MUSCAT: Oman and Saudi Arabia has signed a memorandum of understanding to encourage joint investment between both the countries.
During the Omani-Saudi Investment Forum, Qais bin Mohammed Al Yousuf, Minister of Commerce, Industry and Investment Promotion, also discussed with Eng. Khalid bin Abdulaziz Al Faleh, Minister of Saudi Investment on the prospects for trade and investment cooperation.
Speaking at the forum, Al Faleh said Saudi Arabia is proud of its relationship with Oman. “We are proud of our strong and growing relations with Oman. The joint investment plans will further strengthen the relations between both the countries,” Al Faleh said.
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Al Yousuf stressed in his speech during the forum that the leaderships of the two countries are working towards strengthening the real investment partnership in various economic fields.
