DAVOS: His Excellency Dr. Said Al Saqri, Minister of Economy, recently took part in a significant Gulf Cooperation Council (GCC) dialogue session in Davos, Switzerland. This session, held at the renowned World Economic Forum, brought together leaders from across the Gulf region to address key economic challenges and opportunities. Dr. Al Saqri’s participation highlighted Oman’s commitment to strengthening its economic partnerships and pursuing diversification initiatives.
During the dialogue, Dr. Al Saqri provided an in-depth presentation on Oman’s ongoing efforts to reduce dependency on oil and foster a more diverse and resilient economy. He emphasized the importance of private sector growth, technological innovation, and investments in renewable energy as part of Oman’s Vision 2040. The Minister also spoke about the government’s strategies to enhance the ease of doing business and attract foreign direct investments.
The dialogue session served as a platform for discussing regional and global economic trends, with a focus on how the GCC can further collaborate to advance shared objectives. Dr. Al Saqri underscored Oman’s desire to work alongside its Gulf neighbors to strengthen trade relations, increase economic cooperation, and develop sustainable solutions for future growth. The forum also provided an opportunity to engage with international stakeholders, enhancing Oman’s global economic positioning.
Dr. Al Saqri’s participation in this dialogue reaffirms Oman’s active role in the regional economic discussions and its dedication to implementing economic reforms that will drive long-term prosperity. His presentation reinforced the importance of diversification, sustainable development, and innovation in creating a more competitive and dynamic economy. Oman’s leadership continues to work towards positioning the country as a key player in the global economy through strategic partnerships and policies aimed at fostering economic resilience and growth.
