The Oman International Development and Investment Company Co. SAOG (Ominvest) is to be the diamond sponsor of "Oman Economic Forum" that will be held under the title of "Oman a Bridge between Asia and GCC" on the 23rd and 24th of March at Shangri-La Barr Al Jissah Resort & Spa-Muscat.
The forum is organized by the Ministry of Commerce & Industry and Al-Iktissad Wal-Aamal Group, in cooperation with the State General Reserve Fund, the Central Bank of Oman and Oman Chamber of Commerce and Industry. It will discuss the latest developments in the Oman Economy and the available investment opportunities, as well as the Omani-Asian economic relations, and how they could be developed at all levels. The forum's program will tackle a number of topics including Oman's economic outlook, Oman's role as a bridge between Asia and the GCC, the key investment opportunities in the Sultanate, the investment prospects in Iran, the main factors attracting investments and the enhancement of entrepreneurship through SMEs.
The event is expected to host more than 500 participants, among whom investors and businessmen from the Sultanate of Oman and the Arab and foreign states, including over 100 global investment funds that are members of the CROSAPF community which will be holding its meetings in parallel with the forum, as well as official and commercial delegations coming from China, Japan, Iran, Turkey and other Asian countries.
The forum will be sponsored by Oman International Development and Investment Company Co. SAOG (Ominvest), given the latter's leading role as one of the longest established joint stock companies to be listed in the financial market. It built its success on solid foundations boosted by an ongoing strong performance of its investments' portfolio within the Sultanate and abroad, for more than 30 years.
The company's activities are focused in the fields of direct investment in numerous sectors, including banking services, insurance and real estate. As a specialized investment company for all sorts of financial investments, it keeps on exploring opportunities to increase and diversify its investments' portfolio locally and internationally. It also strives to embark on partnerships aiming at promoting Oman economy and fostering its role as an integrated group for financial and investment services.
Ominvest currently comprises 2171 shareholders including companies and individuals mostly from the Sultanate and the GCC countries. It adopts the global governance standards and has a long record of ongoing success, as it managed to make and distribute profits uninterruptedly ever since it was established in 1983.
Against this backdrop, CEO Abdul Aziz Al-Blushi stated that "the company's sponsorship of this event goes hand in hand with its policy of developing Oman's economy and activating the private sector's contribution to it".
"We started witnessing real opportunities in that framework in light of the government's decision to encourage and open the way for the private sector, and we hope that the forum that will come right after the 9th five-year plan kick-off, will allow the local and foreign investors to take notice of the multiple investment opportunities in the Sultanate", he added.
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© Press Release 2016
