Latest news with #UAE-Oman
Dubai Eye
27-05-2025
- Business
- Dubai Eye
UAE, Oman launch special economic zone
An agreement has been finalised to develop and operate the first phase of the Al Rawdah Special Economic Zone in Oman's Al Buraimi Governorate, marking a new milestone in UAE-Oman cooperation. The signing took place in Muscat during the official visit of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and the UAE's Deputy Prime Minister and Defence Minister, who led a high-level UAE delegation to the Sultanate. The new zone, to be developed by Mahadha Development Company, a UAE-Oman joint venture with DP World as majority partner, will cover 14 in its first phase and expand to 25 in the future. It will focus on sectors such as logistics, manufacturing, pharmaceuticals and food processing, and aims to boost regional connectivity with links to Jebel Ali and Sohar ports. Omani officials emphasized the zone's role in advancing Oman Vision 2040, creating jobs, attracting foreign investment, and supporting sustainable development across key industries. DP World Chairman Sultan Ahmed bin Sulayem said the project reflects the deepening trade ties between the UAE and Oman and will bring long-term economic value to both nations. — Hamdan bin Mohammed (@HamdanMohammed) May 26, 2025
Sharjah 24
26-05-2025
- Business
- Sharjah 24
Hamdan bin Mohammed meets Oman's Deputy Prime Minister
Strengthening strategic cooperation The meeting explored opportunities to further deepen strategic cooperation between the UAE and Oman across various sectors, underpinned by the strong historical and fraternal ties shared by the two nations and their peoples. Official visit reflects deepening ties Held as part of His Highness Sheikh Hamdan's official visit to Oman at the head of a high-level delegation, the meeting reflected the growing momentum in bilateral cooperation, guided by the vision and directives of His Highness Sheikh Emphasis on high-level engagement During the meeting, H.H. Sheikh Hamdan bin Mohammed underscored the significance of continued high-level exchanges and ongoing ministerial and government engagement, which reflect the shared commitment of both nations to further strengthen UAE-Oman ties. He noted that strengthening bilateral ties serves national development goals, particularly in the economic, political, scientific, and cultural spheres. Focus on sustainable development The meeting highlighted the importance of ongoing coordination to advance mutual interests and drive comprehensive, sustainable development in both nations. The discussions also touched on ways to enhance Gulf cooperation, with a focus on increasing trade and tourism flows, promoting mutual investments, and encouraging the private sector to play a greater role in launching joint ventures that contribute to growth across the industrial, commercial, and investment sectors. Growing economic relations Sheikh Hamdan praised the continued growth of UAE-Oman economic relations. Oman remains the UAE's second-largest trading partner among GCC countries. In 2024, non-oil trade between the two nations surpassed AED56.1 billion, marking a 9.8% increase compared to 2023. He expressed confidence that further opportunities lie ahead to expand trade and boost tourism flows, especially given the rich and diverse offerings that both countries boast. High-level attendees The meeting was attended by His Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai; His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, Chairman of Dubai Airports, and Chairman and Chief Executive of Emirates Airline and Group; and Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of the Dubai Culture and Arts Authority. Omani welcome and commitment His Highness Sayyid Fahd bin Mahmoud Al Said welcomed His Highness Sheikh Hamdan bin Mohammed and the accompanying delegation to Oman, emphasising that the visit reflects the depth of the ties between the two brotherly nations. He noted that the visit would serve to further advance strategic cooperation in support of mutual development goals and continued economic growth. Sayyid Fahd reiterated Oman's commitment to strengthening cooperation and enhancing bilateral relations aligned with the two countries' shared strategic aspirations for the future. Regional and global developments The meeting also covered a range of regional and international developments, including the latest updates from the Middle East, and ongoing efforts to promote peace, security, and stability in the region. Additional UAE officials in attendance The meeting was also attended by Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs; Sheikh Salem bin Khalid Al Qassimi, Minister of Culture; Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade; Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications; Her Excellency Maryam bint Ahmed Al Hammadi, Minister of State; Sultan bin Saeed Al Mansoori, Chairman of Dubai Chambers; Abdullah Al Basti, Secretary General of The Executive Council of Dubai; Lieutenant General Talal Belhoul Al Falasi, President of Dubai's State Security Department; Helal Saeed Al Marri, Director General of Dubai Department of Economy and Tourism; and Sultan Ahmed bin Sulayem, Chairman of the Ports, Customs and Free Zone Corporation, Chairman and CEO of DP World, and Chairman of the Dubai International Chamber.
Al Etihad
26-05-2025
- Business
- Al Etihad
Hamdan bin Mohammed meets with Oman's Deputy Prime Minister for Cabinet Affairs
26 May 2025 18:32 MUSCAT (WAM)His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence of the UAE, met on Monday in Muscat with His Highness Sayyid Fahd bin Mahmoud Al Said, Deputy Prime Minister for Cabinet Affairs of meeting explored opportunities to further deepen strategic cooperation between the UAE and Oman across various sectors, underpinned by the strong historical and fraternal ties shared by the two nations and their as part of His Highness Sheikh Hamdan's official visit to Oman at the head of a high-level delegation, the meeting reflected the growing momentum in bilateral cooperation, guided by the vision and directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, and His Majesty Sultan Haitham bin Tariq Al Said, Sultan of the meeting, His Highness Sheikh Hamdan bin Mohammed underscored the significance of continued high-level exchanges and ongoing ministerial and government engagement, which reflect the shared commitment of both nations to further strengthen UAE-Oman ties. He noted that strengthening bilateral ties serves national development goals, particularly in the economic, political, scientific, and cultural meeting highlighted the importance of ongoing coordination to advance mutual interests and drive comprehensive, sustainable development in both discussions also touched on ways to enhance Gulf cooperation, with a focus on increasing trade and tourism flows, promoting mutual investments, and encouraging the private sector to play a greater role in launching joint ventures that contribute to growth across the industrial, commercial, and investment Hamdan praised the continued growth of UAE-Oman economic remains the UAE's second-largest trading partner among GCC countries. In 2024, non-oil trade between the two nations surpassed Dh56.1 billion, marking a 9.8% increase compared to 2023. He expressed confidence that further opportunities lie ahead to expand trade and boost tourism flows, especially given the rich and diverse offerings that both countries meeting was attended by His Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai; His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, Chairman of Dubai Airports, and Chairman and Chief Executive of Emirates Airline and Group; and Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of the Dubai Culture and Arts Highness Sayyid Fahd bin Mahmoud Al Said welcomed His Highness Sheikh Hamdan bin Mohammed and the accompanying delegation to Oman, emphasising that the visit reflects the depth of the ties between the two brotherly nations. He noted that the visit would serve to further advance strategic cooperation in support of mutual development goals and continued economic Fahd reiterated Oman's commitment to strengthening cooperation, and enhancing bilateral relations, aligned with the two countries' shared strategic aspirations for the meeting also covered a range of regional and international developments, including the latest updates from the Middle East, and ongoing efforts to promote peace, security, and stability in the region. The meeting was also attended by Mohammad bin Abdullah Al Gergawi, UAE Minister of Cabinet Affairs; Sheikh Salem bin Khalid Al Qassimi, Minister of Culture; Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade; Omar Sultan Al Olama, UAE Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications; Maryam bint Ahmed Al Hammadi, UAE Minister of State; Sultan bin Saeed Al Mansoori, Chairman of Dubai Chambers; Abdullah Al Basti, Secretary General of The Executive Council of Dubai; Lieutenant General Talal Belhoul Al Falasi, President of Dubai's State Security Department; Helal Saeed Al Marri, Director General of Dubai Department of Economy and Tourism; and Sultan Ahmed bin Sulayem, Chairman of the Ports, Customs and Free Zone Corporation, Chairman and CEO of DP World, and Chairman of the Dubai International Chamber.
Sharjah 24
26-05-2025
- Business
- Sharjah 24
Hamdan bin Mohammed to begin official visit to Oman
Strengthening UAE-Oman relations During the visit, Sheikh Hamdan will meet with His Majesty Sultan Haitham bin Tariq Al Said, Sultan of Oman, and hold talks with senior Omani officials. The discussions will focus on enhancing bilateral cooperation and reinforcing the deep-rooted ties between the two nations. Senior leaders accompanying the delegation His Highness Sheikh Hamdan will be accompanied by His Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai; His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority, Chairman of Dubai Airports, and Chairman and Chief Executive of Emirates Airline and Group, and Chairman of the Dubai Integrated Economic Zones Authority (DIEZ); and Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of the Dubai Culture and Arts Authority. Ministerial and executive officials in attendance Other prominent officials accompanying the Crown Prince include Mohammad bin Abdullah Al Gergawi is the Minister of Cabinet Affairs; Sheikh Salem bin Khalid Al Qassimi, Minister of Culture; Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade; Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Application; Maryam bint Ahmed Al Hammadi, Minister of State; Sultan bin Saeed Al Mansoori, Chairman of Dubai Chambers; Abdulla Al Basti, Secretary General of The Executive Council of Dubai; Lieutenant General Talal Belhoul Al Falasi, President of Dubai's State Security Department; Helal Saeed Al Marri, Director General of Dubai Department of Economy and Tourism; Sultan Ahmed bin Sulayem, Chairman of the Ports, Customs and Free Zone Corporation, Chairman and CEO of DP World, and Chairman of the Dubai International Chamber of Commerce. The visit underscores the UAE's commitment to deepening regional partnerships and fostering strategic ties with Oman across multiple sectors.
Zawya
28-04-2025
- Business
- Zawya
Oman-UAE non-oil trade jumps 9.8% to $15.3bln in 2024
Oman continues to maintain its position as the UAE's second largest trading partner in the GCC, and non-oil trade between the two countries grew in 2024 to AED56.2 billion ($15.3 billion), an increase of 9.8% compared to 2023, Dr Thani Al Zeyoudi, UAE Minister of State for Foreign Trade, has said. His comments came during his official visit to Muscat, where he participated in the 'Advantage Oman Forum, 2025', which aims to highlight future investment opportunities in emerging sectors. The increase in non-oil trade between the UAE and Oman reflects strong relations between the two nations. He said these ties help ensure both countries meet their development goals and that this trajectory contributes to economic growth, ensuring both business communities build long-lasting partnerships. Dr Al Zeyoudi stressed that UAE-Oman relations are an example of what a strategic partnership between neighbouring countries aimed at achieving prosperity and sustainable development should be. Their partnership contributes to the hopes of both their peoples and boosts development on both sides. During the visit, Dr Al Zeyoudi also met with Qais bin Mohammed Al Yousef, Oman's Minister of Commerce, Industry and Investment Promotion, and a number of other senior officials, where the two sides exchanged ideas on upgrading ties between their countries. Dr Al Zeyoudi also held meetings with other ministers and senior officials, to discuss ways to enhance bilateral cooperation in mutually beneficial areas. Organised by the Ministry of Commerce, Industry and Investment Promotion, the 'Advantage Oman Forum, 2025' discussed the potential of the global investment environment, the trends shaping the future of promising sectors, and the discovery of opportunities. - TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
