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Own space agency can help Oman tap new growth area, says expert.

by Times News Service Oman stands to benefit from establishing its own space agency, in collaboration with local education institutes and global partnerships with key space agencies, says Nader Sabry a UAE-based space technology entrepreneur. Photo-Supplied

Muscat: Oman needs to establish its own space agency, in collaboration with local educational institutes and global partnerships with key space agencies, a space technology expert said.

"In the past three years, with the establishment of the UAE Space Agency and Sheikh Mohammed bin Rashid Space Centre, new opportunities in the region have opened. Oman stands to benefit from this by establishing its own space agency, in collaboration with local education institutes and global partnerships with key space agencies. This will help Oman also diversify its sovereign investments into a new growth area that helps Oman benefit economically," said Nader Sabry, a space technology entrepreneur based in the UAE.

Sabry is CEO and Founder of TIMEZ5 Global Inc., a Canadian space technology company certified by NASA's Space Foundation and a GIES Innovation award winner from His Highness Sheikh Mohammed bin Rashid Al Maktoum of UAE.

TIMEZ5 is the world's first health and wellness Muslim lifestyle company delivering a physio-spiritual experience through innovative products.

Sabry is the sole innovation leader in a $2 trillion lifestyle market within the Islamic economy focused on using space technology for the health, wellness and lifestyle.

His landmark product is the TIMEZ5 physiological prayer mat introduced in 2012 after five years of research and sells in 35 countries including Oman.

He was former head of innovation and thought leadership at A.T. Kearney, previously advised governments and Fortune 1000 companies, and helped found several successful start-ups. He has raised more than $12 million in venture capital and co-created several high-growth companies.

He helped shape innovation as a published author, speaker, lecturer, and as the (former) chairmen of the Institute for Strategy Complexity Management forum.

As a University of Cambridge graduate, Sabry has attained his postgraduate education in business administration holding an MBA, BComm and business diploma. Canadian by birth to parents of Arab Muslim heritage, he is married and is a father to a very inquisitively adventurous son.

The world's first physiological prayer mat is very popular in Oman, said Nader Sabry. Regarding Oman's market, he said there are 5,690 registered users in Oman. "We have an annual increase of 38.97 per cent growth in the Oman market and have seen a surge in Omani demand in 2016 of 62.56 per cent ," he said.

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Publication:Times of Oman (Muscat, Oman)
Geographic Code:7OMAN
Date:Jun 26, 2016
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