Omani-Qatari Joint Committee Means of Enhancing Bilateral Cooperation
Muscat, 11 Dec 2025 (ONA) --- The Omani-Qatari Joint Committee reviewed aspects of joint cooperation in the financial and economic fields, developments in investment projects, and discussed avenues for enhancing bilateral cooperation in several sectors, including health, education, labor, housing, transport, agriculture, fisheries, and media cooperation.
This took place during the joint committee’s 24th Session meeting held in Muscat today.
The Omani side was headed by Sultan bin Salim Al Habsi, Minister of Finance, and the Qatari side was headed by Ali bin Ahmed Al Kuwari, Minister of Finance of the State of Qatar.
Al Habsi noted in his speech that the Joint Committee represents an outstanding model of bilateral cooperation at a time when the need to enhance joint action is increasing to achieve progress, prosperity, and sustainable economic and social development between the two brotherly peoples.
He also commended the efforts made by the committee members from both sides, emphasizing the marked progress in the course of a number of joint investment projects. He called for further efforts toward the complementarity of Omani-Qatari financial and economic visions, in line with the visions of the two wise leaderships.
For his part, the Qatari Minister of Finance affirmed the importance of these meetings and their role in advancing bilateral relations. He clarified that the Joint Committee meetings underscore the depth of relations between the two countries and form an important platform for enhancing economic and investment cooperation and developing practical partnerships that support the process of GCC integration and open wider horizons for sustainable development across various sectors.
On the sidelines of the meeting, the Ministry of Finance and the Qatar Development Bank signed a Framework Cooperation Memorandum aimed at enhancing strategic cooperation. This included providing credit facilities to support the implementation of joint projects and stimulating bilateral cooperation between Oman and Qatar in the field of finance and trade. This aims to achieve economic integration and open new prospects for investment between the public and private sectors in both countries, in addition to contributing to the diversification of the Omani and Qatari economies through the projects receiving financing facilities.
The Memorandum was signed on the Omani side by Sultan bin Salim Al Habsi, Minister of Finance, and on the Qatari side by Ali bin Ahmed Al Kuwari, Minister of Finance and Chairman of the Board of Directors of QDB.
A Memorandum of Understanding (MoU) was also signed between the Ministry of Commerce, Industry, and Investment Promotion and QDB in the field of developing trade exchange and export promotion. This included supporting exporters from both countries and proposing policies and promotional plans to diversify trade exchange in cooperation with the governmental and private sectors. It also seeks to develop the commercial database and build strategic alliances that contribute to boosting trade and diversifying import policies.
The MoU was signed on the Omani side by Ibtisam bint Ahmed Al Farouji, Undersecretary of the Ministry of Commerce, Industry, and Investment Promotion for Investment Promotion, and on the Qatari side by Abdulrahman bin Hisham Al Suwaidi, CEO of QDB.
It is worth noting that the Omani-Qatari Committee was established in 1995 to enhance joint cooperation and continuous communication between the two countries by reviewing various aspects of cooperation, identifying possible opportunities, and establishing investment projects that serve mutual interests.
---Ends/AG
