Oman and Saudi Arabia sign three new agreements to strengthen economic relations

In 2024, Oman and Saudi Arabia strengthened their economic relations by signing three new agreements covering the following areas:

• Cloud technologies: cooperation in the development and implementation of cloud solutions to increase digitalization and business efficiency in both countries.
• Legal services: Partnership between law firms to share expertise, improve service quality and ensure compliance with international standards.
• Jewelry: Joint projects in the design, production and marketing of jewelry aimed at strengthening the presence in international markets.

"Partnership in legal services provides more reliable legal support for investors and companies operating in both countries. Especially when it is necessary to ensure compliance with the legal regulations of both countries for the successful implementation of joint projects."

By contacting us, you will receive:

• Consultation on opening and running a business in Oman and Saudi Arabia, including analysis of local legislation and regulatory requirements.
• Consultations on tax planning and tax optimization in accordance with local legislation.
• Assessment of the investment climate and identification of promising sectors for investment.
• Support for international agreements, including the preparation and analysis of contracts, as well as ensuring their compliance with local legislation.