Oman, Russia Discuss Scopes for Economic Cooperation,
Investment partnerships

Moscow, 23 Sep (ONA) — A
delegation from Oman Chamber of Commerce and Industry (OCCI) is currently
visiting the Russian Federation to participate in Moscow-Oman Business Forum. It held meetings aimed
at enhancing economic and investment cooperation between the two friendly
countries.

Led by Eng.
Ibrahim bin Abdullah Al Hosni, Board Member and Chairman of the OCCI Digital
Economy and Artificial Intelligence Committee, the delegation visited Skolkovo
Innovation Foundation (Russia’s main innovation centre), where it was briefed about
various technology projects and startups being developed at the centre.

The delegation also toured some Russian
companies and factories operating in the fields of advanced technology, mining
and logistics services.

During the forum, the Omani delegation participated with a
number of working papers about BRICS Urban Future Forum (Cloud Cities Forum)
held in Moscow. Two of the papers were titled “The Power of Algorithms:
Strategies Towards a World of Artificial Intelligence” and “The
Conscience of Robots: Artificial Intelligence, Data and Ethics.”

The Omani delegation also
participated in a working session held on the sidelines of the forum titled
“From Moscow to the Middle East: A Net Partnership”. It later took part in meetings with Russian
companies to discuss opportunities for cooperation and investment.

The delegation later held a meeting
with members of the Omani Embassy in Moscow, in the presence of Mohammed Al
Habsi, Deputy Ambassador of the Sultanate of Oman to the Russian Federation,
and a number of advisers at the embassy. The meeting reviewed outcomes of the delegation’s visits to Russian companies, as well as opportunities for
future cooperation with those companies in the sector of software and advanced digital technologies and other areas.

Then, the delegation conferred
with members of Moscow Chamber, headed by Vladimir Platonov, who lauded the Omani-Russian
economic relations, whose 40th anniversary will be celebrated in November 2025.

The two sides underscored the importance
of organizing regular meetings between the two countries’ chambers to enhance
cooperation among business owners. Russian companies gave presentations through which they outlined their activities, businesses domains and scopes for cooperation with
Omani companies.

Eng. Ibrahim Al Hosni pointed out that
the OCCI’s participation in the recent events and meetings was a step
forward towards developing economic and investment partnerships
between the Sultanate of Oman and the Russian Federation.

Al Hosni explained that the positive
outcomes of the OCCI’s visit which, he said, will boost trade relations between the two countries and help develop cooperation
in the fields of advanced technology, the digital economy and different
industrial sectors.

— Ends/Bishara/AG