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Policy & Legal Updates
Source: Politics Today

Oman Proposes Preferential Trade and Investment Agreement with China During Beijing Visit

Oman has proposed establishing a preferential bilateral trade and investment agreement with China during talks between Sultan Haitham bin Tariq al-Said and President Xi Jinping in Beijing. The proposed initiative seeks to expand commercial exchanges and create joint investment funds in renewable energy, artificial intelligence, digital technologies, space, and defense. President Xi welcomed closer bilateral ties, describing deepened cooperation with Oman as a shared strategic choice.

Industry News
Source: EnterpriseAM

Sisco-Backed GDI Completes SAR 230 Million Acquisition of UAE Cold-Chain Specialist Transcorp

Saudi-listed SISCO Holding announced that portfolio company Green Dome Investments has closed the 100% acquisition of Dubai-based Transcorp International for SAR 230 million (AED 225 million). The transaction was funded through equity from GDI shareholders, including approximately SAR 77 million from SISCO, marking the exit of Crescent Enterprises' CE-Ventures. Transcorp's UAE and Qatar operations will merge into GDI subsidiary Elite Co., creating a platform managing 1,500 vehicles and 27 warehouses across five GCC markets.

China–UAE News
Source: صوت الإمارات

China and Oman Urge Hormuz Maritime Security and Middle East De-Escalation

Chinese President Xi Jinping and Sultan Haitham bin Tariq of Oman held official talks in Beijing, calling for peaceful dialogue between the United States and Iran and the safeguarding of maritime navigation in the Strait of Hormuz. Both leaders warned against turning the region into an arena for major-power confrontation and stressed the importance of unimpeded global trade routes.

Industry News
Source: Al Arabiya

China Expands Strategic and Economic Cooperation in Talks with Oman and Saudi Arabia

Chinese President Xi Jinping held talks in Beijing with Sultan Haitham Bin Tarik of Oman, witnessing the signing of agreements across industrial supply chains, green development, and digital finance. Concurrently, Saudi Crown Prince Mohammed bin Salman sent an official message to Xi regarding bilateral trade, energy supplies, and maritime security.

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