Muscat: The Sultanate of Oman participated today, via video conferencing, in the sixth preparatory meeting of the GCC Investment Undersecretaries Committee, in preparation for the meetings of the ministerial committees of the Ministers of Commerce, Industry, and Investment of the GCC states, scheduled to be held in the Kingdom of Bahrain.
According to Oman News Agency, the Sultanate of Oman was represented at the meeting by Ibtisam Ahmed Al Farooji, Undersecretary of the Ministry of Commerce, Industry, and Investment Promotion for Investment Promotion. The meeting discussed several topics related to enhancing investment integration among the GCC states and developing frameworks for cooperation and joint Gulf action in the field of investment. These efforts aim to unify efforts and strengthen the ability of the GCC states to attract quality investments and draw capital from various global markets.
The meeting also examined ways to enhance coordination among the GCC states in investment fields and to leverage the assets and opportunities enjoyed by the Gulf states. This approach supports the building of a more integrated investment ecosystem and enhances the competitiveness of the GCC states, establishing them as an attractive destination for regional and international investments.
Furthermore, the meeting addressed topics related to the development of joint Gulf investment work and the enhancement of information and expertise exchange among the GCC states. It also examined mechanisms for supporting cooperation and coordination, contributing to achieving shared economic interests, and strengthening the presence of the GCC states on the regional and international investment map.
