Indian - Omani company established with capital worth $100 million

Indian economic sources in Cairo announced the establishment of an Indian - Omani company with a capital worth $100 million dollars, to enhance bilateral economic relations between Muscat and New Delhi.

The sources said this company will be comprised of 12 companies, 6 Omani and 6 Indian.

The goal of the company will be specifying and promoting the opportunities for projects in which the private sectors in both India and Oman can participate either inside Oman or inside the Gulf Cooperation Council countries.