Saudi Arabia and Oman open first direct land link

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Saudi Arabia and Oman on Tuesday opened the first direct land crossing between the two Gulf neighbors, a joint statement said.

"The two sides welcomed...the opening of the 725 km Omani-Saudi road, which will contribute to the smooth movement of citizens of the two countries and the integration of supply chains," it said.

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Saudi Arabia's Public Investment Fund (PIF) will invest five billion dollars in Oman, Saudi state news agency said, after Saudi Crown Prince Mohammed bin Salman visited as part of a Gulf tour.

Omani and Saudi firms has signed 13 memoranda of understanding (MoU) valued at $30 billion, the Saudi state news agency (SPA) reported.

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