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FinancialNews
15-10-18
Oman-Saudi direct road set to be inaugurated
(MENAFN) Saudi Press Agency announced the soon inauguration of a new direct road which was established to connect Oman with Saudi Arabia.
The news was reportedly unveiled by governor of the Saudi Arabian General Investment Authority (SAGIA), Ibrahim Al-Omar, on the sidelines of the Oman-Saudi Business Forum.
The governor stated: "the new 726-kilometer-long road is expected to boost the growth of trade exchange and joint investments between both countries."
The new direct road was assured to be contributing to plans to lessen the travel duration between Oman and Saudi Arabia.
The travel distance is to be reduced by more than 800 kilometers, with the new road acting as a substitute for the current one which passes through the UAE.
MENAFN1510201800450000ID1097569315
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