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On April 19, OABC partnered with AmCham Kuwait in collaboration with Microsoft for a live webinar on ‘Achieving Growth with Microsoft for Startups’. The virtual webinar was organized with the support of AmCham Abu Dhabi, AmCham Bahrain and AmCham Qatar.

We give special thanks to Mr Roberto Croci, Managing Director of Microsoft for start-ups Middle East and Africa Region, for his insightful discussion.

Thank you to everyone else who participated in this event.

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On April 7, OABC partnered with AmCham Kuwait and Dubai for a live webinar on How to Franchise U.S. brands, the Legal Aspects of Franchising, and Investing in the USA.
Presenters:
Joel Stewart- Founder of International Franchise Marketplace
Fady Ghanem- Partner, Corporate Restructuring, Al Tamimi & Company
Shari Stout- Senior Commercial Officer, U.S. Commercial Service-Kuwait
We would like to thank all of the participants, and we hope you found the discussion to be fruitful to your own investment goals!
Please reach out to us if you would like to get in touch with the presenters.
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The April 6 event connected Omani and U.S. companies with information on Oman’s new economic stimulus plan and answered questions from U.S. investors interested in Oman

 

MUSCAT, OMAN: On April 6th, the Oman American Business Center (OABC) hosted a Virtual Majlis with Oman’s Minister of Commerce, Industry, and Investment Promotion, H.E. Qais Al Yousef.

The session presented a unique opportunity for members of the OABC to engage and ask specific questions to better understand the vision and future plans of MOCIIP.  His Excellency Qais Al Yousef discussed incentives for foreign investors and other key information about how the plan will impact the future and Oman’s Vision 2040. The session also addressed business continuity and steps to mitigate the challenges faced by companies due to the pandemic.

OABC President and Chairman Ali Daud opened the session and thanked the official guest of honor: U.S. Ambassador to Oman, Leslie Tsou, before introducing His Excellency and the session’s moderator, OABC Board Member and Treasurer, William Crew of Inspired Solutions.

OABC compiled a list of questions received from its member companies, and during the event, executives were also given the opportunity to ask questions directly via chat.

“We commend His Excellency’s willingness to sit down together and engage with questions from the business community,” says Daud. ”We trust that this first virtual majlis may pave the way for more interaction, discussion, and future sessions between the public and private sectors within Oman.  We would also like to thank our partner, the Bilateral US-Arab Chamber of Commerce, who supported the invitation of their membership as well to this event.”

 

“It is notable that in spite of, and even because of, the difficult and unique situation the world is facing today, U.S. companies can learn about what Oman has to offer through an online platform rather than physical travel,” continues Daud. “We hope that new opportunities and connections will be made through these efforts and initiatives during this time, as well as the future, as Oman moves towards its Vision 2040.”

 

As the official affiliate of the US Chamber of Commerce in Oman (AmCham Oman), the OABC promotes understanding, partnerships & other matters of mutual economic interest between business communities in Oman and the United States.

 

Formed in 2003, the OABC’s mission is to foster the development of commercial activity between Oman and the United States.  With 30 events annually and over 160 member companies, OABC is Oman’s most active business council and networking group.

 

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Thank you to each of our U.S. Chamber of Commerce affiliates in the GCC who attended our Regional Speed Networking event on Monday, April 5.

The evening was a fun and relaxed way to network and meet with dozens of other professionals in the GCC. Every attendee was given the opportunity to share their business with others.

The event also celebrated the launch of the Regional Linked In group: “Members of AmChams in the GCC”. This group will serve as a professional development and networking group where current AmCham members may post articles, questions, opportunities, promotions, job postings, and discussion topics.

As a bonus, Mr. Tamami offered free consulting sessions for all attendees and their sales and marketing teams.

Last, we give special thanks to Del Monte for sponsoring the event’s raffle – 3 lucky members are going to win a box of their incredible dates, or a gorgeous, healthy fruit basket, depending on the winner’s country of residence. All attendees are entered to win, and we will announce these winners on our LinkedIn group on Thursday, so please make sure you request to join the group!

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In line with its mission to foster the development of trade and commercial activity between Oman and the United States, the Oman American Business Center (OABC) hosted an informational webinar on March 3, entitled ‘Introduction to the Export-Import Bank of the United States (EXIM),’ in partnership with the U.S. Embassy
Muscat.

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The session featured opening remarks by OABC Vice President Fouad Eid, H.E. Asila bint Salim al-Samsami, Undersecretary of the Ministry of Commerce, Industry, and Investment Promotion, and U.S. Ambassador Leslie Tsou, followed by a presentation by Rick Angiuoni, Business Development Specialist and Regional Director of Africa, EXIM.

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Mr. Angiuoni discussed the International Buyers Program, with loan guarantees and direct loans for international companies, long-term financing of up to 14 years, and details on accessing specific opportunities. He also led the Q + A.

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If you were unable to attend or would like to review the session, please find the full recording here and the presentation here.

Rick also expressed his willingness to be contacted by members, so please save his address for your records: rick.angiuoni@exim.gov.

 

What is EXIM?

The Export-Import Bank of the United States (EXIM) is the official export credit agency of the United States. EXIM supports the purchases of US-made capital equipment and ancillary services by creditworthy international buyers that cannot obtain credit through traditional trade finance sources. EXIM offers trade financing solutions and helps turn business opportunities into real transactions.
EXIM does not compete with private-sector lenders but provides financing products that fill the gaps in trade financing. It assumes country and credit risks that the private sector is unable or unwilling to accept. EXIM also helps to level the playing field for U.S. companies by matching the financing that other governments provide to their exporters. In more than 85 years of operation, EXIM has supported more than $400 billion of U.S. exports to international markets.
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In line with its mission to update, inform, and connect Oman’s business community, the Oman American Business Center (OABC) hosted ‘Workforce Planning: Key Trends in Immigration, Travel, and Labor Policies’, with speakers from Fragomen, CMS Oman, and Qatar Airways on February 22, for OABC members and special guests.
 
“The Covid-19 pandemic has certainly created significant obstacles for companies in Oman, especially regarding workforce requirements,” says Rebecca Olson, Executive Director of the OABC.  “There is an increased need to respond quickly and effectively to employee mobility challenges while continuing to comply with evolving travel requirements, increased focus on Omanization and precautionary restrictions. Planning is vital to ensure companies navigate this complex landscape,” says Shayan Sultan, Director of Fragomen.
 

Given the strategic importance of maintaining and refreshing the talent in Oman, the session examined current immigration and labor policies, and discussed what workforce planning and mobilization look like for companies now and in the near future.

Shayan Sultan, Director – Middle East and North Africa at Fragomen, Ajay Jacob, Regional Manager GCC at Qatar Airways, and Ben Ewing, Partner at CMS Oman, each presented in turn, leaving time for Q & A.

The Oman American Business Center (OABC) is best known for hosting high-level professional networking events and informational sessions for professionals across the Sultanate.

As the official affiliate of the U.S. Chamber of Commerce in Oman, the OABC is devoted to supporting the development of commercial relations between Oman and the U.S., and also focuses heavily on networking Oman’s business community through unique events, knowledge-sharing events, and programs year-round.

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On February 15, OABC partnered with five other AmChams in the GCC region for a live webinar on “Intellectual Property Law Updates in the Region, including GCC Patent Office Developments” with Peter C. Mehravari, U.S. Intellectual Property Attache for Middle East and Africa Patent Attorney.

Peter has also offered one-to-one support for OABC members. Members that wish to reach out to him, please email us for the contact details.

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On February 10th, OABC partnered with five other AmChams in the GCC region for a live webinar on “U.S. Political Panel Forum”. 

The event offered a bi-partisan look at the current U.S. political landscape, and included an interactive Q + A session. 

In case you missed it or would like to review the session, you can access the webinar recording here. In addition, here are two articles that are relevant to the U.S. Political Panel discussion:
 
Polarization and the Decline of Economic Voting in American National Elections” co-authored by Dr. Joseph Ura, one of the panelists.
 

Michigan’s Top Republican Falsely Calls U.S. Capitol Attack A ‘Hoax” from Dr. Clyde Wilcox as a follow up to one of the discussions.

 

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OABC’s first in-person, outdoor, networking event of 2021: OABC’s App Launch Event was sponsored by Hormuz Grand Muscat, A Radisson Collection Hotel.
The evening brought together over 100 members of the Oman American Business Center (AmCham Oman), from member executives to Oman’s decision-makers. The evening allowed to connect with members of the OABC, old and new, over canapes, drinks and a stunning venue.

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The new application was sponsored by HSBC, a Premium Member of the OABC.
We also give special thanks to our Safety Partner: The National Detergent Company for sponsoring sanitisation and cleaning products for the evening, and for every member to take home.
As a special treat, every member that downloaded the app also received a dinner for two, sponsored by Bomba Burrito.
This high-level business networking evening presented the OABC mobile application launch, complete with raffle prizes and a showcase of the member benefit program. As always, we also give thanks to our beverage sponsor, OUA, for providing the drinks for the evening.

 

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As all OABC’s events, the night was a huge success for executives and decision-makers from all nationalities to meet, build relationships, learn, and discuss key matters of interest to Oman’s business community.