ITS Confirmed its support as Gold Sponsor of Oman Islamic Economic Conference on the 22 – 23 April ,2012 ,which took a good place of Al Bustan Hotel , Muscat Oman with great Success.The Sultanate’s second Economic Forum concluded at the Shangri-La Barr Al-Jissah Resort Muscat, with engaging discussion about the potential for renewable energy in Oman. Amongst second and final day’s discussion at the Oman Economic Forum were topics including Oman’s investment environment; the potential for renewable energy in Oman and the Sultanate’s development and diversification strategy for the Omani economy. H.E Khalil Bin Abdullah Al-Khonji, Chairman of the Oman Chamber of Commerce moderated the panel.
The global financial crisis led to a credit crunch due to a sharp rise in risk awareness on the part of banks and investors. While these conditions are starting to ease, Governments and the private sector have had to adopt new funding strategies. For this the event had a panel to discuss the following:
• Financing need of the next development plan.
• Funding challenges in the post-crisis period.
• Role of local and international banks.
• Role of the government in bridging the funding gap.
• Role of capital markets.
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