QC Chairman, Oman Undersecretary of Commerce Ministry review boosting cooperation ties

Qatar Chamber’s Chairman HE Sheikh Khalifa bin Jassim Al Thani met on Tuesday at the Chamber’s headquarters with HE Aseela bint Salem Al Samsamia, Undersecretary of the Ministry of Commerce, Industry, and Investment Promotion of the Sultanate of Oman.

The meeting was attended by QC board member Ibtihaj Al Ahmadani and Ambassador of the Sultanate of Oman to the State of Qatar H E Najib bin Yahya Al Balushi.

The meeting reviewed fields of joint economic and commercial cooperation between the two brotherly countries, and ways to enhancing them, especially at the level of the private sector, and the role it can perform to develop mutual investments and take their trade exchange to higher levels.

It also reviewed the possibly of holding a Qatari-Omani business forum in Oman with the participation of businessmen and investors from both sides to discuss the investment climate, available opportunities, and the possibility of establishing joint ventures.

Addressing the meeting, HE Sheikh Khaifa praised the level of cooperation between the Qatari private sector with its Omani counterpart which witnessed significant development over the past few years, noting that the two countries’ trade volume reached last year nearly QR4.5bn.

According to the certificates of origin issued by the Chamber, he said, Oman topped destinations that received exports by Qatari private sector in 2021, noting that this confirmed the close relations between the private sector of both countries and both brotherly countries in general.

HE Sheikh Khalifa also said that there are more than 200 Omani companies operating in Qatar with 100 % Omani ownership and about 200 Omani companies with Qatari partners in various sectors such as trade, contracting, services, hospitality, energy, and maintenance.

For her part, HE Aseela bint Salem Al Samsami paid tribute to the deep relation between the two brotherly countries, stressing the importance to further cement commercial cooperation between both sides, especially at the level of the private sector to achieve the desirable integration between both countries.

Al Samsami noted that there are substantial opportunities for investment in Oman in various sectors such as manufacturing, renewable energy, agriculture, and others, assuring that Oman offers many incentives to attract foreign investments in all sectors and that Qatari investors willing to invest in Oman will gain considerable incentives and advantages,

QC board member Ibtihaj Al Ahmadani underscored the importance of enhancing cooperation between businesswomen in both countries, citing the vital role played by the Qatari Businesswomen Forum in underpinning the role of Qatari woman in the national economy.

Al Ahmadani also pointed out that the past few years saw an increasing commercial and investment activities, hoping that businesswomen from Qatar and Oman forge joint ventures and partnerships.

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