Omani-Tanzanian business forum explores investment opportunities

Times of Oman

29-04-2025

Muscat- Oman Chamber of Commerce and Industry (OCCI) today organized the Omani-Tanzanian Business Forum to enhance economic cooperation and open new investment prospects for business owners in the Sultanate of Oman and the United Republic of Tanzania.
The event was held on the sidelines of a visit by a Tanzanian delegation led by Dr. Hashil Twibo Abdullah, Permanent Secretary of Trade and Industry in the United Republic of Tanzania.
The forum highlighted available investment opportunities in both countries, along with key incentives and benefits offered to investors, while also reviewing the economic environment.
It included a roundtable meeting with Omani business owners interested in investing in Tanzania, where both sides discussed prominent investment and trade opportunities, ways to strengthen joint cooperation, and the exchange of expertise. They also explored mechanisms to overcome potential challenges, contributing to building effective and fruitful partnerships and enhancing the presence of Omani investments in Tanzania's promising markets.
Dr. Hashil Twibo Abdullah emphasized that the delegation's visit to Oman included meetings with several public and private sector officials, as well as discussions on promoting investment in the Sultanate of Oman.
In a statement to journalists, he noted the abundance of investment opportunities in Tanzania, along with incentives and facilities, stressing the long-standing historical ties between the two countries.
On his turn, Eng. Hamoud Salim Al Saadi, Second Deputy Chairman of the OCCI Board of Directors and Chairman of the Chamber's South Al Batinah Branch, stated that the relations between Oman and Tanzania are deeply rooted in history, built on foundations of mutual trade and cultural cooperation.
He added that the forum focused on a range of vital and promising sectors that offer real opportunities for investment and shared growth, providing a fertile environment for strategic partnerships that enhance trade exchange and expand cooperation between the two countries.
Eng. Al Saadi affirmed that the roundtable meetings with Omani business owners were a key opportunity to open direct dialogue channels with the Tanzanian delegation, exploring joint cooperation and investment prospects. He urged leveraging such vital meetings for effective communication, idea exchange, and partnership exploration to strengthen Oman's economic presence in Tanzania's promising market.
The forum was attended by Fatima Mohammed Rajab, Ambassador of Tanzania to Oman, Said Al Ismaili, Head of the Omani side in the Omani-Tanzanian Business Council, and several Omani and Tanzanian business owners.