UAE, Oman Establish $35.12 billion Agreements and MoUs


The UAE and Oman signed Tuesday several multi-field agreements, memorandums of understanding and investment partnerships worth AED 129 billion ($35.12 billion).

The signing was done during the UAE-Oman Business Forum, on the sidelines of Sultan Haitham bin Tariq’s visit to the UAE.

The agreements and MoUs aim to enhance cooperation between the two countries in the fields of renewable energy, green minerals, railway connectivity, investments in digital infrastructure, technology, transportation and food security, in addition to forming an UAE-Omani alliance to enhance bilateral trade and economic relations.

Source: Qatar News Agency