Saudi-Omani expo promotes long-term partnership in investment, industry, and trade sectors

February 05, 2023

RIYADH — The Ministry of Investment Sunday concluded the Saudi-Omani Industries Exhibition, organized in Riyadh with a high turnout of over 25,000 visitors.

The exhibition saw the participation of several public departments and 300 companies from the two countries representing several sectors, and in the presence of many officials and CEOs of major firms from the public and private sectors.

According to the Ministry of Investment, the exhibition succeeded in promoting a long-term economic partnership in the investment, industry, and trade sectors.

This is in addition to economic and commercial communication, cooperation in the public and private sectors of the two countries through holding bilateral meetings between the two sides.

The meetings will identify opportunities, provide support for their realization and create an enabling regulatory environment that contributes to business development and prosperity, facilitating doing business and removing all obstacles, in a bid to achieve economic integration associated with the Saudi Vision 2030 and Oman Vision 2040.

The exhibition was organized by the Ministry of Investment in cooperation with its partners, in conjunction with the Saudi-Oman Investment Forum 2023 under the slogan "Partnership and Integration" in Riyadh during Feb. 1-4.

The event saw the signing of 13 investment memorandums of understanding between the private and public sectors in petrochemicals, transformational industries, health, logistics, entertainment, and innovation. — SPA

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