Muscat – His Majesty Sultan Haitham bin Tarik and President Joao Lourenco of the Republic of Angola attended the signing of an agreement and two memoranda of understanding (MoUs) at Al Alam Palace on Thursday, as part of the latter’s official visit to the Sultanate of Oman.

The agreement provides for acquiring a stake in Angola’s Catoca and Luele mines. The first MoU deals with cooperation in the field of energy between the two sides, while the second pertains to exploring opportunities for cooperation in strategic financial initiatives.

The agreement and MoUs were signed on behalf of Oman by Abdulsalam bin Mohammed al Murshidi, Chairman of Oman Investment Authority, while Diamantino Pedro Azevedo, Minister of Mineral Resources, Oil and Gas, and Vera Esperança dos Santos, Minister of Finance, signed the pacts on behalf of Angola.

The signing was attended by Royal family members, ministers, military commanders and members of the visiting Angolan delegation.

President Lourenco concludes official visit

President Lourenco’s official visit to Oman concluded on Saturday. He was seen off at the Royal Airport by Abdulsalam Mohammed al Murshidi, Chairman of Oman Investment Authority, H E Dr Rahma Ibrahim al Mahrouqi, Minister of Higher Education, Research and Innovation, H E Dr Said Mohammed al Saqri, Minister of Economy (Head of Mission of Honour), and H E Dr Frederico Cardoso, Non-Resident Ambassador of Angola to Oman.