UAE, Oman sign a number of MoUs aimed at increasing economic cooperation

UAE, Oman sign a number of MoUs aimed at increasing economic cooperation

Sheikh Mohamed and Sultan Haitham review areas of cooperation and explore opportunities for collaboration

By WAM Published: Wed 28 Sep 2022, 5:00 PM Last updated: Wed 28 Sep 2022, 5:32 PM

President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Tuesday made a state visit to the Sultanate of Oman and met with His Majesty Sultan Haitham bin Tariq, the Sultan of Oman, to further strengthen bilateral relations between the two nations.

The two leaders reviewed current areas of cooperation and explored opportunities for further collaboration. They praised the progress made in the political, security, scientific, economic and cultural sectors for the mutual benefit of the two countries.

The two sides welcomed the signing of a number of memoranda of understanding (MoUs) aimed at increasing economic cooperation between the UAE and Oman. These covered several areas, including industry, advanced technology, energy, rail connectivity, higher education, scientific research, the cultural and youth sectors and the exchange of news.

Additional agreements were signed relating to the exchange of information to combat money laundering and prevent crime, as well as the financing of terrorism.

Sheikh Mohamed and the Sultan welcomed the effective communication between the governments of both countries to strengthen bilateral relations and stressed the important role