Oman Participates in 12th Arab-Hellenic Economic Forum in Athens

OCCI participates in the 12th Arab-Hellenic Economic Forum in Athens

Muscat: The Oman Chamber of Commerce and Industry (OCCI) reviewed the potential role of the Omani private sector and its leadership of a competitive economy linked to the global economy, as part of its participation in the 12th Arab-Hellenic Economic Forum in the Greek capital, Athens, where the Chamber emphasized the investment opportunities provided by the pillars of Oman Vision 2040.

The forum’s program included holding a dialogue session between the heads of the participating Arab federations and chambers of commerce with their Greek counterparts on ways to increase trade exchange, develop mutual investments, and transfer knowledge and technology between Greece and the Arab countries.

Eng.Hamoud bin Salem Al Saadi, Second Deputy Chairman of the Board of Directors of the Oman Chamber of Commerce and Industry, reviewed the most prominent aspects of the growing economic relations between the Sultanate of Oman and Greece, which witnessed an increase of 175% in 2022 compared to 2021.

The volume of Omani exports to Greece in 2022 reached approximately 50 million US dollars. The engineer added that the Chamber’s participation in the Arab-Hellenic Economic Forum came from the standpoint of strategic directions consistent with Oman Vision 2040, as the Chamber worked, during its participation in the working session entitled (Greece and the Gulf Cooperation Council Countries), to introduce the incentives and investment opportunities available in the Sultanate of Oman, especially in the dependent sectors. It is necessary to achieve economic diversification. The Chamber, in turn, stressed the importance of concluding partnerships between the Omani private sector and its Greek counterpart, which works to expand the business base in the Sultanate of Oman.

Sheikh Hilal bin Abdullah Al-Hinai, an expert in improving government services in the Oman 2040 Vision Implementation Follow-up Unit, indicated that participation in the forum’s work confirms the importance of the competitive economy and national programs in the Oman 2040 Vision. He reviewed the positive results of the Sultanate of Oman in international indicators. Al-Hinai stated that the rapid developments and global geopolitical changes enhance investment opportunities.

more recommended stories

Terms of Use:

  • This website Arabian Daily is an individual’s property, not used for any commercial or sales purposes. What you see here are one’s random thoughts in action. I, by no means, endorse any product or party through this, unless stated explicitly.
  • All work you will find here is copyrighted unless stated otherwise. No part of this work can be reproduced in any way with the exception of a) if you share our work, it should link back to this website; b) if you quote any part of our work, it should be properly credited to us with a link to this website.
  • All images used on this website have been taken from open source image websites on the Internet. If any of them are copyrighted to you and you want us to take them down or add credits, please feel free to contact us here, or by using the contact form on this page.
  • The views expressed on Arabian Daily are solely ours. They do not represent any party or any particular school of thought. This website does not promote racism in any form.
  • Privacy Policy:
    This website will respect the readers’ and the writer’s privacy. We do not sell any of their personal or contact information to another company. We do not put your information on spam lists. Also, and more importantly, we are not responsible for the privacy practices of any of our advertisers or website commenters.
  • Reserve Rights: We reserve the right to change the focus on this website, to shut it down, sell it or to change the terms of use at our own discretion.