logo
Omani-Chinese Friendship Forum discusses strengthening strategic partnership

Omani-Chinese Friendship Forum discusses strengthening strategic partnership

Times of Oman2 days ago
Salalah: The third session of the Omani-Chinese Friendship Forum 2025, which began on Thursday in Salalah, discussed strengthening the comprehensive strategic partnership and expanding cooperation and investment between the Sultanate of Oman and the People's Republic of China.
The forum was organised under the theme: "Chinese Modernisation and Oman Vision 2040: Our Work and Proposals." It was an initiative by Al Roya newspaper, the Embassy of the People's Republic of China in Oman, and the Oman-China Friendship Association, with the participation of a number of officials, experts, and specialists from both sides.
The forum was inaugurated by HH Sayyid Marwan bin Turki Al Said, Governor of Dhofar, who felicitated a number of speakers and participants.
In his speech, Hatim Hamad Al Tai, Secretary-General of the forum and Editor-in-Chief of Al Roya newspaper, affirmed that the forum serves as a platform to deepen dialogue, enhance mutual trust between the two countries, and explore new avenues for cooperation, in line with the shared potential and aspirations of Oman and China.
On his turn Dr. Saleh Said Masan, Undersecretary of the Ministry of Commerce, Industry, and Investment Promotion for Commerce and Industry, delivered a speech in which he said that the forum is a unique opportunity to exchange expertise and explore promising investment areas that serve the development priorities of both countries. He pointed out that Oman Vision 2040 represents a roadmap for a comprehensive economic and structural transformation.
For his part, Lyu Jian, Ambassador of the People's Republic of China to the Sultanate of Oman, praised the strength of the historical relations between the two countries, which span over 1,200 years. He noted that diplomatic relations, since their establishment in 1978, have witnessed stable and fruitful cooperation based on equality and mutual respect.
He clarified that the People's Republic of China is Oman's first trade partner with trade volume between the two countries reaching USD 36.7 billion in 2024. The People's Republic of China is also the third-largest investor in Oman.
The Ambassador highlighted prominent joint projects, including the launch of the first Omani satellite, investments in the energy sector, and training programmes that have benefited over 1,200 Omanis. He also mentioned that the trade volume between the People's Republic of China and GCC countries reached USD 288 billion in 2024, with Chinese investments growing by over 30 percent in the first half of 2025. He called for expanding cultural and humanitarian cooperation and launching direct flights between the two countries.
Dr. Khalid Salim Al Saidi, Chairman of the Oman-China Friendship Association, said that the association is a vital link in strengthening relations between the two countries. He emphasised that its role has gone beyond organising meetings to building cultural bridges, humanitarian understandings, and informal cooperation initiatives based on shared values and mutual interests.
Moreover, Naif Hamed Fadhil, Head of the Dhofar branch of the Oman Chamber of Commerce and Industry, stressed the importance of the forum in fostering closer ties between business owners in both countries. He highlighted the need to enable bilateral investments in the fields of energy, technology, industry, logistics, and tourism, and called for forging more sustainable and impactful cooperation models.
The forum included discussions on four main themes: "Chinese Modernization and Oman Vision 2040," "Cooperation in the Energy Sector," "Partnership in Innovation and Technology," and "Cultural and Humanitarian Exchange."
The forum also featured a photo exhibition in cooperation with the Chinese Embassy in Oman, in addition to direct bilateral meetings (B2B) between business representatives from both countries to enhance partnership and investment opportunities.
Over 30 business owners and representatives of Omani and Chinese companies participated in the forum, which also included a special exhibition for the participating Chinese companies. The current session of the forum sought to solidify the strategic partnership between the two countries and explore new avenues of cooperation that support the priorities of Oman Vision 2040, leveraging the People's Republic of China's experience in economic and social modernisation.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Opportunity for Omani, Bahraini SMEs to display their products
Opportunity for Omani, Bahraini SMEs to display their products

Times of Oman

time3 hours ago

  • Times of Oman

Opportunity for Omani, Bahraini SMEs to display their products

Salalah: The Omani-Bahraini Friendship Association is organising events and exhibitions in the Sultanate of Oman and the Kingdom of Bahrain to strengthen relations between the two countries in the trade and investment fields. It will provide an opportunity for entrepreneurs in small and medium enterprises to display their products and improve their production. The association will be organising the fifth edition of the Omani-Bahraini Products Exhibition in Salalah, Dhofar Governorate, on August 10. The 10-day event is being held under the patronage of Faisal bin Abdullah Al-Rawas, Chairman of the Board of Directors of the Oman Radina bint Amer Al Hajri , Chairperson of the Omani-Bahraini Friendship Association, explained that the exhibition is being organised by the association in cooperation with the Embassy of the Kingdom of Bahrain in the Sultanate of Oman and the Dhofar branch of the Oman Chamber of Commerce and Industry as part of the Dhofar Autumn Season, an exceptional season for local, Gulf, and Arab tourism. In a statement to the Oman News Agency, she said that the organisation of the exhibition stems from the close fraternal and historical relations between the two countries and their brotherly peoples, which reflect the keenness of the wise leadership in both countries and their directives to develop and enhance relations in all fields to reach the highest levels of coordination and cooperation, up to the stage of integration between them. She noted that the exhibition is witnessing the participation of approximately 33 Omani and Bahraini entrepreneurs representing a range of products, including perfumes and incense, as well as many other diverse products, such as Bahraini sweets, Omani frankincense, dates, Bahraini and Omani dresses and abayas, Omani handicrafts, Omani honey, and other products for which both countries are famous.

Dairy sector helps in achieving Oman's food security
Dairy sector helps in achieving Oman's food security

Times of Oman

time3 hours ago

  • Times of Oman

Dairy sector helps in achieving Oman's food security

Muscat: The dairy sector in the Sultanate of Oman is one of the promising sectors that contributes to achieving food security and enhancing local added value. The sector is currently witnessing significant development in light of the growing demand for high-quality local products, supported by growing investments in production lines and expansion into retail markets, amid a growing commitment to global standards of quality and sustainability. Modern Dairy Factory, a subsidiary of Oman Flour Mills Group, is a prominent player in this sector. The company achieved revenues of OMR1.45 million during the first half of 2025, a 142 percent increase compared to the same period last year, reflecting strong performance and growing market share for national products. The company announced the commencement of operations at its new factory in the Rusayl Industrial Area, as part of an expansion plan aimed at doubling production capacity, developing production lines, and launching a wide range of new products to meet local market needs and enhance export opportunities. Haitham bin Mohammed Al Fannah, CEO of Oman Flour Mills Company, emphasised that the new plant represents a qualitative leap in manufacturing technologies. It relies on advanced pasteurisation, homogenisation, and fermentation processes, along with modern automation systems for packaging, which contribute to increasing operational efficiency and ensuring the safety and quality of final products. In a statement to the Oman News Agency, he indicated that the company is committed to implementing internationally accredited quality systems and adopting hygiene and quality control procedures at all stages of production, from the receipt of raw materials to distribution, while relying on approved local suppliers. He explained that sustainability is a key focus of the company's strategy, through reducing energy and water consumption, implementing effective waste management solutions, and working to introduce renewable energy technologies in cooperation with the Oman Flour Mills Group, in a move aimed at enhancing the environmental efficiency of production facilities. He said that, as part of its drive towards innovation, Modern Dairy Factory is developing new products that suit healthy lifestyles. The company is also strengthening its research and development efforts to enrich its product portfolio and enhance the added value of the local industry. Regarding social responsibility, Haitham Al Fannah added that Modern Dairy Company continues to support the local community by sourcing from Omani institutions, providing national job opportunities, participating in health awareness campaigns, and developing partnerships with educational institutions to support nutritional education and spread the culture of healthy eating among segments of society.

Asyad Shipping invests $64m in decarbonisation initiatives
Asyad Shipping invests $64m in decarbonisation initiatives

Observer

time19 hours ago

  • Observer

Asyad Shipping invests $64m in decarbonisation initiatives

MUSCAT, August 1 Asyad Shipping Company SAOG, Oman's majority state-owned maritime transportation company, says it has invested in excess of $64 million in a range of initiatives aimed at reducing the global carbon footprint associated with the operation of its 89-vessel strong, ocean-going fleet. An overview of these initiatives is detailed in the newly published 2024 Sustainability Report of the publicly traded company, which is part of Asyad Group — global integrated logistics enterprise of the Sultanate of Oman. 'Through our strategic initiatives in 2024, we have successfully reduced over 4,000 tonnes of emissions. Over $64 million has been invested in decarbonisation efforts since 2019, ensuring our full fleet complies with advanced environmental protection systems', said Asyad Group in a recent post. 'These milestones, highlighted in our 2024 Sustainability Report, reflect our unwavering commitment to investments and technologies that drives us towards Oman Vision 2040 and enhancing Oman's position as a global logistics hub'. According to Dr Ibrahim al Nadhairi, Chief Executive Officer, the company achieved significant emissions reductions across its fleet, while laying the ground for advancing its decarbonisation goals. This was accomplished through investments in advanced, energy-efficient technologies and the implementation of targeted operational measures, he said. 'These efforts highlight our commitment to meeting global climate goals, including the International Maritime Organization (IMO) strategy. Our continued investments in cutting-edge technology demonstrate a dual focus: upholding environmental responsibility and boosting operational efficiency. These advancements have further optimised our fleet's performance, leading to substantial emission reductions and reinforcing our position as a leader in sustainable maritime operations', Dr Al Nadhairi stated in the Sustainability Report. As part of its broader decarbonisation strategy, Asyad Shipping has introduced several impactful initiatives to curb emissions. Among the most notable is the installation of Rotor Sails on one of its vessels last year. These advanced systems leverage tall, rotating cylinders to harness the Magnus Effect, generating additional thrust and reducing the vessel's reliance on engine power. Depending on wind conditions, this technology can cut fuel consumption and emissions by 5 per cent to 30 per cent, offering efficiency improvements either through targeted retrofits or full-fleet adoption. In parallel, Asyad Shipping is collaborating with engine manufacturers Wartsila and MAN to upgrade the main engines on 22 vessels, with the programme slated for completion in 2025. These upgrades are aimed at optimising fuel usage, enhancing engine performance and significantly lowering the fleet's carbon footprint. The company is also advancing its use of Hans Jensen cylinder lubricators, a solution designed for large two-stroke marine engines. These lubricators reduce cylinder oil consumption and improve engine health, contributing further to operational efficiency. In the field of carbon mitigation, Asyad Shipping has partnered with the German University of Technology (GUtech) to explore Carbon Capture, Utilisation and Storage (CCUS) solutions. Together, they are assessing a range of techniques — including pre-combustion, oxy-fuel, post-combustion and direct air capture — as part of a broader effort to develop cutting-edge emission control technologies. Looking ahead, the company plans to roll out a vessel performance monitoring system that will support compliance with climate-related regulations such as CII and EU ETS, while improving fuel efficiency and reducing emissions in real-time. Additionally, Asyad Shipping is preparing to equip its new LNG dual-fuel vessels with shaft generators. These systems draw power directly from the main engine shaft, eliminating the need for separate generator fuel burn. This measure is expected to deliver fuel oil savings of 2–4 per cent, or approximately 2–4 tonnes per day.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store