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Sultan of Oman Seeks to Make the Sultanate an Investment Destination

Sultan of Oman Seeks to Make the Sultanate an Investment Destination

Wednesday, 12 January, 2022 - 07:15
Sultan Haitham bin Tariq delivering a speech on the second anniversary of his accession to power, (Asharq Al-Awsat)

Sultan of Oman Haitham bin Tariq delivered a speech Tuesday on the second anniversary of his accession to power.


Sultan Haitham said the nation has dealt with a number of challenges in the country with “wisdom and patience”.


He further called for more local investment and said he looks forward to making the Sultanate a foreign investment destination.


“Local investment is one of the important pillars for diversifying national sources of income. Now that we've launched many national programs and created a supportive environment, we urge for more local investment," he said in his speech.


“We look forward to making our country a leading investment destination in all fields."


He also emphasized the significant role the youth can play with their involvement in building the nation.


"We are resolved to lend them our support and encourage their entrepreneurship programs," the Sultan affirmed.


"We will offer necessary support and incentives to small and medium enterprises, given their vital role in stimulating the economy."


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