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Growth opportunities in global Halal market reviewed
๐Ÿ‡ด๐Ÿ‡ฒ Oman /Economy & Trade

Growth opportunities in global Halal market reviewed

From Times of Oman · (10m ago) English

Summarized and contextualized by DistantNews.

TLDR

  • A workshop focused on developing Oman's Halal products sector was held via video-conference.
  • The event highlighted growth opportunities in the global Halal market and potential for Omani companies.
  • Participants discussed cooperation, competitiveness, and accreditation requirements for Halal certification.

Oman is actively seeking to expand its presence in the burgeoning global Halal market, as evidenced by the recent workshop, โ€œDeveloping the Halal Products Sector.โ€ Organized by the Ministry of Commerce, Industry and Investment Promotion in collaboration with the Oman Chamber of Commerce and Industry (OCCI) and the Saudi Halal Products Development Company, this virtual event brought together approximately 30 representatives from Omani companies and relevant stakeholders.

The workshop served as a crucial platform to explore the intricate ecosystem of Halal products and its supporting services. It aimed not only to introduce participants to the Halal market but also to identify avenues for cooperation that can enhance the competitiveness of Omani companies. Presentations delved into the Halal product framework and the significant opportunities available in international markets, fostering discussions on how to leverage these prospects effectively.

A key aspect of the workshop was the presentation by the Omani Accreditation Center. They detailed the accreditation requirements and their importance in bolstering the reliability of Halal companies, products, and services. This is vital for ensuring smoother access to global markets and for verifying that products imported into Oman adhere to national standards. Huda Salim Al Hasani from "Oman Exports" emphasized that such initiatives are integral to enabling Omani companies to expand internationally by raising awareness of export opportunities and improving their readiness to compete in priority sectors.

As reported by Times of Oman, the session concluded with a productive discussion, addressing participant inquiries and outlining key challenges and opportunities within the Halal market. This proactive approach signifies Oman's strategic intent to tap into a rapidly growing global sector, positioning itself as a significant player in the Halal economy.

organizing this workshop is part of the efforts of โ€œOman Exportsโ€ to enable Omani companies to expand internationally. These efforts involve raising awareness of available export opportunities and enhancing the readiness of national products to compete in priority sectors.

โ€” Huda Salim Al HasaniExport Development Specialist at "Oman Exports" within the Ministry of Commerce, Industry and Investment Promotion, explaining the strategic goals behind the workshop.
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Originally published by Times of Oman. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.