OCCI to launch centres focused on Economic Studies, Entrepreneurship and Social Investment

OCCI to launch centres focused on Economic Studies, Entrepreneurship and Social Investment

Muscat: The Oman Chamber of Commerce and Industry (OCCI) highlighted a positive economic outlook for Oman during its annual general assembly meeting on Wednesday. The Chamber’s 2023 annual report showcased improvements in key economic and financial indicators. The meeting also emphasized the OCCI's commitment to strengthening the private sector and fostering a more favorable business environment.The OCCI's financial statements revealed a significant improvement compared to 2022. Non-current assets increased by 21.2%, while surplus and reserves rose by 9.8%. Furthermore, the OCCI reaffirmed its dedication to supporting the private sector. This focus includes anticipating challenges and proposing solutions, acting as a voice for the sector with relevant authorities, and actively improving the business environment.

OCCI officials sharing details about the Chamber’s performance during 2023 and its strategic initiatives for the future

In line with Oman Vision 2040, the OCCI announced several new strategic initiatives aimed at: Enhancing the business environment; Supporting economic diversification; Developing Oman's governorates, and Improving the OCCI's internal work environment. These initiatives include the establishment of a Center for Economic Studies and Research, a Scientific Institution for Entrepreneurship and Future Jobs, and a Social Investment Center.The meeting also reviewed the OCCI's key accomplishments from the past year. These achievements