Saudi-oman Investment Forum to strengthen trade and investment ties
Key government officials, business leaders and economic experts from the Sultanate of Oman and the Kingdom of Saudi Arabia are due to meet in Riyadh for three days of deliberations aimed at enhancing trade, economic and investment ties between the two brotherly countries.
The interactions will take place as part of the Saudi-oman Investment Forum, organised by the Omani Ministry of Commerce, Industry and Investment Promotion, in cooperation with the Saudi Ministry of Investment.
Also expected to attend are high ranking officials, chief executives of major Omani and Saudi companies, and representatives of the public and private sectors in the two countries.
Taking part from Oman is a high-level delegation comprising officials of Oman Investment Authority (OIA), Public Authority for Special Economic Zones and Free Zones (OPAZ), the Small and Medium Enterprises Development Authority, and Oman Chamber of Commerce and Industry (OCCI).
The forum aims to consolidate and enhance joint trade and investment relations between the two brotherly countries, find strategic opportunities for joint investment, and support private sector institutions in the two countries to open broader avenues for joint action for the benefit of the two countries.
The forum’s activities include dialogue sessions focusing on promising investment sectors such as: renewable energy, supply chains, tourism, real estate, transportation and logistics services and other activities of common interest that contribute to advancing and accelerating the volume of investment flows between the two countries and enhancing trade exchange.
The forum will also focus on investment opportunities in the two countries, notably in the industrial cities and free zones.
Taking place on the sidelines is the Saudi-omani Industries Exhibition, with the participation of government agencies from the two countries and the most prominent Oman and Saudi companies, which will display their products and services. The expo is sponsored by ACWA Power, Made in Saudi Programme, and Riyad Bank.