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Stress on stable prices

Mon, 02 July 2012

MUSCAT — The role of private sector establishments in providing the needs of the local market and maintaining stability of prices during Ramadhan, industrial planning, current and future expansions in industrial estates in Muscat and other governorates, government’s plans to further develop tourism sector and projects and the role of the Sultanate’s diplomatic missions abroad to promote investment in the Sultanate will be discussed during the Ramadhan evenings to be hosted by Oman Chamber of Commerce and Industry (OCCI) next month.

The OCCI chief called upon traders, especially foodstuff dealers to provide adequate quantities of foodstuff and maintain stable prices and provide multiple and renewed options to consumers at competitive prices. Khalil bin Abdullah al Khonji, OCCI Chairman, said the role of OCCI in providing the needs of the local market and ensuring stable prices during Ramadhan will also be discussed.

Al Khonji said that OCCI has adopted the idea of organising Ramadhan evenings with special focus on development, economy and investments. He added that the evenings hosted over the years many officials from the government, private sector and civil society organisations, as well as leading figures in their fields. He said that the evenings have achieved much of its goals and provided an opportunity for meaningful dialogue among different sectors, leaderships and contributed largely in bringing solutions to many challenges being faced by business and investment sector in the country.

The OCCI chairman said that chamber continues to organise Ramadhan evenings taking into account current developments in the economic and developmental fields. He affirmed that the evenings this year come totally renewed in terms of personalities hosted, themes and subjects to be raised and expected attendance. Al Khonji said that this year's programme is distinctive with the participation of several ministers, under-secretaries and those involved in public and private sectors, as well as different establishments in the society.

He added that OCCI will host on July 24 Ali bin Masoud al Sunaidy, Minister of Commerce and Industry, who will talk on the establishment and growth of business and investments in the Sultanate including small and medium enterprises (SMEs) and mechanisms of support to such enterprises. OCCI will host Shaikh Mohammed bin Said al Kalbani, Minister of Social Development, and chairmen of a number of civil societies operating in the field of service to people with disabilities. The OCCI organises this evening as part of its corporate social responsibility towards different segments of the society particularly the disabled and those with special needs.

The OCCI chairman said that the OCCI will host Ahmed bin Abdullah al Shuhi, Minister of Regional Municipalities and Water Resources, as well as the Chief Executive Officer (CEO) of the Public Establishment for Industrial Estates (PEIE). He added that OCCI will also host Ahmed bin Nasser al Mehrzi, Minister of Tourism, along with CEOs of Omran and Oman Air to talk about the government's plans to boost tourism sector and the projects being implemented by the companies concerned.

Al Khonji said that OCCI will also host Badr bin Hamad al Busaidy, Secretary-General of the Foreign Ministry, to discuss the role of the Sultanate's diplomatic missions abroad to promote investment in the Sultanate, as well as issues pertaining to commerce and investment. He added that OCCI will also host chairmen of the Public Authority for Manpower Register (PAMR) and General Union of Workers of the Sultanate to talk about the manpower in the private sector and labour relations.

The OCCI chairman stressed the importance of the participation of businessmen and those interested in trade and investment in the evenings. He touched on the role of OCCI in collaboration with stakeholders and the private sector's establishments to provide needs of the local market of foodstuff and maintaining the stability of prices during the holy month of Ramadhan.