Oman Duty Free has signed a Memorandum of Understanding (MoU) with China Duty Free International (CDFI) to strengthen cooperation in duty-free markets and travel retail.
The agreement was
signed by Sayyid Nasr bin Badr Al Busaidi, CEO of Oman Duty Free, and Dou
Xiaoqiong, Managing Manager of CDFI, on the sidelines of His Majesty Sultan
Haitham bin Tarik’s state visit to China.
The partnership aims
to enhance Oman Duty Free’s business operations, attract leading international
brands to Oman and support its global expansion through the exchange of
expertise in store operations, product management, supply chains and
franchising.
Growing investment
interest from China Tourism Group, CDFI’s parent company, is also expected to
support Oman’s tourism sector.
The partnership will
explore opportunities across travel, hospitality and retail, helping position
Oman as an attractive destination and encourage more Chinese tourists to visit
the Sultanate. -TradeArabia News Service
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