Muscat,
The Omani-Qatari Business Forum, held here today, explored opportunities of joint investments between the Sultanate of Oman and the State of Qatar in the fields of infrastructure, logistics, energy and converting industries.
The forum also reviewed means of developing partnerships that serve local and regional markets and support sustainable economic growth.
This forum is held within the framework of the state visit of Sheikh Tamim bin Hamad Al Thani, Emir of the State of Qatar to the Sultanate of Oman.
Qais Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion said in his speech that Qatari investments in Oman witnessed a noticeable growth and reached approximately RO 2 billion. Most of these investments are focused on sectors of energy, tourism, transport and logistics. Meanwhile, Omani investments in Qatar contributed in several fields, namely services and logistics.
On his turn, Sheikh Faisal bin Thani Al Thani, Minister of Commerce and Industry of the State of Qatar pointed out that the forum constitutes an important milestone in the march of boosting economic relations. It is also considered a platform to explore cooperation opportunities and to develop strategic partnerships that serve the two countries’ aspirations.
The Qatari minister added that the forum aims to augment cooperation in vital sectors such as converting industries, logistic services, tourism and food security.
He also called forth businesspeople and investors from both countries to benefit from the promising opportunities offered in Oman and Qatar.
Further, Faisal Abdullah Al Rowas, Chairman of Oman Chamber of Commerce and Industry (OCCI) said that the forum introduces businesspeople and investors from Qatar with the available incentives offered by Oman.
OCCI, he added, as the official representative of the private sector is conducting B2B meetings between different investors and businesspeople in order to forge agreements and business partnerships with their Qatari counterparts.
The Omani-Qatari Business Forum included 3 discussion panels which covered a range of topics, such as industrial integration, logistics, sustainable tourism and hospitality and the digital economy.
