News
His Majesty receives Indian PM
Earlier, PM Modi was received by His Highness Sayyid Fahd bin Mahmood al Said, Deputy Prime Minister for the Council of Ministers, upon his arrival at the Muscat airport. The Sultanate signed eight Memoranda of Understanding (MoUs) with India to consolidate the joint work on strategic relations as part of PM Modi’s visit, which began on Sunday. The MoUs, signed by Oman officials and Indra Mani Pandey, Indian Ambassador to the Sultanate, covered visa exemption for diplomats, services of Duqm Port and dry-dock for maintenance for Indian military vessels, legal and judicial cooperation in civil and commercial matters, tie-up between Oman’s National Defence College (NDC) and Institute for Defence Studies and Analyses (IDSA), health, tourism, peaceful use of space and Oman’s accession to India-based International Solar Alliances.
Mohammed bin Nasser al Rasbi, Secretary-General of the Ministry of Defence, said there are many areas of cooperation with the Indian side, whether in the field of joint exercises, training or courses, as well as exchange of experiences between the two sides and some defence purchases and projects. Ambassador Pandey said that signing these MoUs will promote cooperation between the two friendly countries. He said that the Indian companies have a strong presence in Oman and have significant investments in the Omani free zones and ports in Suhar and Salalah. He said Indian investments are estimated at $1.8 billion in two projects in Special Economic Zone in Duqm (SEZD). The volume of trade exchange during this year is expected to reach $5.5 billion.
-
Economy2 months agoOMIFCO IPO: Price, Dividends, Subscription Dates and Listing – Here’s Everything You Need to Know
-
Magazines2 months agoOER May 2026 Edition: The Digital Copy
-
News4 weeks agoINVESTIGATION: Why Nokia Could Matter More in the Quantum Age Than It Ever Did in Mobile
-
Investment1 month agoWhy Are Tech Stocks Rising Again – And Is It Too Late To Invest In Them?
-
News1 month agoINVESTIGATION: Is AI in a Bubble? Inside the Trillion-Dollar Question Reshaping Global Markets
-
Magazines2 months agoSignature Oman: May 2026 Edition
-
Banking & Finance1 month agoSohar Islamic Launches Exclusive Infinite Credit Card for HNWIs in Oman
-
Economy1 month agoOMIFCO Successfully Completes Bookbuilding & Sets Final IPO Offer Price

You must be logged in to post a comment Login