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OCIPED
TO
PARTICIPATE
IN THE
INTERNATIONAL
EXHIBITION
OF
STONE,
DESIGN
AND
TECHNOLOGY
TO BE
HELD IN
VERONA
FROM
29TH
SEPTEMBER
TO 2ND
OCTOBER
2010
The The
Directorate
General
of
Export
Development
of The
Omani
Centre
for
Investment
Promotion
and
Export
Development
(OCIPED)
will be
participating
at the
International
Exhibition
of
Stone,
Design
and
Technology
to be
held
from
29th
September
– 2nd
October
2010 at
Verona,
Italy
with a
15 Sq
meters
of
exhibition
booth
under
the
banner
Oman
pavilion.
So far 4
Omani
marble
and
stone
companies
will be
participating
in this
exhibition.
This is
part of
the
initiative
of the
Directorate
General
of
Export
Development
of
OCIPED
to reach
out to
new
markets,
identify
new
business
opportunity
and
partnership.
The
International
Exhibition
of
Stone,
Design
and
Technology
is one
of the
largest
Marble
exhibitions
in
Europe
which
attracts
large
number
of
visitors
from all
over the
world.
Marble
export
earnings
have
grown at
about
20% CAGR
in the
past
four
years
reach
about
RO.
40.66
Million
in 2008.
GCC
region
accounts
for
about
50% of
the
total
marble
exports
in 2008
Marble
Exports
Country
wise
share
2008
Total
Exports
in 2008
= RO.
40.66
Million
The
Directorate
General
of
Export
Development
in
OCIPED
has also
obtained
a Market
Report
on
Natural
Stone
and
Stone
products
prepared
by the
Centre
for the
promotion
of
imports
from the
developing
countries
(CBI),
Netherlands
during
the year
2009 and
have
distributed
the same
among
the
Omani
marble
and
stone
exporters.
Mr.
Faris
Nasser
Al
Farsi,
Acting
Director
General
of
Export
Development
of
OCIPED
believes
that
exporters
will get
an
excellent
exposure
in
understanding
new
technologies
in
marble
mining,
cutting,
packing
etc by
attending
such
international
exhibitions.
Since
the
Verona
Fair is
the
largest
marble
and
stone
exhibition,
Omani
exporters
will
have an
opportunity
to meet
with
importers,
distributors,
building
contractors
from all
over the
world
and
understand
their
needs.
Mr. Al
Farsi
hopes
that the
Omani
Pavilion
will
attract
good
number
of
visitors
resulting
in
export
opportunity
for
Oman.
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Germans
told of
Oman’s
rich
investment
potentials
The 11th
session
of the
Omani-
German
joint
committee
concluded
in
Berlin
on
Friday.
The
minutes
of the
meeting
was
signed
by HE
Sayyid
Badr Bin
Hamad Al
Busaidi,
Secretary-General
of the
Ministry
of
Foreign
Affairs
and
Chairman
of the
Omani
side in
the
committee,
and Dr
Bernd
Vaven
Bach
Deputy
Minister
of
Economy
and
Technology
in
Germany.
Badr
Busaidi
said the
relations
between
the
Sultanate
and
Germany
were
very
deep in
various
fields.
He also
stressed
the
importance
of these
kinds of
meetings
in
promoting
bilateral
relations
between
the two
countries.
He
expressed
his
satisfaction
over the
level of
trade
and
investment
between
the two
countries
in
recent
years.
He said
though
the
trade
between
the
Sultanate
and
Germany
amounted
to 946
million
euros in
2008,
the
global
economic
crisis
had led
to the
decline
in the
trade to
464
million
euros in
2009.
“There
are
still
wider
horizons
to
enhance
trade
and
investment,”
he said.
Highlighting
the
importance
of
creating
more
business
opportunities
in the
Sultanate
and
Germany,
he
called
on
German
companies
to
invest
in
various
vital
sectors
in the
Sultanate.
He added
that
there
was a
desire
to
improve
the
general
conditions
for
economic
cooperation
in
addition
to the
steps
that had
been
taken
earlier,
stressing
it was
essential
to
continue
such
economic
consultation.
Bernd
Vaven
Bach
stressed
the
desire
of
Germany
to
strengthen
cooperation
with the
Sultanate
in
particular
and
other
GCC
countries
in
general
in the
fields
of
economy
and
communications,
technology,
information
technology,
education
and
technical
training
and the
areas of
energy
and
environmental
protection.
The two
sides
stressed
during
the
meeting
the
importance
of
technical
training,
technology
and
knowledge
transfer
in all
sectors
of
economic
and
technological
activities
and
discussed
the
proposal
to
create
an
Omani-German
Business
Forum to
explore
opportunities
for
cooperation
and
investment
in the
Sultanate.
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OCIPED
participated
in the
13th
German-
Arab
Business
Forum in
Berlin
The
Omani
Center
for
Investment
Promotion
& Export
Development
(OCIPED)
participated
in the
“13th
German-
Arab
Business
Forum”,
which
was held
during
2nd -
4th June
2010 in
Berlin,
Germany.
His
Excellency
Dr.
Guido
Vestrwilh,
Minister
of
Foreign
Affairs
and Vice
Chancellor
of
German
considered
the
growing
interest
of
Germany
in
supporting
the
enhancement
of
Arab-German
relations,
especially
in the
economic
field.
He
described
the
Forum as
an ideal
place
for
communication
between
the Arab
businessmen
and the
Germans.
And
reflected
a
dynamic
economic
relations
Arab-German
in the
presentations
and
discussions
at
meetings
of the
Conference
of the
diverse
and
included
the
construction
sector
and
efficient
use of
energy
sector,
information
technology
and
telecommunications,
the
process
of
market
entry,
financing,
privatization
and
investments,
the
environment
sector,
water
and
sanitation
and
transport
sectors
and
areas of
logistics.
Eng.
Nisreen
Ahmed
Jaffar,
Director
General
of
Investment
Promotion,
gave a
presentation
about
“Investment
Opportunities
in
Oman”.
The
forum
provided
an
excellent
platform
to
showcase
the
developments
which
are
taking
place in
the
region
and the
opportunities
available
for
investment
in
various
sectors.
During
the
concluding
session,
His
Excellency
Sayyid
Badr bin
Hamad
bin
Hamoud
Al-busaidi,
Secretary
General
of the
Ministry
of
Foreign
Affairs
of Oman,
highlighted
the
challenges
and
opportunities
available
through
the high
number
of young
job
seekers
in the
Arab
world,
as the
number
of young
people
who have
attained
the age
of 20 to
24
years,
10
million
in 1950
rising
to 36
million
in 2006
and is
expected
to
arrive
this
number
to 56
million
in 2050.
The 13th
Arab-German
Economic
Forum
has
concluded
on June
4, 2010
at the
Hotel
Ritzcarlton
in
Berlin
and was
attended
by about
600
business
representatives,
economists
and
politest
of Arab
countries
and
Germany.
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OCIPED
to
participate
in the
Qatar
International
Business
Women
The
Directorate
General
of
Investment
Promotion
of The
Omani
Centre
for
Investment
Promotion
and
Export
Development
(OCIPED)
shall be
participating
at the
Qatar
International
Business
Women
Forum
which is
to be
held in
Doha on
May
10-11,
2010 at
the
Sheraton
Doha
resort &
convention
hotel
and
organized
by the
Qatari
Businesswomen
Forum in
cooperation
with Al
Iktissad
Wal
Aamal
group.
“Eng.
Nisreen
Ahmed
Jaffar,
General
Director
of
Investment
Promotion
is going
to speak
in the
panel
discussion
on “Role
of Women
in
Business
and
Investment:
A
Comparison
between
the Arab
World
and the
West”
during
the
Qatar
International
Business
Women
Forum
which
aims to
strengthen
the
network
of
relationships
between
businesswomen
and open
windows
of new
investment.”
The
Qatar
International
Business
Women
Forum
attracts
a wide
participation
from the
Gulf,
Arab and
North
African
countries,
as well
as from
Europe
and the
US,
including
businesswomen
and
entrepreneurs,
in
addition
to women
from
social,
educational
and
human
institutions.
All
those
concerned
by
women's
issues
will
attend
the
forum
side by
side
with
elite
businesswomen
from
around
the
world.
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OCIPED
participated
in “The
2nd Oman
Economic
Forum”
The
Second
Oman
Economic
Forum
held on
April 25
and 26,
2010 at
the Bar
Al-Jassah
Resort
(Shangri-la
Hotel
and
Resort),
Muscat,
under
the
patronage
of H.E.
Ahmed
Bin
Abdulnabi
Macki,
Minister
of
National
Economy
and
Deputy
Chairman
of the
Financial
Affairs
and
Energy
Resources.
This
year’s
main
Omani
speakers
are:
H.E.
Ahmed
Bin
Abdulnabi
Macki,
Minister
of
National
Economy,
Deputy
Chairman
of the
Financial
Affairs
and
Energy
Resources
Council,
H.E.
Maqbool
Bin Ali
Bin
Sultan,
Minister
of
Commerce
and
Industry
and
chairman
of
OCIPED,
H.E.
Yahya
Bin Said
Al-Jabri,
Executive
President,
Capital
Market
Authority
and H.E.
Hamood
Bin
Sangour
Al-Zadjali,
Executive
President,
Central
Bank of
Oman, as
well as
leading
representatives
of the
public
and
private
sectors
in the
Gulf and
Arab
world,
and
other
international
institutions,
and
personalities
parties.
Eng.
Nisreen
Ahmed
Jaffar,
Director
General
of
Investment
Promotion
in
OCIPED
participated
in The
Investment
Environment
in Oman
session
which
discussed
the
challenges
of
attracting
capital
required
to
finance
a new
generation
of
investments.
Also it
highlighted
an
evaluation
of the
investment
and
business
climate
in the
Sultanate.
Furthermore,
the
session
covered
reforms
required
to
promote
economic
competitiveness
and its
capacity
to
attract
foreign
investments,
with
particular
emphasis
on the
transfer
of
technology.
In the
last
decade,
Oman
embarked
on a
reform
program
aimed at
developing
and
diversifying
the
economy
and
promoting
growth.
In the
coming
period,
growth
will
depend
upon the
Oman’s
ability
to
attract
and
channel
investment,
and to
use it
effectively.
H.E
Maqbool
Bin Ali
Bin
Sultan,
Minister
of
Commerce
and
Industry
and
Chairman
of
OCIPED
also led
a lively
open
discussion
titled
‘Oman’s
Strategy
for Food
Security’.
Concerned
about
the
threats
to food
security
from
natural
disasters
and
drought
for
example,
he
revealed
that the
Government
have
taken
the
initiative
to
appoint
an
international
consultancy
firm
instructed
to
co-operate
with the
Ministry
as they
strategize
to find
solutions
for
threats
to food
security;
“The
Ministry
are
encouraging
local
and
international
investors
to
support
the
Government’s
initiatives
concerning,
specifically
fisheries
and date
production,
that
manufacture
output
in
excess
of local
demand.
Converting
industries,
such as
packaging
local
raw
food-stuffs
to
processed,
canned
varieties
of local
goods is
a
currently
neglected,
but
excellent
investment
opportunity.
”
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OCIPED
Participated
in the
“Turkish
Omani
Business
Forum”
The
Omani
Center
for
Investment
Promotion
& Export
Development
(OCIPED)
participated
in the
“Turkish
Omani
Business
Forum”
on 13th
April
2010 at
Shangri-La’s
Barr Al
Jissah
Resort &
Spa,
Muscat
which
held
under
the
patronage
of H.E.
Abdullah
Gul, the
president
of
Turkey.
He said
that
Oman is
a very
strategic
country
in its
region
and
attaches
a great
importance
to
constructive
and
peaceful
policies
as well
as he
indicated
that
Oman has
become
one of
the
countries
which
were
least
affected
by
global
economic
crisis
and its
economy
grew by
3.7
percent
last
year,
Gul
said.
Additionally,
he
confirmed
that
Turkey
and Oman
were
determined
to boost
cooperation
in the
areas of
politics,
economy,
culture,
education
and
tourism.
During
the
event, a
Presentation
was made
on Oman
economy
and
investment
opportunities
in the
sultanate
by Eng.
Nisreen
Ahmed
Jaffar,
Director
General
of
Investment
Promotion.
The
seminar
provided
an
excellent
platform
to
showcase
the
developments
which
are
taking
place in
the
region
and the
opportunities
available
for
investment
in
various
sectors.
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OCIPED
participated
in the
30-Year
FGCCC
Celebration
Forum in
Qatar
30 year
celebration
of the
founding
of the
Federation
of GCC
Chambers
(FGCCC)
hosted
at the
Grand
Hyatt
Hotel in
Doha on
6-8
April
2010.
The
forum
held
under
the
generous
patronage
of His
Highness
Sheikh
Hamad
bin
Khalifa
Al Thani,
The Emir
of the
State of
Qatar.
During
the
event, a
Presentation
was made
on Oman
economy
and
investment
opportunities
in the
sultanate
by Eng.
Nisreen
Ahmed
Jaffar,
Director
General
of
Investment
Promotion.
The
Forum
provided
an
excellent
platform
to
showcase
the
developments
which
are
taking
place in
the
region
and the
opportunities
available
for
investment
in
various
sectors.
The
forum
organized
by the
FGCCC,
which is
the body
that
supports
and
promotes
business
development
of the
GCC's
private
sector
towards
commercial
and
economic
progress.
In the
first 30
years of
its
existence,
the
FGCCC,
in its
role of
supporting
the
GCC's
vision,
has
witnessed
the GCC
achieving
a
significant
degree
of cross
border
economic
and
political
cooperation
and
region-wide
improvements
in human
rights,
political
process,
education,
healthcare
and
energy
conservation.
The next
30 years
ambition
will be
for a
more
outward
facing
GCC
capitalizing
on those
foundations
with
increased
global
interaction
both
economically
and
politically.
Therefore;
this
event
represents
both a
landmark
and
watershed
in the
successful
development
of the
GCC.
Potential
becomes
actual.
Hence
the
event
name,
FGCCC
OUTLOOK
2010
Forum,
and its
positioning
line,
"Leading
the Next
30
Years".
The
increase
in
global
business
development
with a
view to
enhance
potential
for GCC
private
sector
companies
is the
centre
of
gravity
of the
forum.
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OCIPED
met the
Belgian
delegation
OCIPED
participated
in
receiving
a
commercial
delegation
from
Belgium
with
cooperation
of the
Arab
Belgium-Luxembourg
Chamber
of
Commerce
on 11th
April
2010. A
presentation
on Oman
economy
and
investment
opportunities
in the
sultanate
was made
by Mr.
Azzan
Bin
Qassim
Al
Busaidi,
Director
of
Planning
and
Follow
up. More
than 25
Belgian
companies’
representatives
attended
the
seminar
organized
by Oman
Chamber
of
Commerce
&
Industry.
The
seminar
provided
an
excellent
platform
to
showcase
the
developments
which
are
taking
place in
the
region
and the
opportunities
available
for
investment
in
various
sectors.
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OCIPED
participated
in the
official
greetings
for
Jewel of
Muscat
in
Cochin,
India
The
Jewel of
Muscat
has
arrived
safely
in
Cochin
on 15th
March
2010
after
covering
1300
miles in
28 days.
Dignitaries
from
Oman and
India
greet
the
crew,
then
celebrations
break
out on
the
quayside.
A
presentation
on Oman
economy
and
investment
opportunities
in the
sultanate
was made
by Mr.
Ishaq
Khalfan
Al-Busaidi,
Director
of
Investment
Promotion
Department.
Tens of
Indian
companies’
representatives
attended
the
seminar
discussed
the
investment
climate
and
potential
opportunities
for
partnership
in
different
sectors
between
both
sides.
The
seminar
provided
an
excellent
platform
to
showcase
the
developments
which
are
taking
place in
the
region
and the
opportunities
available
for
investment
in
various
sectors.
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OCIPED
in the
Sohar
Industrial
Port
Company
Eng.
Nisreen
Ahmed
Jaffer,
Director
General
of
Investment
Promotion
visited
the port
of Sohar,
where
she met
with Mr.
Jan H.
Meijer,
CEO of
Sohar
Industrial
Port and
Eng.
Jamal
Tawfiq
Aziz,
Executive
Vice
President
and
Chief
Operating
Officer
in the
Sohar
Free
Zone
about
the
latest
industrial
developments.
During
the
meeting,
they
pointed
out that
the
strategic
focus on
small
and
medium
enterprises
that
rely on
what has
been
achieved
from the
development
of
infrastructure
and
services
in the
port and
that are
likely
to
provide
citizens
and
local
firms
with job
opportunities.
They
also
mentioned
that as
the
provision
of air
transport,
railways
and
expansion
of
transportation
networks
would
make it
easier
for
importers
and
exporters
to ship
their
goods to
and from
regional
markets
and the
sub-continent
Indian.
At this
meeting
Eng.
Nisreen
had
shown
interest
to
attract
investors
to set
up their
projects
in the
Sohar
Free
Zone
because
of
organizational
and
financial
incentives
including
attractive
tax and
customs
exemptions.
Finally,
there
was
small
tour
around
the area
of Sohar
Free
Zone
with the
Customer
Service
Manager.
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OCIPED
participated
in the
Oman
Italian
Forum
The
Directorate
General
of
Investment
Promotion
of the
Omani
Centre
for
Investment
Promotion
and
Export
Development
(OCIPED)
in
coordination
with
Oman
Chamber
of
Commerce
and
Industry
(OCCI)
shall be
participating
at the
Oman
Italian
Forum
during
13 to 14
March
2010.
H.E
Khalil
Bin
Abdullah
Al
Khonji
Chairman
of Oman
Chamber
of
Commerce
and
Industry
received
the
Italian
delegation,
and
chaired
the
Italian
delegation
Mr.
Sergio
Marini,
Chairman
of
Arab-Italian
Chamber.
It
included
a number
of
business
owners
in
Italy,
around
85
companies
and
institutions
working
in the
areas of
Italy
and
different
sectors.
Eng /
Nisreen
Ahmad
Jaffar
Director
General
of
Investment
Promotion
will be
making a
presentation
on
investment
opportunities
between
the
Sultanate
of Oman
and
Italy.
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