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KCCI Seeks to Enhance Real Estate Cooperation with Oman

Source: www.export-egypt.com 11/18/2014, Location: Middle East

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Means of cementing bilateral trade and investment cooperation, especially in real estate, were the focus of talks held here on Tuesday between members of the Kuwait Chamber of Commerce and Industry (KCCI) and Omani counterparts.

KCCI is ready to organize exhibitions and hold meetings with Omanis on benefiting from the wide tourist potential in Salalah, capital of the southern Omani province of Dhofar, KCCI board member Tarek Al-Mutawa said in a press release.

Al-Mutawa stressed necessity of such talks to cement investment cooperation, as much as joint fairs and exhibitions do.

For his part, head of the Omani delegation, Salim bin Abdullah bin Salim Al-Kaf, member of the Oman Chamber of Commerce and Industry in Dhofar emphasized the strong Kuwaiti-Omani economic ties.

He said that today's meeting aimed at exploring the investment opportunities in Salalah, and the legislations governing property owning in the Sultanate.

Al-Kaf noted that they are ready to provide KCCI with the legislations, data and statistics on property owning in Oman, noting that the Salalah new airport would soon be inaugurated to cope with the rising tourist move from other Gulf Cooperation Council (GCC) member states.

In addition, Salalah will host a major real estate conference in the summer, he said.

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