Oman, UAE strengthen trade and investment ties at Advantage Oman Forum
Dr. Thani Al Zeyoudi highlights growing UAE-Oman trade relations, emphasizing strategic cooperation and future investment opportunities
UAE, Oman Strengthen Economic Ties and Non-Oil Trade at Advantage Oman Forum 2025
Muscat [Oman], April 27:
UAE Minister of State for Foreign Trade, Dr. Thani bin Ahmed Al Zeyoudi, highlighted that the growth in non-oil trade between the UAE and Oman is a strong indicator of the deepening ties between the two countries.
During his visit to Muscat for the ‘Advantage Oman Forum 2025’, Dr. Al Zeyoudi emphasized the importance of strong economic links in assisting both countries in achieving their development goals. He emphasized that such collaboration stimulates economic growth and develops long-term connections within their corporate groups.
At the forum, which focused on future investment potential in emerging sectors, Dr. Al Zeyoudi said that Oman is still the UAE’s second-largest trading partner in the GCC. He stated that non-oil trade between the two nations reached AED 56.2 billion (US$15.3 billion) in 2024, up 9.8% from 2023 and 32.4% from 2020.
Dr. Al Zeyoudi described the UAE-Oman relationship as a paradigm of strategic cooperation between adjacent countries committed to promoting wealth and long-term development for their people.
During his tour, Dr. Al Zeyoudi also met with Oman’s Minister of Commerce, Industry, and Investment Promotion, Qais bin Mohammed Al Yousef, and other top officials to discuss new methods to strengthen bilateral cooperation. Discussions focused on improving collaboration across sectors of mutual interest.
The ‘Advantage Oman Forum 2025’, conducted by Oman’s Ministry of Commerce, Industry, and Investment Promotion, focused on significant global investment trends, the future of high-potential industries, and new chances for economic growth.
