The Ministry of Investment drew the curtain yesterday on the “Saudi-Omani Industries” exhibition which it organized in Riyadh amid great enthusiasm and a large turnout of over 25,000 visitors, with the participation of a number of government agencies and 300 companies from both countries across various sectors, and attended by a number of officials and CEOs of major companies from both the public and private sectors.
According to the Ministry of Investment, the exhibition succeeded in strengthening a long-term economic partnership in the sectors of investment, industry, and trade, as well as fostering economic and commercial communication and cooperation in the public and private sectors of both countries. This was achieved through bilateral meetings between the two sides to identify opportunities, provide support to realize them, and create a favorable regulatory environment that contributes to business development and prosperity, facilitate doing business, and remove all challenges to create more investment opportunities, thereby achieving economic integration in line with the Kingdom’s Vision 2030 and Oman’s Vision 2040.
Throughout its four days, the exhibition saw a large turnout of visitors from within the Kingdom and abroad, who gained firsthand insight into the existing industries, and the shared cultural and human heritage, enjoying a unique experience that brought together investment and culture in one place—including handicrafts and jewelry, traditional cuisine, and the folkloric performances that accompanied the exhibition.
The “Saudi-Omani Industries” exhibition highlighted the strength of the relationship between the two countries on all levels and its role in activating partnerships in priority sectors to promote economic sustainability, keep pace with economic changes, and strengthen Saudi-Omani ties for the well-being of both peoples.
It is worth noting that the exhibition was organized by the Ministry of Investment in collaboration with its partners, in conjunction with the “Saudi-Omani Investment Forum” 2023 under the theme ”Partnership and Integration” in Riyadh from February 1–4 February, which saw the signing of 13 investment memoranda of understanding between the private and public sectors of both countries, across various sectors such as petrochemicals, manufacturing, healthcare, logistics, entertainment, and innovation.
