Muscat – Eng Redha bin Juma al Saleh, Chairman of the Board of Directors of the Oman Chamber of Commerce and Industry (OCCI), has said that there are plans to establish closed joint-stock companies in various governorates of the Sultanate of Oman.
Al Saleh said that the OCCI is currently working on the necessary studies to establish such companies, explaining that some governorates such as Al Buraimi, Al Dhahirah, and Musandam have started establishing joint-stock companies and are currently in advanced stages.
He said that the Chamber has encouraging investment and trade partnerships with friendly countries and the Omani Bahraini Investment Holding Company was established with a capital of RO10 million, which will be divided equally between Omani businessmen and their counterparts.
On the Bahraini side, it will be interested in investing in the field of food security and in other sectors focused by the “Oman Vision 2040.,
He said there is a preliminary agreement with the Kingdom of Saudi Arabia to create a commercial and investment partnership, provided that a committee is formed to study this agreement, which will be announced in time.
He said that the chamber is making efforts to attract new investments to the Sultanate of Oman and also looks out for investment opportunities abroad by organizing visits for trade delegations and bilateral meetings between Omani businessmen and their counterparts from friendly countries.
