Oman Debate 2011 throws light on new challenges

22/12/2011 00:00 AST

The who's who of corporate and social Oman debated about the way ahead for Oman’s economy at Oman Debate 2011, the economic forum in the country, recently at Oman Auditorium, Al Bustan Palace Hotel.

A slew of riveting topics such as Omanisation, job creation, revamping education system in the country to meet the requirements of a changing business landscape and economic trends came up for deliberation during the debate.

The stimulating forum organised by Oman Economic Review in co-operation with the Capital Market Authority (CMA) and anchored by television host Tim Sebastian, the founder and chairman of ‘The Doha Debates’, was attended by top-level officials of both public and private sectors, including heads of institutions, policymakers and corporate captains.

The strategic partners of the debate were BankSohar, Audi from Zubair Automotive, Nawras and Ominvest. The partners were Taageer Finance Company, Genetco-Canon and Glorei while the support partners were Al Habib and Sharq Sohar.

Darwish Ismaeel al Balushi, Minister Responsible for Financial Affairs, who was the chief guest of the event, praised Oman Economic Review for organising the national debate and annually recognising the efforts of the corporate world through its Top 20 awards. He emphasised the role of private sector in transforming Oman to a modern and diversified economy. “A key element for a vibrant economy is a thriving private sector and Oman’s Eighth Five-Year Plan offered tremendous opportunities for the private sector to experience sustained growth,” said Darwish.

The panellists of the debate were Dr Salem bin Nasser al Ismaily, Chairman, Public Authority for Investment Promotion & Export Development, Ahmed al Dheeb, Under-Secretary, Ministry of Commerce and Industry, Hani al Zubair, Executive Chairman, Zubair Automotive Group, Hussain Jawad, Chairman, W J Towell, Adil Taqi, CEO, Muriya Tourism Company, Hatem al Shanfari, Faculty Member at the Department of Economics and Finance, Sultan Qaboos University, Dr Mohamed Abdulaziz Kalmoor, CEO, Bank Sohar, Ross Cormack, CEO, Nawras, Faisal al Lawati, Executive Director, Genetco, Dr Brian Buckley, General Manager & CEO, Oman LNG.

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