Oman to Invest $1.8b in Egypt’s Petrochemicals

Oman to Invest $1.8b in Egypt’s Petrochemicals

With Oman investing $1.8b in Egypt’s petrochemicals industry, a delegation of Egyptian business men and business owners are currently visiting the Arabic sultanate in order to support bilateral cooperation between the two countries. The trip was organized by IBIS , a company that specializes in inter nation business and investments services, according to their Operations Manager Nancy Hady, Al Mal News reported.

Hady said that IBIS plans on establishing multiple partnerships between Egypt and Oman with the aim of boosting Arabic invest within the region. This vision will be achieved through meetings between major businessmen and major investors in Oman along with investment officials in Egypt in order to explain the possible investments in Egypt and discuss ways of exchanging expertise.

Hady added that the visit to Oman includes the delegation’s meeting with Dr. Salem Naser El Ismaily, CEO of Oman’s Public Authority for Investment Promotion and Export Development who welcomes the visits of Egyptian delegations especially because the visit comes in time with launching of the 5th Arab-Indian Partnership Conference in Oman. El Ismaily affirmed that these meetings are important in order to exchange investments between Egypt and Oman.

Sarah Samir 2752 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.


Welcome! Login in to your account

Remember me Lost your password?

Don't have account. Register

Lost Password