A member of the Board of Executive Directors of the National Development Fund of Iran (NDFI) said the country has plans to set up joint investment funds with the Russian Federation, Oman and Saudi Arabia.
A three-member committee has been formed which is tasked with facilitating the presence of Iranian businesspeople in Oman, according to the head of Iran-Oman Joint Chamber of Commerce.
The Governor of the Central Bank of Iran and Oman’s Minister of Commerce, Industry, and Investment Development both emphasized the importance of strengthening monetary ties between the countries by using their national currencies in commercial transactions rather than the dollar.
Iran and Oman are expected to begin negotiations on signing a preferential trade agreement in the near future, according to the head of Iran’s Trade Promotion Organization (TPO).
Omani Ambassador to Iran Ibrahim bin Ahmed Almuaini visits Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) where he meets ICCIMA President Hossein Selahvarzi on July 10, 2023.
Oman’s Ambassador to Tehran Ibrahim bin Ahmed Almuaini has stressed the need for finding solutions to financial and banking problems with Iran.
Flights between the holy Iranian city of Mashhad and Muscat, the capital of Oman, have been scheduled to start from July 3 on Mondays by Oman Air, according to the director general of Khorasan Razavi Airports Company, Mahmoud Amani-Bani.
Iran and Oman traded 2.33 million tons of minerals and mining products worth $796 million in the fiscal 2022-23 (ended March 20), data released by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) show.
Mohsen Zarrabi, the former head of Iran-Oman Joint Chamber of Commerce, told in an interview with Iran Chamber of Commerce newsroom that an Iran-Saudi rapprochement will help give a boost to Iran’s relations to other Arab countries in the region.
Iranian Minister of economy says that Tehran and Muscat have agreed to form a joint investment committee.