Finance, Insurance Forum discusses innovation, digital transformation, sustainability

The North Al Batinah Branch of the Oman Chamber of Commerce and Industry (OCCI) hosted the third edition of the Finance and Insurance Forum in Sohar this Monday. The event brought together industry leaders, financial experts, and government representatives to discuss the evolving landscape of the Sultanate's economic sectors.

According to the Times of Oman, the forum focused on the critical intersection of innovation, digital transformation, and long-term sustainability within the financial and insurance industries. Participants explored how emerging technologies are reshaping traditional banking models and the necessary steps for firms to integrate sustainable practices into their core operations to align with Oman's broader economic goals.

Discussions also highlighted the importance of regulatory frameworks in supporting digital growth while maintaining market stability. The OCCI emphasized that such platforms are essential for fostering collaboration between the private sector and financial institutions, ultimately aiming to enhance the competitiveness of the North Al Batinah region in the national economy.