Latest news with #Oman-QatarEconomicForum
Zawya
31-01-2025
- Business
- Zawya
QC Chairman calls for more Qatari-Omani trade alliances
Doha: Qatar Chamber (QC) recently participated in the Oman-Qatar Economic Forum, held yesterday, in Muscat, on the sidelines of the Amir H H Sheikh Tamim bin Hamad Al Thani's visit to the Sultanate of Oman. The Chamber's delegation was led by Sheikh Khalifa bin Jassim Al Thani, Chairman, and included Rashid bin Hamad Al Athba, Second Vice Chairman, along with several board members, the General Manager, and a number of Qatari businessmen. The forum focused on enhancing trade and economic cooperation between the two brotherly countries, emphasizing the role of the private sector in strengthening trade exchanges and fostering joint investments. In statements, Sheikh Khalifa bin Jassim affirmed that the visit of His Highness the Amir to Oman reflects the deep-rooted fraternal relations between the two brotherly peoples and their wise leadership. He expressed confidence that the visit will pave the way for more joint investments with significant economic returns for both nations. He highlighted the significant growth in trade volume between the two countries in recent years, noting that Oman has become one of Qatar's key trade and investment partners. Further, he pointed out that Qatari investments in Oman extend across various sectors, including manufacturing, food security, education, and other economic and service sectors. Sheikh Khalifa urged Omani companies to invest in Qatar and called for increased alliances and partnerships between Qatari and Omani companies to further enhance trade exchange between the two brotherly nations. Qatar Chamber Chairman further pointed out that the chambers of both countries have established the Qatar-Oman Joint Business Council, emphasizing its role in promoting trade and investment relations. He also highlighted that both countries offer an attractive investment climate, advanced legal and legislative frameworks, state-of-the-art infrastructure, and numerous competitive advantages. 'These factors will propel trade relations between the two countries to new heights, fostering enhanced communication between businessmen and companies from both sides,' he added. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
30-01-2025
- Business
- Zawya
Qatar-Oman trade exchange exceeded $1.8bln in 2024
Doha, Qatar: Minister of Commerce and Industry, H E Sheikh Faisal bin Thani bin Faisal Al Thani and Minister of Commerce, Industry and Investment Promotion of the Sultanate of Oman, H E Qais bin Mohammed Al Yousef inaugurated yesterday, the Oman-Qatar Economic Forum, held in Muscat, on the sidelines of the visit of Amir H H Sheikh Tamim bin Hamad Al Thani to the Sultanate of Oman. The forum drew large participation from top businessmen, investors, and leaders of major Qatari and Omani companies in diverse industries. The forum aims to enhance trade, investment and industrial cooperation between the two countries and unlock new prospects for the Qatari and Omani private sectors to establish investment projects in the sectors of mutual interest. It is a pivotal step toward expanding cooperation and delivering new investment opportunities that help achieve economic and commercial benefits for both sides. In his opening speech, Sheikh Faisal bin Thani bin Faisal Al Thani stressed the depth of the relations between the State of Qatar and the Sultanate of Oman based on a shared history and close ties between the two peoples. He pointed out that the Qatar-Oman bilateral relations have witnessed significant development, thanks to mutual official visits and a shared willingness of both leaderships to advance bilateral cooperation and unlock new prospects for partnership and investment. He assessed that the forum represents a pivotal platform for enhancing dialogue between the public and private sectors in both countries, as it stimulates partnerships and mutual investments, noting that the volume of trade exchange between Qatar and Oman exceeded $1.8bn by the end of 2024. His Excellency urged businessmen and investors in the Sultanate of Oman to leverage the unique business and investment environment in the State of Qatar, and the promising opportunities in the key sectors designated under Qatar National Development Strategy. During the forum, the two parties highlighted the advantages of the business environment in both countries, and discussed pathways to enhance cooperation in various fields. The forum comprised several dialogue sessions under the titles: 'A Shared Future Vision for Industrial and Logistics Integration between Qatar and Oman', 'Tourism and Hospitality Towards Sustainability: Enhancing Tourism and Hospitality Prospects between Qatar and Oman', and 'Technology and Digital Services: Towards an Integrated Digital Economy between Qatar and Oman'. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. (
