14 hours ago
Oman named guest of honour at 56th Algiers International Fair
MUSCAT: The Sultanate of Oman is the guest of honour at the 56th edition of the Algiers International Fair, held at the 'Safex Expo Center' in the People's Democratic Republic of Algeria from June 23 to 28.
This participation underscores the strength of fraternal and economic relations between the Sultanate of Oman and the People's Democratic Republic of Algeria, as well as the fruitful cooperation between the two countries across various fields.
The Omani delegation is headed by the Ministry of Commerce, Industry and Investment Promotion, with participation from several government and private sector entities. The Omani pavilion at the international fair features over 60 companies and establishments from diverse industrial, commercial and service sectors, including specialised firms in pharmaceuticals, transportation, electrical transformers, real estate, fisheries, tourism, food products, handicrafts, and more.
The participation aims to explore opportunities of trade and investment exchange, as well as discussing potential partnerships and export prospects to the Algerian market and regional and international markets.
Ibtisam bint Ahmed al Faroojiyah, Under-Secretary of the Ministry of Commerce, Industry and Investment Promotion for Investment Promotion, affirmed that Oman's invitation as guest of honour at this event reflects the depth of bilateral and economic relations between the two countries. She noted that Oman views Algeria as a nation with promising opportunities for cooperation in investment, trade and industry.
She stated that this participation seeks to present Oman as a promising investment hub, highlighting available investment opportunities and showcasing its modern infrastructure, incentives and facilitations for investors, making it a strategic platform for accessing regional and global markets.
She added that the Omani pavilion offers visitors and investors an enriching interactive experience while providing a platform to enhance communication between Omani and Algerian companies.
The Algiers International Fair, held annually, attracts thousands of visitors and participants from around the world. Oman's participation will bolster its commercial and investment presence on the international stage, opening new horizons for the Omani private sector to build sustainable partnerships that support economic diversification and regional integration efforts. - ONA