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الوطن
Oman-China Forum Opens
Omani and Chinese officials and businesspeople said the Oman–China Forum on “Prospects for Investment Partnerships,” held in Beijing on the sidelines of Sultan Haitham bin Tarik’s visit on November 1 and 2, is opening up opportunities for partnerships and joint projects in sectors including technology, energy and manufacturing. The forum saw the signing of 16 agreements and memoranda of understanding, with a combined value of nearly OMR 1 billion. A memorandum was also announced to launch a second investment fund between the Industrial and Commercial Bank of China and the Oman Investment Authority, with a target size of $500 million. It follows a first fund worth $300 million, established in 2020. Participants called for continued coordination between the public and private sectors and for the forum’s outcomes to be turned into sustainable investments, building on Oman’s economic diversification opportunities and investment incentives.
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