HE the Minister of Commerce and Industry Sheikh Faisal bin Thani bin Faisal Al-Thani revealed that the volume of trade exchange between the State of Qatar and the Sultanate of Oman amounted to more than $1.8 billion during 2024, stressing the depth of established brotherly relations between the two countries based on a common history and close ties between their peoples.
HE Sheikh Faisal and the Minister of Commerce, Industry, and Investment Promotion of the Sultanate of Oman, Qais bin Mohammed Al Yousef, jointly opened the Omani-Qatari Business Forum in Muscat, on the sidelines of His Highness the Amir Sheikh Tamim bin Hamad Al-Thani's visit to the Sultanate of Oman, during which HE Sheikh Faisal highlighted the bilateral relations that are witnessing a remarkable development thanks to the mutual official visits and the common will of the leadership of the two countries to enhance cooperation and explore new areas of partnership and investment to contribute to achieving a more sustainable and prosperous future.
HE Sheikh Faisal considered the Forum an important dialogue platform to enhance cooperation between the public and private sectors in Qatar and Oman through establishing partnerships and diversifying mutual investments and increasing the volume of trade exchange.
He called on businessmen and investors in the Sultanate of Oman to take advantage of the distinguished economic and investment environment provided by the State of Qatar, and the promising opportunities in the key sectors available within the new national development strategy.
The Forum, which aims to strengthen trade, investment and industrial cooperation between the two countries and open new horizons for communication between representatives of the Qatari and Omani private sector to establish investment projects that serve common interests, witnessed a wide participation of the most prominent businessmen in the two countries, in addition to the heads and representatives of major Qatari and Omani companies operating in various fields.
During the Forum, the advantages of the business environment in the State of Qatar and the Sultanate of Oman were highlighted, in addition to discussing ways to enhance cooperation in various fields, during which a number of dialogue sessions were held, including a session on joint future visions for industrial and logistical integration between the State of Qatar and the Sultanate of Oman, a session on tourism and hospitality towards sustainability, enhancing the prospects of tourism and hospitality between the State of Qatar and the Sultanate of Oman, in addition to a session on technology and digital services towards an integrated digital economy between the State of Qatar and the Sultanate of Oman.
Bilateral meetings were held between representatives of the Qatari private sector and Omani companies with the aim of exploring opportunities for cooperation and exchanging experiences, as well as building new investment partnerships in sectors of mutual interest.
On the sidelines of the Forum, HE Sheikh Faisal met with the Minister of Commerce, Industry, and Investment Promotion of the Sultanate of Oman Qais bin Mohammed Al Yousef. During the meeting, they discussed topics of mutual interest aimed at strengthening cooperation between the two countries in the commercial, investment and industrial fields, and ways to support and develop them.
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