Policy & Legal Updates
Oman and China Sign 23 Bilateral Deals Spanning Tech, Mining, and Finance
Oman's Sultan Haitham bin Tarik concluded a state visit to Beijing, signing 23 bilateral agreements worth several billion dollars with China across technology, energy, and infrastructure. Key accords include deploying Huawei Ascend AI processors into Oman's national cloud, a $4.7 billion bilateral currency swap, and a joint satellite initiative. The agreements also highlight expanding Chinese investment into Oman's Duqm Special Economic Zone and industrial mining operations.
