Latest news with #OmanChamberof
Muscat Daily
3 days ago
- Business
- Muscat Daily
OCCI to launch 4th Franchise Programme on June 29
Muscat – Oman Chamber of Commerce and Industry (OCCI) will launch the fourth edition of its Franchise Programme on June 29 under the patronage of Sheikh al Fadhl bin Mohammed al Harthi, Secretary-General of Council of Ministers. The launch will be attended by Sheikh Faisal bin Abdullah al Rawas, Chairman of OCCI, Humood bin Salim al Saadi, Second Deputy Chairman and head of Central Franchise Committee, board members of the chamber and business representatives. The programme aims to promote franchising as a business model among Omani entrepreneurs, highlighting its economic benefits and role in developing competitive local brands. It also seeks to help these brands expand into regional and international markets. Humood bin Salim al Saadi The programme supports efforts to diversify income sources and strengthen the SME sector, aligning with OCCI's strategy to improve the business climate and expand the private sector's contribution to Oman's economy under Vision 2040. According to Saadi, the fourth edition of the programme will build on the achievements of the previous one, reinforcing the chamber's commitment to empowering local businesses. 'We aim to create competitive Omani brands that can thrive both domestically and internationally,' he said. He added that a Franchise Centre was established as part of broader efforts to institutionalise franchising and offer targeted support to companies and entrepreneurs looking to scale. The centre plays a key role in facilitating expansion and reinforcing private sector leadership in development of the national economy.
Observer
3 days ago
- Business
- Observer
OCCI at London Arab-British Economic Summit
LONDON: Oman Chamber of Commerce and Industry (OCCI) on Monday took part in the 4th Arab-British Economic Summit 2025, held in London. The summit, which took the theme 'Friendship Through Trade', was organised by the Arab British Chamber in cooperation with the Union of Arab Chambers. The summit highlighted the importance of consolidating the strategic partnership between Arab countries and the United Kingdom, action to expand cooperation into different commercial sectors to enrich British and Arab markets and promote sustainable tourism, e-commerce and franchises. It also touched on means of activating the sectors of banking and financial services. The summit saw the participation of high-level government officials, CEOs, intellectuals and decision-makers from Arab countries and the United Kingdom. The participants exchanged ideas and discussed emerging opportunities for trade and investment in new technology-based industries. — ONA
Observer
5 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
Muscat Daily
16-06-2025
- Business
- Muscat Daily
Future Foresight Forum seeks to boost Oman's growth
Muscat – The 'Future Foresight Forum', a special event organised jointly by the Oman Chamber of Commerce and Industry (OCCI) and the Ministry of Labour to give a fillip to the sultanate's growth, opened on Monday in Muscat. The three-day event, held under the patronage of Hammoud bin Salim al Saadi, Second Deputy Chairman of OCCI and head of its South Batinah branch, has brought together specialists and experts from eight countries to help institutions anticipate economic and technological shifts by promoting strategic foresight, strengthening national skills and preparing the private sector to respond to emerging challenges. It seeks to foster innovation, attract investment and build partnerships between government and business. In the opening session, Abdullah al Saidi, CEO of Global Development Academy for Training, said the forum comes at a time of significant economic and geopolitical shifts, requiring organisations to adopt forward-looking strategies. 'We need to shift from reaction to anticipation, by adopting an institutional approach based on innovation and strategic analysis,' he said. Dr Abdul Salam Yahya, Economic Expert at OCCI, highlighted the need for a long-term economic vision to maintain stability amid global uncertainty.
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.
