ISTANBUL: Invest in Oman, represented by the Ministry of Commerce, Industry and Investment Promotion, hosted the Oman–Türkiye Advantage Business Dialogue in Istanbul as part of efforts to deepen investment cooperation and strengthen the Sultanate of Oman’s presence in global markets. The initiative aligns with Oman Vision 2040, which focuses on economic diversification, innovation and international partnerships.
The Omani delegation delivered a comprehensive presentation on the country’s investment strengths, highlighting advanced industrial and logistics hubs such as Al Duqm and Suhar, alongside free zones and competitive legislative and financial incentives for foreign direct investment. Key opportunities were outlined in sectors including green hydrogen, manufacturing, mining and digital technologies.
The programme featured bilateral meetings and structured networking sessions, giving Omani and Turkish companies the opportunity to explore direct partnerships. It also included visits to Turkish institutions operating in advanced industrial and technology sectors, enabling the exchange of best practices and discussions on transferring expertise and modern industrial technologies to the Omani market.
Turkish participants praised the Sultanate of Oman’s stable legal framework, attractive investment incentives and integrated logistics infrastructure, which links Asia, Europe and Africa through its ports, airports and free zones.
Ibtisam bint Ahmed al Faroojiyah, Under-Secretary of the Ministry of Commerce, Industry and Investment Promotion for Investment Promotion, said hosting the dialogue in Türkiye reflects Oman’s commitment to expanding its international economic footprint and building high-quality partnerships with major industrial and commercial markets. She noted that long-standing Omani–Turkish relations are entering a more dynamic phase focused on knowledge exchange and joint investment in future-oriented sectors such as renewable energy, advanced industry and transcontinental logistics.
She added that the dialogue provides a practical platform for strengthening public–private sector cooperation and identifying joint projects centred on innovation, technology transfer and long-term strategic partnerships, supporting sustainable growth in both countries.
Khaled bin Hamad al Kharousi, Director General of Investment Promotion, described Türkiye as a pivotal regional player with strong industrial capacity, an active private sector and deep integration into global supply chains. He said cooperation now extends beyond traditional trade to include technology transfer, industrial development and export-oriented projects targeting European, Asian and African markets.
Al Kharousi stressed that continued follow-up would help translate discussions into concrete projects, reinforcing industrial and investment integration and expanding joint trade networks. The Invest in Oman initiative aims to ensure outcomes are advanced through specialised working groups, underscoring the Sultanate of Oman’s role as a reliable international economic partner and an emerging hub for future-focused investments. — ONA
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