Muscat: The second Tech and Telecom CEOs' Forum, focused on 'Future Technologies and the Knowledge Economy,' convened to explore the future of technology investment and the critical role of tech companies in accelerating service digitalization and fostering innovative solutions. The forum, organized by the Oman Chamber of Commerce and Industry (OCCI) in Muscat, was inaugurated under the patronage of Abdulsalam bin Mohammed Al Murshidi, Chairman of Oman Investment Authority (OIA).
According to Oman News Agency, Faisal bin Abdullah Al Rowas, Chairman of the Board of Directors of OCCI, emphasized that the technology sector is a primary engine of economic growth. He stated that the digital economy has become a fundamental pillar for diversifying national income and strengthening private sector competitiveness. Al Rowas added that the forum aligns with the nation's ambition to build an advanced digital economy, where innovation and artificial intelligence are central to its development strategy, in line with the objectives of Oman Vision 2040. He underscored the importance of digital transformation in creating a globally competitive economy that generates high-value opportunities and empowers Omani youth.
He noted that OCCI, through its dedicated Digital Economy and Artificial Intelligence Committee, is committed to nurturing the business ecosystem, empowering enterprises, streamlining procedures, and fostering integrated partnerships between government and private institutions. Eng. Ibrahim bin Abdullah Al Hosani, an OCCI Board Member and Chairman of its Digital Economy and AI Committee, affirmed that the technology and telecom sector is a cornerstone of the transition towards a diversified and sustainable digital economy. He stressed that direct dialogue between industry leaders and policymakers is essential for crafting impactful initiatives and forging partnerships that can turn ambitions into reality, thereby strengthening integration within the national technology landscape.
He further stated that Oman's technology and telecommunications sector has evolved into a significant economic contributor, pivotal for empowering businesses, building national capacity, and localizing technology. The next phase, he explained, demands a unified effort to enhance collaboration between large corporations and SMEs, while leveraging leading regional and international best practices.
The forum's agenda featured expert presentations on 'Artificial Intelligence and the Future of Sectors: Evolving IP Models and Economies' and 'Leadership in the Age of Artificial Intelligence.' A dedicated panel discussion on 'The Role of Tech Companies in Accelerating Digital Services and Developing Innovative Solutions' examined strategies to advance digital transformation across public and private sectors. It also addressed challenges related to digital adoption and explored solutions through partnerships, supportive regulation, and investment in digital infrastructure. The event concluded with a leadership session where several CEOs shared their experiences and insights on the sector's future and the impact of digital transformation on business sustainability and growth.
A concurrent startup showcase featured innovative technology projects, highlighting the dynamism of Oman's entrepreneurship ecosystem and its role in delivering promising digital solutions.