Thursday 08 / May / 2025
Muscat: Oman Chamber of Commerce and Industry (OCCI), in collaboration with the Federation of Gulf Cooperation Council (GCC) Chambers, on Wednesday organised a workshop titled “Challenges Facing the GCC Private Sector within the GCC Common Market." The event was held at the Chamber’s headquarters in Muscat.
Zakariya Abdullah Al Saadi, CEO of OCCI, stated that the workshop aligns with the Chamber’s strategic efforts to support the private sector, in line with the priorities of Oman Vision 2040, which include improving the business environment and expanding economic diversification.
He emphasized that GCC countries have made significant strides toward economic integration, with the GCC Common Market being one of its key outcomes. Al Saadi stressed the importance of collaborative efforts among Gulf chambers to address challenges, enhance joint cooperation, and propose practical solutions to improve the efficiency of the GCC Common Market and support its objectives.
The workshop highlighted challenges faced by Oman’s private sector in intra-GCC trade, aiming to develop solutions. Key discussions focused on regulatory and legal hurdles in cross-border trade, logistics, customs procedures, financing, and investment in intra-GCC trade projects. The session also explored incentives and requirements for boosting trade among GCC states.
Attendees included Noora Abdulrahman Al Salim, Senior Director of Institutional Relations and Communication at the Federation of GCC Chambers, along with several business owners.
