Duqm rapidly emerging as Oman's powerhouse of industrial innovation

Muscat: From green hydrogen to carbon neutral steel the Special Economic Zone at Duqm is rapidly emerging as Oman's powerhouse of industrial innovation. Now, Sezad introduces Duqm Now – a quarterly forum that brings together the nation's visionaries, doers and decision-makers.

The first session, Up & Down the Green Stream, takes place 7:30pm Wednesday, 29 January at the Crowne Plaza Hotel Duqm. With Oman targeting 30% of its electricity from renewable sources by 2030 this timely event will examine how businesses of all sizes can harness opportunities in one of Oman’s most transformative sectors.

The expert panel brings together key industry leaders: Essam Al Sheibany, Vice President, Sustainability, Asyad Group; Dr. Khalil AlHanashi, Senior Advisor, Ministry of Energy & Minerals; and Musab Al Farsi, CEO, Nafath Renewable Energy. The evening's discussions, moderated by Dr. Mohammed Al Mugheiry, Petroleum Engineering Commercialization Manager, PDO, will explore practical pathways for local companies to participate in Oman's green energy future.

According to the International Energy Agency, global energy investment surpassed US$3 trillion for the first time in 2024, with US$2 trillion allocated to clean energy technologies and infrastructure. Investment in clean energy has accelerated since 2020 and spending on renewable power, grids and storage now exceeds total investments in oil, gas and coal. In Europe, SMEs in the renewable energy sector have reported an average annual revenue increase of 15% over the past five years, driven by strong market demand and supportive policies. Sezad’s Integrated Energy Valley offers the infrastructure, strategic location and support services necessary for local as well as international businesses to tap into this expanding industry and become part of the global shift towards clean energy.

Eng. Ahmed Akaak, CEO, Sezad described Duqm Now as a carefully crafted platform for learning and growth. “We will bring together top experts to provide actionable insights on timely and relevant themes. Each session designed to deliver transformative ideas that can help attendees enhance their leadership, strengthen their teams and expand their businesses. More than just standalone discussions, we aim to create a cohesive experience where each session builds on the last, allowing attendees to integrate and apply what they learn in meaningful ways.”

Eng. Ibrahim Al Hasni, MD, Duqm Quarries shared why his company is backing the initiative: “Duqm Now is an investment in the future of business in Oman. As a member of the Sezad community we believe these quarterly events will help businesses of all sizes explore new directions, forge partnerships and seize the exciting opportunities Duqm offers.”

Beyond the discussions, Duqm Now will provide attendees with opportunities to connect with peers, industry experts and potential partners. A podcast series will extend key takeaways to a broader audience, reinforcing Sezad’s role as a leading business hub for innovation and investment.

All four 2025 sessions have been developed to align with Oman Vision 2040, covering topics such as education-industry collaboration, circular economy practices and advancements in petrochemicals. The initiative reflects Sezad’s commitment to fostering enterprise and encouraging innovative thinking. “Duqm Now aims to bring together our tenant community and stakeholders while offering forward looking entrepreneurs and potential investors insights into the real opportunities right now on Sezad,” concluded Eng. Akaak.

This unique platform, sponsored by Duqm Quarries and Development Bank, and supported by Salam Air, Crowne Plaza Hotel Duqm, Oman Economic Review, and Oman FM goes beyond traditional networking to deliver actionable insights and forge the connections that turn ambitious plans into business reality.

Duqm Now is conducted in Arabic. It is free of charge and open to all. To book your seat email your name and phone number to: [email protected]