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Libyan Companies Seek Strategic Partnerships in Muscat

April 24, 2025
Libyan Companies Seek Strategic Partnerships in Muscat

Libyan Companies Seek Strategic Partnerships in Muscat

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On Thursday, a delegation of Libyan business leaders took part in a major bilateral forum in Muscat. The initiative marks a renewed push by Libyan institutions and the private sector to secure trade partnerships, attract investment, and diversify economic ties beyond North Africa.

The Omani-Libyan Business Forum, held this week in the Omani capital, brought together representatives from seventeen Libyan companies operating across a range of sectors, including food production, construction, healthcare, renewable energy, and technology. The event is being co-organized by the Oman Chamber of Commerce and Industry (OCCI) and Libyan economic counterparts.

Libya’s delegation was welcomed by Hamoud al Saadi, Second Vice-Chairman of OCCI’s Board of Directors, who emphasized the strategic value of closer ties with Libya. “We are pleased to host a Libyan business delegation as part of our shared goal to deepen bilateral economic relations. This forum represents an opportunity to unlock mutually beneficial partnerships in sectors critical to both nations.”

Libyan representatives highlighted the country’s openness to joint investment projects, particularly in areas where Libya’s reconstruction and development needs align with Oman’s strategic sectors. Libya is seeking regional partners who can contribute to its post-conflict recovery and economic stabilization efforts.

The forum focused on opportunities in food security, health services, medical manufacturing, construction, and renewable energy—sectors where Oman is actively encouraging foreign participation, and where Libyan companies are eager to engage in knowledge transfer and capital exchange.

Issa al Bahlani, a member of the OCCI Labour Market Committee and a representative of Sarooj Construction Company, noted the importance of connecting Libyan firms with Oman’s business landscape. “Oman offers an attractive and stable environment for Libyan companies to invest in, particularly in sectors aligned with national development plans,” he said.

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