OCCI to host Ramadan evenings on key issues
By OUR CORRESPONDENT
Muscat – Oman Chamber of Commerce and Industry (OCCI) will organise four Ramadan evenings during the holy month focused on economic challenges and opportunities for the business community in the sultanate. The discussions will bring together officials, experts and decision-makers to address key issues affecting the private sector.
The first session on March 10 will explore the significance of Expo Japan 2025 for Oman's private sector. It will highlight the objectives of the sultanate's pavilion, planned economic events and programmes, and the role of private sector participation in international expos.
On March 12, the second session will address labour market regulations and employment, including the private sector's role in job creation and banking challenges faced by both employers and workers.
The third session, scheduled for March 17, will examine the impact of taxation on economic development.
The final session, on March 19, will focus on the economic importance of local content. The discussion will introduce the national strategy for developing local content and its role in supporting SMEs and contributing to the national economy.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Observer
03-06-2025
- Observer
Oman, Bahrain explore strengthening ties
MUSCAT: Faisal bin Abdullah al Rawas, Chairman of Oman Chamber of Commerce and Industry (OCCI), on Tuesday received Abdulla Adel Fakhro, Minister of Industry and Commerce of the Kingdom of Bahrain. The two sides discussed ways to enhance trade and investment cooperation between Oman and Bahrain, expanding opportunities for private sector partnerships in both countries through joint ventures and knowledge exchange, contributing to bilateral relations and economic integration. The meeting also reviewed opportunities in key economic sectors of mutual interest and explored mechanisms to activate the private sector's role in establishing joint projects that support economic development in both nations. Al Rawas emphasised the significant progress in economic relations between Oman and Bahrain, expressing hope that this meeting would lead to further initiatives boosting trade and investment cooperation while opening new avenues for business owners in promising economic sectors. He highlighted the private sector's pivotal role in driving future cooperation through strategic partnerships and high-quality projects that align with both countries' development visions — "Oman Vision 2040" and "Bahrain 2030" — while praising the efforts of the Oman-Bahrain Investment Company and the Oman-Bahrain Friendship Society in strengthening bilateral ties. The meeting was attended by several OCCI board members, executive officials and representatives from both sides. - ONA
Muscat Daily
03-06-2025
- Muscat Daily
Good news expected soon on India-Oman FTA: Minister
Muscat – India and Oman are close to finalising a Free Trade Agreement (FTA), with some 'good news' expected very soon regarding the signing of the deal, according to India's Minister of Commerce and Industry, Piyush Goyal. As reported by several Indian media outlets on Monday, Goyal stated that negotiations between India and Oman on the proposed free trade agreement are progressing towards a conclusion. The talks gained renewed momentum following Goyal's visit to Muscat in January this year. The negotiations for the agreement, officially known as the Comprehensive Economic Partnership Agreement (CEPA), formally commenced in November 2023. 'I think you will see some good news very soon on the Oman FTA,' Goyal told reporters during his official visit to France, when asked whether the agreement could be concluded this year, according to PTI. Goyal was in France to hold discussions with French leaders and businesses aimed at enhancing trade and investment ties. He was also scheduled to attend a mini-ministerial meeting of the World Trade Organization (WTO) on Tuesday. Oman is India's third-largest export destination among the GCC countries. India already has a similar agreement in place with another GCC member, the United Arab Emirates, which came into effect in May 2022. India's key imports from Oman include petroleum products and urea, which together account for over 70% of total imports. Other significant imports from Oman comprise polymers of propylene and ethylene, petcoke, gypsum, chemicals, and iron and steel. Speaking about such FTAs, Goyal remarked that these agreements not only promote trade in goods and services, but also strengthen supply chains and instill confidence among businesses on both sides through stable policies and predictability, according to the PTI report. 'So, in a way, it's a big message when you conclude an FTA,' he added.
Times of Oman
03-06-2025
- Times of Oman
Oman, Bahrain explore strengthening trade and investment cooperation
Muscat: Faisal Abdullah Al Rowas, Chairman of the Board of Directors of Oman Chamber of Commerce and Industry (OCCI), on Tuesday received Abdulla Adel Fakhro, Minister of Industry and Commerce of the Kingdom of Bahrain. The two sides discussed ways to enhance trade and investment cooperation between Oman and Bahrain, expanding opportunities for private sector partnerships in both countries through joint ventures and knowledge exchange, contributing to bilateral relations and economic integration. The meeting also reviewed opportunities in key economic sectors of mutual interest and explored mechanisms to activate the private sector's role in establishing joint projects that support economic development in both nations. Al Rowas emphasised the significant progress in economic relations between Oman and Bahrain, expressing hope that this meeting would lead to further initiatives boosting trade and investment cooperation while opening new avenues for business owners in promising economic sectors. He highlighted the private sector's pivotal role in driving future cooperation through strategic partnerships and high-quality projects that align with both countries' development visions—"Oman Vision 2040" and "Bahrain 2030"—while praising the efforts of the Oman-Bahrain Investment Company and the Oman-Bahrain Friendship Society in strengthening bilateral ties. The meeting was attended by several OCCI board members, executive officials, and representatives from both sides.
