MUSCAT: The Sultanate of Oman and the Kingdom of Saudi Arabia signed 13 memoranda of understanding to activate joint action in promising economic sectors.
The agreements were signed by firms owned by Oman Investment Authority (OIA) with Saudi counterparts during the visit of HRH Prince Mohammed bin Salman Al Saud, Crown Prince of Saudi Arabia, Deputy Prime Minister and Minister of Defence. The agreements reflect the leadership’s vision to meet the aspirations of their people.
The MoUs also included an agreement between International Business Development (IBD) and Alkhorayef Petroleum. Janaab Sayyid Mohammed Ali Al-Said signed on behalf of International Business Development (IBD) and the Value Engineering Centre (VEC) Group.