Latest news with #OmanVision2024
Times of Oman
16-02-2025
- Business
- Times of Oman
Meeting held to assess preparations for 11th Five Year Development Plan
Muscat: The Supervisory Committee of the 11th Five-Year Development Plan (2026-2030) today held its 2nd meeting of the year (2025) in Muscat. The meeting, aimed to follow up and assess the development plan's course of action, was chaired by Dr. Said Mohammed Al Saqri, Minister of Economy, Head of the committee. The committee reviewed the plan's current standing, which reflected good progress in its preparation, thanks to the efforts undertaken by 14 central teams comprising 281 members from 100 government and private entities, civil society institutions and individuals. The teams worked in accordance with a prescheduled timetable covering three basic stages: (1) Analysing the current situation; (2) Identifying the challenges and (3) Devising strategic programmes in line with the goals of Oman Vision 2024. In its discussion of priorities of the 11th Five Year Plan within the context of Oman Vision 2024, the committee laid emphasis on enhancing the growth of projects that are expected to provide greater added value to the national economy and generate more employment opportunities for Omani citizens The committee discussed the latest developments in preparing the plan's financial and economic framework, as well as future approaches and practical steps to ensure the compilation of a comprehensive development plan. The committee also stressed the importance of integration among various sectors to ensure realization of sustainable development in line with the goals of Oman Vision 2040.
Observer
27-01-2025
- Business
- Observer
Oman to host Centre for the Fourth Industrial Revolution
The Centre for the Fourth Industrial Revolution in the Sultanate of Oman will be established in the Sultanate of Oman as a regional hub for technology and innovation. The Ministry of Transport, Communications, and Information Technology recently signed the agreement at the World Economic Forum to start of operation of the center in the first quarter of 2025 The center achieves the goals of Oman Vision 2024 by adopting the latest technologies and supporting the digital economy, promoting digital innovation and environmental sustainability, accelerating the adoption of emerging technologies and artificial intelligence, and developing regulatory frameworks for data governance and artificial intelligence. It will seek to increase the contribution of the digital economy to GDP through its focus areas through the application of artificial intelligence and advanced technologies, data governance, development of regulatory frameworks for cross-border data governance, and the use of artificial intelligence. It will also develop AI applications to support sustainable climate solutions and exchange experiences with networks of Fourth Industrial Revolution centers worldwide. The expansion of the Centre for the Fourth Industrial Revolution Network is predicated on the understanding that different regions will have different priorities for using technology to address key challenges. Centers choose specific thematic focus areas on which to focus their work and pilot programs. This year, there are seven core thematic areas of research and impact generation: ushering in the Intelligent Age; transforming agriculture and food systems; revolutionizing health and biotechnology; accelerating the energy transition and sustainability; innovating mobility with autonomous systems; upskilling tomorrow's workforce; stimulating investments and competitiveness; and fostering partnerships and communities. The adoption of artificial intelligence (AI) and automation has galloped forward, completely shifting global priorities and ushering in what has been dubbed the Intelligent Age, where AI and advanced automation become ubiquitous in technology and its increasing applications. With many regions confronting the question of global food security, centers look to address this challenge through technology application in traditional farming and by innovating food systems entirely to elevate the alternative protein sector. Global health and health education remain cornerstone sectors for societies, and centers are looking to expand knowledge and access to health information and education. This includes the enablement of state- or country-wide data sharing for health research, improved resources for healthcare workers, and access to education to drive health innovation.
