{"id":4205,"date":"2025-09-07T15:19:00","date_gmt":"2025-09-07T11:19:00","guid":{"rendered":"https:\/\/omanet.om\/en\/news\/business\/exploring-circularity-at-duqm-now\/"},"modified":"2025-09-08T06:25:28","modified_gmt":"2025-09-08T02:25:28","slug":"exploring-circularity-at-duqm-now","status":"publish","type":"post","link":"https:\/\/omanet.om\/en\/news\/business\/exploring-circularity-at-duqm-now\/","title":{"rendered":"Exploring Circular Economy Strategies: Key Insights from &#8216;Duqm Now&#8217; Session on Sept 17 and Their Impact on Oman&#8217;s Business Landscape"},"content":{"rendered":"<style>\r\n@keyframes hitv3sog-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes 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.15s}\r\n.hitv3sogbtn:hover{filter:brightness(1.15);transform:scale(1.04)}\r\n.hitv3sogbr{font-size:9px;color:rgba(255,255,255,.18);text-align:center;margin-top:5px;letter-spacing:.1em;text-transform:uppercase}\r\n\/* \u2500\u2500 Compact horizontal: 380\u2013599px (like 320\u00d7100) \u2500\u2500 *\/\r\n@container (min-width:380px) and (max-width:599px){\r\n  .hitv3soga{padding:12px 22px;gap:12px;min-height:100px}\r\n  .hitv3sogh{font-size:16px}\r\n  .hitv3sogs{display:none}\r\n  .hitv3sogbtn{padding:7px 16px;font-size:11px}\r\n}\r\n\/* \u2500\u2500 Mobile\/card: < 380px (like 300\u00d7250) \u2500\u2500 *\/\r\n@container (max-width:379px){\r\n  .hitv3soga{flex-direction:column;align-items:center;justify-content:space-between;min-height:260px;padding:22px 22px;gap:10px}\r\n  .hitv3sogc{align-items:center;text-align:center}\r\n  .hitv3sogh{font-size:22px;white-space:normal}\r\n  .hitv3sogs{font-size:11px;white-space:normal}\r\n  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solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitv3sog-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">EXCLUSIVE OMAN OFFER<\/span><\/div>\r\n    <div class=\"hitv3sogh\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.15s;\">Websites For <span style=\"color:#dc2626;\">Omani Businesses.<\/span><\/div>\r\n    <div class=\"hitv3sogs\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.3s;\">Empower your brand with custom digital solutions designed for high conversion and market dominance.<\/div>\r\n    <div class=\"hitv3sogbl\"><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Responsive designs built for growth<\/span><\/div><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Fast loading with smart automation<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitv3sogct\">\r\n    <button class=\"hitv3sogbtn\" style=\"animation:hitv3sog-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">Build Your Free Website <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitv3sogbr\">hit.land<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div>\n<p><\/p>\n<p><strong>AL DUQM, SEPTEMBER 7<\/strong> \u2014 Business leaders frequently discuss the importance of identifying emerging trends, and the circular economy may be one of the most significant developments yet. Unlike many fleeting trends, it is driven by an urgent need to reconsider how we utilize the planet\u2019s resources. Advocates highlight not only the <strong>environmental imperative<\/strong> but also the <strong>economic potential<\/strong>. According to the World Economic Forum, adopting circular models could yield benefits totaling $4.5 trillion by 2030. Meanwhile, the Ellen MacArthur Foundation reports that public equity funds dedicated to circular practices have increased more than twenty-fold since 2019. The critical question remains: Can companies, policymakers, and investors adapt quickly enough?<\/p>\n<p>This question will be explored during the upcoming Duqm Now discussion on Wednesday, September 17, 2025, at 7:30 PM at the Crowne Plaza Hotel Duqm. The panel features Hussain al Lawati, CEO of the Development Bank; Dr. Aisha al Sarihi, Environment Advisor at the Ministry of Economy; and Dr. Mohab al Hinai, VP of Sustainability &amp; Circular Economy at be\u2019ah. The session will be moderated by Talal al Shahri, Director of Specialised Radio Stations at the Ministry of Information and will cover topics ranging from finance and policy to strategic implementation.<\/p>\n<p>The discussion is timely, as global circularity has declined from 9.1% in 2018 to just 7.2% in 2024, according to Circle Economy&#8217;s latest report. E-waste continues to rise, with 62 million tonnes generated in 2022 and projections of 82 million tonnes by 2030; however, only 22% of this waste is properly collected, and scarce recycling efforts meet less than 1% of the demand for rare earth materials. This situation poses not only an <strong>environmental challenge<\/strong> but also a <strong>significant economic risk<\/strong>. Omani companies that rely on the traditional \u2018take-make-dispose\u2019 model are vulnerable to fluctuating commodity prices\u2014such as lithium and nickel\u2014and an unstable logistics landscape, a reality exacerbated by tariffs implemented during President Trump\u2019s tenure, which continue to impact global trade. In contrast, businesses focused on reuse and recovery are already enhancing their resilience and discovering new growth avenues.<\/p>\n<p>The choice of Al Duqm as a focal point is intentional. Oman\u2019s goal of achieving net-zero emissions by 2050 is more than a declaration; it is now a guiding principle, with the Oman Net-Zero Centre spearheading national initiatives. Central to Al Duqm\u2019s growth efforts, SEZAD and the Port of Duqm have established integrated infrastructure\u2014from utilities to logistics\u2014promoting <strong>industrial symbiosis<\/strong> where businesses transform each other\u2019s outputs into inputs, thereby minimizing waste and enhancing efficiency.<\/p>\n<p>Eng Ahmed Akaak, CEO of SEZAD, views circularity as essential to commercial viability. \u201cOur manufacturers are exporting to some of the most demanding markets worldwide,\u201d he noted in anticipation of the event. \u201cThe EU is rapidly implementing sustainability frameworks, including digital product passports and carbon border adjustments. To remain competitive, Al Duqm\u2019s industrial sector must align with these changes. Circularity is no longer a fringe issue; it is crucial for export success.\u201d<\/p>\n<p>This competitive advantage is significant. In Europe, the bioeconomy contributes approximately $1.6 trillion in value, accounting for about 11% of GDP. The takeaway is that when approached earnestly, circularity can serve as a <strong>catalyst for growth<\/strong> rather than a compliance hurdle. Al Duqm\u2019s challenge lies in determining whether financial support can bolster circular initiatives, how effectively policymakers can expedite adoption, and to what extent business leaders can innovate their operations to minimize waste and enhance profitability.<\/p>\n<p>For the circular economy to advance beyond mere rhetoric, it is imperative that regions like Al Duqm find effective ways to implement it. The potential exists, but the challenge lies in capitalizing on it before ingrained linear practices and outdated systems become entrenched.<\/p>\n<p><style>\r\n@keyframes hitl8gak-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes hitl8gak-shimmer{0%,100%{opacity:0.3;transform:scaleX(0.4)}50%{opacity:1;transform:scaleX(1)}}\r\n@keyframes hitl8gak-glow{0%,100%{opacity:0.6}50%{opacity:1}}\r\n@keyframes hitl8gak-badge{from{opacity:0;transform:scale(0.8)}to{opacity:1;transform:scale(1)}}\r\n<\/style><style>\r\n.hitl8gakw{container-type:inline-size;width:100%;max-width:970px;margin:0 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solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitl8gak-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">EXCLUSIVE OFFER<\/span><\/div>\r\n    <div class=\"hitl8gakh\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.15s;\">Your Website <span style=\"color:#dc2626;\">Should Sell.<\/span><\/div>\r\n    <div class=\"hitl8gaks\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.3s;\">Custom-built websites with smart automation & AI-powered features.<\/div>\r\n    <div class=\"hitl8gakbl\"><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>SEO-optimized & lightning fast<\/span><\/div><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Smart features built for your business<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitl8gakct\">\r\n    <button class=\"hitl8gakbtn\" style=\"animation:hitl8gak-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">Get Free Consultation <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitl8gakbr\">hit.land<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div><br \/>\n<\/p>\n<p><strong>Special Analysis by Omanet | Navigate Oman&#8217;s Market<\/strong><\/p>\n<p>The <strong>circular economy presents a pivotal opportunity<\/strong> for Omani businesses to innovate and enhance resilience against market volatility, particularly in sectors reliant on fluctuating commodity prices. <strong>Investors and entrepreneurs must prioritize sustainable practices<\/strong> to align with global trends, tapping into a projected $4.5 trillion market by 2030 while avoiding the economic risks tied to traditional linear supply chains. Activating integrated infrastructures, like those in Al Duqm, could be a game-changer, allowing Omani companies to <strong>compete effectively in demanding markets<\/strong> by embracing circularity as a core business strategy.<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The circular economy may present a vital opportunity, rooted in the urgent need to rethink resource use. With potential benefits of $4.5 trillion by 2030, the upcoming discussion in Al Duqm will explore finance, policy, and strategy surrounding this essential shift.<\/p>\n","protected":false},"author":2,"featured_media":4206,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[114],"tags":[1565,445,400],"class_list":["post-4205","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-al-duqm","tag-circular-economy","tag-sustainability"],"jetpack_featured_media_url":"https:\/\/omanet.om\/wp-content\/uploads\/2025\/09\/3121315.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/4205","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/comments?post=4205"}],"version-history":[{"count":1,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/4205\/revisions"}],"predecessor-version":[{"id":4207,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/4205\/revisions\/4207"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media\/4206"}],"wp:attachment":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media?parent=4205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/categories?post=4205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/tags?post=4205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}