Latest news with #56thAlgiersInternationalFair
Muscat Daily
3 days ago
- Business
- Muscat Daily
Omani pavilion draws strong crowd at Algiers International Fair
Algiers, Algeria – The Sultanate of Oman, the guest of honour at the 56th Algiers International Fair, continues to attract significant attention from visitors and Algerian business leaders at its national pavilion, which highlights the country's economic diversification and export capabilities. The Omani pavilion has received wide acclaim for its distinctive design that embodies Omani heritage, culture, and authenticity, as well as for the diversity of participating companies representing the industrial, commercial, and services sectors. Tarek Mousouni Commenting on the pavilion, Algerian businessman Tarek Mousouni, who specialises in the plastics sector, said he was impressed by the high quality and competitive pricing of Omani plastic products, which have gained strong appeal among Algerian consumers. Visitor Iman Boutaljah described the pavilion as 'impressive,' noting the diversity and quality of products on display. She anticipated that several Omani companies would enter into agency and trade agreements with Algerian firms, given the growing confidence in Omani goods. Abderrahmane bin Omar Abderrahmane bin Omar, another Algerian entrepreneur, said the pavilion offers a valuable platform for exploring investment and trade opportunities with Oman. He revealed plans to pursue business partnerships with Omani firms operating in the electricity and agriculture sectors. Oman's participation in the fair includes more than 60 companies engaged in pharmaceuticals, transport, electrical solutions, real estate, fisheries, tourism, food industries, and handicrafts, among other sectors. In parallel, the Algerian-Omani Economic Forum saw bilateral business meetings held between companies and investors from both countries. These engagements aimed to explore opportunities for trade cooperation, establish joint investment ventures, and open new marketing channels for Omani products in Algeria and neighbouring markets. The sultanate's strong presence at the fair reflects its commitment to strengthening international trade ties and enhancing the global reach of Omani industries.
Observer
3 days ago
- Business
- Observer
Oman pavilion attracts strong interest at Algiers International Fair
ALGIERS: The Sultanate of Oman's pavilion at the 56th Algiers International Fair is drawing large crowds of Algerian visitors and businesspeople, reflecting strong interest in Omani products and industries. As the guest of honour at this year's event, Oman has taken the opportunity to showcase the depth and diversity of its industrial, commercial, and service sectors. Visitors to the pavilion have praised its unique design, which reflects the authenticity of Omani culture and heritage. Tareq Mousuni, an Algerian entrepreneur in the plastics industry, highlighted the quality and competitive pricing of Omani plastic products, noting their popularity among Algerian consumers. 'The pavilion is an excellent platform for us to explore potential business collaborations,' he said. Another visitor, Iman Boutelja, expressed her admiration for the variety of products on display. 'It's a beautiful and well-organised pavilion. I believe Omani companies will successfully secure distribution deals and agency contracts in Algeria,' she noted. Algerian businessman Abdulrahman bin Omar echoed this sentiment, describing the pavilion as an opportunity for deeper commercial ties. 'Omani industries are known for their quality. I've decided to pursue partnerships with several Omani firms in the electricity and agriculture sectors,' he revealed. The Omani pavilion features 60 companies operating across diverse sectors including pharmaceuticals, transportation, electrical equipment, real estate, fisheries, tourism, food production, and handicrafts. The Sultanate of Oman's prominent presence at the fair is expected to pave the way for stronger trade and investment relations between Oman and Algeria, while providing Omani companies with valuable access to the North African market. — ONA
Observer
4 days ago
- Business
- Observer
Business forum strengthens Oman and Algeria economic ties
ALGIERS: Oman and Algeria reaffirmed their growing economic partnership during the Omani-Algerian Businessmen Forum held in Algiers on Tuesday, under the theme 'Algerian-Omani Economic Partnerships: Pioneering Areas and Promising Prospects.' The forum took place as part of Oman's participation as Guest of Honour at the 56th Algiers International Fair. The event brought together key officials and business leaders from both countries to explore avenues for trade, investment, and industrial collaboration. It underscored the shared commitment of Oman and Algeria to deepen their economic integration and capitalise on emerging opportunities in sectors ranging from manufacturing to logistics and urban development. Qais bin Mohammed al Yousef, Oman's Minister of Commerce, Industry and Investment Promotion, highlighted the significance of the forum in reinforcing bilateral relations. 'The participation of business leaders from both countries reflects our shared desire to enhance cooperation, expand trade, and explore new investment opportunities,' he said. Al Yousef emphasised Oman's efforts to diversify imports, promote Omani exports, and foster investment integration with Algeria. He noted that both governments are working to provide the necessary incentives, facilities, and enablers to empower the private sector to drive sustainable economic growth. 'Our aim is to build a competitive economy that can keep pace with global changes, while ensuring the sustainability of national development,' Al Yousef added. He also expressed hope that Oman's role as Guest of Honor at the fair would further strengthen trade and investment ties between the two nations. Tayeb Zitouni, Algeria's Minister of Internal Trade and National Market Control, praised the strong historical and brotherly relations between the two countries, which he said have reached a new strategic level in recent years. He pointed to recent high-level state visits — including the Algerian President's trip to Oman in October 2024 and His Majesty the Sultan's visit to Algeria in May 2025 — as pivotal moments that deepened bilateral understanding and commitment. Zitouni highlighted key joint initiatives, such as the $2.4 billion fertiliser production complex in Arzew and the establishment of the Algerian-Omani Investment Fund. He also mentioned new opportunities under study in automotive, energy, agriculture, and pharmaceuticals. 'There is strong potential to expand cooperation in vital sectors like tourism, services, and cultural and traditional industries,' Zitouni said. He called on stakeholders from both sides to redouble efforts to strengthen trade channels and maximise their complementary resources. Faisal bin Abdullah al Rawas, Chairman of the Oman Chamber of Commerce and Industry, noted that the forum provided a platform to explore joint ventures across various sectors. He singled out the pharmaceutical and manufacturing industries as areas of promising collaboration. Al Rawas emphasised Algeria's strategic geographic position, which offers access to broader regional markets, making it an attractive destination for Omani investors. — ONA
See - Sada Elbalad
4 days ago
- Business
- See - Sada Elbalad
Algerian President Inaugurates Oman's Pavilion as Guest of Honor at Algiers International Fair
Mohamed Mandour Algerian President Abdelmadjid Tebboune inaugurated the Sultanate of Oman's pavilion at the 56th Algiers International Fair, where Oman is participating as guest of honor. The event is being held at the Exhibition Palace in Algiers and runs through June 28. President Tebboune was accompanied by Oman's Minister of Commerce, Industry and Investment Promotion, Qais bin Mohammed Al Yousef, during a tour of the 900-square-meter pavilion, which features more than 60 Omani companies and institutions from various sectors including industry, commerce, and services, alongside several government entities. Oman's participation highlights the deepening economic and diplomatic ties between the two nations, following the state visit of His Majesty Sultan Haitham bin Tarik to Algeria in May, which marked a new chapter of comprehensive bilateral cooperation. The Omani pavilion showcases a broad range of sectors, including pharmaceuticals, real estate, fisheries, tourism, transportation, electrical conversions, food products, and traditional handicrafts. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream News Shell Unveils Cost-Cutting, LNG Growth Plan Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean
Muscat Daily
4 days ago
- Business
- Muscat Daily
Algerian President receives Oman's Minister of Commerce
By OUR CORRESPONDENT Algiers, Algeria – President Abdelmadjid Tebboune of the People's Democratic Republic of Algeria received Qais bin Mohammed al Yousef, Minister of Commerce, Industry and Investment Promotion, in Algiers on Monday. The meeting took place on the sidelines of the official inauguration of the 56th Algiers International Fair, where the Sultanate of Oman is participating as Guest of Honour. During the meeting, Yousef conveyed the greetings of His Majesty Sultan Haitham bin Tarik to President Tebboune, along with His Majesty's sincere wishes for continued progress and prosperity for the government and people of Algeria. President Tebboune, in turn, requested the minister to convey his greetings and appreciation to His Majesty the Sultan, expressing his gratitude for Oman's distinguished participation in the fair. He also extended his best wishes for further growth and prosperity to the sultanate and its people.
