MUSCAT: The Sultanate of Oman recently welcomed a high-level delegation from the Eurasian Development Bank (EDB) to explore avenues for enhancing economic and investment cooperation between the two sides.
During the visit, the delegation held a series of key meetings with the Ministry of Finance, the Oman Investment Authority, the Oman Investment Bank, and the Muscat Stock Exchange. Discussions centred on expanding partnerships between Oman and the EDB, particularly in financing infrastructure and development projects. They also touched on supporting joint economic ventures, exchanging technical expertise and financial advice; and strengthening collaboration with Central Asian nations and other member states of the bank.
This visit further reinforces Oman’s reputation as a competitive and attractive investment hub, positioning it as a focal point for regional and international cooperation.
The Eurasian Development Bank, established in 2006, currently has seven member countries. It plays a pivotal role in promoting sustainable economic growth across the Eurasian region. The bank primarily finances development projects in key sectors including energy, transportation, mining, agriculture and logistics. In addition, it offers technical and advisory support to help member states achieve broader economic development goals. — ONA
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