Saudi-Omani Investment Forum Concludes in Oman

Events of the Saudi-Omani Investment Forum, which were launched on Monday morning, concluded later in the day with the participation of Saudi Minister of Investment Eng. Khlid bin Abdulaziz Al-Falih and Omani Minister of Commerce, Industry and Investment Promotion Qais bin Mohammed Al-Yousef.

The forum witnessed discussion panels that went over several subjects, such as Invest Saudi, the investment environment, investment opportunities, and Omani Vision 2040.

The forum also witnessed the signing of several agreements and memorandums of understanding to continue and enhance joint action and enable the private sector to reach investment opportunities in both countries.

The event also saw holding several bilateral meetings between government bodies and the private sectors of both countries to discuss several investment opportunities available in the Kingdom of Saudi Arabia and Sultanate of Oman in several sectors, such as petrochemicals, energy, real estate development, information and communications technology, industry and mining, among others. Managing Director of the National Aquaculture Group (Naqua) Eng.

Ahmad Al-Balla, in a statement to the Saudi Press Agency (SPA), said that the Group signed an agreement with the Omani Fishery Development Company, noting that Naqua enjoys an experience of around 40 years in shrimp farming and also enjoys modern technologies and production factors, which make it able to contribute to adding value to investment projects in the Sultanate of Oman.