Innovation in design is creating Omani
products that are capturing the consumers’
attention at home and internationally.
Omani non-oil exports reached US$11.4 billion
in July 2022 an 81% jump on 2021.
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Taking advantage of trade routes between Asia, Europe and Africa, Oman’s investment in infrastructure has cemented its position as a leading logistics hub and gateway to some of the world’s largest and affluent markets.
Oman is one of the largest fish producers in the GCC and a net exporter of fish and fish products. Investing US$1.3 billion in fisheries development, Omani aquaculture is expected to contribute US$5.2 billion to GDP by 2040.
With the goal of achieving self-sufficiency and food security the government established Nitaj (Oman Food Investment Holding Company) to develop, invest in and boost agricultural production and food processing.
Oman enjoys 320 sunny days annually and high-intensity sunlight with a range of 5,500 to 6,000 watt hours per m2 a day and up to 50,000 square kilometres available for solar and wind energy projects.
As one of the world’s largest gypsum exporters by weight, Oman’s mineral resources are still relatively untapped, with substantial deposits of copper, lead, zinc and gold waiting to be unearthed.
Investor interest in Oman’s private primary, secondary and higher education has been strong, mainly due to the availability of infrastructure, land and financial support offered by government as well as demand from a growing Omani middle class.
Oman welcomed 2.9 million visitors in 2022 an increase of 348% on 2021. The government aims to earn over US$22.5 billion a year from tourism by 2040 up from US$3.1 billion in 2019.
Invest Easy is a comprehensive suite of e-services that provides the business community with a single window to interact with the government.
Oman Business Forum (OBF) is an initiative developed specifically for graduates of the various National Leadership Programs organized by the Royal Academy of Management.
Invest Oman Lounge is dedicated to driving and facilitating investments into Oman, connecting investors with the many benefits offered by our pro-enterprise culture.
Oman’s various free trade agreements give businesses access to over 750 million consumers worldwide.
In 2022, Oman’s non-oil exports reached US$19.1 billion up 41% on 2021.
As of January 2023, 270,440 Omanis are employed in the private sector, an increase of 6.7% on January 2022.
The number of registered SMEs increased to 66,769 in January 2023 a jump of 35% in January 2022.
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Ministry of Commerce, Industry & Investment Promotion, PO Box 550, Muscat 100, Sultanate of Oman.