Muscat--- The Oman Chamber of Commerce and Industry (OCCI) today held a meeting with a delegation from the International Monetary Fund (IMF) in Muscat. The OCCI showcased economic developments in the Sultanate of Oman, major factors supporting the growth of non-oil sectors during 2026-2027 business year and opportunities for expanding economic activities and attracting investments.
The meeting also discussed efforts to enhance the competitiveness of the national economy. It laid emphasis on the need to continue the diversification of sources of income in line with the objectives of Oman Vision 2040.
The meeting was chaired by Eng. Hamoud Salim Al Saadi, Second Deputy Chairman of OCCI Board of Directors, and IMF official César Serra. It was attended by Eng. Ibrahim Abdullah Al Hosni, Member of OCCI Board of Directors, and representatives of companies operating in the main economic sectors.
The meeting was held within the context of the current visit to Oman by the IMF team of economists to discuss economic and financial policies.
Al Saadi told the IMF team that the private sector maintains its role as a key partner of the government in achieving the goals of economic diversification. He pointed out that Omani non-oil sectors boast a variety of promising opportunities for growth driven by infrastructure projects, expansion in investments (in the sectors of industry, logistics and tourism), in addition to digital transition and a motivating business environment.