Latest news with #Omani-LibyanBusinessForum
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.
Zawya
24-04-2025
- Business
- Zawya
Omani-Libyan forum seeks to deepen trade, investment ties
Muscat – Oman Chamber of Commerce and Industry (OCCI) hosted the Omani-Libyan Business Forum in Muscat on Tuesday with the aim of strengthening trade and economic cooperation between the two countries. The event brought together investors, exporters, importers and representatives from various sectors including food security, construction, medical equipment, power generation, information technology, oil services, training and media. The forum is aligned with the objectives of Oman Vision 2040, which prioritises economic diversification and international partnership development. The forum was attended by Hamoud bin Salem al Saadi, Second Deputy Chairman of OCCI Board of Directors and Chairman of its South Batinah Branch; Al Arif al Qajiji, Vice Chairman of Libyan Business Owners Council; and several OCCI members and business leaders. Saadi said the forum reflects the strong bilateral relations between Oman and Libya and their shared commitment to expanding trade and investment ties. 'The forum embodies the depth of the fraternal relations between Oman and Libya, and reflects our shared commitment to advancing economic and trade cooperation between the public and private sectors in both countries,' he said. 'It offers a strategic platform to expand trade and investment partnerships across vital sectors that drive mutual growth and enhance our economic competitiveness.' He added that OCCI is committed to creating a supportive environment for exchanging expertise and exploring investment opportunities. 'We hope this forum will lead to agreements and partnerships that serve the common interests of both nations and contribute to their economic development.' OCCI member Mohammed bin Ali al Gharbi delivered a presentation titled 'Explore the Omani Market' in which he highlighted Oman's stable economic indicators and favourable investment climate. He pointed to the country's strategic location, steady GDP performance and consistent inflow of foreign direct investment as key advantages. He also outlined Oman's main exports, including petroleum pro-ducts, liquefied natural gas, minerals, fish and petrochemicals. Gharbi said the chamber's focus remains on improving the business environment, supporting diversification and encouraging development across all governorates in line with national development goals. The forum concluded with bilateral meetings between Omani and Libyan business leaders, where participants discussed joint ventures and shared knowledge on high-potential sectors. It is expected to pave the way for closer trade ties and collaborative investments. © Apex Press and Publishing Provided by SyndiGate Media Inc. (
Muscat Daily
23-04-2025
- Business
- Muscat Daily
Omani-Libyan forum seeks to deepen trade, investment ties
Muscat – Oman Chamber of Commerce and Industry (OCCI) hosted the Omani-Libyan Business Forum in Muscat on Tuesday with the aim of strengthening trade and economic cooperation between the two countries. The event brought together investors, exporters, importers and representatives from various sectors including food security, construction, medical equipment, power generation, information technology, oil services, training and media. The forum is aligned with the objectives of Oman Vision 2040, which prioritises economic diversification and international partnership development. The forum was attended by Hamoud bin Salem al Saadi, Second Deputy Chairman of OCCI Board of Directors and Chairman of its South Batinah Branch; Al Arif al Qajiji, Vice Chairman of Libyan Business Owners Council; and several OCCI members and business leaders. Saadi said the forum reflects the strong bilateral relations between Oman and Libya and their shared commitment to expanding trade and investment ties. 'The forum embodies the depth of the fraternal relations between Oman and Libya, and reflects our shared commitment to advancing economic and trade cooperation between the public and private sectors in both countries,' he said. 'It offers a strategic platform to expand trade and investment partnerships across vital sectors that drive mutual growth and enhance our economic competitiveness.' He added that OCCI is committed to creating a supportive environment for exchanging expertise and exploring investment opportunities. 'We hope this forum will lead to agreements and partnerships that serve the common interests of both nations and contribute to their economic development.' OCCI member Mohammed bin Ali al Gharbi delivered a presentation titled 'Explore the Omani Market' in which he highlighted Oman's stable economic indicators and favourable investment climate. He pointed to the country's strategic location, steady GDP performance and consistent inflow of foreign direct investment as key advantages. He also outlined Oman's main exports, including petroleum pro-ducts, liquefied natural gas, minerals, fish and petrochemicals. Gharbi said the chamber's focus remains on improving the business environment, supporting diversification and encouraging development across all governorates in line with national development goals. The forum concluded with bilateral meetings between Omani and Libyan business leaders, where participants discussed joint ventures and shared knowledge on high-potential sectors. It is expected to pave the way for closer trade ties and collaborative investments.
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
