Page 193 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 1)

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4/29/25, 3:17 PM Oman, UAE boost bilateral trade, investment ties at Advantage Oman Forum
Dr Thani Al Zeyoudi noted Oman continues to maintain its position as the UAE's second largest trading
partner in the GCC, and non-oil trade between the two countries grew in 2024, to AED56.2 billion
(US$15.3 billion), an increase of 9.8% compared to 2023, and an increase of 32.4% compared to 2020.

He stressed that UAE-Oman relations are an example of what a strategic partnership between

neighbouring countries aimed at achieving prosperity and sustainable development should be. Their
partnership contributes to the hopes of both their peoples and boosts development on both sides.

During the visit, Dr Al Zeyoudi also met with Qais bin Mohammed Al Yousef, Oman’s Minister of
Commerce, Industry and Investment Promotion, and a number of other senior officials, where the two

sides exchanged ideas on upgrading ties between their countries.

Al Zeyoudi also held meetings with other ministers and senior officials, to discuss ways to enhance
bilateral cooperation in mutually beneficial areas.
Organised 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.