Mumbai: The Minister of Commerce, Industry, and Investment Promotion for Oman, Qais Mohammed Al Yousef, has extended an invitation to Indian business entities to explore investment opportunities within the Sultanate. He highlighted the vast array of prospects available to foreign investors, underscoring Oman's readiness to welcome business houses from various sectors.
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"From the mining sector to engineering and heavy industry, Oman has been actively opening its doors to foreign investors," Minister Al Yousef stated during an event hosted by the Federation of Indian Chambers of Commerce and Industry (FICCI) in Mumbai on Friday.
The Omani delegation, comprising the Minister of Commerce, Pankaj Khimji, the advisor for foreign trade and international cooperation within the Ministry of Commerce, Industry, and Investment Promotion, along with senior officials from the Ministry of Culture and Oman's ambassador to India, was at the forefront of this initiative.
"Oman and India share a rich historical relationship, with India being of paramount importance to Oman. Following the ascension of His Majesty Sultan Haitham bin Tarik to the throne, India was the first non-Arab nation to receive his visit," Minister Al Yousef elaborated.
The enduring connection between India and Oman, particularly during the tenure of the late Sultan Qaboos bin Said, is widely recognized, the Minister noted. He further emphasized Oman's commitment to attracting investors, stating, "We are proactively reaching out to investors with open arms, inviting them to invest in our country."
Pankaj Khimji highlighted the extensive trade relations between Oman and India, dating back over 5,000 years. He mentioned artifacts that shed light on sea trade between Qalhat and Dwarka, and the significant number of exhibits in the national Museum of Oman that reflect the close and historic ties between the two nations.
He also recounted a memorable moment during a meeting between His Majesty Sultan Haitham bin Tarik and Indian Prime Minister Narendra Modi, where discussions centered around cricket, with the Indian Prime Minister gifting the Sultan with a cricket bat signed by Indian players.
