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Reading: Ministry of Trade, Industry, and Investment Promotion and ASYAD Group Present Oman’s Investment Opportunity at AIM Congress 2024
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Gulf Press > Business > Ministry of Trade, Industry, and Investment Promotion and ASYAD Group Present Oman’s Investment Opportunity at AIM Congress 2024
Business

Ministry of Trade, Industry, and Investment Promotion and ASYAD Group Present Oman’s Investment Opportunity at AIM Congress 2024

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Last updated: 2024/05/09 at 9:08 AM
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The Ministry of Commerce, Industry, and Investment Promotion (MoCIIP) partnered with Asyad Group, Oman’s global integrated logistics provider, to showcase Oman as a premier investment destination at the 13th edition of the AIM Congress, held in Abu Dhabi. Under the theme ‘Adapting to A Shifting Investment Landscape: Harnessing New Potentials for Global Economic Development,’ the organizations effectively highlighted Oman’s unique value to the global investment community. This participation aimed to reinforce Oman’s commitment to promoting the Sultanate as an attractive investment destination with competitive advantages and incentives.

H.E. Ibtisam Ahmed Al Faroojiyah, Under-Secretary of the MoCIIP for Investment Promotion, expressed Oman’s honor in participating in the AIM Congress as represented by ‘Invest Oman.’ The global forum provided an ideal platform to showcase promising investment opportunities in Oman, aligning with the goals of Oman Vision 2040 for economic diversification and sustainable growth. The presentation of an investment paper highlighted opportunities in the Sultanate of Oman, emphasizing the competitive advantages and incentives aiming to attract potential investors and decision-makers from around the world.

Ahmed Ali Al Balushi, Chief Executive Asset Management Officer at Asyad Group, highlighted the Group’s role as a national facilitator for projects and business growth in Oman. By providing comprehensive integrated logistics solutions through various services and logistics assets, Asyad Group has established a global network connecting Omani ports with major commercial hubs worldwide. The transformation of Oman’s free and economic zones into global investment destinations has attracted significant foreign direct investment, further promoting Oman’s investment appeal on a global scale.

Omar Al Harthy, Senior Business Development Executive at Invest OMAN, presented a workshop at the AIM Congress, emphasizing the advantages of the investment environment in Oman and the main incentives provided to the business community. He introduced economic developments, investment laws, and facilitations offered by the Ministry of Commerce, Industry, and Investment Promotion. Yazin Al Busaidi, Business Development Director at Asyad Group, highlighted the company’s pivotal role in enabling regional and global trade through innovative, sustainable solutions and global partnerships within the integrated logistics ecosystem.

The participation of Oman at the AIM Congress provides international investors and entrepreneurs with the opportunity to discover the Sultanate’s competitive advantages and commercial incentives. Oman’s robust global logistics infrastructure positions it as a preferred investment destination for major international companies as well as a crucial commercial and logistics hub regionally and globally. The AIM Congress 2024, witnessing the participation of various national and international entities, offers numerous opportunities for networking and exploring investment projects in various fields through dialogue sessions, roundtable meetings, and high-level events.

In conclusion, Oman’s presence at the AIM Congress reaffirms its commitment to promoting itself as a lucrative investment destination with valuable incentives for potential investors. The strategic partnership between MoCIIP and Asyad Group highlights Oman’s unique value proposition, emphasizing its competitive advantages and robust logistics infrastructure. Through participation in global investment forums like the AIM Congress, Oman aims to attract extensive foreign direct investment, foster economic diversification, and promote sustainable growth in line with Oman Vision 2040.

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News Room May 9, 2024
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