Qais al-Khonji and Fellow Entrepreneurial Influencers
It has only been in past hundred years or so that Oman has become a more contemporary nation in terms of education and economy. Prior to 1970, the nation maintained highly traditionalist society. There were no females allowed in the education systems, they had hardly any international relations with nearby countries, let alone those in different continents, and their communications network was subpar.
However, Oman has come a long way since these more traditionalist times. The country has reinvented itself; now boasting gender-equal classrooms, literacy rates at roughly 90%, a number of Universities sprinkled about, cutting edge airports and airlines, and a green infrastructure that has been cultivated to develop and support new entrepreneurial endeavors. The population of the nation as a whole is extremely young- 43% of Oman is made up of individuals aged 15 or younger. This young population makes for the possibility of a strong entrepreneurial revolution that could transform the Oman economy into a contender in the global marketplace.
Oman has cultivated an environment that is truly a conducive springboard for any entrepreneurial ventures. With its three crucial components of entrepreneurial success, which are fiscal freedom, labor freedom and trade freedom, there is a workplace mobility within Oman that sets it apart from nearby nations. The existence of lower-priced duties, a higher rate of profit-retention, and affordable non-monetary expenditures, like health benefits, make for an ideal platform for launching new, innovative business ventures.
The government and non-government groups have recognized the importance of new business and budding entrepreneurs in the facilitation of the economic growth of Oman, and have thus launched initiatives to spread awareness of entrepreneurial possibility and inspire creativity in the youth of Oman. Campaigns such as “I’m an Entrepreneur,” and “Shakarah Youth Fund,” are among some of the initiatives that target youths and aim to get them excited and thinking about the entrepreneurial possibilities that lay ahead of them.
To learn more about the entrepreneurial climate of Oman and Qais al-Khonji’s influence on the growth of the nation’s economy, check out this article.
Qais al-Khonji 