Oman Receives Eurasian Development Bank Delegation

Oman
Receives Eurasian Development Bank Delegation

Muscat,
16 Jul (ONA) — The Sultanate of Oman has received a high-level delegation
from the Eurasian Development Bank (EDB) to explore avenues for enhancing
economic and investment cooperation between the two sides.

The
delegation’s visit included a series of important meetings with the Ministry of
Finance, Oman Investment Authority (OIA), Oman Investment Bank, and the Muscat
Stock Exchange.

Discussions
primarily focused on broadening the scope of partnership between Oman and the
EDB in areas such as financing infrastructure and development projects,
supporting joint economic ventures, and exchanging technical expertise and
financial advice. The talks also aimed to strengthen cooperation with Central
Asian countries and other member states of the bank.

This
visit underscores Oman’s growing stature as an attractive investment
destination and a hub for regional and international collaboration.

It’s
worth noting that the Eurasian Development Bank was established in 2006 and
comprises seven member states. Its objective is to foster sustainable economic
growth in the Eurasian region, with a focus on financing development projects
in sectors including energy, transport, mining, agriculture, and logistics. The
EDB also provides technical and advisory support to achieve economic development
in its member countries.

—Ends/AG