Oman and Algeria sign cooperation agreements, launch joint investment fund

Algiers : The signing ceremony featured a preliminary agreement, four memoranda of understanding, two memoranda of cooperation, and four executive programmes between the two countries.

A key highlight of the agreements was the announcement of a joint Omani-Algerian investment fund with a proposed capital of RO 115.4 million (approximately 300 million US dollars). The investments will focus on food security, pharmaceutical industries, and minerals and mining, in addition to scientific, technical, educational, agricultural, investment, pharmaceutical industries, judicial cooperation, justice, plant protection, and animal health.

The Gulf Indians

Recent Posts

India Budget

India Union Budget was sector diversified and considering the increasing global economic challenges, the India…

1 week ago

Directory to be Published by end of this year.

MUSCAT: The ‘Who’s Who of Oman Indian s’, which will include detailed information on prominent…

2 weeks ago

The Misery of Muslims and Nomads in Uttarakhand

By Joseph Maliakan The Muslims and the nomads in the Himalayan state of Uttarkhand which…

3 weeks ago

The Supreme Court becomes Pro-People on Aravalli Hills and Ranges

By Joseph Maliakan The Supreme Court on 29 December 2025 in an unprecedented but welcome…

1 month ago

Indian Economy: Prospects and Challenges

With the overall GDP valued at USD 4. 18 trillion, India has surpassed Japan to…

1 month ago

RAM-G-A ROAD to DISASTER

By Joseph Maliakan The new Bill introduced by the Union government , Viksit Bharat -…

2 months ago

This website uses cookies.