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Oman Business News

NBC event focuses on innovative projects

The National Business Centre (NBC), an initiative of the Public Establishment for Industrial Estates (Madayn), organised Reyooq discussion session on ‘Innovative Projects’ at the Knowledge Oasis Muscat (KOM) on Wednesday.

The event’s speakers comprised Dr Abdulbaqi Al Khabouri, Director of Science Parks Department at Innovation Park Muscat; Dr Talal Al Wahaibi, Director of Industrial Sectors Innovation Programme at Industrial Innovation Centre; Firas Al Musafir, founder and CEO of Innovation Factory; and Othman Al Mandhari, innovator and co-founder of InnoTech.

The session discussed several topics including the definition and concept of innovative projects, innovation and entrepreneurship, challenges facing innovators to transform their outputs into commercial products, in addition to a highlight on the bodies that support innovation in the Sultanate. The speakers stressed on the fact that many of the Omani youth are currently focusing on IT related topics, which is a required trend at the present time.

The speakers also pointed out that Omani youth should explore the challenges facing different sectors in the Sultanate and consequently seek to explore technical and non-technical solutions to address these challenges. In addition, the speakers emphasised on the importance of focusing on quality rather than quantity in relation to ideas and products, and thus turn them into innovative products to ensure the continuity of these products.

It should be noted that the series of Reyooq events aim at highlighting a variety of topics of significance to the Omani entrepreneurs. It is worth mentioning that the NBC is an initiative launched by Madayn at KOM to offer promising Omani entrepreneurs a platform to develop their business ideas and advance them into growing ventures.

The centre provides a premier platform for Omani entrepreneurs by offering business development support and guidance, training and mentoring, access to markets and industry experts, and state-of-the-art and fully equipped office space, meeting rooms and presentation facilities.

Source Link:

  • National Business Centre
  • Knowledge Oasis Muscat
  • Reyooq Discussion Session
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