His Excellency Mr. Abdulla bin Adel Fakhro, Bahrain’s Minister of Industry and Commerce, affirmed the Kingdom’s commitment to boosting economic and investment cooperation with the Sultanate of Oman. This effort aims to build on existing strategic partnerships and open new opportunities aligned with the visions of the two countries’ leadership.
During his official visit to Oman, HE Minister Fakhro met with Omani Minister of Commerce, Industry and Investment Promotion, HE Qais bin Mohammed Al Yousef. The discussions focused on enhancing bilateral trade, investment, and economic diversification efforts.
The visit also included meetings with HE Sultan bin Salim Al Habsi, Omani Minister of Finance, and other key officials and business leaders. Opportunities for cooperation in priority sectors and between private sector stakeholders were highlighted, along with discussions on high-value investments.
His Excellency Minister of Industry and Commerce witnessed the signing of an MoU between Export Bahrain and Oman’s SME Development Authority, in an aim to boost bilateral cooperation in SME and entrepreneurship development, support strategic goals in industrial growth, and help SMEs expand into regional and global markets, enhancing their contribution to GDP.
HE Fakhro concluded his visit by touring the “Invest in Oman” platform and the Youth Center, where he met with Omani entrepreneurs and emphasized the importance of empowering youth to drive economic growth.