Page 270 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 1)
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4/28/25, 2:17 PM Oman, UAE boost bilateral trade, investment ties at Advantage Oman Forum
His comments came during his official visit to Muscat, where he participated in the
'Advantage Oman Forum 2025', which aims to highlight future investment
opportunities in emerging sectors.
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.
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