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Omani-UK Business Forum explores investment opportunities in sultanate 

29 May 2024 Omani-UK Business Forum explores investment opportunities in sultanate

London, UK – A business delegation from Oman on Wednesday participated in a joint forum with the UK entrepreneurs in London to highlight the opportunities that the sultanate offers to foreign investors.

The Omani-UK Business Forum, which was held to expand the trade relations between the two countries, showcased a range of Omani products starting from incense and perfumes to dates and honey. It discussed the supportive measures provided by the sultanate to foreign investors as it seeks to enhance its investment opportunities.

The event, organised by the Embassy of Oman in the UK in collaboration with the Oman Chamber of Commerce and Industry (OCCI), dwelt on the progress of Omani small and medium enterprises (SMEs) transforming into globally competitive brands.

A promotional exhibition showcased a range of Omani products including handicrafts, incense, perfumes, fashion items, and various value-added products of dates and honey.

A significant theme at the forum was the empowerment of Omani women entrepreneurs, with initiatives designed to help them enter the British market by forming partnerships with their British counterparts.

Areej Mohsin Haider Darwish, a member of the Board of Directors of OCCI, spoke on the longstanding relationship between Oman and the UK. “This forum seeks to bolster cooperation and investment across various sectors,” she said. 

“Aligned with Oman Vision 2040, our strategic directives are set to enhance the business environment, support women entrepreneurs in the economic sectors, and elevate their global market presence through experience exchange.”

Karim Fatehi, CEO of the London Chamber of Commerce and Industry, shared his enthusiasm about participating in a session titled ‘The Impact of the Private Sector in Economic Development’. He highlighted the forum’s role in fostering cooperation and opening avenues for both Omani and British chambers to explore potential opportunities.

Andrew Elia, Managing Director at Arishi Tech, discussed how the event offered insights into Oman’s investment incentives and opportunities beneficial for British companies looking to expand in the Middle East.

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