Muscat: The founding of the Algerian-Omani Investment Fund as a vehicle for funding cooperative investments between the two countries, increasing their volume, and promoting diversification and growth across all sectors was praised by both His Majesty Sultan Haitham bin Tarik and President Abdelmadjid Tebboune of the People's Democratic Republic of Algeria.
On Monday, as His Majesty Sultan Haitham bin Tarik paid a state visit to the People's Democratic Republic of Algeria on May 45, 2025, the joint statement was released.
It reads as follows:.
His Majesty Sultan Haitham bin Tarik, Sultan of Oman, accompanied by a high-ranking delegation, conducted a state visit to Algeria on 45 May at the invitation of President Abdelmadjid Tebboune of the People's Democratic Republic of Algeria.
President Tebboune greeted His Majesty Sultan Haitham bin Tarik at the start of the visit, lauding this reunion, which demonstrates the cordial ties, collaboration, and solidarity between the Algerian and Omani people.
During his turn, His Majesty praised his trip to Algeria and thanked the welcoming welcome given to him and his party. He emphasized the unique connection between the two countries, which is based on a common destiny and historical, cultural, and solidarity ties.
The two leaders engaged in thorough and productive talks about bilateral relations and methods to improve them in a variety of sectors in an environment of mutual understanding. They also held a larger meeting between the two delegations, which they moderated, and they shared ideas on global and regional topics of shared interest.
Both sides lauded the advancements made in bilateral relations in recent years, notably after President Tebboune's official visit to Muscat on October 28–30, 2024, and the eighth session of the Joint Committee, which took place in Algeria on June 11–12, 2024. Additionally, they praised the measures that were taken to carry out the conclusions of these discussions.
The two leaders reiterated their dedication to strengthening cooperation and partnership, making use of the immense potential of both nations.
Based on the successful collaboration in fertilizer, ammonia, and urea production in the Arzew industrial zone, a $2. 4 billion enterprise, the two sides supported cooperative investment projects involving the public and private sectors. They also invited continued dialogue for initiatives in the automobile manufacturing, energy, pharmaceutical, and other industries, pushing for their rapid implementation and the discovery of fresh prospects for mutual gain.
The establishment of the AlgerianOmani Investment Fund was praised by them as a means of funding joint ventures, broadening their scope, and ensuring diversification across all industries.
In terms of commerce, the two leaders instructed increased efforts to increase trade volume, establish economic exchanges, and make use of the commercial and economic capabilities of both countries.
In addition, they emphasized the results of the business forum that took place in Algeria on June 11, 2024, which brought together businesspeople and firms from both nations. They also mentioned Algeria's presence as the guest of honor at the seventh Oman AgroFood fair (13 December 2025) and Oman's choice as the guest of honor at the 56th Algiers International Fair (2328 June 2025).
The signing of memoranda of understanding and executive programs in the fields of justice, law, investment, agriculture, fisheries, pharmaceuticals, energy, mining, labor, and employment was praised by both parties.
The leaders lauded the strong historical and cultural connections between the two nations, as well as the vital contribution the Algerian population in Oman has made to fostering bilateral relations.
The two leaders discussed current events pertaining to regional and global concerns, highlighting their dedication to aligning their positions in accordance with their foreign policy ideals and the interests of the Arab and Islamic worlds. They emphasized the need to improve security and stability both locally and worldwide.
In relation to the Arab world, they emphasized the necessity of ongoing coordination with Arab brothers, both bilaterally and inside the Arab League, in order to improve collective Arab efforts and meet complex threats and challenges.
The two leaders spoke about the terrible situation in Palestine, roundly denouncing Israel's scorched-earth strategy and genocidal war in Gaza, which has led to unparalleled humanitarian catastrophes and the devastation of vital infrastructure, such hospitals, schools, and places of worship. They urged the international community, especially the UN Security Council, to carry out its obligations by calling for an immediate ceasefire in Gaza and pursuing a complete and equitable solution to the Palestinian question based on relevant international resolutions and the two-state solution, which would guarantee the Palestinian people's right to an independent state along the 1967 borders, with Jerusalem as its capital.
As the Arab representative to the UN Security Council, Algeria's continuous efforts to support the Palestinian cause were lauded by the Omani side.
The Algerian team lauded Oman's helpful role in mediating between the U. S. and Iran, praising the wisdom and diplomacy with which it has approached conflict resolution via peaceful discussion.
His Majesty Sultan Haitham bin Tarik conveyed his appreciation for the gracious welcome extended to him and his delegation at the conclusion of the trip. He prayed for the health and well-being of his President Tebboune as well as for Algeria's continued advancement and prosperity. .
