The Sultanate of Oman is participating in the Omani Frankincense Exhibition in Geneva, with the aim of highlighting and promoting Omani frankincense as a product and a geographical indication.
The exhibition, which concludes on July 14 at the WIPO building in Geneva, will enable Oman to promote small and medium enterprises (SMEs) working among frankincense products and its derivatives.
The works of the Omani frankincense exhibition during the meetings of the World Intellectual Property Organization (WIPO) is being organised by the Small and Medium Enterprises Development Authority in cooperation with the Ministry of Commerce, Industry and Investment Promotion and the Ministry of Agriculture, Fisheries and Water Resources.
This also provides the opportunity and scope to highlight SMEs working in frankincense products for expansion in the global markets to serve the national economy.
The exhibition also provides an ideal opportunity to exchange experiences and knowledge among the participating institutions. It is also an opportunity to increase sales, study the European market and know its needs.
Five SMEs that are distinguished in the production of frankincense and its derivatives are participating in the exhibition. They are Bank of Oud Corporation, Al Shoala Corporation for the sale and production of frankincense, Oliban Corporation, Gold Dust Trading Corporation, and Natural Frankincense Products Corporation.
It is worth noting that the authority seeks to market and promote the services and products of SMEs by participating in internal and external events and exhibitions. It participated in four local exhibitions and six international exhibitions, benefiting 266 institutions during the first half of 2023.
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