Strategic MoC to support innovation and sustainable energy signed

Strategic MoC to support innovation and sustainable energy signed

Muscat: The Research and Innovation Authority and OQ, the global energy investment group, signed a strategic memorandum of cooperation (MoC) aimed at activating research partnership, exchanging knowledge, and developing advanced technologies.The agreement was signed on behalf of the Research and Innovation Authority by Dr. Saif Abdullah Al Haddabi, Chairman of the Authority, and on behalf of OQ Global Energy Investment Group by Azzan Mohammed Al Abdullatif, Chief Executive Officer for Business Development at OQ. The memorandum aims to integrate national research capabilities with the needs of the industrial sector and transform promising research outcomes into practical solutions and applications with economic added value, in a manner that supports sustainable development pathways.The memorandum of cooperation includes a package of strategic pathways encompassing the establishment and activation of the National Center for Research and Development in Water Fields, exchanging knowledge, data, and research outcomes, alongside empowering national cadres and transferring knowledge through joint innovation programs such as business incubators and accelerators of OQ Group and the "EJAAD" platform to support industrial and research challenges, in addition to developing future research projects in the fields of alternative energy, biodiesel, and genetic resources, supporting capacity-building programmes and international participation for students and researchers, and connecting national innovation centers with science and innovation initiatives and centres belonging to OQ Group.

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