UAE- Omani business council forms

The trade and industry chambers in the United Arab Emirates and in Oman started steps to establish an Omani - UAE business council to support and encourage bilateral cooperation in all fields.

It is expected that the first meeting of this council would be held on April 23 and 24 in Muscat.

The council aims at finding a mechanism for developing joint investments between the two states and transferring the required experiences to deal with the external markets to positively reflect on the level of the Omani- UAE products.