By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Gulf PressGulf Press
  • Home
  • Gulf News
  • World
  • Business
  • Technology
  • Sports
  • Lifestyle
Search
Countries
More Topics
  • Health
  • Entertainment
Site Links
  • Customize Interests
  • Bookmarks
  • Newsletter
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Reading: OMR 1.5 million investment agreement signed for Ibri Science and Innovation Centre
Share
Notification Show More
Latest News
Al Meqbaali stars as UAE knock holders Algeria out on penalties
Sports
Building Green: Rethinking construction for a low-energy Europe
World
Etihad Airways carries 2.1 million passengers in November
Business
Unconventional AI confirms its massive $475M seed round
Technology
India’s retail inflation rises to 0.71% in November
Business
Aa
Gulf PressGulf Press
Aa
  • Gulf News
  • World
  • Business
  • Entertainment
  • Lifestyle
  • Sports
Search
  • Home
  • Gulf
  • Business
  • More News
    • World
    • Technology
    • Lifestyle
    • Entertainment
    • Sports
Have an existing account? Sign In
Follow US
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Gulf Press > Business > OMR 1.5 million investment agreement signed for Ibri Science and Innovation Centre
Business

OMR 1.5 million investment agreement signed for Ibri Science and Innovation Centre

News Room
Last updated: 2024/07/09 at 1:45 PM
News Room
Share
5 Min Read
SHARE

OQ Refineries and Petroleum Industries, a company under the OQ Group, and Petroleum Development Oman (PDO) recently signed an agreement with the Office of the Governor of Al Dhahirah to establish and manage the Ibri Innovation and Science Centre. This collaboration, with an investment of OMR 1.5 million, aims to drive sustainable development in alignment with Oman Vision 2040 and promote innovation among the country’s youth. The partnership seeks to contribute to the development of Al Dhahirah Governorate through sustainable projects, highlighting the commitment of both companies to social responsibility and community service. By creating new growth opportunities and partnerships, the centre will support Oman’s social and economic development goals.

The signing of the agreement included Najeeb bin Ali Al Rawas, Governor of Al Dhahirah Governorate; Kamil Al Shanfari, Chief Executive OQ Refineries and Petroleum Industries; and Engineer Mohammed bin Ahmed Al Ghareebi, External Affairs, Communication and Social Investment Manager at PDO. The Ibri Innovation and Science Centre will provide various facilities for the local community, such as an innovation hub, a youth and culture centre, a museum, a public library, an open-air theatre, and retail shops. This centre is set to become a hub of innovation and culture in Al Dhahirah Governorate, offering Omani youth opportunities to enhance their creativity and skills in scientific and cultural fields.

PDO will be responsible for overseeing the construction and management of the Ibri Innovation and Science Centre until its completion. Once operational, the centre will be transitioned to the Office of the Governor of Al Dhahirah for day-to-day management. This initiative reflects the companies’ dedication to supporting local collaboration and fostering sustainable development in Oman. The centre’s focus on innovation and culture will provide the community with a valuable resource for education, creativity, and collaboration, contributing to the overall development of Al Dhahirah Governorate.

In line with Oman Vision 2040, the Ibri Innovation and Science Centre aims to spark innovation and creativity among Oman’s youth, providing them with opportunities to develop their skills and expertise in various fields. The investment of OMR 1.5 million reflects the commitment of OQ Refineries and Petroleum Industries and PDO to supporting sustainable development and social responsibility in Oman. Through the establishment of this centre, the companies are demonstrating their dedication to fostering growth and partnerships within the local community, with a focus on supporting the social and economic development goals of the country.

The collaboration between OQ Refineries and Petroleum Industries, PDO, and the Office of the Governor of Al Dhahirah highlights the importance of public-private partnerships in driving sustainable development and innovation in Oman. By investing in projects such as the Ibri Innovation and Science Centre, these companies are contributing to the country’s long-term vision for development and growth. The centre will serve as a valuable resource for the local community, offering educational, cultural, and recreational facilities that will benefit residents of all ages. With a strong focus on social responsibility and community service, this initiative is set to make a significant impact on the development of Al Dhahirah Governorate and create lasting benefits for Oman as a whole.

In conclusion, the establishment of the Ibri Innovation and Science Centre through the partnership between OQ Refineries and Petroleum Industries, PDO, and the Office of the Governor of Al Dhahirah is a significant step towards driving sustainable development and innovation in Oman. With a focus on supporting local collaboration, social responsibility, and community service, this initiative is poised to create new growth opportunities and partnerships within the country. By providing a hub for innovation and culture in Al Dhahirah Governorate, the centre will offer Omani youth the chance to enhance their skills and creativity in various fields, contributing to the overall development of the region. This strategic collaboration highlights the companies’ commitment to Oman Vision 2040 and sets a precedent for future public-private partnerships in driving sustainable development and innovation in the country.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
News Room July 9, 2024
Share this Article
Facebook Twitter Copy Link Print
Previous Article Bahrain Ranks as the Third Safest in the Gulf and 20th Safest Globally in 2024
Next Article Russian State Children’s Library and Children’s Public Library sign Letter of Cooperation
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3k Followers Like
69.1k Followers Follow
56.4k Followers Follow
136k Subscribers Subscribe
- Advertisement -
Ad imageAd image

Latest News

Al Meqbaali stars as UAE knock holders Algeria out on penalties
Sports December 13, 2025
Building Green: Rethinking construction for a low-energy Europe
World December 13, 2025
Etihad Airways carries 2.1 million passengers in November
Business December 13, 2025
Unconventional AI confirms its massive $475M seed round
Technology December 13, 2025

You Might also Like

Business

Etihad Airways carries 2.1 million passengers in November

December 13, 2025
Business

India’s retail inflation rises to 0.71% in November

December 13, 2025
Business

Dubai: Penthouse at Bugatti Residences by Binghatti sells for record Dh550 million

December 13, 2025
Business

Stock market gains for second day, Metal ends as top gainer

December 13, 2025
Business

New ADNOC credit card offers 15% return on fuel, transport spending

December 12, 2025
Business

Russian oil exports drop sharply in November as sanctions concerns weigh on buyers: IEA

December 12, 2025
Business

BEYOND Developments reveals a new vision for purposeful living on Dubai Islands with SIORA

December 12, 2025
Business

India-US trade negotiations progressing well, happiness of USTR “very much welcome”: Piyush Goyal

December 12, 2025
//

Gulf Press is your one-stop website for the latest news and updates about Arabian Gulf and the world, follow us now to get the news that matters to you.

Quick Link

  • Privacy Policy
  • Terms of ue
  • Advertise
  • Contact

How Topics

  • Gulf News
  • International
  • Business
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our latest news instantly!

I have read and agree to the terms & conditions
Gulf PressGulf Press
Follow US

© 2023 Gulf Press. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?