MUSCAT : The ceremony, held under the auspices of His Highness Sayyid Dr. Kamil bin Fahd bin Mahmoud Al Said, Secretary General of the General Secretariat of the Council of Ministers, highlighted the program’s alignment with Oman Vision 2040 and aimed at empowering business owners, developing Omani companies to capitalize on the benefits and opportunities of commercial franchising.

His Excellency Faisal bin Abdullah Al Rawas, Chairman of OCCI, emphasized that the initiative seeks to support private sector institutions by preparing them to adopt proven commercial models and successfully enter new markets.

Eng. Hamoud bin Salem Al Saadi, Chairman of the Franchise Program Initiative, noted the remarkable turnout for the program’s third edition, with over 450 participants registered. He also highlighted the successes of the previous edition, which included consultations for 14 companies, training sessions for 155 participants, and field visits, resulting in 6 companies completing the program.

Zakaria bin Abdullah Al Saadi, CEO of OCCI, pointed out that the third edition aims to further improve the business environment, expand economic diversification, and bolster the economies of Oman’s governorates, in line with national development goals.

The event featured the signing of 6 commercial franchise development agreements between OCCI and participating companies, as well as 14 international and local franchise agreements. Six companies were honored for meeting all franchise requirements. A working paper on the importance of trademark registration and the usufruct system was also presented.

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