Riyadh, December 22, 2023, Minister of Economy and Planning, Faisal bin Fadel Al-Ibrahim, engaged in a significant meeting in Muscat with his Omani counterpart, Minister of Trade, Industry, and Investment Promotion, Qais bin Mohammed Al-Yousef. The discussions between the two ministers centered around the latest developments of mutual interest and explored potential avenues for collaboration in the realms of industry, commerce, and investment.
The meeting served as a platform for both sides to exchange insights and perspectives on shared economic goals and aspirations. Emphasis was placed on identifying opportunities for strengthening ties in the industrial sector, fostering commercial partnerships, and promoting investment cooperation between the two nations.
As both countries seek to enhance economic cooperation, the meeting provided a valuable opportunity for high-level dialogue, fostering a framework for future collaboration. The deliberations aimed to lay the groundwork for joint initiatives that could contribute to the economic growth and prosperity of both Saudi Arabia and Oman.
The encounter between Minister Faisal bin Fadel Al-Ibrahim and Minister Qais bin Mohammed Al-Yousef underscores the commitment of both nations to exploring synergies and maximizing opportunities for mutual benefit in the dynamic landscape of industry, commerce, and investment. The outcome of this meeting is anticipated to pave the way for tangible initiatives that will further strengthen the economic ties between Saudi Arabia and Oman.
