News
Incentives Offered To Ensure Availability Of Basic Commodities In Oman

The second joint meeting between several competent departments on providing basic commodities in the local markets was held at the Ministry of Commerce, Industry and Investment Promotion today [March 20, 2022].
The meeting discussed many issues of priority pertaining to the food security sector. It also reviewed the developments and the availability of basic commodities in the markets of the Sultanate of Oman, like wheat, rice, and vegetable oils.
The meeting also took note of the mechanisms set to ensure price stability and the availability of all foodstuffs and consumer commodities in all markets of Oman’s governorates.
The meeting was chaired by Dr Saud Hamoud Al Habsi, the Minister of Agriculture, Fisheries and Water Resources, in the presence of His Excellency Qais Mohammed Al Yousef, the Minister of Commerce, Industry and Investment Promotion; Ahmed Nassir Al Bakri, the Undersecretary for Agriculture; Salayum Ali Al Hakmani, the Chairman of the Consumer Protection Authority (CPA); and Dr Saleh Said Masan, the Undersecretary for Commerce and Industry.
During the meeting, a package of incentives was announced to boost the food reserve in the local markets, including the provision of free food reserve stores for a number of foodstuffs imported directly from a number of target markets, as well as facilitating the import of these commodities through Omani ports.
The conferees affirmed the availability of all basic commodities and the stability of their prices during the holy month of Ramadan. The departments concerned, each according to its prerogatives, will ensure the availability and stability of the prices of basic commodities.
-
Automotive2 months ago
South Korea Plans to Support Auto Sector with US$2B Following US Tariffs
-
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
-
News2 months ago
Oman Oil Prices Witness Drop Amid Shifting Global Trade Dynamics
-
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
Sohar International Bank SAOG Announces Intention to Merge with Ahli Bank SAOG
-
Banking & Finance2 months ago
Bank Nizwa Signs MoU with Ministry of Endowments and Religious Affairs to Enhance Endowment Management & Islamic Finance Frameworks