Tribune News Network
Doha
Minister of Commerce and Industry HE Sheikh Faisal bin Thani bin Faisal Al Thani met with Oman’s Minister of Commerce, Industry, and Investment Promotion Qais bin Mohammed Al Yousef during a significant visit to Oman on January 9, 2025.
This high-level meeting focused on strengthening bilateral trade, industrial, and investment relations while exploring avenues for deeper collaboration across various economic sectors.
During the discussions, Sheikh Faisal expressed his gratitude for the opportunity to meet his Omani counterpart, highlighting the importance of these engagements in fostering mutual understanding andcollaboration.
He emphasised that this meeting represented a pivotal step toward enhancing trade and investment ties and identifying new areas of cooperation to support the economic development agendas of both nations.
Sheikh Faisal reiterated Qatar’s commitment to strengthening its partnership with Oman, emphasizing the shared goal of achieving economic integration across the commercial, industrial, and investment domains. He underscored the importance of bolstering bilateral relations, which have long been characterised by mutual respect and a shared vision for growth and prosperity.
The minister also highlighted the importance of fostering strategic partnerships between public and private sectors in both countries. He called for intensified efforts to stimulate trade exchange and investment opportunities, paving the way for innovative projects and initiatives that can drive sustainable economic growth.
The discussions also touched upon mechanisms to facilitate trade processes, overcome potential barriers, and create an enabling environment for businesses and investors from both nations. Both sides affirmed their dedication to enhancing collaboration in key sectors, including technology, renewable energy, infrastructure development, and logistics.
On the sidelines of the meeting, Sheikh Faisal and his Omani counterpart toured the Invest Oman Hall, a state-of-the-art facility designed to streamline the investment process in Oman.
During the tour, the minister was briefed on the services and facilities provided to investors, including advanced digital platforms and efficient administrative procedures aimed at attracting foreign investments.
The tour of Invest Oman Hall highlighted Oman’s ongoing efforts to position itself as a regional investment hub, showcasing its business-friendly policies and incentives tailored to meet the needs of international investors. Sheikh Faisal commended these efforts and noted the potential for Qatari businesses to contribute to and benefit from Oman’s dynamic investment landscape.