Economy
Ithraa & Credit Oman Ink Cooperation Deal to Enhance Exports

The Public Authority for Investment Promotion and Export Development ‘Ithraa’ and the Export Credit Guarantee Agency (Credit Oman) signed a program for joint cooperation to enhance exports, explore potential markets for the Omani products and enhancing growth of the national economy.
As per the cooperation program, the two parties will share information and support related to investment in the Sultanate by facilitating procedures for the companies interested to do business in the Sultanate, providing training for staff, sharing studies, research and reports related to the targeted sectors and markets. The two parties will also join hands in attracting investments and carrying out marketing and promotional activities inside and outside the Sultanate.
The cooperation program was signed by Nasima bint Yahya al-Balushi, Director General of Export Development at ”Ithra’a” and Emad bin Saud al-Harthy, Acting CEO of Credit Oman.
Nasima al-Balushi, Director General of Export Development at ”Ithra’a” said that the cooperation comes as part of the efforts made to develop the Omani exports to foreign markets and exchange of information and data on attracting investments. She pointed out that Credit Oman is one of the supporting partners in this field through the export chain facilities they offer to Omani companies.
On his part, Emad bin Saud al-Harthy, Acting CEO of Credit Oman said that this cooperation is part of the integrated work system between ”Ithra’a” and Credit Oman to achieve the common aims related to enhancing exports and helping Omani exporters to promote their Omani products.
He pointed out that Credit Oman provides integrated services to experts either by providing advice and insurance cover that maintain the rights of exporters and provide assurance against business and non-business risk while transporting their products to various countries of the world.
-
News2 months ago
Aligning HR Strategies with Oman Vision 2040: A Roadmap for Organisational Growth – OER Business Summit 2025
-
OER Magazines1 month ago
OER, April 25
-
Alamaliktistaad Magazines1 month ago
Al-Iktisaad, April 25
-
Renewables3 weeks ago
Jindal Renewables and OQ Alternative Energy Sign Joint Development Agreement to Advance Integrated Renewable Power Projects in Oman
-
Banking & Finance2 months ago
Bank Nizwa Signs MoU with Ministry of Endowments and Religious Affairs to Enhance Endowment Management & Islamic Finance Frameworks
-
News2 months ago
Oman Signs Historic Agreement to Establish World’s First Liquid Hydrogen Corridor to Europe
-
Renewables1 month ago
Sembcorp’s 588MW Solar Power Plant In Oman Begins Commercial Operation
-
Banking & Finance1 month ago
How Bank Muscat is Pioneering Digital Solutions to Empower Customers
You must be logged in to post a comment Login