08:08 pm - Friday 29 May 2015

Qatar investing in Omani economy

By staff - Mon Dec 26, 4:15 am

Qatar will invest as much as 500mn rials in the Omani economy, the head of Oman’s chamber of commerce said yesterday. The investment is part of a pledge by fellow GCC members to provide $10bn each in support to Bahrain and Oman following demonstrations in those countries earlier this year. “We expect other GCC countries to show similar initiative to invest in Oman,” said Khalil bin Abdullah al-Khunji, chairman of the Oman Chamber of Commerce and Industry.

Source: Gulf Times

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