Ithraa Board meet with Eye on the Future

June 30, 2014 3:38 pm

Ithraa’s Board of Directors held its first meeting of 2014 at their headquarters in Airport Heights to discuss key upcoming projects and initiatives as well as the Authority’s 2013 achievements. The meeting was chaired by Sheikh Ali Al Balushi, Ithraa’s Acting Vice Chairman and attended by Assistant Chancellor, Ali Al Saidi, Sheikh Ibrahim Al Nabhani, Ayman Al Hasni and Saad Moosa Al Juneibi.

The meeting further showcased projects scheduled for 2015 highlighting how they will further support Ithraa’s mandate to develop Oman’s non-oil export portfolio and enhance inward investment levels. In addition, it also covered Ithraa’s financial statements for the fiscal year ending 31 December 2013 as well as signing off on the major areas of focus for the coming 12 months and discussing the draft 2015 budget.

By participating at major international trade shows and holding B-2-B matchmaking events that connect local manufacturers with international buyers, Ithraa is on target to meet this year’s goal of increasing Oman’s non-oil exports by 15%. “Ithraa’s program of events, particularly over the past year, has proven to be successful in raising the profile of Oman made products in mature and emerging markets,” remarked Ali Al Balushi, Ithraa’s Acting Vice Chairman.

He added, “The bedrock of every country’s success is premised on the strength of its export sector and the extent to which it is diversified and matures. Indeed, attracting inward investment and promoting non-oil exports is dependent on developing and maintaining deep international relationships. And irrespective of the global economic challenges facing us today, we’re making significant progress.”

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