Muscat — Eng. Hamood Salem Al-Saidi, the second vice-chairman of the Board of Directors of the Oman Chamber of Commerce and Industry (OCCI), hosted a delegation from the International Monetary Fund (IMF) led by Abdullah Al-Hassan, the head of the IMF delegation in the Sultanate of Oman. This meeting was part of the Fund's visit to the Sultanate of Oman to assess economic and financial developments and is part of the Fund's periodic consultations with member countries.
Exploring Investment Opportunities and the Role of the Private Sector
During this meeting, the Oman Chamber of Commerce and Industry discussed ways to enhance the role of the private sector in the national economy and explored investment opportunities in promising sectors. In particular, this topic was examined in line with supporting economic diversification and achieving the goals of “Oman Vision 2040.”
The second vice-chairman of the Board of Directors of the Oman Chamber of Commerce and Industry emphasized that this meeting with the IMF experts is an opportunity to strengthen dialogue on national economic developments and future prospects. He also highlighted the importance of identifying areas that can enhance the participation of Omani institutions in economic activities.
Examining Challenges and Opportunities
Al-Saidi added that the Chamber is working to monitor and explore solutions to the challenges facing the private sector while also seeking to convey the voice of the business community to the relevant authorities to strengthen the capacity of institutions to expand and grow, especially in value-added sectors and promising investment opportunities.
This meeting reflects the close cooperation between the Oman Chamber of Commerce and Industry and the International Monetary Fund, which can help improve economic conditions and facilitate investment in Oman. Given the emphasis on economic diversification and sustainable growth, this meeting is seen as a positive step towards achieving Oman’s economic goals.
