16 JAN 25

In conjunction with the state visit of His Majesty King Hamad bin Isa Al Khalifa, and the accompanying delegation to the Sultanate of Oman, Ghitha — a local subsidiary of Mumtalakat — has signed an MoU with the Omani Food Investment Holding Company ("Nitaj"), the Omani’s government food sector investment and development arm. The signing was led by H.E. Shaikh Salman bin Khalifa Al Khalifa, the Minister of Finance and National Economy and Chairman of Mumtalakat, and H.E. Sultan Al Habsi, Oman’s Minister of Finance and Chairman of Oman Investment Authority.

The MoU between aims to explore joint investment opportunities and enhance cooperation and knowledge exchange to develop best practices in efforts to achieve food security. Additionally, it focuses on developing and marketing products from both parties to expand into regional and international markets, as well as collaborating on sustainability initiatives and innovative solutions to address common challenges in agriculture and food security.