Bahraini-Omani economic, trade, investment and social relations discussed

Bahraini-Omani economic, trade, investment and social relations discussed

Chairman of the Oman Chamber of Commerce and Industry (OCCI), Ridha bin Juma Al-Saleh, has affirmed the depth and strength of the Bahraini-Omani economic, trade, investment and social relations. Al-Saleh was speaking while visiting today the Bahrain Chamber of Commerce and Industry (BCCI), leading an Omani economic delegation, along with the Bahraini Ambassador to Oman, Dr. Jumaa Al-Kaabi, to be informed about the kingdom’s experience in the fields of business incubators, and the facilities provided for start-ups, entrepreneurs and small and medium-sized enterprises. OCCI Chairman stressed the importance of holding bilateral meetings in consolidating joint economic and investment action across various fields, especially regarding the provision of the GCC market with the necessary food commodities and agricultural products. He indicated that the two countries are seeking to create a strategic partnership through increasing the volume of trade exchange, by investing in the distinctive opportunities in the Omani market related to food security in cooperation with Bahrain’s BCCI, noting that in Oman, the investment atmosphere and laws grant foreign investors 100% ownership of the companies, in addition to Oman’s strategic location as a commercial centre. He highlighted the importance of exchanging delegations and visits at the commercial and industrial levels between