Global experts lay stress on energy transition Key topics: Leading figures urge switch to renewables, diversification of economy SHARE
MUSCAT: An international conference on the role of oil in shaping the future of GCC economies began in Muscat on Tuesday with the participation of local, regional and international experts.
The two-day forum, organized by Mazoon College, opened under the auspices of Sayyid Sulaiman bin Hamoud al Busaidi, Deputy Secretary-General of the Council of Ministers. In opening remarks, the Chief Guest stressed the importance of the conference in identifying the results and reasons that led to the decline in oil prices and alternatives to get out of this global economic crisis, explaining that the government is making great efforts to reduce the impact of this crisis, such as rationalising government spending and other measures.
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BUSINESS REPORTERMUSCAT, MAY 22Mazoon College is hosting an international conference that will debate the impact of oil prices on the future of GCC economies. The two events will take place at the Crowne Plaza Muscat during May 25-26, 2021. It will be opened under the auspices of Sayyid Sulaiman bin Hamoud al Busaidy, Deputy Secretary- General of the Council.