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BusinessQuiet 12d · day 12

Oman, China sign $23 investment agreements during sultan's Beijing visit

Sultan Haitham bin Tarik and President Xi Jinping oversee deals worth billions across renewable energy, mining, logistics, and space technology.

newest coverage 11d agosummary written 11d ago5 pieces NewswiresYouTubeGoogle NewsMastodon

What to know

  • Oman and China signed 23 investment agreements worth billions during Sultan Haitham's first state visit to China, building on $36.73 billion in bilateral trade in 2024.
  • Joint investment funds totaling at least $1.55 billion were established across renewables, mining, technology, and logistics sectors.
  • The Space Silk Road program will deploy seven satellites and establish a satellite assembly facility in Oman, marking a major expansion of tech cooperation.

Sultan Haitham bin Tarik Sultan of OmanXi JinpingXi Jinping President of ChinaAbdulsalam bin Mohammed Al Murshidi President of Oman Investment Authority

Oman, China sign $23 investment agreements during sultan's Beijing visit
Al Jazeera

How it unfolded 2 developments, newest first · click a bar or a number to jump articlesvideos

Peak 3 pieces in 3h at Nov 2, 5 AM; 5 pieces over 12 days (3 articles · 1 video · 1 post) Nov 1, 11 PM — 1 piece · 1 article — Google News 1Nov 2, 2 AM — quietNov 2, 5 AM — 3 pieces · 2 articles · 1 video — Newswires 2, YouTube 1Nov 2, 8 AM — 1 piece · 1 post — Mastodon 1Nov 2, 11 AM — quietNov 2, 2 PM — quietNov 2, 5 PM — quietNov 2, 8 PM — quietNov 2, 11 PM — quietNov 3, 2 AM — quietNov 3, 5 AM — quietNov 3, 8 AM — quietNov 3, 11 AM — quietNov 3, 2 PM — quietNov 3, 5 PM — quietNov 3, 8 PM — quietNov 3, 11 PM — quietNov 4, 2 AM — quietNov 4, 5 AM — quietNov 4, 8 AM — quietNov 4, 11 AM — quietNov 4, 2 PM — quietNov 4, 5 PM — quietNov 4, 8 PM — quietNov 4, 11 PM — quietNov 5, 2 AM — quietNov 5, 5 AM — quietNov 5, 8 AM — quietNov 5, 11 AM — quietNov 5, 2 PM — quietNov 5, 5 PM — quietNov 5, 8 PM — quietNov 5, 11 PM — quietNov 6, 2 AM — quietNov 6, 5 AM — quietNov 6, 8 AM — quietNov 6, 11 AM — quietNov 6, 2 PM — quietNov 6, 5 PM — quietNov 6, 8 PM — quietNov 6, 11 PM — quietNov 7, 2 AM — quietNov 7, 5 AM — quietNov 7, 8 AM — quietNov 7, 11 AM — quietNov 7, 2 PM — quietNov 7, 5 PM — quietNov 7, 8 PM — quietNov 7, 11 PM — quietNov 8, 2 AM — quietNov 8, 5 AM — quietNov 8, 8 AM — quietNov 8, 11 AM — quietNov 8, 2 PM — quietNov 8, 5 PM — quietNov 8, 8 PM — quietNov 8, 11 PM — quietNov 9, 2 AM — quietNov 9, 5 AM — quietNov 9, 8 AM — quietNov 9, 11 AM — quietNov 9, 2 PM — quietNov 9, 5 PM — quietNov 9, 8 PM — quietNov 9, 11 PM — quietNov 10, 2 AM — quietNov 10, 5 AM — quietNov 10, 8 AM — quietNov 10, 11 AM — quietNov 10, 2 PM — quietNov 10, 5 PM — quietNov 10, 8 PM — quietNov 10, 11 PM — quietNov 11, 2 AM — quietNov 11, 5 AM — quietNov 11, 8 AM — quietNov 11, 11 AM — quietNov 11, 2 PM — quietNov 11, 5 PM — quietNov 11, 8 PM — quietNov 11, 11 PM — quietYesterday, 2 AM — quietYesterday, 5 AM — quietYesterday, 8 AM — quietYesterday, 11 AM — quietYesterday, 2 PM — quietYesterday, 5 PM — quietYesterday, 8 PM — quietYesterday, 11 PM — quietToday, 2 AM — quietToday, 5 AM — quietToday, 8 AM — quietToday, 11 AM — quietToday, 2 PM — quietToday, 5 PM — quietToday, 8 PM — quiet 1–2
Nov 2Nov 3Nov 4Nov 5Nov 6Nov 7Nov 8Nov 9Nov 10Nov 11yesterdaynow · 9:13 PM ET
  1. 1

    Logistics infrastructure expanded through warehouse and port partnerships

    Asyad Group and JD.com will develop three distribution warehouses across Muscat International Airport Free Zone, Khazaen Economic City, and Sohar Free Zone, while Sohar International signed a memorandum with Shanghai Pudong Development Bank on co-financing and debt capital markets.

    “The visit represents an important step for the economic partnership between the two countries and gives the authority and its companies broader opportunities to turn bilateral relations into investments and projects serving shared interests.”
    — Abdulsalam bin Mohammed Al Murshidi, President of Oman Investment Authority · source
  2. background

    Mining and renewable energy projects secured under new agreements — Minerals Development Oman signed a 10-year, $418.7 million mining services contract with Hongda International for the Mazoon Copper and Gold Project, while a $100 million partnership with BCG and Hoi Mills aims to develop solar projects and establish solar equipment manufacturing in Oman.

  3. background

    Oman and China launch Space Silk Road program with satellite plans — The Space Silk Road program includes an initial phase of seven satellites and plans to establish a satellite assembly, integration, and testing facility in Oman, representing a significant expansion of technological cooperation between the nations.

  4. background

    Joint funds totaling $1.5 billion established between Oman and China — Multiple investment funds were created, including an $800 million joint fund with the Silk Road Fund (mostly benefiting Oman), a $300 million fund with China Merchants Bank, a $200 million fund with IDG Capital, a $200 million Oman-focused fund with Templewater, and a $250 million fund with eWTP Arabia Capital.

  5. 2

    Oman and China sign 23 investment agreements at Beijing forum

    During Sultan Haitham bin Tarik's first state visit to China, Oman and China inked 23 agreements, memorandums, and strategic investment partnerships at the Oman-China Investment Partnership Horizons Forum held at Bank of China headquarters. The deals cover joint investment funds, renewable energy, mining, logistics, digital transformation, and space technology.

    1. 1 outlet Oman, China ink multibillion-dollar investment deals

      first by Arab News, 11d ago

    2. 1 outlet first by Al Jazeera, 11d ago · read ↗