Muscat: The meeting, held at Al Barakah Palace, is seen as a significant boost to the private sector’s role in advancing Oman’s economic growth.

OCCI Chairman His Excellency Sheikh Faisal bin Abdullah Al Rawas commended His Majesty Sultan Haitham Bin Tarik’s personal engagement with Oman’s business community, calling it “Meeting His Highness is the biggest motivation for the Oman Chamber of Commerce and Industry, as the official representative of the private sector, to move forward in enhancing the growth and sustainability of the national economy and increasing its contribution to the GDP.” This interaction aligns with Oman’s Vision 2040 goals and strengthens the Chamber’s commitment to increasing the private sector’s GDP contribution.

Highlighting the mutual commitment between the public and private sectors, His Excellency Sheikh Faisal praised His Majesty’s recognition of the Financial and Economic Committee, the Ministry of Commerce, Industry, and Investment Promotion, and the Authority for SME Development. He noted that ongoing coordination with these entities has fostered a stronger investment environment through regular dialogues with business owners.

“We are honored today with this meeting, which reflects the high interest of the country’s leader in the private sector and its empowerment to play its role in leading a competitive economy integrated with the global economy, in addition to enhancing the effective partnership between the public and private sectors.” His Excellency Sheikh Faisal added.