Oman, Kazakhstan explore means of enhancing economic and investment cooperation

Muscat: Abdulsalam Mohammed Al Murshidi, Chairman of Oman Investment Authority (OIA), held a meeting on Tuesday with Nurlan Zhakupov, CEO of the Kazakh sovereign wealth fund “Samruk-Kazyna,”, who is currently visiting the Sultanate of Oman.

During the meeting, the two sides discussed opportunities for economic and investment cooperation. They reviewed available capabilities and investment prospects and affirmed their mutual commitment to co-investing in promising projects and existing enterprises, in alignment with the strategic priorities of both the Sultanate of Oman and the Republic of Kazakhstan. They also explored ways to strengthen the partnership and expand areas of collaboration to serve the mutual interests of the two countries.

Both parties emphasised the importance of continued dialogue, which is expected to open new horizons for economic cooperation between Oman and Kazakhstan and enhance investment flows between the two nations. This, in turn, will support sustainable development efforts and increase local value addition within both economies.