MUSCAT : The Small and Medium Enterprises (SMEs) Committee of the Oman Chamber of Commerce and Industry convened for its third meeting of the year, chaired by Sheikh Rashid bin Amer Al Musalhi.

The committee’s discussions centered on the results of the year’s initiatives, including incentives for institutions updating their data in the “My Institution Sustainability Program” and the “My Share Program for Social Investment.” These programs, designed to sustain SME operations, aim to create real job opportunities for Omani researchers and contribute to social investment.

Addressing the critical need for employment, the committee also explored mechanisms for providing jobs in the translation sector, alongside ways to bolster the nation’s food security through strategic initiatives.

Sheikh Ahmed bin Amer Al Musalhi, Chairman of the Small and Medium Enterprises Committee, emphasized the collaborative effort needed to enhance the business environment for SMEs. He highlighted a joint working group involving key government bodies, including the Ministry of Labor, the Ministry of Commerce, Industry and Investment Promotion, and the Public Authority for Small and Medium Enterprises. This team will work towards the Chamber’s strategic vision of promoting SME growth, in line with Oman Vision 2040.

Additionally, a separate working group focused on recruitment offices was announced. This team will collaborate with several entities, including the Ministry of Labour, Royal Oman Police, and the Workers’ Union, to regulate the labour recruitment market.

For all the latest news from Oman and GCC, follow us on Twitter, Instagram and LinkedIn, like us on Facebook and subscribe to our YouTube page, which is updated daily.