Launch of Business Start Up Oman

Oman’s Sustainable Yiti City infrastructure near completion

Oman’s flagship sustainable development, The Sustainable City – Yiti, is on track to become the region’s first net-zero emissions city by 2040.

With 96% of its infrastructure works completed,...

Oman’s economy grows amid reform progress: IMF

Oman’s economy is demonstrating steady growth, supported by significant reforms under Oman Vision 2040, according to the International Monetary Fund (IMF).

In its End-of-Mission report following...

Omans Chamber Commerce signs MOUs to empower SMEs

Omans Chamber of Commerce and Industry (OCCI) recently signed three key memoranda of understanding (MOUs) in a strategic move to support the growth and sustainability of small and medium enterprises (SMES).

The...

Oman unveils shore power investment opportunities

Omans Sohar Port and Freezone recently revealed a strategic investment opportunity focused on the development of shore power infrastructure.

The Sohar Port and Freezones ...

Oman's Progress on Free Trade Agreement with Singapore

Oman has made significant strides in expanding its trade relationship with Singapore, increasing its exported products from 51 in 2000 to 135 in 2018. This growth underscores Oman’s commitment to becoming...

Oman’s SME sector growing with strong government support

Oman’s small and medium enterprise (SME) sector is experiencing significant growth with 141,126 registered SMEs at Q2 2024, as reported by the Authority for Small and Medium Enterprises Development....

Oman unveils 151 new investment opportunities

Oman`s Ministry of Housing and Urban Planning (MHUP) recently approved 151 new projects, in a bid to enhance economic growth and sectoral development. Announced on the Tatweer platform, these initiatives...

Oman Business Platform hits record transactions in H1 2024

Oman`s Business Platform facilitated a record 487,300 commercial transactions for the first half of 2024, figures from the Ministry of Commerce, Industry and Investment Promotion show.

During the first...