IACCIA Hosts India-Oman Business Connect to Spotlight Khazaen Economic City as Gateway to Gulf Trade
New Delhi, September 17, 2025 — The India & Arab Countries Chamber of Commerce, Industry & Agriculture (IACCIA), in collaboration with the Embassy of the Sultanate of Oman in New Delhi and Optimax Aces, proudly co-hosted the India-Oman Business Connect event at the Ambassador’s residence. This landmark event underscored the deepening economic partnership between India and Oman, spotlighting Khazaen Economic City as a premier investment hub for Indian businesses seeking to expand into the Gulf and Indian Ocean regions.
A Strategic Platform for Bilateral Growth
His Excellency Ambassador Issa Saleh Abdullah Alshibani warmly welcomed Indian entrepreneurs, business leaders, and industry stakeholders, presenting Oman as a cost-effective, culturally aligned, and strategically located gateway for regional expansion. Highlighting Khazaen Economic City’s state-of-the-art infrastructure, investor-friendly incentives, and dedicated support teams, he invited Indian companies to explore high-potential sectors, including:
Food Processing and Agriculture: Opportunities for innovation and sustainable supply chains.
Pharmaceuticals and Healthcare: Advancements in medical technology and services.
Logistics and Light Manufacturing: Streamlined operations for global market access.
Export-Oriented SMEs: Platforms for small and medium enterprises to thrive.
Dr. Waiel Awwad: Championing India-Arab Collaboration
In a compelling keynote address, Dr. Waiel Awwad, Secretary General of IACCIA, hailed the event as a milestone in fostering India-Arab economic cooperation. He highlighted IACCIA’s pivotal role since its establishment in 2016 as the only chamber recognized by Arab embassies, India’s Ministry of External Affairs, and the Arab League. Dr. Awwad emphasized the chamber’s unique governance structure, comprising representatives from 22 Arab countries and 22 leading Indian companies, alongside distinguished diplomatic figures, including ambassadors from Oman, Qatar, UAE, Lebanon, and Morocco, and senior officials from the Arab League.
Dr. Awwad underscored Oman’s geostrategic advantage as a launchpad for Indian businesses into the Arab world and North Africa, citing its stable governance, progressive policies, and investor-centric ecosystem. He outlined key sectors for collaboration:
🌾 Food and Agriculture: Modernizing agriculture, enhancing food processing, and building sustainable supply chains.
💻 IT and Digital Transformation: Driving innovation in telecommunications, hospital development, and technology services.
🏥 Healthcare and Welfare: Advancing pharmaceutical innovation and quality-of-life initiatives.
Dr. Awwad reaffirmed IACCIA’s commitment to facilitating seamless investment opportunities, forging enduring partnerships, and promoting shared prosperity between India and the Arab world. Arab News emphasises the efforts of the IACCIA on the bilateral trade ties between India & Oman. Source : www.arabnews.com
A Vision for Innovation and Prosperity
The India-Oman Business Connect Event concluded with a resounding call to action for Indian businesses to leverage the unparalleled opportunities offered by Khazaen Economic City. Backed by strong diplomatic ties, strategic alignment, and robust sectoral incentives, this event marks a transformative step toward regional integration, innovation, and economic resilience.
IACCIA remains dedicated to strengthening the India-Oman economic corridor, paving the way for a future defined by collaboration, growth, and mutual success.