Oman, Hong Kong explore areas of joint cooperation

Muscat: Invest Oman lounge welcomed a high-level investment delegation from Invest Hong Kong, aiming to explore areas of economic collaboration and unlock new opportunities for joint growth.

The visit, which underscored the depth of Oman–Hong Kong economic ties, included high-level meetings with key Omani government officials.

The delegation brought together a diverse group of representatives from promising sectors including advisory, venture capital, digital asset management, and fintech. This breadth of expertise signals Hong Kong’s expanding interest in Oman’s dynamic market and the keenness to engage across multiple high-growth sectors. Discussions during the visit centered on potential areas of cooperation, from funding startups and advancing digital asset management to accelerating knowledge exchange and creating new pathways for cross-border investments that align with the development goals of both parties.

Speaking on this occasion, Ibtisam Al Farooji, Undersecretary of the Ministry of Commerce, Industry, and Investment Promotion for Investment Promotion underscored that such high-level engagements represent a strategic platform for knowledge sharing and expanding cooperation in priority sectors. She emphasised that Oman places strong importance on strengthening its international partnerships in high-potential, mutually beneficial areas, in line with the aspirations of Oman Vision 2040. These efforts, she noted, contribute to driving economic diversification and attracting high-value investments that deliver long-term national impact.

On his turn, King Leung, Global Head of Financial Services, Fintech and Sustainability at Invest Hong Kong emphasised that the Oman–Hong Kong relationship rests on a solid foundation of friendship and mutual understanding. He noted that the timing of the visit reflects Oman’s rising stature as a regional and global investment hub, backed by a stable economic environment and a strategic geographic position. Investors from Hong Kong, he highlighted, are increasingly drawn to Oman’s emerging sectors, particularly in digital and technological domains that are experiencing rapid growth.

Hong Kong, as one of the world’s foremost financial centers and an important international gateway for the People’s Republic of China. It also undertakes a pivotal role in facilitating capital flows, linking Asian and global markets, and advancing cross-border investment. Its cooperation with Oman thus holds significant strategic importance for both economies.