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Oman, Dagestan explore means of enhancing cooperation in economic fields
Oman, Dagestan explore means of enhancing cooperation in economic fields

Times of Oman

time06-05-2025

  • Business
  • Times of Oman

Oman, Dagestan explore means of enhancing cooperation in economic fields

Muscat: Qais Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion met today with Abdulmuslim Abdulmuslimov, Prime Minister of the Republic of Dagestan. During the meeting, the two sides reviewed bilateral relations between Oman and Dagestan. They also explored means of enhancing joint cooperation in economic, trade and investment fields. They touched on available opportunities in sectors of mutual interest, especially in industry, technology, tourism, agriculture and infrastructure. The Minister of Commerce, Industry and Investment Promotion underscored the Sultanate of Oman's keenness in expanding cooperation horizons with Dagestan. He also underlined the importance of exchanging expertise and experiences. The meeting concluded with both sides affirming the importance of continued mutual coordination and devising clear-cut action plans to activate joint ventures and boost trade exchange. The meeting was attended by Dr. Saleh Said Masn, Undersecretary of the Ministry of Commerce, Industry and Investment Promotion for Commerce and Industry, Oleg Vladimirovich Levin, Ambassador-designate of the Russian Federation to the Sultanate of Oman and several officials from both sides.

Oman-Russia Business Forum seeks investment opportunities
Oman-Russia Business Forum seeks investment opportunities

Zawya

time06-05-2025

  • Business
  • Zawya

Oman-Russia Business Forum seeks investment opportunities

Muscat – The Oman Chamber of Commerce and Industry (OCCI) on Monday organised the Oman-Russia Business Forum, as part of the multi-day visit of Abdulmuslim Abdulmuslimov, Prime Minister of the Republic of Dagestan, and his accompanying delegation to Oman. The forum aimed to develop trade relations between Oman and the Republic of Dagestan, strengthen economic and investment cooperation, open new avenues for investment and partnerships across various vital sectors, enhance trade exchange, and explore promising investment opportunities – particularly in agriculture, tourism, trade, fisheries, livestock, and construction. The event targeted investors, producers, exporters, importers, wholesale companies, and government agencies, according to an Oman News Agency report. Speaking at the Oman-Russia Business Forum, Abdulmuslimov highlighted the importance of the forum in reinforcing trade ties between the two sides, noting the significant opportunities it presents in economic and commercial cooperation. He emphasised that the Republic of Dagestan places great importance on deepening collaboration with Oman in various fields, and that such events mark an important step towards developing future partnerships. Faisal bin Abdullah al Rawas, Chairman of the OCCI, said that the Oman-Russia Business Forum reflects the Chamber's vision of strengthening cooperation between Oman and the Republic of Dagestan, which forms a key part of its strategy to develop trade and enhance economic relations with countries around the world. Rawas explained that the forum seeks to build on these relations and identify new opportunities that could boost trade and investment between the two friendly nations, benefiting both Oman's public and private sectors as well as the Republic of Dagestan. He added that joint cooperation between the public and private sectors forms the foundation upon which future success is built. 'Strengthening partnerships between the two sides will help unlock new business opportunities and foster the development of joint projects.' The Oman-Russia Business Forum, which served as a starting point for further fruitful cooperation, is expected to stimulate bilateral business activity, and will enhance the OCCI's role in supporting entrepreneurship and advancing national economic objectives. During the event, a Memorandum of Understanding (MoU) was signed between the Oman Chamber of Commerce and Industry and the Chamber of Commerce of the Republic of Dagestan, with the aim of enhancing trade and investment cooperation and expanding collaboration across several key economic sectors. The forum also featured a visual presentation titled ' Explore the Omani Market', delivered by Shurooq bint Hamad al Farsi, Head of the Committees Department at the OCCI. She reviewed the investment opportunities available in Oman and highlighted current economic trends in the country. For its part, the Dagestani delegation presented a promotional video showcasing investment prospects in the Dagestan region, its competitive advantages, and its importance as a growing economic and commercial hub. The forum concluded with bilateral meetings between Omani and Russian business representatives, during which they discussed potential areas of cooperation and exchanged insights on trade and investment opportunities that could benefit all parties involved. © Apex Press and Publishing Provided by SyndiGate Media Inc. (

Oman-Russia Business Forum seeks investment opportunities
Oman-Russia Business Forum seeks investment opportunities

Muscat Daily

time05-05-2025

  • Business
  • Muscat Daily

Oman-Russia Business Forum seeks investment opportunities

Muscat – The Oman Chamber of Commerce and Industry (OCCI) on Monday organised the Oman-Russia Business Forum, as part of the multi-day visit of Abdulmuslim Abdulmuslimov, Prime Minister of the Republic of Dagestan, and his accompanying delegation to Oman. The forum aimed to develop trade relations between Oman and the Republic of Dagestan, strengthen economic and investment cooperation, open new avenues for investment and partnerships across various vital sectors, enhance trade exchange, and explore promising investment opportunities – particularly in agriculture, tourism, trade, fisheries, livestock, and construction. The event targeted investors, producers, exporters, importers, wholesale companies, and government agencies, according to an Oman News Agency report. Speaking at the Oman-Russia Business Forum, Abdulmuslimov highlighted the importance of the forum in reinforcing trade ties between the two sides, noting the significant opportunities it presents in economic and commercial cooperation. He emphasised that the Republic of Dagestan places great importance on deepening collaboration with Oman in various fields, and that such events mark an important step towards developing future partnerships. Faisal bin Abdullah al Rawas, Chairman of the OCCI, said that the Oman-Russia Business Forum reflects the Chamber's vision of strengthening cooperation between Oman and the Republic of Dagestan, which forms a key part of its strategy to develop trade and enhance economic relations with countries around the world. Rawas explained that the forum seeks to build on these relations and identify new opportunities that could boost trade and investment between the two friendly nations, benefiting both Oman's public and private sectors as well as the Republic of Dagestan. He added that joint cooperation between the public and private sectors forms the foundation upon which future success is built. 'Strengthening partnerships between the two sides will help unlock new business opportunities and foster the development of joint projects.' The Oman-Russia Business Forum, which served as a starting point for further fruitful cooperation, is expected to stimulate bilateral business activity, and will enhance the OCCI's role in supporting entrepreneurship and advancing national economic objectives. During the event, a Memorandum of Understanding (MoU) was signed between the Oman Chamber of Commerce and Industry and the Chamber of Commerce of the Republic of Dagestan, with the aim of enhancing trade and investment cooperation and expanding collaboration across several key economic sectors. The forum also featured a visual presentation titled 'Explore the Omani Market', delivered by Shurooq bint Hamad al Farsi, Head of the Committees Department at the OCCI. She reviewed the investment opportunities available in Oman and highlighted current economic trends in the country. For its part, the Dagestani delegation presented a promotional video showcasing investment prospects in the Dagestan region, its competitive advantages, and its importance as a growing economic and commercial hub. The forum concluded with bilateral meetings between Omani and Russian business representatives, during which they discussed potential areas of cooperation and exchanged insights on trade and investment opportunities that could benefit all parties involved.

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