Omantribune
Oman Tribune
Omantribune
Omantribune Search News
Web Oman
    Google Search Button
      Tribune
- Oman
- Soccer World Cup
- Other Top Stories
- Middle East
- Business
- Sports
- India
- Pakistan
- Asia
- Europe
- Americas
- Columnists
- Editorial
- Oman Mirror
- Special Features
- Cinema
- PDF Pages
- Weather
- Travel
- Currency Rate
- Hospitals
- Pharmacies
- Services
- Flight Timings
- Museum Timings
Omantribune Home Omantribune About Us Omantribune Advertising Information Omantribune Archives Omantribune Subscribe-Form Omantribune Jobs Omantribune Contact Us
Friday, October 24, 2014  

Oman to boost economic relations with Singapore
SINGAPORE The Omani-Singaporean Joint Committee on Wednesday sought to strengthen economic cooperation between the countries at its 11th session held at the Singaporean Foreign Ministry. The countries also discussed measures to boost investment in services and technology in the countries.

Hilal Bin Hamad Al Hasani, CEO of PEIE, said that both countries signed a memorandum of understanding to boost industrial productivity, development of food industry and competition in markets.

PEIE, through the Industrial Development Centre which is currently under development, will get help from Singapore to boost productivity, packaging and food industry that would activate and develop performance of the Sultanate’s industrial sector, he added.  

Further, Oman’s Information Technology Authority (ITA) sought more cooperation and investment from its Singapore counterpart.

Dr Salim Al Ruzaiqi, CEO of ITA, said that it had signed two agreements with a number of Singaporean companies in the field of IT for training Omani SME businessmen.

Eng. Said Bin Darwish Al Alawi, Health Affairs Advisor at the Ministry of Regional Municipalities and Water Resources, stressed the importance of taking advantage of Singapore’s expertise in the management of hazardous and non-hazardous wastes.  

The meeting also discussed cooperation in tourism sector. Eng. Mohammed Bin Mahmoud Al Zedjali, Director-General of Investors’ Services and Quality Management, stressed the importance of investment in the tourism sector in the Sultanate and sought cooperation and expertise from Singapore in the hotel industry, development of tourism sector.  

Moreover, the meeting also discussed cooperation between the Public Authority for Consumer Protection (PACP) and Consumer Protection Commission in Singapore.

Khalid Bin Mohammed Al Ma’amari, Director of PACP Complaints Departments, stressed the need to control markets stability and availability of goods. He also sought help for developing a mechanism for making statistical data on prices. HE Eng. Ahmad Bin Hassan Al Dheeb, Undersecretary of the Ministry of Commerce and Industry, who headed the Omani delegates, said that the economic ties between the Sultanate and Singapore aim to boost growth in various areas of trade and investment.

Regarding the investment fund signed by the countries, Al Dheeb said that the fund is under study and it will be used for financing a number of joint investment projects in the Sultanate in the coming period. 

Oman News Agency
NEWS UPDATES
Oman
Meeting recommends GCC centre for water treatment
Documentary on Oman screened in Paris
Oxy Oman signs deal to back SMEs
70 projects vie for HM e-governance award
Other Top Stories
US strikes hit militia in Kobani, Mosul dam
Canada House locked down, intruder shot dead
Sultanate, Abu Dhabi ink deal for first wind energy plant
Rowhani opposes bill to empower Islamic vigilantes
2 die after Ebola test sparks riot in Sierra Leone
Middle East
Four Blackwater guards guilty of ’07 Iraq killings
Unrest-hit Tunisian city sees no peace in sight as clock ticks on poll
Settlers grab land through shady deals
S. Arabia sentences 13 over plot to attack US soldiers
Iran lawyer up in arms over practice ban
Business
MSM surges 120 points on global cues, better earnings
Middle East equity issuance rises 43%
Middle East equity issuance rises 43%
Oil could fall to $70 range in coming months: Moody’s
India may allow foreign firms in commercial coal mining
Wipro posts 8% rise in Q2 profit
Tainted firms feel heat of India ‘clean-up’ drive
DLF seeks relief from market ban
Beijing fears rate cut may fuel debt, property bubble
Japan hit by growing trade deficit
Total appoints new CEO after death of De Margerie
Apec to follow ‘flexible’ policies
Sports
Champions League throws up goal feast
Modest Guardiola says Bayern can do better
Ton-up Younis stands tall for Pakistan
Johnson not in Akram’s league yet, says Waqar
Utd job too big for Moyes: Alex
Scotland lifts Ghala Valley Open crown
Almouj gear up for NBO Golf Classic
Oman Sail triumph in Sailing Champions League
Oman Sail triumph in Sailing Champions League
AIBA suspends boxer Sarita and coaches

Sports


International

© 2013 Oman Tribune. All rights reserved. Best viewed in 800 X 600 resolution