Tuesday, November 3, 2026

OCCI Engages with IMF Delegation to Discuss Economic Developments

Muscat:Eng. Hamoud Salim Al Saadi, the Second Deputy Chairman of the Board of Directors of the Oman Chamber of Commerce and Industry (OCCI), welcomed a delegation from the International Monetary Fund (IMF) today. The IMF delegation was led by Abdullah Al Hassan, Chief of the IMF Mission to the Sultanate of Oman.

According to Oman News Agency, the visit is part of the IMF's routine consultations with member states, aimed at evaluating economic and financial developments within Oman. The discussions focused on enhancing the role of the private sector in the national economy and exploring investment opportunities in promising sectors, which are vital for economic diversification and achieving the objectives of "Oman Vision 2040."

During the meeting, Eng. Al Saadi emphasized the importance of this engagement with IMF experts to foster dialogue on national economic progress and future outlooks. He highlighted the Chamber's efforts to address challenges faced by the private sector and its commitment to communicating the needs of the business community to relevant authorities. This dialogue is intended to facilitate the growth of Omani institutions, especially in value-added sectors and promising investment avenues.

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