Oman- Qatar to increase joint investment; new company

The Omani- Qatari joint committee held a meeting on Saturday evening in Muscat, chaired by Suheil Bin Mustaheil Shammas, the minister of housing, electricity and waters in Oman and Abdullah Bin Hamad al-Atiyah the minister of energy and industry in Qatar.

The two sides exchanged information of national labor and their transfer between the two states and areas of training, investment and revitalizing the private sector in all areas as well as issues pertinent to the fields of information, education and commerce.

On the sideline of the meetings of the committee, the Qatari businessmen and their counterparts in Oman held their meetings yesterday to discuss investment opportunities between the two states and founding a joint Qatari- Omani Investment Holding Company with a capital of RO. 30 million and convening an investment conference in the field of gas sector in addition to other economic subjects listed on the meeting's agenda.