Dr. Thani bin Ahmed Al Zeyoudi, The UAE Minister of State for Foreign Trade, has stated that the increase in non-oil trade between the UAE and Oman reflects strong relations between the two nations.
The UAE Minister said that these ties help ensure both countries meet their development goals and that this trajectory contributes to economic growth, ensuring both business communities build long-lasting partnerships.
During his official visit to Muscat, he took part in the ‘Advantage Oman Forum 2025’, which focuses on showcasing future investment opportunities in emerging sectors. The Advantage Oman Forum 2025 is a premier event designed to showcase Oman’s strategic initiatives and investment opportunities across emerging sectors.
Dr. Thani Al Zeyoudi noted Oman continues to maintain its position as the UAE’s second largest trading partner in the GCC, and non-oil trade between the two countries grew in 2024, to $15.3 billion (AED56.2 billion), an increase of 9.8 percent compared to 2023, and an increase of 32.4 percent compared to 2020.
He stressed that UAE-Oman relations are an example of what a strategic partnership between neighboring countries aimed at achieving prosperity and sustainable development should be. Their partnership contributes to the hopes of both their peoples and boosts development on both sides.
During the visit, Dr. Al Zeyoudi also met with Qais bin Mohammed Al Yousef, Oman’s Minister of Commerce, Industry and Investment Promotion, and a number of other senior officials, where the two sides exchanged ideas on upgrading ties between their countries.
The UAE Minister also held meetings with other ministers and senior officials, to discuss ways to enhance bilateral cooperation in mutually beneficial areas.
Advantage Oman Forum 2025
Organized by the Ministry of Commerce, Industry and Investment Promotion, the ‘Advantage Oman Forum 2025’ discussed the potential of the global investment environment, the trends shaping the future of promising sectors, and the discovery of opportunities.
Further, the Advantage Oman Forum 2025 aims to attract global investors, policymakers, and industry leaders to explore avenues for economic collaboration and growth in the Sultanate.
