Oman and Saudi Arabia Discuss Strengthening Cooperation in Economic Zones

In a move reflecting the trend towards consolidating regional strategic partnerships, the Sultanate of Oman yesterday held official talks with the Kingdom of Saudi Arabia to strengthen frameworks of cooperation in vital areas related to economic zones.

Highlights of Yesterday

• Official discussions between Oman and Saudi Arabia to enhance cooperation in economic and free zones, industrial cities, and logistics.
• Review of progress in the infrastructure works of the economic zone in Al Dhahirah Governorate (EZAD) near the Oman-Saudi border.
• Confirmation of previous tenders (2025) within EZAD, including logistics and administrative facilities, reflecting seriousness in implementation.

Details

The bilateral meetings between the Omani and Saudi sides addressed mechanisms to activate joint cooperation in promising sectors, including free economic zones, industrial cities, and logistics facilities. These talks provided an opportunity to review recent developments in the economic zone in Al Dhahirah Governorate (EZAD), which represents a pivotal point for economic linkage between the two countries.

The progress made in the infrastructure works of the zone was also highlighted, confirming the Sultanate's commitment to developing these vital investment destinations. It is noted that the economic zone in Al Dhahirah Governorate had previously seen tenders for projects aimed at building integrated logistics and administrative facilities, enhancing its ability to attract investments and provide an attractive business environment.

What Does This Mean for the Investor or Buyer?

This cooperation between the Sultanate of Oman and the Kingdom of Saudi Arabia greatly enhances the attractiveness of Oman's economic zones. For investors, this step translates into broader opportunities in logistics, industry, and urban development sectors, especially in border areas like Al Dhahirah, with expectations of increased demand for industrial lands, warehouses, and commercial units. It may also indicate improvements in infrastructure and facilitation of goods movement and investment, creating a more efficient and profitable business environment. For buyers, these developments could open prospects for new residential and service real estate projects to support the working communities in these growing areas, increasing the diversity of available options.

Conclusion

The Omani-Saudi talks affirm the commitment of both countries to advancing joint economic development and enhancing Oman's position as a regional center for economic and logistics zones, promising a bright future for the real estate and investment sector in the Sultanate.

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Edited by: Imtilak Global©