Trade with Oman amounted to QR5.4 billion in 2023, says Qatar Chamber

20-05-2024

Qatar Chamber First Vice-Chairman, HE Mohamed bin Twar Al Kuwari, praised the close relations between the State of Qatar and the Sultanate of Oman, emphasizing their advanced ties across various fields, particularly in economic and commercial aspects.

In statements on the sidelines of his participation in the celebrations of the Oman Chamber of Commerce and Industry’s 50th anniversary (Golden Jubilee) in Muscat, Twar said that the two countries’ trade volume grew by 20 percent, reaching QR 5.4 billion in 2023 compared to QR 4.5 billion in 2021.”

As for mutual investments, he noted that there are many Omani companies operating in Qatar across various sectors, highlighting the successful Qatari investments in Oman across a variety of sectors.

He stressed that the Qatar Chamber’s keenness to participate in the ceremony stemmed from its commitment to strengthening communication with Gulf chambers. He affirmed that the Oman Chamber is one of the most important and active chambers among Gulf chambers.

Twar also highlighted the close relations between the Qatar and Oman chambers, citing the exchange of business delegations between both sides to explore new opportunities for cooperation across various sectors in both friendly countries.

During the ceremony, held under the patronage of His Highness Sayyid Dhi Yazan bin Haitham Al Said, Minister of Culture, Sports, and Youth, Shaikh Faisal bin Abdullah al Rawas, Chairman of OCCI’s Board of Directors, reviewed the Chamber’s progress, milestones, and contributions.

The ceremony also marked the launch of a new visual identity for the chamber, as well as the establishment of the Social Investment Center and the Center for Economic Studies and Research.

Back to top button