Latest news with #RamadanEvening
Muscat Daily
19-03-2025
- Business
- Muscat Daily
Oman's chamber of commerce hosts talks on civic councils' role
Muscat – The Musandam branch of the Oman Chamber of Commerce and Industry (OCCI) on Tuesday hosted a Ramadan Evening titled 'Municipal Councils and Their Role in Society and Development'. The event, held under the patronage of Sayyid Ibrahim bin Said al Busaidi, Governor of Musandam, was attended by Raed bin Mohammed al Shehhi, Chairman of the OCCI Musandam branch. Discussions focused on the role of municipal councils in fostering local development and strengthening community partnerships. The session explored the councils' responsibilities, including infrastructure development and their role as intermediaries between citizens and the government to improve local services. Participants also highlighted the councils' involvement in planning and executing projects aimed at enhancing the business environment and driving economic growth in Musandam. Emphasis was placed on partnerships between municipal councils and the local community, along with strategies to enhance communication between councils and business owners to identify development priorities. The event also reviewed several strategic and municipal projects that have improved infrastructure and boosted the local economy. The discussion underscored the role of the private sector in the success of upcoming municipal projects, which are expected to contribute to economic diversification and sustainability. Sayyid Ibrahim said, 'This Ramadan Evening is part of broader efforts to foster community communication and create a space for constructive dialogue. Such gatherings are essential for exchanging ideas and visions on how to advance the governorate and stimulate collaboration between the public and private sectors, contributing to sustainable development.'
Zawya
18-03-2025
- Business
- Zawya
OCCI to explore role of Oman's tax policies
Muscat: The Oman Chamber of Commerce and Industry (OCCI) will host its third Ramadan Evening on Monday, spotlighting the critical role of tax policies in promoting economic development. The session on 'Taxes and their Impact on Economic Development' will be held under the patronage of Dr Said bin Mohammed al Saqri, Minister of Economy. The discussion will explore how effective tax frameworks can enhance financial sustainability, maintain fiscal balance, and support the financing of national projects. It will also delve into the broader implications of tax policy on Oman's business environment and investment landscape. The Ramadan Evening series, designed to encourage dialogue between the public and private sectors, provides business owners with a platform to address challenges and propose practical solutions. The initiative aligns with OCCI's strategic focus on fostering understanding of policies and legislation shaping Oman's economic framework. The concluding session of the series will be held on Wednesday, under the theme 'The Economic Importance of Local Content'. It will introduce strategies to develop local content, underscore its role in strengthening the national economy, and highlight its significance in empowering small and medium-sized enterprises. OCCI's Ramadan evenings support Oman Vision 2040, which prioritises enhancing the business environment, attracting investment, and promoting economic diversification. The discussions cover key sectors including manufacturing, energy, mining, logistics, transportation, tourism, food security, innovation, technology, trade, education, health and finance. © Apex Press and Publishing Provided by SyndiGate Media Inc. (
Muscat Daily
16-03-2025
- Business
- Muscat Daily
OCCI to explore role of Oman's tax policies
Muscat – The Oman Chamber of Commerce and Industry (OCCI) will host its third Ramadan Evening on Monday, spotlighting the critical role of tax policies in promoting economic development. The session on 'Taxes and their Impact on Economic Development' will be held under the patronage of Dr Said bin Mohammed al Saqri, Minister of Economy. The discussion will explore how effective tax frameworks can enhance financial sustainability, maintain fiscal balance, and support the financing of national projects. It will also delve into the broader implications of tax policy on Oman's business environment and investment landscape. The Ramadan Evening series, designed to encourage dialogue between the public and private sectors, provides business owners with a platform to address challenges and propose practical solutions. The initiative aligns with OCCI's strategic focus on fostering understanding of policies and legislation shaping Oman's economic framework. The concluding session of the series will be held on Wednesday, under the theme 'The Economic Importance of Local Content'. It will introduce strategies to develop local content, underscore its role in strengthening the national economy, and highlight its significance in empowering small and medium-sized enterprises. OCCI's Ramadan evenings support Oman Vision 2040, which prioritises enhancing the business environment, attracting investment, and promoting economic diversification. The discussions cover key sectors including manufacturing, energy, mining, logistics, transportation, tourism, food security, innovation, technology, trade, education, health and finance.
Muscat Daily
15-03-2025
- Business
- Muscat Daily
OCCI focuses on labour market reforms
Muscat – The Oman Chamber of Commerce and Industry (OCCI) has stepped up efforts to reshape the labour market, aiming to attract investment, diversify the economy, and enhance the business environment. These priorities were highlighted during OCCI's second Ramadan Evening last week, held under the theme 'Labour Market and Employment Regulation' and chaired by Faisal bin Abdullah al Rawas, Chairman of OCCI. The event brought together key representatives from the public and private sectors to discuss policies to balance workforce supply and demand, improve productivity, and empower Omani talent. Rawas emphasised OCCI's role in shaping labour policies aligned with Oman's economic objectives. 'Regulating the labour market is essential for sustainable growth and attracting investments. A balanced workforce fosters productivity and encourages entrepreneurship, key pillars of our diversification strategy,' he said. He also reiterated the chamber's commitment to enhancing private sector participation in job creation. 'By aligning skills development with market demands, we not only strengthen the local workforce but also pave the way for innovation and competitiveness,' he added. Mohamed Hassan al Ansi, Chairman of OCCI's Labour Market Regulation Committee, stressed the importance of vocational education in bridging the gap between academic qualifications and practical skills. 'Vocational education is a gateway to opportunity, especially in high-demand sectors like technology, design, healthcare, and trade,' he said. Ansi further noted that skill-based training is essential in preparing youth for the job market and supporting entrepreneurship. 'Vocational graduates are crucial for industries facing a shortage of skilled workers, and their expertise supports the growth of SMEs and entrepreneurship in Oman,' he stated.
Zawya
12-03-2025
- Business
- Zawya
‘Expo Japan key opportunity for Omani business houses'
Muscat: The Oman Chamber of Commerce and Industry (OCCI) hosted its inaugural Ramadan Evening on Tuesday under the theme 'The Importance of Expo Japan 2025 for the Private Sector', highlighting the strategic role of Omani businesses in promoting the nation's heritage, innovation, and sustainable development on the global stage. Held under the patronage of H E Qais bin Mohammed al Yousef, Minister of Commerce, Industry, and Investment Promotion, the event underscored how participation in global expos can create new avenues for economic cooperation and investment. Faisal bin Abdullah al Rawas, Chairman of OCCI, stated that Oman's participation in Expo Japan 2025 will reflect its national identity, rich heritage, and ongoing journey towards sustainable growth. 'The exhibition provides an exceptional opportunity for Omani businesses to engage with major global economies, expand international partnerships, and explore the latest innovations across diverse sectors.' He added that participation in Expo Japan 2025 'is a golden opportunity for the private sector to showcase its capabilities and innovations'. It will also pave the way for partnerships that contribute to sustainable development and economic prosperity, he noted. Rawas further explained that the OCCI's Ramadan Evenings initiative aims to create an interactive platform, fostering dialogue between the public and private sectors while identifying investment opportunities aligned with Oman Vision 2040. 'This initiative targets promising economic sectors to build a robust and sustainable economy.' He also urged entrepreneurs to capitalise on this opportunity to enhance their presence in international markets. 'Expo Japan 2025 will focus on artificial intelligence, sustainability, digital transformation, and future technologies, providing an exceptional opportunity for the Omani private sector to engage with cutting-edge innovations. This will strengthen their capacity for growth and competitiveness,' he added. Zakaria bin Abdullah al Saadi, CEO of OCCI, emphasised the chamber's commitment to strengthening dialogue between sectors and addressing economic challenges through its series of evening events. 'These gatherings are pivotal in fostering strategic discussions that contribute to enhancing the business environment and attracting investments. They align with the objectives of Oman Vision 2040 and promote economic diversification.' Saadi added that the focus on Expo Japan 2025 is timely, as Oman finalises preparations for its participation in the global event, scheduled from April 13 to October 13 in Osaka. The exhibition's theme, 'Designing the Future Society for Our Lives', aligns with Oman's commitment to innovation, cultural exchange, and sustainable development. Saadi affirmed that the chamber is dedicated to facilitating private sector participation and ensuring that Oman's presence at the Expo reflects its heritage, present, and future aspirations. He encouraged businesses to leverage this platform to promote Oman's vision and expand their global reach. © Apex Press and Publishing Provided by SyndiGate Media Inc. (
