Economy
Committee For National Industries Development, Omani Products Support Holds First Meeting
Muscat: The Committee tasked with developing national industries and supporting Omani products held its first meeting of the year today under the chairmanship of Qais Mohammed al-Yousef, Minister of Commerce, Industry and Investment Promotion, in the presence of representatives of government departments concerned.
The committee supervises the implementation of the Industry Strategy 2040. It seeks to develop converting industries, keep pace with technology and knowledge updates. It explores ways to inculcate the culture of industrial innovation, draft programs and mechanisms for enhancing the contribution of small and medium enterprises (SMEs) to the industrial sector, and improving product quality.
The committee also specializes in drafting strategies, policies, procedures, and principles for applying added value in the industrial sector, generating new investment opportunities (to substitute imports and foster exports), and devising programs for the promotion of Omani products quality with the aim of augmenting the volume of sales in local and international markets.
Recently, the Ministry launched a campaign titled “Made in Oman” in partnership with government and private sectors. The campaign aimed to support Omani products, promote them locally and internationally, find marketing outlets for local products and boost SME exhibits in shopping centers in various governorates of the Sultanate.
-
OER Magazines2 months ago
OER, September 2024
-
Uncategorized1 month ago
Oman Oil Marketing Company partners with Ihsaan Association to support its activities
-
Commodities2 months ago
Gold Rangebound as Investors Brace for Key US Economic Data
-
OER Magazines3 weeks ago
Signature, October 24
-
Alamaliktistaad Magazines3 weeks ago
Al-iktisaad, October 24
-
Banking & Finance2 months ago
Apple Pay Officially Launched in Oman
-
Oil & Gas1 month ago
OQEP Appoints United Securities as Liquidity Provider Ahead of Landmark MSX Listing
-
Lifestyle2 months ago
Royal Opera House Muscat Welcomes First Shows of its 2024/25 Season