Saudi and Omani companies sign 13 MoUs ahead Saudi Crown Prince visit

Saudi and Omani companies sign 13 MoUs ahead Saudi Crown Prince visit

Saudi Arabia and Oman have signed 13 Memoranda of Understanding (MoUs) for joint work on specific projects within economic sectors, through a number of companies owned by the Oman Investment Authority and Oman’s private sector alongside their Saudi counterparts.

The state television of Oman reported that the Oman Minerals Development Company signed a deal with the Saudi Maaden Company to assess exploration and development opportunities in the mining sector.

For the latest headlines, follow our Google News channel online or via the app.

The Omani Okio Group also signed three MoUs with Saudi ACWA Power, Air Products, Aramco Trading and SABIC.

The Muscat Stock Exchange signed a memorandum of understanding with the Saudi Tadawul group to cooperate in stock exchange operations and dual listing of companies.

Saudi Arabia’s Crown Prince Mohammed bin Salman began a Gulf tour that includes the Sultanate of Oman, the UAE, Bahrain, Qatar and Kuwait, ahead of the GCC summit, which Riyadh will host this month.

Read more:

Saudi Crown Prince to start tour of Gulf states

Saudi Crown Prince attends inaugural Saudi Arabian Grand Prix

French President Macron holds talks with Saudi Crown Prince Mohammed bin Salman