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News >> Visit delegation from Republic of Yemen

Visit delegation from Republic of Yemen



In the framework of the decisions of the Ninth Session the Oman – Yemen Joint Committee meeting held in Muscat on1st March 2009, it was agreed that officials of the Omani Center for Investment promotion and Export Development (OCIPED) and General Investment Authority (GIA) at Republic of Yemen to share the experiences on the mechanism of promoting the investment and other related issues. In this context OCIPED organized two days programme for Mr. Marwan Farag Bin Ghanem General Manager and Mr. Abdulwahab Ali, Head of Technical Office of GIA on 28 – 29 June 2009 to visit Oman and to meet with various government bodies in the Sultanate such as Ministry of Commerce and Industry, Oman Chamber of Commerce, Knowledge Oasis Muscat (KOM) and Takamul. OCIPED also shared with the GIA the experiences, the mechanism adopted by OCIPED to attract local and foreign investment. Additionally, OCIPED shared to them the law, regulation and incentives the Sultanate provided and the services provided to Omani Exporters.

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OCIPED in coordination with the Iranian Foreign Investment Company is in the process of establishing a US$ 50 million capital Oman Iran investment company in order to further enhance the commercial and economic cooperation between the Sultanate of Oman and the Islamic Republic of Iran.

 
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