Omani-Saudi Business Forum discusses means of boosting economic relations

Muscat: Oman Chamber of Commerce and Industry (OCCI) on Sunday organised the Omani-Saudi Business Forum.

The forum discussed means of enhancing the joint cooperation between the Sultanate of Oman and the Kingdom of Saudi Arabia (KSA) in the economic and investment areas. It also explores ways to activate the agreements and strategic partnerships between the Omani and Saudi companies.

On the sidelines of the forum, a number of memorandums of understanding related to cooperation in the field of construction and legal consultations were signed between private sector companies in both countries.

Through a number of working papers, the event reviewed investment opportunities and incentives in the Sultanate of Oman and the Kingdom of Saudi Arabia, potentials of investment in special economic zones and free zones, and investment opportunities in the fields of housing and the real estate sector.

The forum included B2B meetings between business peoples in the two countries. They discussed means of striking trade and investment partnerships.