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Oman News

Omani-Kuwaiti Economic Forum to prioritize investment in SMEs and trade exchange

The Omani-Kuwaiti Economic Forum, set to begin this Monday, promises to enhance trade and investment relations between the two nations

TAS News Service

info@thearabianstories.com

Saturday, December 21, 2024

Muscat: The four-day event, organized by the Supervisory Team for the Promotion of Omani Products (OPEX) alongside key Omani and Kuwaiti institutions, will focus on boosting economic cooperation, exploring new partnerships, and increasing trade volumes between Oman and Kuwait.

The forum, held in Kuwait, aims to create a platform for businesses to exchange knowledge and expertise, while building strategic partnerships in key sectors such as manufacturing, supply chain integration, real estate, and food security. It will feature three key dialogue sessions and one-on-one meetings between Omani and Kuwaiti business leaders, focusing on growing sectors like food, handicrafts, and technology.

An exhibition showcasing 70 small and medium enterprises, including 50 Omani companies, will run alongside the forum. His Excellency Faisal bin Abdullah Al Rawas, Chairman of the Oman Chamber of Commerce and Industry, emphasized that the event is an important step toward fostering deeper economic integration between Oman and Kuwait, contributing to the goals of “Oman Vision 2040” and “Kuwait Vision 2035.”

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