Oman, Egypt Explore Cooperation in Economic, Free Zones

Oman,
Egypt Explore Cooperation in Economic, Free Zones

Muscat,
23 Dec 2025 (ONA) — The Public Authority for Special Economic Zones and Free
Zones (OPAZ) highlighted opportunities for cooperation in the fields of
economic zones, free zones, and industrial cities to support economic
integration between the Sultanate of Oman and the Arab Republic of Egypt.

This
took place during a meeting between Sheikh Dr. Ali bin Masoud Al Sunaidy,
Chairman of OPAZ, and Lt. Gen Eng. Kamel abdulhadi Al Wazir, Deputy Prime
Minister for Industrial Development and Minister of Industry and Transport of
Egypt.

The
meeting focused on several strategic pillars aimed at enhancing bilateral
investment, namely exploring potential projects within the special economic
zones, free zones, and industrial cities in both countries. It also reviewed
means of utilizing existing raw materials and production chains within
factories located in these zones to increase the added value of products and exchanging
technical knowledge to enhance the attractiveness of these zones for
international and regional investors.

The
meeting also discussed mechanisms to facilitate the movement of products and
industries between the economic and industrial zones of Oman and Egypt to boost
trade volume.

Both
sides emphasized the importance of continued coordination to explore
partnership opportunities that strengthen economic ties. The talks highlighted
the role of free zones as vital hubs for regional trade, aligning with the
industrial development goals of both nations.

The
meeting was attended by Yassir Mohammed Ahmed Shaban, Ambassador of the Arab
Republic of Egypt to the Sultanate of Oman, along with several officials from
both sides.

—Ends/AG