Oman Accelerates Digital Transformation and Investment Growth Under MoCIIP Strategy

Oman is intensifying its national digital transformation efforts through the Ministry of Commerce, Industry and Investment Promotion (MoCIIP), advancing e-government services, boosting foreign investment, and simplifying business procedures to attract diverse, high-value projects. As the nation transitions toward a knowledge-based economy under Vision 2040, Oman’s digital strategies now span human capital development, infrastructure modernization, regulatory trust frameworks, and expanded e-services.

By Q3 2025, commercial registrations reached 395,100, with foreign investment registrations hitting 70,900. Foreign direct investment climbed to RO 30.279 billion—up 12.8% from 2024—while trade volumes reached RO 26.7 billion. Manufacturing contributed RO 1.965 billion to GDP, representing nearly 9.5% of the economy and employing over 240,000 workers.

Digital transformation has significantly accelerated: 76.5% of MoCIIP’s services are now digital, 89% of commercial licenses are issued automatically, and more than 2.8 million transactions have been completed on the unified Oman Business Platform. Integration across 17 government entities and 35 data-exchange partners enables investors to complete processes in a seamless digital ecosystem.

Investment facilitation continues to advance through initiatives such as the “Invest in Oman” Hall, new e-services (digital lease contracts, financial reports, interactive trade-name directory), reduced fees for foreign investors, and expanded incentives. The Golden Visa Program has issued over 3,400 long-term residencies, further strengthening Oman’s appeal as an investment destination.

Non-oil exports remain a national priority, rising 8.6% in Q1 2025 to reach RO 1.618 billion, supported by government programs that promote the “Made in Oman” brand, international trade participation, and SME involvement in global markets. Ongoing initiatives—including the National E-Commerce Plan, Smart Production Factories Project, and national standards and metrology reforms—are building a modern, competitive industrial landscape aligned with global benchmarks.

Oman’s strategic focus on digitalisation, industrial innovation, foreign investment promotion, and SME empowerment signals a robust environment for businesses seeking scalable, long-term opportunities in one of the region’s most dynamic, reform-driven markets.