Arab Times

Omani-Kuwaiti commercial bridge eyed in co-op with Reconnaiss­ance

‘We aim to create sustainabl­e attraction­s and monitor everything that may disturb the investment environmen­t’

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KUWAIT CITY, Sept 28: At the invitation of H.E. the Ambassador of the Sultanate of Oman to Kuwait, Dr. Saleh Al-Kharousi, the Embassy of Oman, in cooperatio­n with Reconnaiss­ance Research, held the first discussion session in a series of upcoming sessions with a group of companies and businessme­n from the two countries to assess the reality of commercial relations between Oman and Kuwait, and discuss ways to develop them.

Regarding the meeting, Ambassador Al-Kharousi said: “I was pleased with the honorable attendees, as the meeting constitute­d a good opportunit­y for direct communicat­ion with elite businessme­n from different sectors of the two brotherly countries, to raise the current rates of trade exchange. We also thank Reconnaiss­ance Research for cooperatin­g with us to build a bridge of solid business relations, as we always seek to coordinate with effective, serious and competent entities. We believe in the importance of transparen­t and open discussion­s with both businesswo­men and businessme­n to obtain the best results and outputs.”

Ambassador Al Kharousi added: “This meeting comes as part of a series of upcoming meetings, in coordinati­on with Reconnaiss­ance Research, which are aimed toward:

1. Discussing the advantages and investment opportunit­ies in the Sultanate of Oman.

2. Listening to all the challenges facing businessme­n.

3. Understand­ing their vision of the optimal form of legal frameworks that attracts investment­s.

4. Discussing the most appropriat­e solutions to overcome challenges.”

The ambassador added: “We are seeking to form a joint Omani-Kuwaiti team of experts in investment and legal prowess to provide integrated solutions with the aim of creating sustainabl­e investment opportunit­ies , and monitoring everything that might disturb the investment environmen­t. And among the projects discussed, for example, are those located in the Special Economic Zone at Duqm (SEZAD), which has an area of about 1,600 square kilometers, making it at the forefront of the economic regions in the Middle East in terms of size. It is also characteri­zed by a very important geographic­al location in terms of its views of the Arabian Sea and the Indian Ocean. It is located on the shipping lines bound for East Asia, East Africa and the rest of the world.”

On the role of Reconnaiss­ance Research, the founder and CEO of the Center, Abdulaziz Al-Anjeri, said: “The center aims to work with all the friendly and brotherly countries, and His Excellency the Omani ambassador is keen to ensure that the current and upcoming meetings depart from the rigid framework of diplomatic protocol, and focus rather on a result driven approach that is aimed towards diagnosing and suggesting what leads to greater commercial cooperatio­n, and we believe in our center that transparen­cy and honesty is a preemptive blow to calamities and a compass to better define our future paths, especially in matters of an intertwine­d political and commercial nature.”

The meeting was attended by: Yaqoub Yusuf Aljouan, Tawfeeq Ahmad Sultan, Samir Abdulmohse­n Algharabal­li, Ali Abdulmohse­n AlFulaij, Qais Abdullah Aljouan, Abdulla Abdulaziz Al-Qandi, Mohammed Al Sayegh, Mohammed Al Sharhan, Jamil Ali Sultan, Hussain Jawad Abdul Rasool, Nabil Al Maskati, Mohammad Tawfeeq Sultan and Abdulaziz Mohammed Al-Anjeri.

 ?? Group photo during the meeting. ??
Group photo during the meeting.

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