What Do Businessmen In Oman Think About The New Financial Changes?

SourceBusiness Live ME
SectorEconomy
CountryOman

A number of businessmen have lauded the great achievements made across the Sultanate over the past 50 years, as well as the procedures to attract foreign investments to the country and achieve fiscal balance. Ghanim bin Dhahir al-Bathari, the Board Chairman of Al Baraka Oilfield Services Company, said that the Governorates’ centralised administration laws allow integration among governorates by optimizing competitiveness in building a robust and diversified national economy. Ghanim bin Dhahir al-Bathari, the Board Chairman of Al Baraka Oilfield Services CompanyHe commended the Government’s approach to bringing state-owned firms under the purviews of the Oman Investment Authority (OIA) is a step in the right direction and will yield positive results rapidly. It will also provide a more comprehensive and more uniform view about maximising benefits from these firms, irrespective of whether the companies act individually or engage as a collective entity in major investment projects. Pankaj Khimji, the co-owner and director of Khimji Ramdas Group (KR)Meanwhile, Pankaj Khimji, the co-owner and director of Khimji Ramdas Group (KR), said he was among lucky businessmen who witnessed the growth of the Omani Renaissance founded by the late His Majesty Sultan Qaboos Bin Said and that he is enthusiastic to carry on with the renewed...read more...