Latest news with #AlgiersInternationalFair
Times of Oman
a day ago
- Business
- Times of Oman
Oman shines as Guest of Honour at Algiers International Fair
Muscat: The Sultanate of Oman's pavilion is making a vibrant impression at the 56th Algiers International Fair, where Oman is this year's guest of honour. The pavilion beautifully reflects the country's economic and cultural identity through its design and diverse offerings. Oman's participation includes 60 companies spanning sectors such as pharmaceuticals, transportation, electric converters, real estate, fisheries, tourism, food products, and traditional crafts. Culturally, the pavilion spotlights the historic Al-Aqr neighbourhood, revitalised by the community and linked to the ancient capital of Nizwa and the beloved craft of Omani halwa making. Mahmoud bin Suleiman Al-Yazeedi, Head of Export Promotion at the Ministry of Commerce, Industry, and Investment Promotion, stated that Oman's selection as guest of honour inspired the development of a comprehensive exhibit representing its cultural, economic, and service sectors. He noted that the nearly 900-square-metre pavilion includes sections for government bodies, the general council, SMEs, large corporations, artisans, and a cultural area. Designed as an authentic Omani village, it showcases landmarks tied to the country's natural and cultural heritage, immersing visitors in the richness of Omani civilisation. The design was overseen by the "Oman Exports" team, symbolising the Sultanate's efforts to expand its products' global presence and guide exporters towards international markets. Accompanying the exhibition is a traditional Omani folklore troupe performing national songs that highlight Oman's deep artistic and cultural heritage.
Times of Oman
3 days ago
- Business
- Times of Oman
Oman pavilion draws large crowd at Algiers International Fair
Algiers: The Sultanate of Oman's pavilion at the 56th Algiers International Fair, where Oman is the guest of honour, has attracted significant attention from visitors and Algerian business representatives since its opening. Algerian visitors and business leaders told Oman News Agency (ONA) that Oman's pavilion stands out as a highlight of this year's fair, showcasing the nation's heritage and culture through its distinctive design. The pavilion features a diverse range of Omani companies operating in industrial, commercial, and service sectors. Tariq Mosoni, a plastics industry entrepreneur, noted that the Omani pavilion offers high-quality products with excellent specifications, praising both the products and competitive pricing of Omani plastic companies, which have gained popularity among Algerian consumers. In her turn, Iman Bouthelja, a visitor, expressed admiration for the product variety, describing the pavilion as 'magnificent' and well-received by attendees. She anticipated that participating Omani companies would secure commercial contracts and agencies with Algerian firms, given their products' quality and specifications. Meanwhile, Algerian businessman Abdurrahman bin Omar highlighted that Oman's pavilion provides Algerian visitors and entrepreneurs with an opportunity to closely view Omani products and industries. He noted their high quality could help establish trade partnerships in Algerian and neighbouring markets, revealing his decision to partner with several Omani companies in electrical and agricultural sectors. The Omani pavilion features 60 companies spanning pharmaceuticals, transportation, electrical transformers, real estate, fisheries, tourism, food products, handicrafts and other sectors.
El Chorouk
3 days ago
- Business
- El Chorouk
These Are President Tebboune's Messages To Productive Economic Institutions.
The President of the Republic, Mr. Abdelmadjid Tebboune, affirmed on Monday in Algiers the importance of continuing to enhance the competitiveness of national products and working to ensure self-sufficiency and promote exports, especially in the industrial sector, which has witnessed remarkable development in recent years. During his inauguration of the 56th edition of the Algiers International Fair, where he visited the pavilions of many national, public, and private institutions, the President of the Republic urged economic operators to 'raise the bar of ambition' in investment and continue working to increase competitiveness and improve the quality of national products. The President of the Republic praised the progress made by many sectors, especially mechanical industries, military industries, and textiles, emphasizing the need to work on strengthening export capabilities in parallel with contributing to reducing imports. The President of the Republic stopped over for a long time at the military industries pavilion, where he listened to detailed explanations about the activities of a number of institutions operating in the field of communications, military installations, and weapons manufacturing, especially the Directorate of Military Industries, the Mechanical Construction Company in Khenchela, and the Central Company for the Renewal of Signal Equipment. The President of the Republic also expressed his admiration for the level of achievements made by these institutions, especially in the field of optical fibers, the manufacturing and maintenance of signal equipment, and the manufacturing of explosives, and at the National Institute for Cartography and Remote Sensing affiliated with the Ministry of National Defense. Also at the Ministry of National Defense pavilion, the President of the Republic ordered the Minister of National Education to involve national institutions, including those affiliated with the National People's Army, in implementing the project of supplying educational institutions with electronic tablets. He also stressed the need for the contribution of both the institutions affiliated with the National People's Army and the National Electronic Industries Company 'ENIE', as well as private institutions, to the project supervised by the Ministry of Education, which is concerned with providing students with electronic tablets, calling for 'covering at least 50 to 60 percent' of the needs of educational institutions for computer equipment with local products. On this occasion, the President of the Republic highlighted the contribution of the military establishment to supporting the national economy with various products, which would reduce the import bill, especially for optical fibers. The President of the Republic affirmed in this regard that the import of optical fibers will be prohibited unless approved by the Ministry of National Defense, with the imminent launch of a special optical fiber unit affiliated with the same ministry. Upon stopping at the pavilion of two emerging companies, the President of the Republic praised the significant progress made by the country in this field, reiterating that efforts are continuing to 'reach the first or second rank in Africa for the national economy.' The President of the Republic also visited the pavilion of the 'GETEX' Textile and Leather Industry Group, where he listened to a presentation on the group's performance, which has witnessed a qualitative leap in recent years in terms of diversifying production, improving quality, and developing and modernizing distribution methods in partnership with emerging companies active in e-commerce. Still in the industrial field, and during his visit to the VMS company pavilion, which specializes in motorcycles and light vehicles, the President of the Republic urged economic operators to raise their ambition to invest more and contribute to creating added value and job opportunities. Here, he saluted the company's officials for the successes they have achieved by diversifying their products, such as motorcycles and light transport vehicles aimed at young investors, and used in trade, services, and by artisans. In the same pavilion, the President of the Republic ordered the Director General of the Algerian Investment Promotion Agency to facilitate the implementation of an investment project for the institution 'before the end of this month.' The project involves the construction of an industrial complex for various types of bicycles in the wilaya of Bouira. As for the 'Hassnaoui Group' pavilion, the President of the Republic emphasized the importance of the projects undertaken by this private group, especially in the agricultural sector, through seed production, which, according to the explanations provided, will allow for a reduction in the cost of these inputs for farmers, contributing to reducing imports and enhancing the country's self-sufficiency. After that, the President of the Republic stopped for a long time at the pavilion of the Algerian General Mechanical Company (AGM) – Sidi Bel Abbes unit, where he received a detailed explanation about the activities carried out by this institution specializing in the production of public works and construction equipment, as well as agriculture, in addition to its production capacities. In this pavilion, the President of the Republic stressed the need to 'meet national needs and then move towards export.'To achieve this goal, the President of the Republic called on officials of this institution to approve the implementation of a full-time work system (24 hours/24). This year's exhibition, held under the slogan 'For Joint and Sustainable Cooperation,' features 684 exhibitors, including 145 foreign institutions representing 31 countries from the five continents.
Observer
4 days ago
- Business
- Observer
Oman highlights trade, investment potential at 56th Algiers Fair
ALGIERS: President Abdelmadjid Tebboune of the People's Democratic Republic of Algeria inaugurated the Sultanate of Oman's pavilion as guest of honour at the 56th Algiers International Fair on Monday. The fair, which runs until June 28, is being held at the Exhibition Palace in the Algerian capital. Accompanied by Qais bin Mohammed al Yousef, Minister of Commerce, Industry and Investment Promotion, the president toured the 900-square-metre Omani pavilion featuring participation from 60 Omani companies and institutions representing industrial, commercial and service sectors, along with several government entities. This participation reaffirms the distinguished fraternal and economic relations between Oman and Algeria, building on the foundations laid during the state visit of His Majesty Sultan Haitham bin Tarik to Algeria last May, which established a new phase of comprehensive cooperation between the two nations. The Omani companies at the pavilion represent diverse sectors including pharmaceuticals, transportation, electrical conversions, real estate, fisheries, tourism, food products and handicrafts. Al Yousef emphasised that Oman's participation as the guest of honour came in response to an official invitation from the Algerian president, as confirmed in the joint communique during His Majesty the Sultan's visit. He noted the participation includes major, medium and small enterprises that will enhance trade opportunities between the two countries, with particular representation from the pharmaceutical, construction materials and food industries, along with dedicated sections for handicrafts and cultural displays. In his statement to ONA, Al Yousef highlighted that the Algiers International Fair, with participation from over 20 countries, provides an excellent platform to showcase Oman's commercial, investment and cultural offerings. He noted the Algerian president's appreciation for the diversity and quality of Omani industries displayed at the pavilion. The Algiers International Fair provides an excellent platform to showcase Oman's commercial, investment and cultural assets. Faisal bin Abdullah al Rawas, Chairman of Oman Chamber of Commerce and Industry (OCCI), stated that this participation represents an important opportunity to strengthen Oman's external economic presence and reflects the depth of fraternal and economic relations between the two countries. He emphasised the growing role of Oman's private sector in international economic forums and its contribution to expanding trade and investment horizons between the two nations. In his remarks to ONA, he underlined the Chamber's commitment to active participation in international exhibitions to open new prospects for the private sector in building sustainable partnerships abroad while promoting Omani products. He pointed out that this participation will highlight the competitiveness of Omani products and enhance international investors' confidence in national capabilities and the growth potential of Omani institutions, while also providing opportunities to learn from successful experiences in the Algerian market. Meanwhile, Saif bin Nasser al Badai, Ambassador of Oman to Algeria, stated that Oman's participation as guest of honour aims to explore trade and investment exchange opportunities between the two countries, and examine potential partnerships and export possibilities to the Algerian market and regional markets. In his statement to ONA, he noted that Oman's participation in the 56th Algiers International Fair will enhance its commercial and investment presence internationally while opening new horizons for Omani and Algerian private sectors to build sustainable partnerships supporting economic diversification and regional integration efforts. For his part, Eng Dawood bin Salim al Haddabi, CEO of the Public Establishment for Industrial Estates (Madayn) and Chairman of 'OPEX' Committee for Omani Products Promotion, explained that the supervisory team's participation – represented by Madayn, the Ministry of Commerce, Industry and Investment Promotion, Oman Chamber of Commerce and Industry, and the Small and Medium Enterprises Development Authority – builds on the longstanding relations between Oman and Algeria. He added that this aligns with OPEX's plans to establish footholds for Omani products in the promising Algerian market of nearly 40 million consumers, while also accessing Mediterranean region markets through Algeria's strategic ports. These markets have growing demand for various products including consumer goods, plastic and aluminium products, and construction materials. Al Haddabi noted that the OPEX team aims through this participation to develop non-oil Omani exports and secure new markets as part of its annual plans, while facilitating deals for participating companies or securing distribution agencies for their products in Algeria and neighbouring markets. Such participations play a vital role in achieving positive outcomes that increase production, generate job opportunities for Omanis and ultimately boost the national economy. The Algiers International Fair stands as one of the most prominent international economic events, showcasing national economic development and production capabilities while enhancing commercial and professional exchanges through creating an environment conducive to partnerships and foreign direct investment across various sectors. The 2024 edition featured participation from about 700 national and foreign exhibitors from approximately 20 countries active in multiple sectors, including manufacturing, food industries, construction, services and petrochemical industries. The opening ceremony of Oman's pavilion was attended by representatives from various government and private entities and business leaders from both countries. - ONA
Times of Oman
5 days ago
- Business
- Times of Oman
Algerian President receives Minister of Commerce, Industry and Investment Promotion
Algiers: President Abdelmadjid Tebboune of the People's Democratic Republic of Algeria received in Algiers today Qais bin Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion. The meeting took place on the sidelines of opening the 56th Algiers International Fair, where the Sultanate of Oman is the guest of honour. During the meeting, the minister conveyed greetings of His Majesty Sultan Haitham bin Tarik to the Algerian President, along with his best wishes of continued progress and prosperity to President Tebboune and Algerian people. For his part, President Tebboune asked the minister to convey his greetings and appreciation to His Majesty the Sultan for Oman's participation, extending his wishes of progress and prosperity to Oman and its people. The meeting reviewed the bilateral relations between the two countries across various economic, trade and investment fields. The meeting was attended by Saif bin Nasser Al Badai, Ambassador of the Sultanate of Oman to People's Democratic Republic of Algeria; Faisal bin Abdullah Al Rowas, Chairman of Oman Chamber of Commerce and Industry; Eng. Dawood bin Salim Al-Hadabi, CEO of Madayn; and Sheikh Saad bin Suhail Bahwan, Chairman of OTE Group and the Algeria-Oman Fertilizer Company.
