OCCI board approves budget

Energy Sunday 31/December/2017 22:53 PM
By: Times News Service
OCCI board approves budget

Muscat: The Board of Directors of Oman Chamber of Commerce and Industry (OCCI) held a meeting on Sunday under the chair of Said bin Saleh Al Kiyoumi, Chairman of OCCI Board of Directors.
The meeting discussed and approved the draft general budget of the Chamber for 2018, after taking into account the observations made by members of the board on the presented draft budget.
The total approved budget of the Chamber for 2018 is OMR10.5 million and is expected to achieve a revenue surplus of OMR1 million, which will enhance the Chamber’s performance and increase its contribution in the coming years to achieve a set of objectives and aspirations related to its mission in serving the national economy, institutions and companies of the private sector and contribute effectively to the events on the economic arena in the Sultanate and abroad.
The Board of Directors will make the financial statements and final accounts for the period 2013-2016 available at its headquarters for all interested persons.
It will be discussed and approved during the general assembly meeting of the Chamber, which is scheduled to be held in January at the headquarters of the Chamber in the presence of companies and institutions that renewed their membership until the end of December 2017.
All companies interested in attending the meeting should register in advance for the purpose of achieving a quorum for holding the meeting, minimum 200 members of the Chamber.
In case of non-quorum, another meeting shall be convened within 15 days from the date of the first meeting with whoever member that attend.