Search Site

Trends banner

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

SCCI and Oman Chamber aim to boost investment cooperation

Officials from the Sharjah Chamber and Oman Chamber hold talks in Sharjah. (WAM)
  • The two chambers discussed opportunities in several sectors, with a specific focus to support start-ups
  • The delegation from Oman invited the private sector in Sharjah to take part in the Suhar Investment Forum

Sharjah, UAE–The Sharjah Chamber of Commerce and Industry (SCCI) and the Oman Chamber of Commerce and Industry (OCCI) discussed ways of enhancing cooperation in the investment field and developing mechanisms for promoting the joint efforts aimed at supporting the business community in Sharjah and Oman.

The two sides explored promising opportunities in all sectors, with a focus on supporting the growth of start-ups and benefiting from the tourism and commercial potential enjoyed by SCCI and OCCI.

This came during a meeting held at the chamber between Waleed Abdul Rahman Bukhatir, Second Vice Chairman of Sharjah Chamber of Commerce and Industry, and Saeed bin Ali Al Abri, Chairman of OCCI’s branch in North Batinah Governorate.

The meeting was attended by Maryam Saif Al Shamsi, Assistant Director-General for the Support Services Sector at SCCI, Rashid bin Salem Al Ghafri, Director of OCCI’s branch in North Batinah Governorate, Jamal Saeed Buzangal, Director of the Media Department at SCCI, and Ali Abdullah Al Jari, Director of the Sharjah Export Development Centre.

During the meeting, the Omani delegation invited the private sector in Sharjah to take part in the Suhar Investment Forum 2024 slated to be held in North Batinah Governorate on 26-27 February.

They also examined means of strengthening joint cooperation on exchanging trade delegations and organising commercial events between Sharjah and the Omani governorate.

SCCI and OCCI discussed cooperation in training and qualification programmes, where the Sharjah Chamber of Commerce and Industry expressed its willingness to teach courses for Omani university students in economic and administrative specialisations.