- The Qatar-Oman Investment Forum promoted trade and collaboration in the logistics, food security, and tourism sectors.
- Bilateral trade in 2024 reached $1.2 billion in the first seven months, showcasing robust economic relations.
- Qatari investments in Oman focus on energy, tourism, and logistics, supporting Oman Vision 2040’s goals.
The Qatar-Oman Investment Forum recently served as a dynamic platform to deepen economic cooperation and promote mutual investments between Qatar and Oman. Held in Doha, the event brought together key representatives from government entities, private sectors, and major corporations from both nations.
Undersecretary of the Ministry of Commerce and Industry, H.E. Mohamed bin Hassan Al Malki, highlighted the forum’s significance in exploring strategic investment opportunities and fostering bilateral partnerships. He emphasized the robust trade relations between the two countries, with bilateral trade reaching $1.2 billion in the first seven months of 2024.
H.E. Al Malki also encouraged businesses to leverage the forum for establishing partnerships that align with shared national visions—Qatar National Vision 2030 and Oman Vision 2040.
Speaking on Oman’s economic contributions, H.E. Ibtisam bint Ahmed Al Farooji, Undersecretary of the Ministry of Commerce, Industry and Investment Promotion, highlighted OMR 2 billion (approximately QR 19 billion) worth of Qatari investments in Oman. These investments focus on strategic sectors such as energy, tourism, and real estate. In return, Omani investments in Qatar strengthen services and logistics industries.
Collaborations in Key Sectors
The forum emphasized creating robust frameworks to promote investments in logistics, food security, and tourism—sectors vital for sustainable development. Detailed presentations underscored emerging business opportunities, while bilateral meetings facilitated discussions on potential partnerships.
Strengthening Shared Visions
Qatar and Oman reiterated their commitment to building deeper economic bridges through collaborative efforts, aiming for sustainable development and growth. The forum not only celebrated existing trade achievements but also set the foundation for future partnerships.
With representatives from prominent sectors participating, the Qatar-Oman Investment Forum marked a pivotal moment in fostering enduring economic ties between the two Gulf nations.
