Page 191 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 1)

4/29/25, 3:16 PM UAE, Oman boost bilateral trade and investment ties at Advantage Oman Forum
Forum highlights Oman’s economic potential

Organized 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.

The two-day event brought together over 250 prominent figures, including senior officials, decision-
makers and regional and international investors, highlighting Oman’s position as a promising
investment destination.

In his opening speech, Al Yousef emphasized that the forum marks a first-of-its-kind strategic event
for Oman, attracting top decision-makers, business leaders and investors across key sectors. The
forum comes as Oman experiences significant growth in the economic and investment fields,
supported by rising international indicators.

He noted that the forum coincides with a period of increasing momentum in Oman’s economic and
investment sectors. Foreign direct investment (FDI) inflows grew by 16.2 percent in Q3 2024
compared to the same period in 2023. Additionally, Oman’s credit rating was upgraded to BBB-
with a stable outlook by Standard & Poor’s.

Oman’s GDP is also expected to grow by 3.4 percent this year, outperforming many global
economies—a testament to the resilience of the national economy and international market
confidence.

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