Egypt and Oman Sign Deals to Foster Bilateral Cooperation

Egypt and Oman have signed an agreement that aims to prevent double taxation, which refers to income tax being levied twice on the same income, as well as a Memorandum of Understanding (MoU) to foster bilateral cooperation between the two countries, on Monday, 23 May.

The deals – overseen by Finance Minister Mohamed Maait and his Omani counterpart Sultan Bin Salem Al-Habsi – were finalized during the Egyptian-Omani Business Forum, held in Cairo as part of Sultan of Oman Haitham bin Tariq’s first visit to Cairo on Saturday, 20 May.

According to Oman’s Ambassador to Cairo Abdullah bin Nasser Al-Rahbi, the Sultan’s visit to Cairo will witness the signing of six MoUs between Oman and Egypt, including cooperation in the education, judiciary, transportation, aviation, and taxation fields.