{"id":64544,"date":"2026-11-11T14:16:01","date_gmt":"2026-11-11T14:16:01","guid":{"rendered":"https:\/\/www.fm.gov.om\/64544\/"},"modified":"2026-11-11T17:49:28","modified_gmt":"2026-11-11T17:49:28","slug":"%d8%b3%d9%85%d9%88-%d8%a7%d9%84%d8%b3%d9%8a%d8%af-%d9%86%d8%a7%d8%a6%d8%a8-%d8%b1%d8%a6%d9%8a%d8%b3-%d8%a7%d9%84%d9%88%d8%b2%d8%b1%d8%a7%d8%a1-%d9%84%d9%84%d8%b4%d8%a4%d9%88%d9%86-%d8%a7%d9%84%d8%a7","status":"publish","type":"post","link":"https:\/\/www.fm.gov.om\/en\/64544\/","title":{"rendered":"His Highness Sayyid Theyazin chairs meeting of Financial and Economic Committee"},"content":{"rendered":"<p><a href=\"https:\/\/www.fm.gov.om\/en\/about-oman\/government\/ministers-profiles\/\" target=\"_blank\" rel=\"noopener\">His Highness Sayyid Theyazin bin Haitham Al Said, Deputy Prime Minister for Economic Affairs,<\/a> chaired a meeting of the Financial and Economic Committee of the Council of Ministers.<\/p>\n<p>The meeting was attended by the Committee&#8217;s chair and members, with the participation of Ministers and senior officials from the relevant entities.<\/p>\n<p><img data-opt-id=611649525  fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-64536 size-full\" src=\"https:\/\/mlzlkxvcvliz.i.optimole.com\/cb:C1Ga.2da5\/w:auto\/h:auto\/q:mauto\/g:sm\/f:best\/https:\/\/www.fm.gov.om\/wp-content\/uploads\/Financial-2.jpeg\" alt=\"His Highness Sayyid Theyazin chairs meeting of Financial and Economic Committee\" width=\"567\" height=\"378\" srcset=\"https:\/\/mlzlkxvcvliz.i.optimole.com\/cb:C1Ga.2da5\/w:567\/h:378\/q:mauto\/g:sm\/f:best\/https:\/\/www.fm.gov.om\/wp-content\/uploads\/Financial-2.jpeg 567w, https:\/\/mlzlkxvcvliz.i.optimole.com\/cb:C1Ga.2da5\/w:300\/h:200\/q:mauto\/g:sm\/f:best\/https:\/\/www.fm.gov.om\/wp-content\/uploads\/Financial-2.jpeg 300w, https:\/\/mlzlkxvcvliz.i.optimole.com\/cb:C1Ga.2da5\/w:100\/h:67\/q:mauto\/g:sm\/f:best\/https:\/\/www.fm.gov.om\/wp-content\/uploads\/Financial-2.jpeg 100w, https:\/\/mlzlkxvcvliz.i.optimole.com\/cb:C1Ga.2da5\/w:567\/h:378\/q:mauto\/g:sm\/f:best\/dpr:2\/https:\/\/www.fm.gov.om\/wp-content\/uploads\/Financial-2.jpeg 2x\" sizes=\"(max-width: 567px) 100vw, 567px\" \/><\/p>\n<p>The meeting, held as part of His Highness&#8217;s follow-up on the Committee&#8217;s work, reviewed topics related to strengthening economic growth and fiscal sustainability. These included the preparation of a long-term plan to enhance the trade balance and non-oil revenues.<\/p>\n<p>The meeting discussed a study on incentives and facilities for specialised industrial clusters in pharmaceuticals and medical devices in economic zones and free zones, whose establishment was blessed by <a href=\"https:\/\/www.fm.gov.om\/en\/about-oman\/state\/head-of-state\/\" target=\"_blank\" rel=\"noopener\">His Majesty Sultan Haitham bin Tarik.<\/a><\/p>\n<p><img data-opt-id=129035383  fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-64537 size-full\" src=\"https:\/\/mlzlkxvcvliz.i.optimole.com\/cb:C1Ga.2da5\/w:auto\/h:auto\/q:mauto\/g:sm\/f:best\/https:\/\/www.fm.gov.om\/wp-content\/uploads\/Financial-3.jpeg\" alt=\"His Highness Sayyid Theyazin chairs meeting of Financial and Economic Committee\" width=\"566\" height=\"378\" srcset=\"https:\/\/mlzlkxvcvliz.i.optimole.com\/cb:C1Ga.2da5\/w:566\/h:378\/q:mauto\/g:sm\/f:best\/https:\/\/www.fm.gov.om\/wp-content\/uploads\/Financial-3.jpeg 566w, https:\/\/mlzlkxvcvliz.i.optimole.com\/cb:C1Ga.2da5\/w:300\/h:200\/q:mauto\/g:sm\/f:best\/https:\/\/www.fm.gov.om\/wp-content\/uploads\/Financial-3.jpeg 300w, https:\/\/mlzlkxvcvliz.i.optimole.com\/cb:C1Ga.2da5\/w:100\/h:67\/q:mauto\/g:sm\/f:best\/https:\/\/www.fm.gov.om\/wp-content\/uploads\/Financial-3.jpeg 100w, https:\/\/mlzlkxvcvliz.i.optimole.com\/cb:C1Ga.2da5\/w:566\/h:378\/q:mauto\/g:sm\/f:best\/dpr:2\/https:\/\/www.fm.gov.om\/wp-content\/uploads\/Financial-3.jpeg 2x\" sizes=\"(max-width: 566px) 100vw, 566px\" \/><\/p>\n<p>His Highness stressed the importance of focusing on strengthening economic growth, particularly in non-oil sectors and maximising local content, in addition to improving the business environment as a key driver for attracting investment and raising productivity.<\/p>\n<p>As part of efforts by various entities to maximise the economic returns of Oman&#8217;s strategic location, His Highness stressed the importance of strengthening Oman&#8217;s position on the regional and global trade and investment map.<\/p>\n<p>He also directed that implementation of Royal directives be accelerated through integrated government action and a unified team approach, and that readiness and flexibility be enhanced to keep pace with economic changes.<\/p>\n<p>This will help complete economic initiatives and programmes and achieve their objectives within clear, defined timelines, with continuous monitoring of progress and measurement of outcomes.<\/p>\n<p>This meeting comes in light of His Highness&#8217;s follow-up on economic development tracks and the direction of government efforts towards priority economic files. This enhances the efficiency of the national economy&#8217;s performance and accelerates the achievement of economic diversification objectives within the framework of <a href=\"https:\/\/www.oman2040.om\/?lang=en\" target=\"_blank\" rel=\"noopener\">Oman Vision 2040.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>His Highness spoke of Oman&#8217;s position on the global trade map.<\/p>\n","protected":false},"author":8,"featured_media":64543,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[111,116],"tags":[256,303,329],"class_list":["post-64544","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trade-news","tag-his-majesty-sultan-haitham-en","tag-oman-2040-en","tag-his-highness-sayyid-theyazin-en"],"acf":{"fm_post_excerpt_app":"The meeting reviewed topics related to strengthening economic growth."},"_links":{"self":[{"href":"https:\/\/www.fm.gov.om\/en\/wp-json\/wp\/v2\/posts\/64544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fm.gov.om\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fm.gov.om\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fm.gov.om\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fm.gov.om\/en\/wp-json\/wp\/v2\/comments?post=64544"}],"version-history":[{"count":5,"href":"https:\/\/www.fm.gov.om\/en\/wp-json\/wp\/v2\/posts\/64544\/revisions"}],"predecessor-version":[{"id":64577,"href":"https:\/\/www.fm.gov.om\/en\/wp-json\/wp\/v2\/posts\/64544\/revisions\/64577"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fm.gov.om\/en\/wp-json\/wp\/v2\/media\/64543"}],"wp:attachment":[{"href":"https:\/\/www.fm.gov.om\/en\/wp-json\/wp\/v2\/media?parent=64544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fm.gov.om\/en\/wp-json\/wp\/v2\/categories?post=64544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fm.gov.om\/en\/wp-json\/wp\/v2\/tags?post=64544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}