Oman business activity gained momentum during the first half of 2026. The wholesale and retail sector recorded stronger economic performance during the period. Its gross domestic product reached 1.74 billion Omani rials, equal to about $4.5 billion. The sector also recorded 5 percent growth, highlighting stronger commercial activity across the country.
Foreign investment in commercial activities also increased during the first half. Investment rose 9.7 percent to approximately 305.3 million Omani rials. Meanwhile, re-exports increased 13.6 percent to about 1.14 billion rials. Together, these figures point to stronger activity across Oman’s trade and commercial sectors.
Several factors continue to support this expansion across Oman. The country benefits from its location along important regional trade routes. It also has ports, airports and land crossings that support international commerce. Furthermore, Oman continues to develop its transport and logistics infrastructure.
Shipping disruptions across the Gulf have increased attention on alternative trade routes. As a result, Oman’s strategic location has gained greater importance for regional commerce. Its transport network can provide businesses with additional options for moving goods. This position could support further growth in trade and logistics.
The latest figures also align with the goals of Oman Vision 2040. The national strategy seeks to reduce the economy’s reliance on hydrocarbons. It also aims to develop logistics, trade and other non-oil industries. Therefore, stronger commercial activity supports the country’s wider economic diversification plans.
Government authorities continue working to improve the business environment for investors and traders. They are focusing on smoother movement of goods through border points. They also aim to simplify import, export and re-export procedures. In addition, authorities are improving coordination between government services and private businesses.
Digital services form another important part of these efforts. Authorities are working to expand digital services for businesses and investors. They are also simplifying procedures through the Oman Business Platform. These changes can reduce the time and effort required for commercial transactions.
At the same time, officials are working with private companies to address challenges facing traders. Better coordination can help exporters manage operational difficulties more efficiently. It can also improve connections between government services and businesses. Consequently, these measures could strengthen trade efficiency and improve market access.
Foreign investment remains an important part of Oman’s commercial development strategy. The latest increase suggests continued interest in opportunities across the sector. Authorities want to attract investments that can create long-term economic value. They also seek to connect investors with available opportunities across the country.
Economic zones can further support these investment goals across Oman. The country has free zones and industrial areas that offer opportunities for investors. These areas also connect with transport and logistics networks. Together, they can support companies serving regional and international markets.
The government also continues to improve regulations affecting traders and investors. Authorities are reviewing procedures to make commercial activity more efficient. They are also expanding digital services where possible. Such improvements can make the operating environment more attractive for businesses.
Oman business growth therefore extends beyond wholesale and retail activity. Rising re-exports and foreign investment also support the wider trade sector. Meanwhile, logistics development continues to strengthen Oman’s regional position. These trends support the country’s broader efforts to diversify its economy.
The latest data shows growing activity across several important commercial areas. Retail and wholesale businesses contributed to stronger economic output during the period. Foreign investors also increased their participation in commercial activities. At the same time, re-exports recorded strong double-digit growth.
Oman business activity could gain further support from continued infrastructure development. Stronger logistics connections can help businesses reach nearby regional markets. Improved digital services can also simplify commercial operations. Together, these factors may help Oman attract additional investment and trade.
The government’s ongoing reforms remain focused on competitiveness, efficiency and investment support. Authorities want to create a more flexible environment for investors and traders. They also aim to strengthen Oman’s connections with regional and global markets. These efforts form an important part of the country’s long-term economic development strategy.
