Oman accelerates economic growth through a broad digital transformation in the Oman initiative. The Ministry of Commerce, Industry, and Investment Promotion leads the effort, aiming to modernize business procedures and improve the investment climate. Additionally, the program facilitates project approvals, and officials emphasize that digital transformation in Oman strengthens the national economy.
The government invests heavily in infrastructure, human capital, and e-government solutions. As a result, by the end of the third quarter, commercial registrations reached 395,100. Furthermore, businesses completed 75,663 transactions through the Oman Business Platform. Entrepreneurs submitted 8,323 company liquidation applications and 257,035 cancellation requests, demonstrating growing commercial activity.
Investors registered 70,900 foreign investment projects, while governorates issued 108,800 industrial licenses. Moreover, foreign direct investment climbed to RO 30.28 billion by mid-2025, marking a 12.8 percent increase. The manufacturing sector attracted RO 2.7 billion in FDI and contributed RO 1.97 billion to GDP. Overall trade exchange totaled RO 26.7 billion, including RO 15.3 billion from exports, with RO 4.4 billion from non-oil sectors.
The Ministry integrated 17 government agencies and exchanged data with 35 others through the Oman Business Platform. Consequently, by the end of 2024, 76.5 percent of services had been fully digitized. Additionally, 89 percent of commercial activities received automatic licenses. Investors now access services seamlessly through the Invest in Oman hall, which unites 14 government agencies and six private entities.
Export initiatives under digital transformation in Oman support SMEs. For example, non-oil exports reached RO 1.618 billion in Q1 2025, up 8.6 percent year-on-year. Advantage Oman roundtables attracted investment from Belgium, Russia, India, Canada, and Indonesia. Officials plan additional events in Türkiye and South Africa to target priority sectors and further expand trade opportunities.
The Golden Visa Program strengthens Oman’s position as a long-term investment hub. By September 2025, authorities issued 2,593 ten-year visas, 815 five-year visas, and five retiree residency permits. Moreover, the Ministry manages standards, smart factory projects, and a national e-commerce plan, achieving 75 percent of the plan’s targets across eight pillars.
Digital transformation in Oman also drives Omanisation and job growth. By Q1 2025, 10,891 Omanis worked in construction, manufacturing, and trade sectors. Citizens completed roughly 813,000 electronic transactions through 924 Sanad Service Centers in the first ten months. Therefore, officials expect the program to continue attracting investment, boosting trade, and enhancing the Sultanate’s global competitiveness.
