Page 197 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 1)
P. 197
4/29/25, 3:17 PM UAE, Oman boost trade ties at Advantage Oman Forum 2025
During his official visit to Muscat, he took part in the ‘Advantage Oman Forum
2025’, which focuses on showcasing future investment opportunities in emerging
sectors. The Advantage Oman Forum 2025 is a premier event designed to
showcase Oman’s strategic initiatives and investment opportunities across
emerging sectors.
Dr. Thani Al Zeyoudi noted Oman continues to
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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 $15.3 billion (AED56.2 billion), an increase
of 9.8 percent compared to 2023, and an
UAE CEPA program led to increase of 32.4 percent compared to 2020.
26 bilateral trade
He stressed that UAE-Oman relations are an
agreements globally
example of what a strategic partnership
between neighboring 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.
The UAE Minister also held meetings with other ministers and senior officials, to
discuss ways to enhance bilateral cooperation in mutually beneficial areas.
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