Page 273 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 1)

4/28/25, 2:18 PM Oman, UAE boost bilateral trade, investment ties at Advantage Oman Forum
build long-lasting partnerships.

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 per

cent compared to 2023, and an increase of 32.4 per cent 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. (ANI/WAM)

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