MUSCAT : His Highness Sayyid Theyazin bin Haitham Al Said will accompany His Majesty Sultan Haitham bin Tarik on his state visit to the United Kingdom on Monday, marking his first visit alongside His Majesty since assuming the role of Deputy Prime Minister for Economic Affairs.
The visit, beginning October 19 at the invitation of King Charles III, comes as Oman and Britain seek to expand trade, investment and cooperation in sectors including financial services, clean energy and technology.
His Highness also chairs the Board of Directors of the International Financial Centre of Oman (IFC Oman), established under Royal Decree No. 8/2026 to attract capital, support innovation and advance economic diversification under Oman Vision 2040.
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Operating under a legal framework based on common law principles, the centre aims to position Oman as an international destination for financial institutions, businesses and investors.
At a meeting chaired by His Highness on October 8, the board reviewed the centre’s legislative, regulatory and operational frameworks and efforts to create a competitive environment for international investment.
Britain’s direct investment in Oman reached RO 16.8 billion by the end of June. Bilateral trade totalled RO 387.9 million in the first seven months of 2026, surpassing the total for 2025, according to figures cited by Oman News Agency.
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