Latest news with #OMR750
Zawya
30-01-2025
- Business
- Zawya
Omani-Indian panel to boost trade relations
Muscat: The Joint Omani-Indian Committee yesterday held its 11th session in Muscat to review trade and investment relations between the two countries and means of enhancing them in sectors of mutual interest. The Omani side was headed by Qais Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion and Piyush Goyal, Minister of Commerce and Industry of the Republic of India. During the session, the two sides explored means of expanding cooperation in the fields of renewable energy, technology, healthcare and tourism. It also discussed the progress made as a result of important diplomatic visits, including the visit of His Majesty Sultan Haitham bin Tarik to the Republic of India in December 2023. The visit constituted a turning point in enhancing cooperation between the two countries. The investments of Indian companies in Oman crossed OMR750 million till December 2023. Meanwhile, the accumulative investment flow from Oman to India reached OMR600 million during the years 2000-2024. Both sides affirmed the importance of cooperation in the fields of renewable energy, namely in green hydrogen and green ammonia. They also underlined the importance of focusing on areas of food security, agricultural investment and technology transfer. The session highlighted areas of cooperation in the field of health and education, as well as boosting cooperation in the fields of special economic zones, transport and logistics. The two sides agreed to establish a joint investment fund to support the establishment of infrastructure projects in this field. Qais Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion lauded the depth of trade and investment relations between the two countries. He also affirmed that the visit of His Majesty the Sultan to India on December 2023 was the first since more than 25 years. The visit constituted an important milestone in enhancing partnership between Oman and India. Al Yousef added that trade between Oman and India saw noticeable growth over the past years and bilateral trade in 2023 reached RO 2.05 billion, which reflects the depth of these economic relations. On his turn, Piyush Goyal, Minister of Commerce and Industry of the Republic of India said that there many possibilities to expand business and investment relations between Oman and India, especially since negotiations have reached the final stages before reaching to a comprehensive economic partnership agreement between Oman and India. Pankaj Khimji, Advisor for Foreign Trade and International Cooperation at the Ministry of Commerce, Industry and Investment Promotion stressed the importance of enhancing cooperation in the fields of technology, industry, agriculture, tourism and renewable energy. He also reiterated the Sultanate of Oman's keenness to realize its economic vision by adopting innovative policies that contribute to economic growth. © Muscat Media Group Provided by SyndiGate Media Inc. (
Times of Oman
28-01-2025
- Business
- Times of Oman
Omani-Indian panel to boost trade relations
Muscat: The Joint Omani-Indian Committee yesterday held its 11th session in Muscat to review trade and investment relations between the two countries and means of enhancing them in sectors of mutual interest. The Omani side was headed by Qais Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion and Piyush Goyal, Minister of Commerce and Industry of the Republic of India. During the session, the two sides explored means of expanding cooperation in the fields of renewable energy, technology, healthcare and tourism. It also discussed the progress made as a result of important diplomatic visits, including the visit of His Majesty Sultan Haitham bin Tarik to the Republic of India in December 2023. The visit constituted a turning point in enhancing cooperation between the two countries. The investments of Indian companies in Oman crossed OMR750 million till December 2023. Meanwhile, the accumulative investment flow from Oman to India reached OMR600 million during the years 2000-2024. Both sides affirmed the importance of cooperation in the fields of renewable energy, namely in green hydrogen and green ammonia. They also underlined the importance of focusing on areas of food security, agricultural investment and technology transfer. The session highlighted areas of cooperation in the field of health and education, as well as boosting cooperation in the fields of special economic zones, transport and logistics. The two sides agreed to establish a joint investment fund to support the establishment of infrastructure projects in this field. Qais Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion lauded the depth of trade and investment relations between the two countries. He also affirmed that the visit of His Majesty the Sultan to India on December 2023 was the first since more than 25 years. The visit constituted an important milestone in enhancing partnership between Oman and India. Al Yousef added that trade between Oman and India saw noticeable growth over the past years and bilateral trade in 2023 reached RO 2.05 billion, which reflects the depth of these economic relations. On his turn, Piyush Goyal, Minister of Commerce and Industry of the Republic of India said that there many possibilities to expand business and investment relations between Oman and India, especially since negotiations have reached the final stages before reaching to a comprehensive economic partnership agreement between Oman and India. Pankaj Khimji, Advisor for Foreign Trade and International Cooperation at the Ministry of Commerce, Industry and Investment Promotion stressed the importance of enhancing cooperation in the fields of technology, industry, agriculture, tourism and renewable energy. He also reiterated the Sultanate of Oman's keenness to realize its economic vision by adopting innovative policies that contribute to economic growth.
Times of Oman
27-01-2025
- Health
- Times of Oman
Al Amerat Heights Health Complex opens
Muscat: As part of the Sultanate of Oman's commitment to enhancing a sustainable healthcare system and ensuring community well-being, and in response to the growing demand for healthcare services, the Ministry of Health (MOH) celebrated on Monday the opening of the Al Amerat Heights Health Complex in the Governorate of Muscat. The opening ceremony was held under the patronage of Ahmed Saleh Al Rashdi, the Undersecretary of the Ministry of Endowments and Religious Affairs, in the presence of Dr. Ahmed Salim Al Mandhari, MOH Undersecretary for Planning and Health Regulation. During the ceremony, Dr. Samira Mousa Al Maimani, Acting Director-General of Health Services in the Governorate of Muscat gave a speech during which she pointed out that the opening of the health complex is part of ongoing efforts to provide high-quality healthcare services that meet the needs of both citizens and residents. She emphasised that this represents an important step towards achieving the goals of Oman Vision 2040, which aims to build a sustainable healthcare system that enhances the quality of life and raises the standard of healthcare services. The Al Amerat Heights Health Complex offers a comprehensive range of primary healthcare services, including general medicine clinics, an expanded immunization program, as well as a variety of specialized clinics such as those for chronic diseases, hypertension and diabetes, and asthma. Furthermore, the complex includes dedicated clinics for maternal care, an early detection program for non-communicable diseases, breast cancer screening, elderly health checkups, and a smoking cessation clinic. With regard to specialised care, the complex includes a range of secondary healthcare specialized clinics, such as internal medicine, pediatrics, otolaryngology, and ophthalmology, as well as a laboratory, pharmacy, two examination rooms, a meeting and training hall, and a room for computer system control. Additionally, the complex is equipped with 19 beds, with the possibility of expansion, distributed across various clinics within the facility. It is worth noting that the construction of the complex took 16 months, covering a building area of 15,000 square metres, with a total cost of approximately OMR750,000. This complex represents a significant addition to the healthcare system and reflects the government's ongoing efforts to provide comprehensive healthcare services with high-quality standards.
