training Centre to explore strategic opportunities in this dynamic sector. The 70-minute Tejarah Talks, 'Game On: The Potential of Oman's Sports Economy,' session brings together experts who understand both the country's competitive advantages and emerging trends in the world's ninth-largest industry, valued at $2.65tn. Moderated by Jamal al Asmi, Executive Producer, RealityCG, the panelists are Pankaj Khimji, Foreign Trade and International Cooperation Advisor, Ministry of Commerce, Industry and Investment Promotion (MoCIIP); Joe Rafferty, Events Director, Oman Sail; and Ali al Ajmi, CEO of Sabco Sports. The discussion will highlight market opportunities, including sports tourism which contributes $583bn annually to the global economy and the fast-growing eSports sector, now valued at $6.6bn with over 500mn viewers worldwide. The sustainable sports market, worth $26.2bn and projected to grow at 7.9% CAGR through 2032 offers particular promise as Oman pursues its 2050 Net Zero target. Key topics will include the unique, year-round sports experiences offered by Oman's diversity of landscapes and favourable climate for sports tourism and events, developing infrastructure through public-private partnerships and creating career pathways in sports management. And with a median age of approximately 29 and internet penetration exceeding 95%, Oman's demographics align well with emerging sports sectors like eSports. The panel will examine successful international models, including Barcelona's Olympic investments that yielded substantial economic returns and Singapore's innovative Sports Hub PPP structure. These case studies offer valuable insights for Oman's strategic sports planning. Beyond economic potential, the session will address the broader societal impact of sports. Research indicates communities with strong sports infrastructure experience enhanced social outcomes while regular physical activity reduces national healthcare costs significantly. Organised by Oman Business Forum in association with MoCIIP and supported by MHD, Nortal, Invest Oman Lounge and Oman FM, April's Tejarah Talks aims to provide actionable insights for investors, policymakers and industry stakeholders interested in developing Oman's sports sector in alignment with Vision 2040 objectives.
