RIYADH (RAHNUMA): Saudi Arabia’s Minister of Investment Khalid bin Abdul Aziz Al-Falih, who is heading the Kingdom’s delegation visiting Muscat, met with Omani Minister of Heritage and Tourism Salim bin Mohammed Al-Mahrouqi.
The two ministers discussed investment opportunities in the fields of tourism and vowed to strengthen bilateral cooperation. The meeting was attended by Saudi Arabia’s ambassador to Oman, Abdullah bin Saud Al-Enezi, and officials from both countries.
Al-Falih on Sunday said a number of leading Saudi companies are interested in making investments in vital sectors in Oman, such as petrochemicals, healthcare and renewable energy.
The minister said the trade volume between the two countries amounted to more than SR2 billion ($533 million) in the first quarter of 2021, the SPA reported.
He said the trade exchange between the two brotherly countries was hit due to the coronavirus disease pandemic but now it is rising back to the pre-pandemic level.