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Oman News

Value of investment agreements signed between Oman, Saudi expected to exceed $10 billion

His Excellency Badr Al-Badr, CEO of the National Companies Entrepreneurship Program says the investment agreement signed between both the countries is expected to exceed $10 billion.

TAS News Service

info@thearabianstories.com

Monday, December 6, 2021

MUSCAT: The total investment value of the memorandum of understanding signed between Omani and Saudi companies is expected to exceed $10 billion, a top official has informed.

In an interview with Oman News Agency (ONA), His Excellency Badr Al-Badr, CEO of the National Companies Entrepreneurship Program in the Kingdom of Saudi Arabia said: “The investment value of the memoranda of understanding signed between Omani and Saudi companies is expected to exceed $10 billion.”

As part of the visit by His Royal Highness Crown Prince Mohammed Bin Salman, 13 investment agreements were signed between state-owned companies of Oman Investment Authority and firms based in Saudi Arabia.

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