Thursday 26 / December / 2024
During the visit of the Omani trade delegation from the Oman Chamber of Commerce and Industry to the Kingdom of Saudi Arabia, the delegation familiarized itself with the Saudi experience in entrepreneurship through a series of field visits. One notable visit was to the Abdul Mohsen Al-Hokair Group in Riyadh, where the delegation learned about the group's entrepreneurial journey since its inception, as well as the key sectors in which it operates. The visit included extensive discussions on the investment opportunities available between the two countries in agriculture, industry, food security, and more.
Both sides also addressed economic challenges and explored ways to overcome them to achieve their collective aspirations. The Omani side presented the investment opportunities available in North Al Batinah Governorate and discussed the operating factories in Sohar Port and the free zone, along with the incentives offered by the Sultanate of Oman to investors.
Engineer Said bin Ali Al-Abri, Chairman of the Board of Directors of the Oman Chamber of Commerce and Industry in North Al Batinah and head of the delegation, stated that these visits hold significant importance in enhancing mutual knowledge among businesspeople. He added that the aim is to discuss ways to strengthen commercial, investment, and industrial cooperation, in addition to exploring available investment opportunities in the Kingdom.
Al-Abri noted that these visits contribute to building strong trade relations that benefit all parties involved. There was a clear desire from both sides to establish joint business partnerships, reflecting their commitment to increasing the volume of trade exchange between the two countries. He emphasized the importance of leveraging these meetings to open new avenues for cooperation and experience sharing, ultimately contributing to sustainable development.
The delegation also visited the General Secretariat of the Gulf Cooperation Council (GCC) in Riyadh, where they were received by His Excellency Khalid bin Ali bin Salem Al-Sunaidi, Assistant Secretary-General for Economic and Development Affairs.
The meeting reviewed the efforts and activities of the GCC General Secretariat, discussed its objectives, and addressed the economic, commercial, and investment aspects among member states. The discussions included ways to enhance commercial and economic relationships among the member states.
The meeting also featured presentations on the activities of various sectors in trade and economics. Additionally, discussions took place between Omani businesspeople and representatives of the GCC General Secretariat regarding food security, real estate, investment, and various economic sectors.
