Oman Chamber of Commerce & Industry Establishes Foreign Investors Committee

The Oman Chamber of Commerce and Industry (OCCI) has established a Foreign Investors Committee under the chairmanship of Abdullatif Muhyiddin Khawanji, an OCCI board member. Other members nominated to the Foreign Investors Committee for the period 2023-2026 are: Davis Kallukaran, Ahmed Rayees, Dr Thomas Alexander, Sheikh Julanda al Hashmi, Ahmed Subhani, Naji Salim al Harthy, Alwyn, and Giovani Piazzolla. Sharouq Hamed al Farsi is the committee’s coordinator.

The committee formally met on Thursday under the chairmanship of Abdullatif Muhyiddin Khawanji at OCCI headquarters, in the presence of the legal advisor Ali al Khasbi. Sharouq Hamed al Farsi made the presentation on the sectoral committee’s structure, mandates, the mechanism of functioning, and the articles of association of the committee. Davis Kallukaran was unanimously nominated to be the vice-chairman of the Foreign Investors Committee. Kallukaran is also one of the founder directors of the Indo-GCC Middle East Chamber of Commerce (INMECC), incorporated in India and having chapters across the states of India and the Middle East countries, including Oman.

The new committee’s mandates include identifying obstacles and issues facing the private sector and trying to find solutions; preparing statistical reports to follow up on the recommendations; holding meetings with state officials and directly discussing the concerns and aspirations of the private sector; conformity with the proposed targets and Oman Vision 2040; study and review developments related to economic affairs; participation in seminars, conferences, and workshops; submitting recommendations to the concerned authorities; integration between sectoral committees in the main center and branches in the governorates.

The committee will also be engaged in managing internal and external delegations, holding specialized workshops, holding joint meetings with chamber branches, representing OCCI in meetings outside, representing the chamber in conferences and events, holding conferences and seminars, participation in meetings held in OCCI, hosting officials, establishing emergency work teams, and conducting studies in coordination with the chamber.