Muscat: The Oman Chamber of Commerce and Industry (OCCI) is set to host four evenings during the holy month of Ramadan, focusing on various economic issues and challenges that the business community in the Sultanate of Oman is currently facing. These gatherings will provide a platform for officials, experts, and decision-makers to share their insights.
The Chamber has been organizing these Ramadan evenings to fulfill its role in representing the private sector and fostering dialogue with the public sector. This initiative creates an interactive space where business owners can discuss their challenges, propose solutions, and collaborate with relevant authorities.
This year, the Chamber has tailored its Ramadan evenings program to address several pressing issues pertinent to the business community, aligning with its strategic goals of enhancing the business environment, attracting investments, and promoting economic diversification. These efforts aim to stimulate innovation in economic solutions, raise awareness of policies and legislation, and support the growth of the private sector.
The inaugural evening, scheduled for March 10, will focus on the significance of Expo Japan 2025 for the private sector. It will emphasize the importance of participating in international exhibitions, outline the specific objectives of the Sultanate of Oman Pavilion, and highlight the pavilion’s unique economic events and programs, as well as the critical role of private sector institutions in this exhibition.
The second evening of Ramadan on March 12 will focus on labor market regulations and employment, examining the private sector's role in the labor market and the banking challenges that both workers and employers in this sector face.
The third Ramadan evening, scheduled for March 17, will explore the implications of taxation on economic development. This discussion will cover the role of taxes in achieving financial sustainability, supporting solutions for financial balance, and their function as a financial policy tool. Additionally, it will address the impact of taxes on economic growth, funding national projects, and the tax policies in the Sultanate of Oman, as well as their effects on the business environment and investment development.
The Chamber’s Ramadan evenings will wrap up on March 19 with a focus on the economic significance of local content. This session will introduce the national strategy for enhancing local content and emphasize the importance of increasing its contribution to the national economy, particularly in fostering the growth of small and medium enterprises.
