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Omani-Qatari
Joint Committee Means of Enhancing Bilateral Cooperation
Muscat,
11 Dec 2025 (ONA) — The Omani-Qatari Joint Committee reviewed aspects of
joint cooperation in the financial and economic fields, developments in
investment projects, and discussed avenues for enhancing bilateral cooperation
in several sectors, including health, education, labor, housing, transport,
agriculture, fisheries, and media cooperation.
This
took place during the joint committee’s 24th Session meeting held in Muscat
today.
The
Omani side was headed by Sultan bin Salim Al Habsi, Minister of Finance, and
the Qatari side was headed by Ali bin Ahmed Al Kuwari, Minister of Finance of
the State of Qatar.
Al
Habsi noted in his speech that the Joint Committee represents an outstanding
model of bilateral cooperation at a time when the need to enhance joint action
is increasing to achieve progress, prosperity, and sustainable economic and
social development between the two brotherly peoples.
He
also commended the efforts made by the committee members from both sides,
emphasizing the marked progress in the course of a number of joint investment
projects. He called for further efforts toward the complementarity of
Omani-Qatari financial and economic visions, in line with the visions of the
two wise leaderships.
For
his part, the Qatari Minister of Finance affirmed the importance of these
meetings and their role in advancing bilateral relations. He clarified that the
Joint Committee meetings underscore the depth of relations between the two countries
and form an important platform for enhancing economic and investment
cooperation and developing practical partnerships that support the process of
GCC integration and open wider horizons for sustainable development across
various sectors.
On
the sidelines of the meeting, the Ministry of Finance and the Qatar Development
Bank signed a Framework Cooperation Memorandum aimed at enhancing strategic
cooperation. This included providing credit facilities to support the
implementation of joint projects and stimulating bilateral cooperation between
Oman and Qatar in the field of finance and trade. This aims to achieve economic
integration and open new prospects for investment between the public and
private sectors in both countries, in addition to contributing to the
diversification of the Omani and Qatari economies through the projects
receiving financing facilities.
The
Memorandum was signed on the Omani side by Sultan bin Salim Al Habsi, Minister
of Finance, and on the Qatari side by Ali bin Ahmed Al Kuwari, Minister of
Finance and Chairman of the Board of Directors of QDB.
A
Memorandum of Understanding (MoU) was also signed between the Ministry of
Commerce, Industry, and Investment Promotion and QDB in the field of developing
trade exchange and export promotion. This included supporting exporters from
both countries and proposing policies and promotional plans to diversify trade
exchange in cooperation with the governmental and private sectors. It also
seeks to develop the commercial database and build strategic alliances that
contribute to boosting trade and diversifying import policies.
The
MoU was signed on the Omani side by Ibtisam bint Ahmed Al Farouji,
Undersecretary of the Ministry of Commerce, Industry, and Investment Promotion
for Investment Promotion, and on the Qatari side by Abdulrahman bin Hisham Al
Suwaidi, CEO of QDB.
It
is worth noting that the Omani-Qatari Committee was established in 1995 to
enhance joint cooperation and continuous communication between the two
countries by reviewing various aspects of cooperation, identifying possible
opportunities, and establishing investment projects that serve mutual
interests.
—Ends/AG