Saudi-Omani trade exchange volume rises to SAR 11 bln in 2021: Official

16/09/2022 Argaam
Tariq Al-Haidari,Vice President of the Federation of Saudi Chambers (FSC)

Tariq Al-Haidari, Vice President of the Federation of Saudi Chambers (FSC)


The Saudi-Omani trade exchange volume increased to SAR 11 billion by the end of 2021, and neared SAR 50 billion in the last five years, Vice President of the Federation of Saudi Chambers (FSC), Tariq Al-Haidari, told Argaam on the sidelines of the Saudi-Omani Business Council meeting in Riyadh.

 

There is over 100% growth in trade exchange in the last few quarters, which underlines Oman’s need for investment in the Kingdom.

 

Oman targets investments in the petrochemical, food, and other sectors in the Kingdom, Al-Haidari added, looking forward to seeing more qualitative investments between both countries going forward.

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