Latest news with #HamoudalSaadi
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.
Observer
22-04-2025
- Business
- Observer
Oman and Libya enhance economic ties with high-level business forum
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. "There is considerable interest among Libyan businessmen who are eager to steer their investments into Oman. This interest is driven by the Sultanate's rapid growth and pressing demand across these priority sectors, making the Sultanate an increasingly attractive destination for foreign investment," he added. Abu Shumookh Projects Company Executive Director Mohammed Al Mahthouri also strongly supported the forum and its cause. "We always deal with the Oman Chamber of Commerce and Industry through these forums in order to look for business opportunities with foreign partners," he said. "Today, we are here for networking with Libyan investors who joined this forum. We aim at establishing strong relations and mutual business cooperation." The forum featured a business-to-business meeting round, panel discussions, and investment presentations where participants were able to talk about partnerships, policy frameworks, and find out more about Oman's evolving investment climate. The OCCI reaffirmed its commitment to offering an attractive climate for foreign investors by favorable legislation, streamlined procedures, and increased private sector participation. For Libya, the forum is a welcome opportunity to widen economic partners and become integrated into the growing Gulf market. For Oman, it reinforces its strategic direction of foreign investment as a mainstay of its Vision 2040 economic diversification strategy. As both countries turned towards the future, the Omani-Libyan Business Forum continues to stand as a testament to the growing potential of Arab economic cooperation, with promising outcomes guaranteed in the coming months. Caption: Oman and Libya sought to strengthen bilateral economic cooperation as business leaders met in Muscat to explore joint investment opportunities across key sectors
