Welcome to Business Start Up Oman

Oman’s Sur Oasis Incubator welcomes entrepreneurs

Sur Oasis Incubator in Sur Industrial City has welcomed its first cohort of entrepreneurs, innovators and inventors most recently.

The incubator accepted start-ups...

Oman records energy driven budget surplus

Oman recorded a budget surplus of OMR 784 million (USD 2 billion) in the first half of 2022 according to data provided by Oman News Agency (ONA).

The country’s total revenue in the first six months...

More GCC tourists and high hotel occupancy in Oman

The Sultanate of Oman is witnessing a surge of tourists from GCC countries according to the National Centre for Statistics and Information (NCSI).

The increase was most obvious during the months of...

Oman passes regulations for household businesses

Oman`s Ministry of Commerce, Industry and Investment Promotion (MoCIIP) has issued a ministerial decision concerning income generating household businesses.

As a result, the new measures will legalise...

Oman promotes investment in green energy sector

Oman Investment Authority (OIA) recently hosted the Renewable Energy Conference to present green energy investment opportunities to the international market.

The conference was jointly organised by...

Oman’s Ibri Industrial City attracts new projects

Madayn, Oman’s Public Establishment for Industrial Estates, has announced the Ibri Industrial City project completion rate has surpassed 27%.

Phase one of the project is being developed in the Wilayat...

Oman plans smart cities in Suhar, Nizwa and Salalah

The Sultanate of Oman`s Ministry of Housing & Urban Planning has launched an innovative initiative to develop three smart cities in different parts of the country.

It has invited international urban...

Key enablers to ramp up Oman’s attractiveness

The Sultanate of Oman is introducing a wide range of innovative incentives to attract foreign direct investment and to boost exports to third countries in the region and beyond.

There are 135 new initiatives...

Madayn to develop waste-to-hydrogen plan in Oman

Oman’s Public Establishment for Industrial Estates{_blank} (Madayn) and H2 Industries recently signed a memorandum of understanding (MoU) to develop a waste-to-hydrogen...

Oman Investment Authority presents priorities

Oman Investment Authority (OIA) operated businesses will invest OMR 6.7 billion (USD 17.4 billion) in projects over the next five years.

The sovereign wealth fund anticipates returns of OMR 2.6 billion...

Sohar Freezone with new incentives for more tenants

Sohar Freezone has introduced new incentives to attract more international investors and create additional jobs in line with the Oman Vision 2040.

The incentives allow new businesses to register online...

Oman’s Madayn launches incubator at Sur Industrial City

The Public Establishment for Industrial Estates also known as Madayn recently launched the Sur Oasis Incubator at Sur Industrial City in Al Sharqiyah governate.

The Sur Oasis incubator is represented...

More industrial lands available in Oman’s Port of Duqm

Oman`s Special Economic Zone at Duqm (Sezad) announced that land is now available as part of its industrial project masterplan.

Sezad offers{_blank} land to attract commercial,...

Madayn attracts more multi-million projects for Oman

Oman`s Public Establishment for Industrial Estates (Madayn) announced that it has registered 130 commercial and service projects during the first quarter of 2022.

The projects have a total value of...

Oman to use budget surplus for priority projects

Oman recorded a budget surplus of OMR 300 million (USD 780 million) during the first quarter of 2022 according to official figures.

The numbers suggest that the country is recovering from the pandemic...

Stakeholders reaffirm support for Oman’s SMEs

Oman’s Public Authority for SME Development (Riyada) and other key stakeholders are continuing their support of small and medium enterprises (SMEs).

Riyada...

New reforms in the financial sector in Oman

The Sultanate of Oman`s Capital Markets Authority (CMA){_blank} has licensed Ethis Investments as the first global Islamic crowdfunding operator.

Recently, the CMA updated crowdfunding...

Oman is planning to supercharge its economy

The Sultanate of Oman recently unveiled several mega construction projects as part of the Vision 2040. The developments offer new investment opportunities for national and international investors in line...

AgriTech can address food security issues in GCC

The countries in the Gulf Cooperation Council (GCC) are increasing their efforts to address issues related to food security by investing in domestic production and embracing innovative agri-tech (or agricultural...

Oman registers over 62,000 SMEs in November

Oman’s Authority for Small and Medium Enterprises Development (Riyada) registered 62,335 small and medium enterprises (SMEs) in November 2021. The figures released by the [National Centre for Statistics...

Oman’s Sohar Port & Freezone announces results

Sohar Port & Freezone has announced positive results for the first quarter of 2021 recording a year-on-year growth across all cargo categories.

The maritime, transport and logistics sector is an important...

Many SMEs registered in Oman in sign of recovery

The country has witnessed an increase in new registrations of small and medium enterprises (SMEs) in a sign of recovery from the pandemic.

The number of new listings at Riyada, the Public Authority...

New measures to strengthen Saudi Arabian relations

His Highness Sultan Haitham Bin Tariq, the Sultan of Oman, visited Saudi Arabia most recently following an invitation by His Highness King Salman Bin Abdul Aziz Al Saud, the Custodian of the Two Holy Mosques...

Oman’s ecosystem for start-ups is expanding

The country’s ecosystem for start-ups and scale-ups benefits from the investments in research, development and innovation....

Oman plans reforms to improve the ease of doing business

The Sultanate of Oman is planning to introduce a number of labour reforms as well as a package with additional economic measures in line with the Oman Vision 2040.

The plans will result in important...

Oman diversifies with research, development and innovation

The Sultanate of Oman is diversifying its economy away from hydrocarbons to ensure more sustainable economic growth....

Launch of Business Start Up Oman

Dear businessmen and women, colleagues, friends and followers!

We are pleased to announce the launch of Business Start Up Oman

It is the next chapter in our...

Oman announces new incentives to attract more foreign investment

The Council of Ministers recently announced new incentives to stimulate the business climate, to attract more foreign investment and to improve the ease of doing business. The move comes as Oman ramps...

The most important conditions for a positive outlook for Oman’s economy

Oman`s future economic outlook is expected to improve according to a statement of His Excellency Dr. Nasser bin Rashid Al Mawali, the Undersecretary of the Ministry of Economy and a Board Member at the...

Oman’s recovery from the pandemic with an outlook and the measures

The Sultanate of Oman has introduced many substantial and meaningful measures to mitigate the economic impact of Covid-19.

It is expected that these measures will be available during 2021 and 2022...