Business

“Partners in Achievement” Forum Highlights OCCI Efforts to Support the Private Sector

Muscat: Oman Chamber of Commerce and Industry (OCCI) today organized the "Partners in Achievement" Forum to celebrate what has been accomplished over the past four years in enhancing the role of the private sector in the economic development process. During the ceremony, the design of the Chamber's new building was unveiled, to be located in Madinat Al Irfan 'Al Irfan City' in Muscat Governorate. According to Oman News Agency, Faisal Abdullah Al Rowas, OCCI Chairman, explained that what was achieved during the Board's term (2022-2026) reflects an institutional evolution in the Chamber's roles and an integrated endeavour to enhance the competitiveness of the private sector, expand opportunities before it, and enable it to perform its role as a key partner in economic development. He stated that the Chamber succeeded in enhancing its financial sustainability by growing its investment portfolio, which increased by 45 per cent to reach RO 67.1 million by the end of 2025, compared with RO 46.4 million by the end of 2022 - a rise of approximately RO 20.7 million. He noted that the tangible growth of the investment portfolio strengthens the Chamber's financial solvency and supports its capacity to continue implementing its qualitative initiatives and programmes in service of the private sector. He further stated that the unveiling of the design for the Chamber's new headquarters reflects the evolution of its roles and the expansion of its services. It will provide a modern, integrated working environment that strengthens its capacity to serve the private sector and to host trade delegations and economic events. The project occupies a strategic location in Madinat Al Irfan in Muscat Governorate, within an integrated urban environment encompassing business districts and vital facilities. The new building will feature smart workspaces and state-of-the-art conference and event halls, and its design targets the international LEED and WELL certifications in sustainability, indoor environmental quality, and user well-being. D uring the forum, heads and members of the sectoral committees at the Chamber's headquarters were felicitated, in appreciation of their efforts and contributions in addressing various economic sectors, presenting views and proposals supporting the development of the business environment, enhancing communication and partnership between the private sector and relevant entities, and contributing to the formulation of initiatives and solutions that serve the private sector.