Muscat Small and medium-sized enterprises category represent 94 per cent of the total institutions in the country.
This fact was made known at the 45th anniversary of at the 45th anniversary of the Oman Chamber of Commerce and Industry (OCCI) on Monday.
The OCCI Chairman, Qais bin Mohammed al Yousef, said the OCCI is a key link between the government and business to ensure continuous cooperation to activate economic movement in the fields of trade and industry.
He highlighted the organisation’s efforts to develop Oman’s private sector and make it a key partner in economic and sustainable development.
The size of the Omani private sector has increased more than 141 times in the past 40 years from 2,425 in 1975 to 343,386 at the end of 2016, he added.
The ceremony was held under the auspices of His Highness Sayyid Shihab bin Tareq al Said, Adviser to His Majesty the Sultan, in the presence of their highnesses, ministers, under-secretaries, heads of federations of chambers of commerce and industry in the GCC and Arab countries.
The OCCI has introduced several e-services for membership registration, renewal of membership, extraction of a certificate (replacement allowance), change of name, change of categories, information request and booking halls at the chamber building.(Oman Observer)