General Investment Authority Meets with Omani Business Sector, Discuss Enhance Economic, Investment Cooperation

Riyadh, Governor of the General Investment Authority Eng. Ibrahim bin Abdulrahman Al-Omar underlined the importance of joint meetings for the business sector between the Kingdom and the sisterly Sultanate of Oman, pointing out that it is an important p...

Riyadh, Governor of the General Investment Authority Eng. Ibrahim bin Abdulrahman Al-Omar underlined the importance of joint meetings for the business sector between the Kingdom and the sisterly Sultanate of Oman, pointing out that it is an important platform for exchanging ideas and visions towards finding more investment and commercial partnerships, especially in light of the cooperation and coordination witnessed by the two brotherly countries in various commercial and investment fields, as the volume of trade exchange between the Kingdom of Saudi Arabia and the sister Sultanate of Oman reached more than SR nine billion, by the end of the third quarter of 2019.

In his speech delivered at the opening of the Saudi-Omani Investment Forum, held in Riyadh, organized by the Council of Saudi Chambers, Eng. Al-Omar revealed that the two brotherly countries are full of promising investment opportunities, which provide fertile ground for establishing various investment partnerships between the Saudi and Omani business sectors, indicating that the great development Oman is witnessing has opened wide horizons for cooperation and investment partnerships, that benefit both countries and the two brotherly peoples.

On the other hand, the General Investment Authority hosted earlier in the day, the Omani delegation, currently visiting the Kingdom, and the two parties discussed aspects of cooperation between them and promising investment opportunities in various sectors, including the targeted sectors in the Omani market for the Saudi side, in addition to a mechanism to enhance economic and investment cooperation between the two brotherly countries.

Source: Saudi Press Agency