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2014-02-21T00:00:00.000Z

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Wrong Faris Al Faris?

Mr. Faris Al Faris

Farsi Director of Export Markets Facilitation

Public Authority for Investment Promotion & Export Development

HQ Phone:

Public Authority for Investment Promotion & Export Development

Al Omaniya Lng Building

Muscat, Muscat Ruwi 117

Sultanate of Oman

Company Description

PAIPED supported the forum as part of its ongoing commitment to supporting major events in Oman that can help the development and economic prosperity of the Sultanate. The keynote addresses on the opening day of the forum made by Ahmed bin Abdulnabi Mac ... more

Find other employees at this company (35)

Background Information

Employment History

Director of Facilitation In Export Marketing
Omani Centre for Investment Promotion and Export Development

Affiliations

Secretary
TPO Network Awards

Secretary
5th Woman

Official Delegate
Deauville

Web References (19 Total References)


Mr.Faris Al Farsi Acting Director ...

www.paiped.com [cached]

Mr.Faris Al Farsi Acting Director General of Export Development, The Public Authority for Investment Promotion and Export Development (PAIPED) expressed the confidence that in spite of the global credit crunch the value of Non-Oil Omani origin exports will meet the target set for 2010 as per the Export Strategy prepared by PAIPED.

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Mr.Faris is upbeat as Non-Oil Omani Origin exports touched RO. 1963 Million during the year 2008 as against RO. 1291 Million during the year 2007 registering an impressive growth rate of 52%.
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Reduction in import tariffs in the target markets
Information provided to exporters on trade opportunities
Awareness created on the trade rules and procedures through workshops/ Seminars.
...
The Directorate General of Specifications and Measurements is an authority established to ensure that the standard of goods made in Oman stays consistently high.
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1. To develop Strategy for Non-Oil Omani origin exports.
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4. To Organize Workshop / Seminars on International Trade.
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These thrust products together accounted for 70% of total Omani origin non oil exports.
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Export Development Working Group has been formed with the senior officials from various industrial sectors and other supporting sectors.
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The market Study in Libya for 24 products is underway and should be ready by second half of 2009.
Mr.Faris Al Faris informed that PAIPED has set out an export target of RO 2117 Million for Non-Oil Omani origin products by 2010 and expressed the confidence that this can be easily met in spite of the global credit crunch. Mr.Faris Al Faris informed that PAIPED has set out an export target of RO 2117 Million for Non-Oil Omani origin products by 2010 and expressed the confidence that this can be easily met in spite of the global credit crunch.
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Mr.Faris thanked the Omani exporters for keeping the momentum in increasing Omani origin exports.
PAIPED sees huge opportunities for trade with Libya
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PAIPED have been regularly conducting market studies in target markets such as Yemen, Syria, Kenya, Tanzania, Iran and Sudan and have later organized matchmaking meetings between the Omani exporters and importers in the target markets.
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PAIPED have been regularly conducting market studies in target markets such as Yemen, Syria, Kenya, Tanzania, Iran and Sudan and have later organized matchmaking meetings between the Omani exporters and importers in the target markets.
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The non-oil Omani origin exports increased from R.O. 2.26 million during the year 2003 as against RO. 4.46 million 2007 registering Compounded Annual Growth Rate (CAGR) of 18%.
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The non-oil Omani origin exports increased from RO. 2.57 million during the year 2003 as against RO. 7.23 million 2007 registering Compounded Annual Growth Rate (CAGR) of 29%
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The non-oil Omani origin exports increased from RO. 2.19 million during the year 2003 as against RD. 9.92 million 2007 registering Compounded Annual Growth Rate (CAGR) of 46%. 2.19 million during the year 2003 as against RD. 9.92 million 2007 registering Compounded Annual Growth Rate (CAGR) of 46%.
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The non-oil Omani origin exports increased from RO. 2.57 million during the year 2003 as against RO. 12.6 million 2007 registering Compounded Annual Growth Rate (CAGR) of 49%.
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The non-oil Omani origin exports increased from RO. 12.19 million during the year 2003 as against RO. 27.26 million 2007 registering Compounded Annual Growth Rate (CAGR) of 22%
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Dr. Salem added that Libya with a population of 6.2 Million, GDP at current prices (2007) of US$ 62.06 Billion, Imports of over US$ 11 billion (2007) offers excellent market opportunity for Omani exporters.
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Moreover, no customs duty is levied by Libya on Omani products entering Libya as per the Greater Arab Free Trade Agreement (GAFTA).
...
Libyan economy benefitted from the lifting of sanctions and embargo in 2003, 2004 and has grown impressively in the last five years. Post 2003, there has been a slew of structural and policy changes that gave a fillip to the economy. Libya had greater access to international markets- this proved positive for both their exports and imports. The Libyan Government initiated a string of policy changes to attract private investment in commerce, make business more attractive and attract foreign investment in the country. Today, Libya has one of the fastest growing economies in Africa.
Libya is one of the fastest growing economies in Africa
Oil accounts for over 1/3rd of the Libyan economy, followed by education and healthcare services. The other key sectors in the economy are trade, hospitality and construction. All these sectors grew at double digits during the last 3 years.
Oil Dominates the Libyan GDP:
Large Government expenditure and private participation to boost economic growth in Libya:
Libya has embarked a large infrastructure and construction projects to build a stronger economy. The power output is set to double from 4,700MW to 9,700MW within the next five years at a projected cost of $7.5 Bn. The Libyan government has an ambitious project of the "Great Manmade River Project" the largest water development scheme in the world. This scheme is being built to bring water from large aquifers under the Sahara to coastal cities at an estimated cost of $30 Bn. The government is also planning the construction of 50,000 to 60,000 houses under the housing for all scheme along with revamping of around 334,450 sq.meters of existing office space by 2012. New airports are being planned at Tripoli and Benghazi and upgrade to 13 other airports at an estimated cost of $2.1 billion. All these construction projects will give a big fillip to building materials, electrical and engineering products.
The government is also opening up services sector with foreign participation. China, Italy, Russia, UK and USA are already participating in Libya's growth by investing in various sectors.
...
Valetta Bank (Malta), British Arab Commercial Bank (UK), Bawag PSK (Austria), HSBC, International Arab Bank (Egypt), the Swiss Bank Channel, and the Housing Bank of Amman are some examples of international banks going to open offices in Libya.
Mr. Faris Nasser Al Farsi, Acting Director General of Export Development of PAIPED, whose directorate is responsible for export development of Non-oil Omani origin exports, informed that unfortunately, the Omani exporters have not looked at Libya seriously in the past.
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The Sultanate of Oman exported just around $ 6 Million worth of products to Libya in 2007 that accounted for less than 1% of total Libyan imports. Exports of Omani origin products in 2007 to Libya are the lowest amongst key Greater Arab Free Trade Agreement (GAFTA) countries.
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PAIPED's Market Study in Libya to help Omani exporters
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Mr. Faris stated that PAIPED has identified Libya as a target market and has started a Market Study in Libya covering 32 Omani products with Avalon Consulting.
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Mr. Faris stated that PAIPED has identified Libya as a target market and has started a Market Study in Libya covering 32 Omani products with Avalon Consulting.
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4. Obtain feedback from key importers and other players in Libya on Omani exports in terms of
• quality • quantity • delivery schedules/logistics • commercial issues • Willingness to consider increased volumes from Omani sources. Factors which will drive the same
5. Conclusions will be drawn for each of the 32 identified products on
...
Willingness on increased sourcing from Oman, key factors which would drive the same.
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As part of this engagement, PAIPED plans to organize seminars on Exporting to Libya in Muscat and Salalah sometime in August 2009 to spread awareness of Libya as a good potential market to the exporting community.
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As part of this engagement, PAIPED plans to organize seminars on Exporting to Libya in Muscat and Salalah sometime in August 2009 to spread awareness of Libya as a good potential market to the exporting community.
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This would be followed by a Buyer Seller meeting in Tripoli and Bengazi during October/November 2009 in Libya.
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This would be followed by a Buyer Se


Muscat - Oman saw the value ...

www.paiped.com [cached]

Muscat - Oman saw the value of its non-oil exports rise to RO2.448 billion in 2010 a jump of 32.4 per cent over the previous year.

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Evidence shows there's a positive link between innovation, research and development and exporting, and this is where Omani companies are focusing their attention," commented the Authority's Faris Al Farsi, Acting Director General of Export Development.
Non-oil exports have increased significantly in minerals, up 52.8% on 2009; chemical products reached RO709 million, a rise of 129.6 per cent on the previous twelve months; and live animals and associated products grew by 27 per cent on 2009.
...
The 2010 non-oil export figures clearly demonstrate that Omani exporters are moving in the right direction and that efforts in helping domestic exporters find business in emerging markets such as Yemen, Kenya, Tanzania, Syria, Sudan, Iran, Libya and India are paying dividends.
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The 2010 non-oil export figures clearly demonstrate that Omani exporters are moving in the right direction and that efforts in helping domestic exporters find business in emerging markets such as Yemen, Kenya, Tanzania, Syria, Sudan, Iran, Libya and India are paying dividends.
...
The 2010 non-oil export figures clearly demonstrate that Omani exporters are moving in the right direction and that efforts in helping domestic exporters find business in emerging markets such as Yemen, Kenya, Tanzania, Syria, Sudan, Iran, Libya and India are paying dividends.
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"With regard more mature markets we've been helping local companies participate at major international trade shows in the US and Europe. We've also been encouraging Omani exporters to take advantage of the Oman-US Free Trade Agreement which has seen our non-oil exports to the US hit RO109.6 million in 2010 as against RO68.3 million in 2009.
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"We fully understand the important role the Authority is playing in facilitating the re-orientation of exports towards emerging markets like India and removing any regulatory barriers for Omani companies that wish to break into these countries by developing strong relationships with their governments," remarked Al Farsi.
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Adding: "Earlier this year we organized business matchmaking events in Mumbai and New Delhi where we partnered Omani exporters with Indian importers.
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Our efforts are paying off and given the progress we're making I fully expect us to hit the 2020 export target of RO6.2 billion," concluded the Acting Director General of Export Development.
Top
Lower Saxony Visits PAIPED
Muscat - Mrs. Nisreen Jaffar, Director General, Investment Department of the Public Authority for Investment Promotion & Export Development, played host to a Lower Saxony delegation on Wednesday which aims to strengthen business ties and promote trade between Oman and Germany. Muscat - Mrs. Nisreen Jaffar, Director General, Investment Department of the Public Authority for Investment Promotion & Export Development, played host to a Lower Saxony delegation on Wednesday which aims to strengthen business ties and promote trade between Oman and Germany.
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"Lower Saxony is one of Germany's great regions.
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Tourism is another area of common interest - Europe's leading travel group TUI is based in Hanover and with its 71,000 employees creates unforgettable holiday experiences for over 30 million global customers.
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Today, German companies are involved in both large and small-scale industrial projects in Oman.
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On the health front, Omani patients travel to Germany for state-of-the-art medical treatment. Moreover, co-operation in the healthcare sector is to be stepped up based on a memorandum of understanding signed by the respective Health Ministers in January of this year.
Tourism, the growing number of German tourists visiting Oman has tipped the balance of trade in Oman's favor and Germans currently make up the second largest group of visitors from Europe. Tourism, the growing number of German tourists visiting Oman has tipped the balance of trade in Oman's favor and Germans currently make up the second largest group of visitors from Europe.
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"Thanks to joint efforts, bilateral business relations are flourishing, bringing great benefits to our two peoples.
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Indeed, discussions, particularly with regard e-Services are ongoing between Omani and Estonian public and private sector organizations. We look forward to developing these discussions with our Estonian colleagues; discussions that will help attract Estonian investment and ICT know-how to Oman."
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Given Estonia's location at the crossroads of Western Europe, Northern Europe and the CIS markets it's strategically placed as a potential gateway to Scandinavia and Russia. Coupled with relatively low wages compared to other European countries, it has attracted large amounts of foreign investment.
"The mission was a success and I fully expect Estonia in particular and the Baltic states in general to play a more prominent role in our future investment and export activities," concluded Mrs. Nisreen.
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Muscat - As part of the Oman - South Africa Business Seminar Program held on Wednesday 16 November at the Al Bustan Palace Hotel, Mrs. Nisreen Ahmed Jaffer, Director General of the Investment Promotion Department at the Public Authority for Investment, Promotion & Export Development (PAIPED) delivered a 'Doing Business & Investment Opportunities in Oman' presentation to a packed hall of leading South African agro-processing, energy, construction, infrastructure, financial services and tourism business leaders.
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Muscat - As part of the Oman - South Africa Business Seminar Program held on Wednesday 16 November at the Al Bustan Palace Hotel, Mrs. Nisreen Ahmed Jaffer, Director General of the Investment Promotion Department at the Public Authority for Investment, Promotion & Export Development (PAIPED) delivered a 'Doing Business & Investment Opportunities in Oman' presentation to a packed hall of leading South African agro-processing, energy, construction, infrastructure, financial services and tourism business leaders.
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Mrs Jaffer's presentation covered a wealth of opportunities open to South African investors.
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Commenting: "Trade and enterprise have the power to change lives and today's presentation highlighted the exciting commercial possibilities Oman offers South Africa's business community."
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PAIPED plays a crucial role in courting the interest of foreign companies and the emerging economy of South Africa is of significant importance to today's business world.
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South Africa's economy has been completely overhauled since 1994 and bold macroeconomic reforms have boosted competitiveness, growing the economy, creating jobs and opening the country up to world markets. The country has abundant natural resources, well-developed financial, legal, communications, energy and transport sectors, a stock exchange ranked among the top 20 in the world, and a modern infrastructure supporting efficient distribution of goods throughout the southern African region.
"The Oman - South Africa Business Seminar will certainly go a long way in helping link Omani businesses with companies in South Africa that could benefit from our products and services, providing both sides with opportunities to develop beyond their borders.
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According to the Authority's Acting Director General of Export Development, Mr. Faris Nasser Al Farsi, an India Market Study Seminar was held in Muscat in late 2010, this was followed by a series of highly successful business matchmaking events in Mumbai and New Delhi, organized in co-ordination with the Omani Embassy in India, the Confederation of Indian Industry (CII) and New Delhi-based Avalon Consulting.
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Stating: "The Authority's study shortlisted 21 Omani products estimated at RO 9.62 billion.
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The sultanate's non-oil exports to India have grown rapidly over the past five years from RO70 million in 2005 to RO323.4 million in 2010 registering a compounded annual growth rate of 36 per cent.
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Analysis of trade between the two countries indicates that urea dominates Oman's non-oil exports to India.
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The Authority's Acting Director General of Export Development concluded: "High-profile business matchmaking events is one mechanism that we're using to increase Oman's non-oil exports to India.
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In addition to the existing Directorates of Export Development; Investment Promotion; and Administration and Finance; Directorates of Marketing and Media; and Research and IT Service have been added to the organization.
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The Export Development Working Group elected Mr. Salim Al Bortmany, Areej Vegetable Oils & Derivatives as its Chairman and Mr. Fahmy Al Hinai, Poly Products and Mr. M.C.


News

www.ociped.com [cached]

The Estonian companies operating in the field of information technology, discussed ways of cooperation between the two countries and benefit from the Estonian expertise in terms of electronic applications applied in Estonia and the possibility of cooperation in the field of traffic solutions and information security, ports and health.

...
Also, they looked for the investment opportunities in Sultanate of Oman. Also, they discussed cooperative perspectives between both countries and investment opportunities in Sultanate of Oman.
...
In Conclusion, the guest expressed his deep appreciation for the warm welcome and hospitality .Expressing satisfaction with the sequential development in the Sultanate, Confirming that this meeting is a chance to discuss the common factors among the economies of both countries. Especially that the Sultanate is witnessing a development and commercial growth . Moreover, there is a partnership between the two countries to activate and develop them.
His Excellency Dr. Salim Al Ismaily clarified the importance of exploiting the opportunities and exchanges the visit to enhance trade and investment between the two sides.
Top
One-Stop-Shop wins WSIS 2012 Project Prize .. Sultanate participates in the World Summit on the Information Society (WSIS) Forum 2012
The Ministry of Commerce and Industry's One-Stop-Shop has won a WSIS Project Prize in Geneva, Switzerland, in the category of e-business. This win was announced during the Opening Ceremony of the WSIS Forum 2012 event, which is taking place this week in the Swiss capital, Geneva, amid wide international participation of government bodies and institutions involved in IT, and private institutions and individuals concerned with IT from all over the world.
...
The Sultanate's delegation to the Forum is headed by Dr. Salim Sultan Al Ruzaiqi, CEO of the Information Technology Authority (ITA), and includes representatives of the Ministry of Education, the Ministry of Health, the Ministry of Commerce and Industry, the Telecommunications Regulatory Authority and Muscat Municipality.
...
The percentage of annual increase has reached more than 15%, with a total number of submitted applications of 223,091 at the end of 2011.
...
Being showcased are the Women Community Knowledge Centers (WCKC) and other initiatives in this area where the empowerment of women in the field of information technology is considered one of the main themes of this Forum.
...
The country has streamlined its business environment with GDP growth over 7% in 2011.
Recent economic growth has been fueled by significant domestic and international investment. Since 2004, investors have helped privatize more than US$1.2bn of state assets. These new businesses have contributed significantly to job creation, domestic production and export development.
...
Muscat - Mr. Ali Al Balushi, Director General, Administration & Finance of the Public Authority for Investment Promotion & Export Development (PAIPED), played host to a high-profile Singaporean business delegation on Monday which aims to strengthen business ties and promote trade between Oman and Singapore.
...
Sembcorp's US$1bn investment in the Salalah power project and Top Great Engineering's Duqm projects totalling US$30mn are a clear indication of Singapore's interest in the sultanate.
...
It makes sense for Oman and Singapore to explore ways to open up markets for each other in the Middle East, Africa and Asia region," commented Mr. Al Balushi.
...
Experts predict that by 2020, the GCC will be a US$2trn economy, providing nearly one-quarter of the world's oil supplies as well as increasing quantities of petrochemicals, metals and plastics.
...
Indeed, Singapore is particularly keen to develop markets in Africa and Oman could play a key role for third-country ventures, particularly in oil and gas and infrastructure.
...
Moreover, Oman could also provide Singaporean SMEs with an attractive base for those looking to increase trade with the Middle East and Africa.
...
Muscat - His Excellency Dr. Salem ben Nasser Al Ismaily, Chairman, Public Authority for Investment, Promotion & Export Development (PAIPED) played host to an Australian trade delegation earlier this week which aims to strengthen business ties between the two countries and promote trade.
...
Led by the Hon. Mark Vaile, former Deputy Prime Minister of Australia and Senator the Hon. Nick Sherry MP, Senator for Tasmania - the high-profile Australian delegation comprised of businesses operating in sectors ranging from industry, minerals to engineering.
...
Commenting on the meeting, HE Dr. Al Ismaily said: "Australia remains an attractive target for Omani exporters and investors, with highly favorable cross-sector opportunities. Indeed, the two countries have always enjoyed good trading relations. Our trade links include a broad range of manufactured and consumer goods, services and investment, as well as traditional commodities."
HE Dr. Al Ismaily went on to add: "PAIPED plays a crucial role in courting the interest of foreign companies and the economy of Australia is of significant importance to us."
Australia enjoys a close commercial relationship with Oman and trade with the sultanate has grown rapidly since the 1970s.
...
Wheat, dairy products and live sheep have been the foundation of that trade. In recent years, bilateral trade has also diversified rapidly, and today includes a much wider array of products including a burgeoning services sector.
Faris Al Farsi, PAIPED's Acting Director General of Exports said: "We've goods that are in high demand, and Omani companies are increasingly seeking out further opportunities in new markets and I'm confident that through such high-profile delegations trade relations between Oman and Australia will flourish." Faris Al Farsi, PAIPED's Acting Director General of Exports said: "We've goods that are in high demand, and Omani companies are increasingly seeking out further opportunities in new markets and I'm confident that through such high-profile delegations trade relations between Oman and Australia will flourish." Faris Al Farsi, PAIPED's Acting Director General of Exports said: "We've goods that are in high demand, and Omani companies are increasingly seeking out further opportunities in new markets and I'm confident that through such high-profile delegations trade relations between Oman and Australia will flourish."
...
Concluding, HE Dr. Al Ismaily remarked: "Our meeting will certainly help link Omani businesses with Australian companies that could benefit from their products and services, providing both sides with opportunities to develop beyond their own borders."
...
The Authority plays a crucial role in courting the interest of foreign companies and the emerging economies of Africa are of significant importance to today's business world. HE Dr. Al Ismaily's discussions with HE Dr. Fouad Mohadji focused on international business environments and the export of Omani products, particularly foodstuff and cement to the Comoros Islands.
The Comoros islands are an archipelago located in the Indian ocean about 480 kilometers west of the northern tip of Madagascar and 320 kilometers east of northern Mozambique.
This archipelago comprises four islands: Grande Comore, Anjouan, Moh?i and Mayotte.
...
Today, agriculture is the principal economic activity with crops grown both for domestic consumption and export. The major food crops are cassava, coconut, bananas, rice, sweet potatoes, pulses and corn. Vanilla, ylang-ylang, cloves, and copra have been the major export crops. The Comoros were the world's leading producer of the essence of ylang-ylang, an oil widely used in the perfume industry. The Islands were also the world's second-largest producer of vanilla. Today, the major imported items include cement, meat, rice, vehicles and petroleum products.
...
Muscat - Mr. Faris Al Farsi, Acting Director General, Export Development Department at the Public Authority for Investment, Promotion & Export Development (PAIPED) played host to a Russian trade delegation on Sunday which aims to strengthen business ties between the two countries and promote trade.
...
Muscat - Mr. Faris Al Farsi, Acting Director General, Export Development Department at the Public Authority for Investment, Promotion & Export Development (PAIPED) played host to a Russian trade delegation on Sunday which aims to strengthen business ties between the two countries and promote trade.
...
Discussions focused on the current global economic situation and potential areas of commercial co-operation.
Russia remains an attractive target for Omani exporters an


News

www.ociped.com [cached]

The Estonian companies operating in the field of information technology, discussed ways of cooperation between the two countries and benefit from the Estonian expertise in terms of electronic applications applied in Estonia and the possibility of cooperation in the field of traffic solutions and information security, ports and health.

...
Also, they looked for the investment opportunities in Sultanate of Oman. Also, they discussed cooperative perspectives between both countries and investment opportunities in Sultanate of Oman.
...
In Conclusion, the guest expressed his deep appreciation for the warm welcome and hospitality .Expressing satisfaction with the sequential development in the Sultanate, Confirming that this meeting is a chance to discuss the common factors among the economies of both countries. Especially that the Sultanate is witnessing a development and commercial growth . Moreover, there is a partnership between the two countries to activate and develop them.
His Excellency Dr. Salim Al Ismaily clarified the importance of exploiting the opportunities and exchanges the visit to enhance trade and investment between the two sides.
Top
One-Stop-Shop wins WSIS 2012 Project Prize .. Sultanate participates in the World Summit on the Information Society (WSIS) Forum 2012
The Ministry of Commerce and Industry's One-Stop-Shop has won a WSIS Project Prize in Geneva, Switzerland, in the category of e-business. This win was announced during the Opening Ceremony of the WSIS Forum 2012 event, which is taking place this week in the Swiss capital, Geneva, amid wide international participation of government bodies and institutions involved in IT, and private institutions and individuals concerned with IT from all over the world.
...
The Sultanate's delegation to the Forum is headed by Dr. Salim Sultan Al Ruzaiqi, CEO of the Information Technology Authority (ITA), and includes representatives of the Ministry of Education, the Ministry of Health, the Ministry of Commerce and Industry, the Telecommunications Regulatory Authority and Muscat Municipality.
...
The percentage of annual increase has reached more than 15%, with a total number of submitted applications of 223,091 at the end of 2011.
...
Being showcased are the Women Community Knowledge Centers (WCKC) and other initiatives in this area where the empowerment of women in the field of information technology is considered one of the main themes of this Forum.
...
The country has streamlined its business environment with GDP growth over 7% in 2011.
Recent economic growth has been fueled by significant domestic and international investment. Since 2004, investors have helped privatize more than US$1.2bn of state assets. These new businesses have contributed significantly to job creation, domestic production and export development.
...
Muscat - Mr. Ali Al Balushi, Director General, Administration & Finance of the Public Authority for Investment Promotion & Export Development (PAIPED), played host to a high-profile Singaporean business delegation on Monday which aims to strengthen business ties and promote trade between Oman and Singapore.
...
Sembcorp's US$1bn investment in the Salalah power project and Top Great Engineering's Duqm projects totalling US$30mn are a clear indication of Singapore's interest in the sultanate.
...
It makes sense for Oman and Singapore to explore ways to open up markets for each other in the Middle East, Africa and Asia region," commented Mr. Al Balushi.
...
Experts predict that by 2020, the GCC will be a US$2trn economy, providing nearly one-quarter of the world's oil supplies as well as increasing quantities of petrochemicals, metals and plastics.
...
Indeed, Singapore is particularly keen to develop markets in Africa and Oman could play a key role for third-country ventures, particularly in oil and gas and infrastructure.
...
Moreover, Oman could also provide Singaporean SMEs with an attractive base for those looking to increase trade with the Middle East and Africa.
...
Muscat - His Excellency Dr. Salem ben Nasser Al Ismaily, Chairman, Public Authority for Investment, Promotion & Export Development (PAIPED) played host to an Australian trade delegation earlier this week which aims to strengthen business ties between the two countries and promote trade.
...
Led by the Hon. Mark Vaile, former Deputy Prime Minister of Australia and Senator the Hon. Nick Sherry MP, Senator for Tasmania - the high-profile Australian delegation comprised of businesses operating in sectors ranging from industry, minerals to engineering.
...
Commenting on the meeting, HE Dr. Al Ismaily said: "Australia remains an attractive target for Omani exporters and investors, with highly favorable cross-sector opportunities. Indeed, the two countries have always enjoyed good trading relations. Our trade links include a broad range of manufactured and consumer goods, services and investment, as well as traditional commodities."
HE Dr. Al Ismaily went on to add: "PAIPED plays a crucial role in courting the interest of foreign companies and the economy of Australia is of significant importance to us."
Australia enjoys a close commercial relationship with Oman and trade with the sultanate has grown rapidly since the 1970s.
...
Wheat, dairy products and live sheep have been the foundation of that trade. In recent years, bilateral trade has also diversified rapidly, and today includes a much wider array of products including a burgeoning services sector.
Faris Al Farsi, PAIPED's Acting Director General of Exports said: "We've goods that are in high demand, and Omani companies are increasingly seeking out further opportunities in new markets and I'm confident that through such high-profile delegations trade relations between Oman and Australia will flourish." Faris Al Farsi, PAIPED's Acting Director General of Exports said: "We've goods that are in high demand, and Omani companies are increasingly seeking out further opportunities in new markets and I'm confident that through such high-profile delegations trade relations between Oman and Australia will flourish." Faris Al Farsi, PAIPED's Acting Director General of Exports said: "We've goods that are in high demand, and Omani companies are increasingly seeking out further opportunities in new markets and I'm confident that through such high-profile delegations trade relations between Oman and Australia will flourish."
...
Concluding, HE Dr. Al Ismaily remarked: "Our meeting will certainly help link Omani businesses with Australian companies that could benefit from their products and services, providing both sides with opportunities to develop beyond their own borders."
...
The Authority plays a crucial role in courting the interest of foreign companies and the emerging economies of Africa are of significant importance to today's business world. HE Dr. Al Ismaily's discussions with HE Dr. Fouad Mohadji focused on international business environments and the export of Omani products, particularly foodstuff and cement to the Comoros Islands.
The Comoros islands are an archipelago located in the Indian ocean about 480 kilometers west of the northern tip of Madagascar and 320 kilometers east of northern Mozambique.
This archipelago comprises four islands: Grande Comore, Anjouan, Moh?i and Mayotte.
...
Today, agriculture is the principal economic activity with crops grown both for domestic consumption and export. The major food crops are cassava, coconut, bananas, rice, sweet potatoes, pulses and corn. Vanilla, ylang-ylang, cloves, and copra have been the major export crops. The Comoros were the world's leading producer of the essence of ylang-ylang, an oil widely used in the perfume industry. The Islands were also the world's second-largest producer of vanilla. Today, the major imported items include cement, meat, rice, vehicles and petroleum products.
...
Muscat - Mr. Faris Al Farsi, Acting Director General, Export Development Department at the Public Authority for Investment, Promotion & Export Development (PAIPED) played host to a Russian trade delegation on Sunday which aims to strengthen business ties between the two countries and promote trade.
...
Muscat - Mr. Faris Al Farsi, Acting Director General, Export Development Department at the Public Authority for Investment, Promotion & Export Development (PAIPED) played host to a Russian trade delegation on Sunday which aims to strengthen business ties between the two countries and promote trade.
...
Discussions focused on the current global economic situation and potential areas of commercial co-operation.
Russia remains an attractive target for Omani exporters an


Traders, Exporters, Re-exporters, and Producers - Trade and Export Middle East

www.tradeandexportme.com [cached]

Faris Nasser Al Farsi, Acting Director General of Export Development at PAIPED, discusses the trade opportunities, challenges, sectors and trends for exporters and importers in the Middle East region,...

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