Latest news with #SayyidBadrAlbusaidi
Zawya
6 days ago
- Business
- Zawya
Cebu-Oman Investment Forum opens with a historic promise of economic partnership
Cebu: The inaugural Cebu-Oman Investment Forum kicked off today in Cebu, Philippines, with an eloquent opening address by His Excellency Foreign Minister Sayyid Badr Albusaidi. The event marks a significant milestone in the enduring friendship between Oman and the Republic of the Philippines, aiming to transform their longstanding goodwill into a dynamic economic partnership. In his speech, Sayyid Badr highlighted the deep ties fostered by nearly 50,000 Overseas Filipino Workers (OFWs) who have found a second home in Oman, thriving in an environment of safety, respect, and opportunity. He emphasized the shared values of modesty, hospitality and tolerance between the Omani and Filipino peoples, which have woven a tapestry of trust and collaboration. The forum represents a bold new chapter, shifting focus beyond manpower relations to invite business communities and investors from both nations to explore mutual economic opportunities. Oman, strategically located at the crossroads of the Arabian Peninsula, East Africa, and South Asia, offers access to markets serving over two billion consumers. Through Vision 2040, Oman is driving economic diversification with world-class infrastructure, free trade zones in Duqm, Sohar, and Salalah, and investor incentives including 100% ownership, tax exemptions, a stable currency, and free movement of capital. Sectors such as renewable energy, logistics, real estate, tourism, food industry, medical care, data centers, technology, AI, and robotics are open for investment, underpinned by Oman's 'friends to all' philosophy and free trade agreements with countries like the United States, Singapore, and the EFTA region. Similarly, the Philippines' thriving economy, fueled by innovation, a skilled workforce and entrepreneurial spirit, presents exciting prospects for Omani investors in technology, agriculture, infrastructure and hospitality. Sayyid Badr extended an open invitation to forge robust economic bonds, encouraging joint ventures and expertise exchange to nurture prosperity. The Foreign Minister called on participants to seize this opportunity to build on the people-to-people connections established by OFWs, laying the foundation for a flourishing economic partnership and a new era of mutual investment. © Muscat Media Group Provided by SyndiGate Media Inc. (
Observer
12-07-2025
- Business
- Observer
Cebu-Oman Investment Forum Opens with a promise of partnership
Cebu, Philippines - The inaugural Cebu-Oman Investment Forum kicked off today in Cebu, Philippines, with an opening address by Foreign Minister Sayyid Badr Albusaidi. The event marks a significant milestone in the enduring friendship between Oman and the Republic of the Philippines, aiming to transform their longstanding goodwill into a dynamic economic partnership. In his speech, Sayyid Badr highlighted the deep ties fostered by nearly 50,000 Overseas Filipino Workers (OFWs) who have found a second home in Oman, thriving in an environment of safety, respect, and opportunity. He emphasized the shared values of modesty, hospitality, and tolerance between the Omani and Filipino peoples, which have woven a tapestry of trust and collaboration. The forum represents a bold new chapter, shifting focus beyond manpower relations to invite business communities and investors from both nations to explore mutual economic opportunities. Oman, strategically located at the crossroads of the Arabian Peninsula, East Africa, and South Asia, offers access to markets serving over two billion consumers. Through Vision 2040, Oman is driving economic diversification with world-class infrastructure, free trade zones in Duqm, Sohar, and Salalah, and investor incentives including 100% ownership, tax exemptions, a stable currency, and free movement of capital. Sectors such as renewable energy, logistics, real estate, tourism, food industry, medical care, data centers, technology, AI, and robotics are open for investment, underpinned by Oman's 'friends to all' philosophy and free trade agreements with countries like the United States, Singapore, and the EFTA region. Similarly, the Philippines' thriving economy, fueled by innovation, a skilled workforce, and entrepreneurial spirit, presents exciting prospects for Omani investors in technology, agriculture, infrastructure, and hospitality. Sayyid Badr extended an open invitation to forge robust economic bonds, encouraging joint ventures and expertise exchange to nurture prosperity. The Foreign Minister called on participants to seize this opportunity to build on the people-to-people connections established by OFWs, laying the foundation for a flourishing economic partnership and a new era of mutual investment.
Times of Oman
12-07-2025
- Business
- Times of Oman
Cebu-Oman Investment Forum opens with a historic promise of economic partnership
Cebu: The inaugural Cebu-Oman Investment Forum kicked off today in Cebu, Philippines, with an eloquent opening address by His Excellency Foreign Minister Sayyid Badr Albusaidi. The event marks a significant milestone in the enduring friendship between Oman and the Republic of the Philippines, aiming to transform their longstanding goodwill into a dynamic economic partnership. In his speech, Sayyid Badr highlighted the deep ties fostered by nearly 50,000 Overseas Filipino Workers (OFWs) who have found a second home in Oman, thriving in an environment of safety, respect, and opportunity. He emphasized the shared values of modesty, hospitality and tolerance between the Omani and Filipino peoples, which have woven a tapestry of trust and collaboration. The forum represents a bold new chapter, shifting focus beyond manpower relations to invite business communities and investors from both nations to explore mutual economic opportunities. Oman, strategically located at the crossroads of the Arabian Peninsula, East Africa, and South Asia, offers access to markets serving over two billion consumers. Through Vision 2040, Oman is driving economic diversification with world-class infrastructure, free trade zones in Duqm, Sohar, and Salalah, and investor incentives including 100% ownership, tax exemptions, a stable currency, and free movement of capital. Sectors such as renewable energy, logistics, real estate, tourism, food industry, medical care, data centers, technology, AI, and robotics are open for investment, underpinned by Oman's 'friends to all' philosophy and free trade agreements with countries like the United States, Singapore, and the EFTA region. Similarly, the Philippines' thriving economy, fueled by innovation, a skilled workforce and entrepreneurial spirit, presents exciting prospects for Omani investors in technology, agriculture, infrastructure and hospitality. Sayyid Badr extended an open invitation to forge robust economic bonds, encouraging joint ventures and expertise exchange to nurture prosperity.
Zawya
02-07-2025
- Politics
- Zawya
Foreign Minister holds closed meeting with Egyptian counterpart in Cairo
Foreign Minister Sayyid Badr Albusaidi held a closed meeting with Egyptian Foreign Minister Badr Abdelatty, on the sidelines of the 16th session of the Omani-Egyptian Joint Committee in Cairo. The meeting, reaffirmed the close cooperation between the Sultanate of Oman and the Arab Republic of Egypt and their shared commitment to developing it strategically across various fields, in a manner that deepens mutual interests and brings greater shared benefits to both brotherly countries. The two Ministers also discussed a number of regional issues and developments of mutual political and security concern. They underlined the importance of maintaining coordination, aligning their visions and combining efforts to prioritise dialogue and diplomacy in addressing challenges, defusing tensions and tackling the root causes of conflict, in the interest of the region as a whole. Distributed by APO Group on behalf of Foreign Ministry of Oman.
Zawya
02-07-2025
- Business
- Zawya
Oman and Egypt hold joint press conference
Oman's Foreign Minister, Sayyid Badr Albusaidi, Foreign Minister and Dr Badr Abdelatty, Minister of Foreign Affairs of the Arab Republic of Egypt, held a joint press conference marking the conclusion of the 16th session of the Omani-Egyptian Joint Committee in Cairo. During the press conference, Sayyid Badr expressed full alignment with his Egyptian counterpart regarding Omani-Egyptian cooperation matters and both countries' positions on regional issues. He noted both countries' commitment to enhancing trade, strengthening the role of the Business Council, and increasing mutual investments, while praising the contributions of the Egyptian community to Oman's development. On regional matters, he emphasised Oman's support for Egypt's efforts to halt the aggression on Gaza, reject forced displacement attempts, and adhere to the two-state solution leading to an independent Palestinian state. Sayyid Badr reiterated Oman's support for Egypt's position on the Renaissance Dam issue, stressing the importance of respecting Arab states' sovereignty and territorial integrity while rejecting all forms of foreign interference in their internal affairs. He also stated that resuming negotiations on the Iranian nuclear issue is essential for regional stability, underscoring the importance of confidence-building measures to avoid escalation and to reach a fair, consensual solution to this issue while focusing efforts on regional development and cooperation. Distributed by APO Group on behalf of Foreign Ministry of Oman.
