MUSCAT: His Royal Highness Prince Mohammed bin Salman bin Abdulaziz al Saud, Crown Prince, Deputy Prime Minister and Minister of Defence of the Kingdom of Saudi Arabia, will visit the Sultanate of Oman, on Monday.
A statement from the Diwan of Royal Court said that the visit is based on the deeply-rooted historical relations binding the Sultanate of Oman and the sisterly Kingdom of Saudi Arabia and is aimed at consolidating the bonds of love and affection between the two peoples.
The statement said that the visit comes to complement the outcome of the meeting of His Majesty Sultan Haitham bin Tarik and his brother King Salman bin Abdulaziz al Saud of the Kingdom of Saudi Arabia, during His Majesty’s visit to Saudi in July this year.
NEW STAGE
The Sultanate of Oman and Saudi Arabia, led by His Majesty Sultan Haitham bin Tarik and King Salman bin Abdulaziz al Saud of Saudi Arabia, are set for a new stage of economic and investment cooperation in all fields.
Last July, the two countries reaffirmed plans to engage in joint investment in advanced technologies, innovation, renewable energy projects, industry health, real estate, tourism, petrochemical converting industries, supply chains, logistics partnership, information technology and financial technology.
The achievements made over the past five months and the active exchange of visits among officials reflect the keen desire of the two countries to work together. This includes the establishment of the Omani-Saudi Investment Forum held in August in Muscat where a number of agreements and memoranda of understanding were signed between business persons.
The Omani-Saudi Businessmen Council held a meeting here in August with a view to
accelerating integration in commercial, investment and economic fields.
Ridha bin Juma al Saleh, Chairman of Oman Chamber of Commerce and Industry (OCCI), said that the visit of Prince Mohammed bin Salman al Saud to the Sultanate of Oman assumes great significance and will reflect positively at various levels.
In a statement to Oman News Agency (ONA), Al Saleh said that the visit consolidates the ties of affinity and serves the two countries interests and status at the regional and international arenas. The Sultanate of Oman and Saudi Arabia constitute basic pillars in the GCC and they carry strategic weight towards advancing joint Arab action, said Al Saleh, noting that the two countries share identical views towards domestic development and that their visions are enshrined in Oman Vision 2040 and Saudi Vision 2030. — ona
