Latest news with #AlSaadi
Observer
25-05-2025
- Business
- Observer
Omani brands seek growth at Iraqi franchise expo
MUSCAT: The Oman Chamber of Commerce and Industry (OCCI), through its Commercial Franchise Centre, is set to participate in the second Iraqi Franchise Exhibition, beginning on Wednesday, May 28, in Iraq. Leading the Omani delegation is Eng Hamoud bin Salem al Saadi, Second Deputy Chairman of OCCI and Chairman of the Franchise Centre Committee. The participation aligns with the Chamber's strategic goals of expanding Omani business presence in regional and international markets — particularly in the fast-growing franchise sector in Iraq. More than 15 prominent Omani brands will be showcased at the exhibition, exploring franchise opportunities and potential entry into the Iraqi market. Al Saadi emphasised that the initiative supports Oman Vision 2040 by promoting economic diversification, foreign investment and the global expansion of Omani SMEs. He also highlighted the importance of registering Omani trademarks internationally to protect intellectual property and build investor confidence. The Iraqi Franchise Exhibition serves as a key platform connecting entrepreneurs, investors and franchise firms with international partners. It offers participants direct engagement with visitors, enhancing brand visibility and helping expand market reach. One standout participant is Seven Fries, Oman's first specialty French fries brand, which is set to open two new branches in Iraq — one in Baghdad and another in Erbil — as part of its international franchise rollout. — ONA
Iraq Business
12-05-2025
- Business
- Iraq Business
IBBC appoints Mohammed Al Saadi of Sama Hammurabi Law as Iraq Members' Rep
From the Iraq Britain Business Council (IBBC): IBBC appoints Mr Mohammed Al Saadi of Sama Hammurabi Law as Iraq members' representative. The appointment of Mr Al Saadi as IBBC's Iraqi representative is an important role for IBBC. As the link between members and management and as the main contact in Iraq he will speak to Government on IBBC's behalf. This honorary role was originally created for Rasmi Al Jabri and has remained vacant for a while. In an interview Mr Al Saadi expresses the following insights : 'The Iraq Britain Business Council (IBBC) is an important economic platform that supports economic growth in Iraq, through the participation of reputable companies with strong track records across diverse sectors. As a legal firm and a member of the Council, we intend to establish solid foundations for cooperation and strengthen relationships between IBBC-supported companies and Iraqi government entities and institutions in need of their services. We also aim to provide legal cover for these companies, advocate for their interests, and convey the perspectives and needs of Iraqi member companies to the Council-representing them in line with their economic and technical requirements across various fields. Hammurabi Law has achieved numerous milestones in the legal field. We were the first legal firm established in Iraq in this domain, and we have represented many IBBC members both before and after joining the Council. We hold the highest number of cases before the Federal Supreme Court in Iraq-over 580-without a competitor, as the second highest holds no more than 60 cases. We also have over 5,000 general powers of attorney across various fields and over 7,000 criminal-specific cases. Our firm has received multiple awards and formal letters of appreciation, including from the Iraqi Parliament-being the first lawyer to receive such an honour, and only the second Iraqi lawyer ever to be recognized by this body. We've also been honoured by various official entities, unions, institutions, and civil society organizations. Our firm holds the record for the most legal precedents issued by courts-again, with no rival. I would be happy to share our full biography upon request. It is our deep desire to serve our country, Iraq, by facilitating the contribution of high-quality, world-class companies to its development. We firmly believe in IBBC's great potential to contribute to Iraq's economic growth. Iraq and the United Kingdom also share a rich historical relationship built on mutual respect. This mission is not easy-especially at the outset-given the great loss of my dear friend and brother, the late Muhannad Al-Hattab. I am determined to do my utmost to maintain the Council's standing and operational strength during this interim period. Iraq and the United Kingdom share a long and honourable history of positive relations. The UK played a key role in laying the foundation for the modern Iraqi state during the monarchy, elevating Iraq's regional stature. We hope that, through renewed cooperation, we can revive the spirit of that era. The IBBC is the key to opening many closed doors and enabling that cooperation to flourish. We have high hopes for renewed cooperation between Iraq and the UK. The IBBC serves as a vital bridge for building these relations in a way that benefits Iraq's growth and development.' Christophe Michels, Managing Director of the IBBC, said: "I am delighted that Mohammed Al Saadi of Sama Hammurabi Law has accepted the position. In the last 18-months Mohammed has played an increasingly prominent role within IBBC both in Iraq and in the UK, which included informal support to many members, sponsorship of events and advocacy on behalf of the council. This important honorary appointment will allow Mohammed to play a more prominent role within IBBC events and to formally engage on the Council's behalf with Government and other stakeholders." (Source: IBBC)
Observer
07-05-2025
- Business
- Observer
Workshop addresses private sector challenges in GCC Common Market
MUSCAT, MAY 7 The Oman Chamber of Commerce and Industry (OCCI), in collaboration with the Federation of GCC Chambers, held a workshop on May 7, 2025 to address the issues facing the Gulf private sector in the GCC Common Market context. Held at the Chamber's headquarters in Muscat, the forum brought together policymakers and business leaders to discuss key issues hindering intra-GCC trade, including cumbersome laws, customs procedures, logistics challenges, and poor access to funding for cross-border investment. Participants debated concrete measures to increase regional trade and make Gulf enterprises more competitive. The workshop also reviewed current incentives and introduced requirements needed to spur private sector development and integration. Zakaria bin Abdullah al Saadi, CEO of the Oman Chamber of Commerce and Industry, emphasized the importance of strengthening Gulf private sector cooperation in his opening remarks at a recent workshop. He emphasized the need to overcome underlying issues in trade law, financing, and investment and push for more intense economic integration within GCC nations. Al Saadi noted the Gulf Common Market is a keystone achievement and called for concrete solutions to boost its efficiency and shape regional trade goals. GCC expert Sulaiman al Balushi described the workshop as being a vital arena for GCC businessmen to air issues and provide down-to-earth suggestions. He further stated that actual discussion with policymakers is needed in order to establish real change and strengthen the area's private sector. Entrepreneur Muntaha Majid said, "Such workshops allow businesspeople to raise awareness about intra-GCC trade issues. More importantly, she added, they offer a chance to meet decision-makers and exchange views on establishing the Gulf Common Market for the benefit of the private sector and enhancing regional economic integration." Noura al Salem, Federation of GCC Chambers Senior Director of Corporate Relations and Communications, introduced the Federation's role in empowering the private sector. She stated its work in GCC initiatives, including cooperation with the GCC Secretariat, the Gulf Common Market, the Customs Union, and collaborative policy-making activities. Al-Salem also instituted the Tawasul programme—a platform focused on consolidating direct dialogue among the private and public sectors within the Gulf region. The initiative is intended to highlight opportunities in investment, consolidate economic integration, as well as resolve trade and investment challenges. Oman Chamber's Mohammed al Gharbi reported Oman's trends of trade with GCC countries based on sustained growth grounded in economic integration, upgraded logistics, and moves to improve regional business conditions. The workshop emphasized the paramount importance of joint dialogue in addressing Gulf issues and supporting the economic growth contribution of the Gulf private sector.
Zawya
25-04-2025
- Business
- Zawya
Oman and Libya enhance economic ties
MUSCAT: As part of efforts to promote bilateral economic relations, the Oman Chamber of Commerce and Industry (OCCI) hosted a high-level Libyan business delegation within the framework of the Omani-Libyan Business Forum that began in Muscat on Tuesday. The forum was attended by delegates from seventeen Libyan companies, with the aim of exploring possibilities of cooperation and mutual investment in a range of vital sectors. Hamoud al Saadi, Second Vice-Chairman of the OCCI Board of Directors, received the delegation and pointed out the forum's role in developing cross-border commercial relations. 'We are pleased to host a delegation of Libyan businessmen in the context of developing bilateral investment relations,' Al Saadi stated. 'Seventeen Libyan companies are participating in the forum, which is being co-organised by the Oman Chamber of Commerce and Industry and Libyan counterparts.' He noted that the forum is showcasing a number of high-potential sectors like food security, infrastructure, medical industries, renewable energy, technology and healthcare services — all of which are Oman's national priorities and of high interest to Libyan investors. Issa al Bahlani, Member of the Labour Market Committee at OCCI and Representative of Sarooj Construction Company stressed the strategic significance of such forums. 'The importance of these events cannot be overstated,' he said. 'They attract international investors who seek promising opportunities in the Sultanate of Oman,' Al Bahlani spoke about how Oman has presented a wide range of opportunities for Libyan companies to invest in, specifically in food, healthcare, and construction. 2022 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (
Observer
24-04-2025
- Business
- Observer
Oman and Libya enhance economic ties
MUSCAT, APRIL 24 As part of efforts to promote bilateral economic relations, the Oman Chamber of Commerce and Industry (OCCI) hosted a high-level Libyan business delegation within the framework of the Omani-Libyan Business Forum that began in Muscat on Tuesday. The forum was attended by delegates from seventeen Libyan companies, with the aim of exploring possibilities of cooperation and mutual investment in a range of vital sectors. Hamoud al Saadi, Second Vice-Chairman of the OCCI Board of Directors, received the delegation and pointed out the forum's role in developing cross-border commercial relations. 'We are pleased to host a delegation of Libyan businessmen in the context of developing bilateral investment relations,' Al Saadi stated. 'Seventeen Libyan companies are participating in the forum, which is being co-organised by the Oman Chamber of Commerce and Industry and Libyan counterparts.' He noted that the forum is showcasing a number of high-potential sectors like food security, infrastructure, medical industries, renewable energy, technology and healthcare services — all of which are Oman's national priorities and of high interest to Libyan investors. Issa al Bahlani, Member of the Labour Market Committee at OCCI and Representative of Sarooj Construction Company stressed the strategic significance of such forums. 'The importance of these events cannot be overstated,' he said. 'They attract international investors who seek promising opportunities in the Sultanate of Oman,' Al Bahlani spoke about how Oman has presented a wide range of opportunities for Libyan companies to invest in, specifically in food, healthcare, and construction.
