Sunday, 25 August 2019 04:00 GMT
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Oman's SGRF signs investment deal with Djibouti




(MENAFN) A memorandum of understanding was penned between the Omani State General Reserve Fund (SGRF) and Djibouti Ports & Free Zones Authority.

Under the MoU, Oman's SGRF will be exploring investment windows in Djibouti along with creating a strategic partnership between the two institutions.

SGRF confirmed that the agreement would allow the two sides to cooperate in developing, investing, operating and managing ports as well as other key logistical facilities in Djibouti.

Both sides are looking through the deal to allow the institutions to find means in strengthening their relations and collaboration.

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Oman's SGRF signs investment deal with Djibouti

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