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Oman and Egypt: Strengthening Economic and Investment Cooperation
Economy

Oman and Egypt: Strengthening Economic and Investment Cooperation

تصویر: تولید هوش مصنوعی

By Khalij News Agency Editorial 3 min Read time 30,235

Abdullah Al-Rahbi, the Omani ambassador in Cairo and the permanent representative of his country to the Arab League, reported on the brotherly and growing relations between Oman and Egypt, which are expanding in various fields. He emphasized that the two countries are seeking to expand these relations into new dimensions.

Visit of the Omani Investment Delegation to Egypt

In this context, an investment delegation from Oman has traveled to Egypt, which includes some of the largest Omani real estate developers. This visit is coordinated by the Omani embassy in Cairo and the Ministry of Housing and Urban Development of Egypt, and its goal is to strengthen economic and investment relations between the two countries, especially in the housing sector. The Omani delegation will examine Egypt's experiences and achievements in various fields, including major construction and development projects.

Shared Experiences and Cooperation

The visit of the Omani delegation to Egypt follows the important visit of "Randa Al-Manshawi", Egypt's Minister of Housing, Public Utilities, and Urban Communities, to Muscat last October. This visit was made to participate in the international exhibition "October Construction", which was held concurrently with the Global Housing Festival in 2026. During this trip, Al-Manshawi became acquainted with the construction advancements and major projects in Oman, including the Sultan Haitham City, which is part of Oman's 2040 vision.

The Omani ambassador announced that this trip included meetings with the Egyptian Minister of Housing and the Urban Development Fund, and the Omani delegation also visited Egypt's new administrative capital, which is an example of urban development, and learned about various achievements and projects in Egypt's old neighborhoods. These interactions have led to increased cooperation and investment between the two countries, and agreements have been signed with Egyptian developers for collaboration on implementation projects in Oman.

The Omani ambassador also referred to the large market and investment opportunities in Egypt and urged Omani investors to take advantage of this market and invest in it. He also invited Egyptian investors to benefit from the existing opportunities in Oman, which are rich in real estate, food security, and tourism.

Regarding the second edition of the conference "Oman - Egypt... Land of Opportunities" that was recently held, the Omani ambassador stated that this conference emphasized the importance of utilizing the excellent relations between the two countries in creating sustainable economic and investment partnerships and strengthened the role of the private sector in developing bilateral cooperation. He emphasized that this conference reflects the depth of the historical and brotherly relations between Oman and Egypt and reported on the support and attention of both countries in this regard.

Abdullah Al-Rahbi also stated that Oman is open to Egyptian companies and developers looking to explore opportunities in Oman and participate in the country's development projects.