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Asharq Al-Awsat
Asharq Al-Awsat
Business
Riyadh - Fatehelrahman Yousif

Riyadh, Muscat Seek Partnerships in Industrial Cities, Logistics, Renewable Energy

The Saudi-Omani business meeting on Monday in Riyadh. (Asharq Al-Awsat)

An Omani official said that Muscat was keen to manage strategic partnerships with Riyadh in various fields, including industrial cities, logistics services, infrastructure and renewable energy.

The Undersecretary of the Ministry of Commerce, Industry and Investment Promotion in the Sultanate of Oman, Assila Al Samsami, stressed that her country was eager to launch joint investments in various fields in light of the resources that the Kingdom and the Sultanate enjoy, pledging to make every effort to find solutions to all obstacles that hinder the joint business process, and to overcome all challenges facing Saudi investment in her country.

In a meeting organized by the Council of Saudi Chambers on Monday in Riyadh, the Omani official underlined the importance of joining efforts between the Saudi Vision 2030 and the Omani Vision 2040, noting that there were many common directions, including economic diversification.

Al Samsami added that she was looking forward to forming work teams that cover different vital sectors, including tourism, maritime transport and manufacturing industries.

During the meeting, the visiting Omani delegation presented a large number of investment opportunities in the sectors of real estate development, industry, tourism, fisheries, renewable energy and petrochemicals.

Dr. Khaled Al-Yahya, Secretary-General of the Council of Saudi Chambers, explained that the meeting comes within the framework of strengthening and activating economic relations between the two countries, especially between the Saudi and Omani private sectors.

“We are confident that maintaining constructive joint work between the two countries will support these relations and meet the aspirations of the senior leaderships, business owners and the peoples of the two brotherly countries, in line with Saudi Vision 2030 and the Omani Vision 2040,” he stated.

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