His Excellency Khalid Al-Falih, Minister of Investment for Saudi Arabia, will welcome a senior delegation from Oman, led by His Excellency Qais bin Muhammad Al-Yousef, Minister of Commerce and Industry and Omani Investment Promotion, to Saudi Arabia.
A full program of events will explore opportunities to deepen existing partnerships, identify new areas for collaboration and celebrate shared heritage.
The visit will build on historic bilateral relations that have seen progress accelerate in recent years and follows announcement in 2021 of landmark land crossing connecting the countries.
Riyadh, Saudi Arabia, January 12, 2023: Saudi Arabia’s Minister of Investment, Khalid Al-Falih, will host a senior delegation from the Sultanate of Oman, to explore trade and investment opportunities. Led by His Excellency Qais bin Muhammad Al-Yousef, Minister of Commerce and Industry and Omani Investment Promotion, the visit marks renewed shared ambitions to boost regional capabilities and strengthen existing long-standing bilateral relations.
Saudi and Omani business representatives and government leaders will participate in the Saudi-Omani Investment Forum on February 1st, which will provide a platform for both nations to explore opportunities to expand existing investment partnerships and identify new areas for collaboration. The forum will include presentations from leading Saudi and Omani businesses as well as B2B and G2B meetings to explore mutually beneficial investment opportunities.
In tandem with the investment forum, between February 1 – 4, the Saudi-Oman Industries Exhibition will celebrate the strong economic relationship between both nations and provide the opportunity for small and medium sized businesses to showcase their products. In exploring the potential for further partnerships, the Exhibition will also involve interactive workshops to discuss topics of mutual interest.
The Omani delegation’s visit to the Kingdom is the latest in a string of high-level engagements between the two nations in recent years aimed at bolstering trade and investment partnerships in line with their economic transformation programs – Saudi Vision 2030 and Oman Vision 2040. In December, a high-level Saudi delegation visited Oman to explore methods of enhancing trade, while in 2021, a landmark land crossing connecting the countries was announced to promote trade.
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About the Ministry of Investment
The ongoing transformation of Saudi Arabia under the Vision 2030 economic development and diversification plan is unlocking new investment opportunities at an unprecedented pace. The Ministry of Investment of Saudi Arabia (MISA) is facilitating access to these opportunities by developing a vibrant cross-government investment ecosystem, facilitated by Saudi Arabia’s National Investment Strategy.
Through a network of representative offices across the world, MISA partners with businesses of all scales and sizes—from startups to blue-chip multinationals—to help make investing in Saudi Arabia as simple as possible. MISA also plays a leading role in improving Saudi Arabia’s overall business environment by facilitating investment data across regions and sectors, creating investment incentives, spearheading business reforms and opening up investment opportunities.
For more information on MISA, please visit the website or connect with #MISA on Twitter @MISA and LinkedIn.
About Invest Saudi
Overseen by Saudi Arabia’s Ministry of Investment (MISA), Invest Saudi is the Kingdom’s investment attraction and promotion entity charged with communicating and facilitating investment opportunities.
Invest Saudi is the primary point of contact for foreign investors seeking information and assistance before, during and after their entry into Saudi Arabia. It is committed to working in partnership with potential and current investors to make their investment journey a seamless experience.
For more information on Invest Saudi, please visit the website or connect with #InvestSaudi on Twitter and LinkedIn
