Oman top destination for exports by Qatar’s private sector: QC chief

Qatar Chamber Chairman Sheikh Khalifa bin Jassim Al Thani met with Aseela bint Salem Al Samsamia, undersecretary of the Ministry of Commerce, Industry, and Investment Promotion of Oman at the Chamber’s headquarters on Tuesday.
The meeting was attended by QC Board Member Ibtihaj Al Ahmadani and ambassador of Oman to Qatar HE Najib bin Yahya Al Balushi.
The meeting reviewed fields of joint economic and commercial cooperation between the two brotherly countries, and ways to enhance them, especially at the level of the private sector, and the role it can perform to develop mutual investments and take their trade exchange to higher levels.
It also reviewed the possibility of holding a Qatari-Omani business forum in Oman with the participation of businessmen and investors from both sides to discuss the investment climate, available opportunities, and the possibility of establishing joint ventures.
Addressing the meeting, Sheikh Khalifa praised the level of cooperation between the Qatari private sector and its Omani counterpart that witnessed significant growth over the past few years, noting that the two countries’ trade volume reached last year nearly QR4.5 billion.
According to the certificates of origin issued by the chamber, he said, “Oman topped destinations that received exports by Qatari private sector in 2021, noting that this confirmed the close relations between the private sector of both countries and both brotherly countries in general.”
Sheikh Khalifa also said that there are more than 200 Omani companies operating in Qatar with 100 percent Omani ownership and about 200 Omani companies with Qatari partners in various sectors such as trade, contracting, services, hospitality, energy, and maintenance.
For her part, Aseela bint Salem Al Samsami praised the deep relationship between the two brotherly countries, stressing the importance to further cementing commercial cooperation between both sides, especially at the level of the private sector to achieve the desired integration between both countries.
Samsami noted that there are substantial opportunities for investment in Oman in various sectors such as manufacturing, renewable energy, agriculture, and others, assuring that Oman offers many incentives to attract foreign investments in all sectors and that Qatari investors willing to invest in Oman will gain considerable incentives and advantages.
Speaking on the occasion, QC board member Ibtihaj Al Ahmadani underscored the importance of enhancing cooperation between businesswomen in both countries, citing the vital role played by the Qatari Businesswomen Forum in underpinning the role of Qatari women in the national economy.
Ahmadani also pointed out that the past few years saw an increasingly commercial and investment activities, hoping that businesswomen from Qatar and Oman forge joint ventures and partnerships.