Muscat: Thirteenth Business Week, organised by the Business Society, a student group at the College of Economics and Political Science at the Sultan Qaboos University (SQU) commenced yesterday.
The theme of the annual event for this year is Environmental Economics. The opening ceremony of the event was held under the patronage of Dr. Abdul Monem bin Mansour Al Hassani, Minister of Information, in the presence of Dr. Ali bin Saud Al Bimani, the vice chancellor of SQU, and a number of academicians and students from the college.
Speaking on the occasion, Dr. Saeed Mubarak Al Muharrami, dean of the College of Economics and Political Science, said he is proud of the students, who chose environmental economics as the theme of this year’s business week activities.
“The activities focus on recycling of used products, green energy, pollution control and related topics in environmental economics. It is good to see some interesting student projects and activities throwing light on this field of economics, which seeks to study the relationship between the economy and the environment. The goal is to balance the economic activity and the environmental impact by taking into account all costs and benefits. The examples of recycling of waste products and manufacturing new materials will help protect the environment and save costs at the same time. Recycling of used materials also saves energy and costs. This helps to lead both the economy and nature towards sustainability,” he observed.
Speaking on behalf of the student society, Adnan Qais Al Kindi, a student, stressed on optimal exploitation and sustainable extraction of natural resources to protect the environment and save costs. He called upon the society to apply the principles of environmental economics and sustainable models on all aspects of life in order to save the planet and the environment and create a socially responsible and viable economy.
The Business Week will feature an exhibition of the products and services offered by many small and medium enterprises in the Sultanate. A poster making session about student projects on green and renewable energy and eco-friendly products will also be held. This includes a project that showcases the production of biofuel and organic fertilizers from food waste.
Several activities, such as a quiz competition, a chess competition, lectures on green energy, a horse show and a drone show will be held on the sidelines of the event, which will last until February 17.