MUSCAT : The event, organised by the Oman Chamber of Commerce and Industry (OCCI) in cooperation with the Federation of Saudi Chambers, was part of the Omani-Saudi Franchise Exhibition.
The forum featured a series of visual presentations from both sides. Oman showcased services and programs by OCCI to support businesses, incentives under the “Invest in Oman” platform, and promising opportunities in sectors under the Oman Investment Authority. Presentations also outlined the advanced infrastructure available in Madayn’s industrial cities to attract industrial investments.
From the Saudi side, officials highlighted the Kingdom’s evolving regulatory framework and the wealth of opportunities created by Saudi Vision 2030, covering sectors from industry to tourism and renewable energy.
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A key session titled “The Reality and Prospects of Economic Integration and Cooperation between the Sultanate of Oman and the Kingdom of Saudi Arabia” gathered officials, business owners, and specialists to discuss bilateral partnerships, industrial integration, and boosting trade and investment flows.
On the sidelines, direct meetings between Omani and Saudi business owners opened doors for new deals and strategic collaborations.
Mustafa bin Ahmed Salman, Board Member at OCCI, underlined the momentum in relations: “Economic relations between the Sultanate of Oman and the Kingdom of Saudi Arabia are witnessing rapid growth, reflecting the keenness of the leaderships of both countries to develop the strategic partnership and expand joint investments to serve the objectives of the Oman 2040 and Saudi Vision 2030 visions.”
He added that sectors such as industry, logistics, tourism, technology, and renewable energy offer immense potential, stressing the importance of regular direct meetings and practical initiatives to foster sustainable partnerships.
The event also witnessed the signing of an agreement to establish an Omani-Saudi company in Saudi Arabia, named “G7”, to be managed by Serapis Entertainment Group. The new company will focus on promoting tourism services, marketing brands and franchises, and organizing international conferences, exhibitions, events, and festivals.
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