Muscat, Oman-American Business Center (OABC) hosted a virtual meeting with Qais Mohammed al-Yousef, Minister of Commerce, Industry, and Investment Promotion (MOCIIP).

 

The session presented a unique opportunity for members of the OABC to engage and ask specific questions to better understand the vision and future plans of MOCIIP.

 

Qais al-Yousef discussed incentives for foreign investors and other key information about how the plan will impact the future and Oman Vision 2040. The session also addressed business continuity and steps to mitigate the challenges faced by companies due to Covid-19 pandemic.

OABC President and Chairman Ali Dawood opened the session and said, “We trust that this first virtual session may pave the way for more interaction, discussion, and future sessions between the public and private sectors within Oman.”

 

“It is notable that in spite of, and even because of, the difficult and unique situation the world is facing today, U.S. companies can learn about what Oman has to offer through an online platform rather than physical travel,” continues Dawood. “We hope that new opportunities and connections will be made through these efforts and initiatives during this time, as well as the future, as Oman moves towards its Vision 2040.”

As the official affiliate of the US Chamber of Commerce in Oman, the OABC promotes understanding, partnerships and other matters of mutual economic interest between business communities in Oman and the United States (US).

 

Formed in 2003, the OABC’s mission is to foster the development of commercial activity between Oman and the US.  With 30 events annually and over 160 member companies, OABC is Oman’s most active business council and networking group.

 

The session was attended by Leslie Tsou, US Ambassador to Oman, William Crew, CEO of Inspired Solutions and US investors.

 

Source: Oman News Agency

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