Nasser Al-Hajri, Chairman of Saudi-Omani Joint Business Council

Nasser Al-Hajri, Chairman of Saudi-Omani Joint Business Council, stated Saudi and Omani business owners are studying to develop a joint endeavor called “Gulf Company”, which will focus on petrochemicals and chemicals, Oman News Agency reported.

He included that Saudi business people are searching for significant financial investments in the Sultanate’s commercial, petrochemical, chemical production, fish farming, mining, food, animal feed, tourist, and realty sectors.

Saudi business owners are highly thinking about Omani financial investments, supplied that there is enhancement of legislation, policies and financial investment treatments, so they can improve rewards and centers compared to those provided in the Kingdom, the leading authorities stated.

A Saudi delegation, headed by Minister of Investment Khalid Al-Falih, checked out the Sultanate over the previous couple of days, to check out financial investment chances in between the 2 nations.