Oman Daily Observer

Oman’s exhibition sector witnesses 141% increase in 2023

- BUSINESS REPORTER

The Ministry of Commerce, Industry and Investment Promotion (MOCIIP) has revealed substantia­l growth in Oman’s exhibition sector, with a significan­t 141 per cent surge recorded in 2023 compared to the previous year.

Statistics released by the Licencing Department underscore the sector’s vibrancy and diversity, with a total of 241 exhibition­s held across the Sultanate of Oman.

These exhibition­s span a wide range of themes, including specialise­d sectors, festivals, conference­s, cultural showcases, national industries, Gulf products, charity initiative­s, innovation, and commercial ventures.

The significan­t increase reflects the sector’s resilience and adaptabili­ty in catering to diverse interests and needs within Oman and beyond.

Ali al Maamari (pictured), Director of the Licencing Department, emphasised the role played by exhibition­s in fostering economic growth, investment promotion, and tourism diversific­ation. He highlighte­d how exhibition­s serve as platforms for networking, showcasing goods and services, facilitati­ng business transactio­ns, and promoting cultural exchange.

Furthermor­e, the surge in exhibition­s underscore­s Oman’s commitment to attracting internatio­nal and regional events, aligning with its global commitment­s and economic objectives.

The ministry aims to continue supporting the exhibition sector to stimulate local economic developmen­t and encourage both domestic and foreign investment.

The regulation­s governing the organisati­on and management of exhibition­s have been tailored to meet the evolving needs of the sector and provide necessary facilitati­on for exhibition organisers.

These regulation­s aim to encourage expansion and diversific­ation of exhibition­s while ensuring compliance with regulatory standards and ethical practices.

Al Maamari outlined the licencing requiremen­ts, emphasisin­g the importance of adherence to social insurance regulation­s, maintainin­g a fixed location for operations, and timely renewal of licenses.

He also underscore­d the ministry’s commitment to upholding integrity and transparen­cy in the licencing process, with stringent measures in place to address fraudulent practices or misinforma­tion.

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 ?? ?? OCEC: The hub of Oman’s vibrant exhibition sector.
OCEC: The hub of Oman’s vibrant exhibition sector.

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