22 April 2012
MUSCAT -- The 10th annual edition of the Business Week, organized by the Business Society, functioning under the College of Commerce & Economics at Sultan Qaboos University, was opened yesterday under the patronage of His Highness Sayyid Faisal bin Turki al Said, Chief Executive Officer of Brand Oman Management Unit.

This annual event is a platform where students apply their knowledge in business in practical and real life situations. The theme of this year's event is "Islamic Economics and Finance". Khulood al Zadjali, one of the organisers of the event said that the major activities of the Business Week are two exhibitions, the first one portraying the importance of applying Islamic values in the business world, and the other one a business simulation of pottery industry.

"The main idea is to provide solutions to the problems in the business world today by applying Islamic principles. Islamic values are applied in business ethics, marketing, management and other areas of business. Our exhibition will give a clear idea of how Islamic principles can be applied in running business in the modern era," Khulood said.

The second section portrays how different business departments such as marketing, finance, human resources, operations management, accounting, contributes to a business unit. Three workshops, led by human resources experts from business houses in Oman, on three topics are also held on the sidelines of the event.

The themes include "preparing curriculum vitae and appearing for interviews", "how to be self dependent" and "the role of the youth in economic activities".

Another highlight of the event is a competition to market the idea of "Zakat", one of the Five Pillars of Islam, in which the students will get back to the community to reinforce the importance of Zakat, the practice of giving of a fixed portion of one's wealth to charity, to the poor and needy.

A student conference is also held on the sidelines of the Business Week. Students will present their research papers during the event and those will be evaluated by experts from the business world in Oman.

Dr Yousef bin Salim al-Hina'ei, Assistant Dean of Training and Serving the Society at the College of Commerce and Economics said the event comes to avail a practical environment for the theories being taught at the college.

260 students from Commerce and Economics College took part in organising this activity.

© Oman Daily Observer 2012