Skip to content Skip to Search
Skip navigation

Oman appoints UK investment attaché as part of new initiative

Creative Commons
The acquisition of a stake in Eco Fox will help develop, produce and distribute sustainable biofuels

Oman’s government plans to appoint commercial and investment attachés to a number of its embassies around the world, according to a local media report.

The move is designed to enhance the country’s investment infrastructure, Oman Daily Observer reported, citing Qais bin Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion.

At the forum in London, the official announced the appointment of Arwa Al Balushi as UK Commercial and Investment Attaché.

The UK is currently the largest foreign investor in Oman, with investments totalling £17.8 billion ($21.06 billion) in 2021.

Al Yousef announced the establishment of a UK Investor Desk at the Ministry of Commerce, Industry and Investment Promotion. 

The desk will provide special support for UK investors hoping to explore Oman-UK business and trade opportunities, the newspaper said.

Latest articles

Drake & Scull's projects include Louvre Abu Dhabi. Its revenues grew AED13 million in 2023

Auditors raise concerns over Drake & Scull as losses mount

Auditors reviewing the finances of Drake & Scull International have issued a heavily qualified disclaimer in which they appear to distance themselves from the UAE construction contractor. A filing on Dubai Financial Market for Drake & Scull revealed revenues of AED94 million ($26 million) for the year to December 31 2023, up from AED81 million […]

Bahrain titanium

Bahrain enters $27bn titanium market

A $200 million manufacturing plant is planned in Bahrain to produce titanium products as part of the kingdom’s ambitions to expand its industrial sector. Edamah, the real estate arm of the sovereign wealth fund Mumtalakat, has signed a 25-year lease agreement with Bahrain Titanium, a subsidiary of the Swiss company Interlink Metals & Chemicals, for […]

Abu Dhabi tourism

Abu Dhabi to create 178,000 new tourism jobs

Abu Dhabi wants to attract 40 million visitors and generate 178,000 new jobs in its tourism sector by 2030 to help diversify its economy away from oil. The emirate wants to increase tourism’s contribution to its non-oil GDP to AED90 billion ($24 billion) a year by the end of the decade, Abu Dhabi Media Office […]

UAE schools operator Taaleem said student numbers across its portfolio of 32 schools rose to almost 38,000

Taaleem profits rise with surge in UAE student numbers

An increase in student enrolments by more than one-third helped UAE schools operator Taaleem achieve a 53 percent increase in annual profits for the first half of the 2023-24 academic year. Taaleem, which operates schools on behalf of the Abu Dhabi, Dubai and UAE federal governments, said student numbers across its portfolio of 32 UAE […]