Latest news with #OmanChamberof
Muscat Daily
02-06-2025
- Business
- Muscat Daily
Omani businesses expand franchise footprint in Iraq
Muscat – Six Omani brands signed franchise and marketing agreements in Iraq during the second edition of Iraq Franchise Exhibition held in Baghdad from May 30 to June 2. The Omani delegation was led by Hamoud bin Salem al Saadi, Second Deputy Chairman of Oman Chamber of Commerce and Industry (OCCI) and Chairman of its Franchise Programme. The participation was supported by OCCI through its Franchise Centre. Among the deals signed, Brothers of Silver, owned by Mohammed Qasim al Maamari, granted a franchise to Ibrahim Abdulhussein Yassin in Karbala. Seven Fries, owned by Issa bin Salih al Aghbari, signed with Mohammed Yawuz Mohammed in Kirkuk. Impasti, owned by Hajid bin Sulaiman al Khinjari, granted a franchise to Moamen Mohammed Al Khiayat in Mosul. Burger Gelato, owned by Haitham bin Saif al Habsi, signed two agreements – one with Saeed Tareq al Tai in Mosul and the other with Laith Sahib in Najaf. Thor & Forno, owned by Ammar bin Mahmood al Dhahli, signed with Abdulghafour al Abdali in Baghdad. Additionally, Abdullah bin Hamuod al Mahrouqi, owner of Chain, signed a marketing agreement in Oman for Iraqi brand Pizza Station with Samer al Hassami. Saadi said the agreements reflect continued efforts to expand Omani brands into regional markets, with Iraq seen as a promising destination. 'We are proud of what our brands have achieved and their readiness to grow regionally in line with international franchise standards.' He added that the expansion aligns with OCCI and its Franchise Centre's strategy to empower entrepreneurs, promote investment and facilitate market access. 'These agreements reflect increasing confidence in the quality of Omani products,' he said, affirming continued support for the franchise programme as part of national efforts to strengthen the economy and support the goals of Oman Vision 2040.
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
Muscat Daily
19-05-2025
- Business
- Muscat Daily
Oman, Japan explore deeper trade ties at Tokyo forum
Muscat – Senior officials and business leaders from Oman and Japan met in Tokyo on Monday to strengthen trade and investment ties, as the Omani-Japanese Investment Forum sought to unlock new areas of economic collaboration. The forum coincided with the official visit of a delegation from the Oman Chamber of Commerce and Industry (OCCI), led by Rashid bin Amer al Musalhi, First Vice Chairman of the OCCI. The delegation also included representatives from the Ministry of Commerce, Industry and Investment Promotion, the Ministry of Health, and their Japanese counterparts. In his address to the forum, Musalhi highlighted the strategic importance of the event in deepening commercial cooperation. 'The Omani-Japanese partnership has seen significant growth over more than five decades,' he said. 'This growth reflects the depth and strength of our bilateral ties.' According to Musalhi, trade between the two countries grew by 7% in 2024 compared to the previous year. Oman's key exports to Japan include crude oil, natural gas, aluminium, and fishery products such as squid, tuna, and vegetables like green beans. In return, Oman imports automobiles, machinery, electrical equipment and vehicle spare parts from Japan. The visit aimed to support Oman's private sector by identifying investment opportunities in areas such as information technology, renewable energy, the circular economy, transportation and logistics and advanced manufacturing. Musalhi reaffirmed the chamber's commitment to promoting economic links and encouraging Japanese investment in Oman. The forum also highlighted potential cooperation in healthcare, food security, tourism, and both renewable and conventional energy. Presentations showcased Oman's investment climate, outlining incentives for foreign investors and ongoing national projects, with a special focus on the health sector. The discussions reflected a broader effort to attract Japanese interest in Oman's evolving economic landscape, as the sultanate seeks to deepen its global trade relationships.
Observer
15-05-2025
- Business
- Observer
Investment opportunities in Dhofar real estate sector
Acting in cooperation with the Ministry of Housing and Urban Planning, Dhofar branch of Oman Chamber of Commerce and Industry (OCCI) organised a workshop to showcase real estate projects and promising investment opportunities in the Governorate of Dhofar. The workshop, titled "First Real Estate Tour", included a visual presentation about the Sultan Haitham City, in addition to 5 working papers about the Real Estate Services Development Centre, integrated residential neighbourhoods "Surouh" and usufruct services provided by the 'Tatweer' platform. The papers also elaborated on real estate development in the Sultanate of Oman, right from the stage of construction to the stage of innovation. They also underlined the importance of training in the field of real estate. The workshop discussed the challenges posed to the development of the real estate development sector in the Sultanate of Oman, in addition to possible solutions that can be applied in cooperation with relevant authorities in the public and private sectors. - ONA
Observer
15-05-2025
- Business
- Observer
OCCI opens trade office in Washington to boost bilateral business ties
The Oman Chamber of Commerce and Industry (OCCI) inaugurated the Oman Trade Office in the United States (OTOUS) during a ceremony held at the Sultan Qaboos Cultural Center in Washington, D.C. The event was held under the patronage of Talal bin Sulaiman al Rahbi, Ambassador of the Sultanate of Oman to the United States, and attended by Sheikh Saud bin Ahmad al Nahari, OCCI Board Member and Head of the Chamber's delegation, along with several OCCI officials and representatives from both the Omani and American public and private sectors. The establishment of OTOUS marks a significant step towards strengthening economic and trade relations between Oman and the U.S. The office aims to support the export of Omani products to the American market, promote the import of high-quality U.S. goods, attract American investments to Oman, and facilitate the expansion of Omani businesses into the U.S. OTOUS will also play a vital role in coordinating trade delegations, organising business meetings, and offering guidance on maximizing the benefits of the Oman-U.S. Free Trade Agreement. In addition, the office will provide economic reports to support decision-making in export development and mutual investments.
