Haitham bin Tariq, Sultan of Oman, will visit Cairo on Sunday, leading a high-level delegation, in his first trip to the North African country since he assumed his position in January 2020. Egyptian President Abdel Fattah Al-Sisi will meet Bin Tariq to discuss strengthening joint Arab action and various developments on the regional and international arenas. The Omani delegation includes Shihab bin Tariq Al Said, Deputy Prime Minister for Defence Affairs; Khalid bin Hilal Al Busaidi, Minister of the Diwan of Royal Court; Sultan bin Mohamed Al Nuamani, Minister of the Royal Office; Badr bin Hamad Al Busaidi, Minister of Foreign Affairs; and Sultan bin Salem Al-Habsi, Minister of Finance. Last February, Daily News reported that the Oman Investment Authority, the sovereign fund of the Sultanate of Oman, has considered investing in Egypt, especially in renewable energy projects. Egypt seeks to consolidate economic relations with Oman to increase FDI in Egypt, urging the Egyptian government to bridge the financing gap, which amounts to about $17 billion.
