Muscat – An investor guide on doing business in Oman published by Crowe Oman was released by Eng Redha Juma al Saleh, chairman of Oman Chamber of Commerce and Industry (OCCI) on Monday at the Chamber office.
Releasing the book – Doing Business in Oman – Saleh said, “Without rules to regulate the establishment, functioning and dissolutions, modern businesses cannot exist. Well-designed regulations can ensure outcomes that are socially justifiable and is likely to take care of every citizen.”
“The book Doing Business focuses on regulatory processes in Oman, its laws, rules and regulations, while elaborating on the business friendly environment,” he added.
Davis Kallukaran, founding and managing partner of Crowe Oman, said, “The book provides insight and guidance on what a foreign investor would consider for business development and the key factors that will drive emerging opportunities for growth.”
“The last two years have witnessed a great transformation in the history of the sultanate. The way to the transformation has been drafted by laying down a long-term sustainable strategy, Vision 2040 by His Majesty Sultan Haitham bin Tarik. His Majesty has identified the true potential of the sultanate to attract foreign investors and accelerate the economic diversification process,” he added.
“Oman Vision 2040 lays down in clear terms the direction and growth of the economy which is the vital indicator for the foreign investors planning to enter this market,” said Dr Khalid Maniar, founding partner and chairman, Crowe Mak, UAE.
“This book provides a complete overview of the incorporation process of business entities across the various governorates of Oman and in the free zones,” Dr Maniar added.