UAE and Oman sign $35bn investment partnerships in renewable energy, green metals, railways, and digital infrastructure during Sultan Haitham's state visit.

UAE and Oman sign $35bn worth of investment partnerships in renewable energy, green metals, railways, and digital infrastructure and technology during Sultan Haitham bin Tariq's state visit to the UAE. The memorandums of understanding establish investment partnerships between the UAE and Oman worth a combined $35bn (129bn UAE dirhams) to deepen cooperation across multiple sectors, including renewable energy initiatives, green metals production facilities, railway connectivity, and investments in digital infrastructure and technology.

April 23, 2024
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