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A central point of contact for creative individuals, entrepreneurial ventures, innovative start-ups and established businesses with aims and intentions or objects and plans in and around the Sultanate of Oman.
Read MoreWe prepare and provide the most relevant information on the (business) ecosystem and the most recent developments in the Sultanate of Oman under News and on Facebook, Twitter, Instagram & Co.
We introduce you to the creative individuals, entrepreneurial ventures, innovative start-ups and established businesses and our network of professionals and subject matter experts and specialists.
We promote and support the aims and intentions of our clients and customers. We introduce you to our businesses and projects and the partners, sponsors, investors, advisors or consultants and regulators.
We prepare and provide an overview of events and initiatives with relevance for you and the most relevant stakeholders in the (business) ecosystem in the Sultanate of Oman.
The Sultanate of Oman is in a strategic location on the main trading route which connects Europe and Asia, and in the heart of a vast area stretching from East Africa to the southern border of Central Asia and has a lot of potential.
Oil is still regarded as the backbone of the country with the plan to diversify the sources of income and to empower the economy by attracting new investments that will help create jobs in other sectors such as agriculture, industry, mining, tourism and others.
The Oman Vision 2040 is based on three pillars consisting of people and society, economy and development as well as governance and institutional performance. It outlines and summarizes the intentions and provides an effective guide for the next decades.
The infrastructure in the country has been encouraging national, regional and international investment.
Find out moreOur network consists of subject matter experts and specialists as well as the most relevant stakeholders in the (business) ecosystem in the Sultanate of Oman.
We are interested to advance, enhance and improve the (business) ecosystem and to promote and support their activities and initiatives.
Find Out MoreArloopa Inc. is an augmented reality (AR) and virtual reality (VR) application and game development company. It delivers advanced AR and VR products and services including but not limited to cloud-based...
Find out moreThe Public Establishment for Industrial Estates (Madayn) and the Oman Indian Fertiliser Company (Omifco) recently signed an agreement to establish the Omifco Centre for Innovation and Entrepreneurship...
Find out moreSalalah Free Zone has signed five new land lease agreements worth a total investment of OMR 727 million (USD 1.88 billion) during the first half of 2023.
Furthermore, the free zone located in Dhofar...
Find out moreOman is inviting procurement targetting solar and wind capacity to secure at least 30 percent of its electricity from renewable sources...
Find out moreOman recently announced a major overhaul of the Sultanates labour laws as the government seeks to align its labour market with the Oman Vision 2040.{_blank}
The...
Find out moreOman`s Ministry of Heritage and Tourism{_blank} has approved 19 integrated tourism licences as the Sultanate progresses with plans to invest OMR 4.4 billion (USD 11.4 billion) in...
Find out moreOman’s first private cloud data centre has been launched in coordination with the Ministry of Transport, Communications and Information Technology (MTCIT).
Consequently [Oman based global integrated...
Find out moreOman`s Sohar Freezone has extended its competitive rates for businesses seeking to obtain a General Trade License (GTL). This initiative will drive growth by encouraging global enterprises to base themselves...
Find out moreOman`s Muscat Stock Exchange (MSX) is planning to list 35 state-owned enterprises over the next five years, with several oil companies expected to list this year.
Furthermore [recent interest in the...
Find out moreOman recorded a huge budget surplus of OMR 450 million (USD 1.17 billion) in the first quarter of 2023 according to data from the Ministry of Finance.
This compared to a surplus of OMR 357 million...
Find out moreOman`s Fund for Development of Youth Projects (Sharakah) recently signed a Memorandum of Understanding (MoU) with the World Business Angels Investment Forum (WBAF).
The economic cooperation agreement...
Find out moreSur Oasis Incubator in Sur Industrial City has welcomed its first cohort of entrepreneurs, innovators and inventors most recently.
The incubator accepted start-ups...
Find out moreOman 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...
Find out moreThe 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...
Find out moreOman`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...
Find out moreOman 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...
Find out moreMadayn, 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...
Find out moreThe 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...
Find out moreThe 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...
Find out moreOman’s Public Establishment for Industrial Estates{_blank} (Madayn) and H2 Industries recently signed a memorandum of understanding (MoU) to develop a waste-to-hydrogen...
Find out moreOman 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...
Find out moreSohar 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...
Find out moreThe 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...
Find out moreOman`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,...
Find out moreOman`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...
Find out moreOman 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...
Find out moreOman’s Public Authority for SME Development (Riyada) and other key stakeholders are continuing their support of small and medium enterprises (SMEs).
Riyada...
Find out moreThe 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...
Find out moreThe 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...
Find out moreThe 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...
Find out moreOman’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...
Find out moreSohar 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...
Find out moreThe 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...
Find out moreHis 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...
Find out moreThe country’s ecosystem for start-ups and scale-ups benefits from the investments in research, development and innovation....
Find out moreThe 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...
Find out moreThe Sultanate of Oman is diversifying its economy away from hydrocarbons to ensure more sustainable economic growth....
Find out moreDear 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...
Find out moreThe 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...
Find out moreOman`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...
Find out moreThe 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...
Find out moreInformation on the most recent developments in the (business) ecosytem in the Sultanate of Oman
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