Foreign investors continue to boost confidence in Oman, as the Oman FDI growth trend reached impressive levels this year. Total foreign direct investment crossed RO 30.6 billion in the first quarter. This sharp rise marks a significant milestone in the country’s economic expansion.
During this period, FDI inflows reached RO 5.225 billion, rising from RO 4.111 billion in the same quarter last year. This steady increase highlights the strength of Oman’s foreign investment momentum and reflects growing long-term investor confidence.
The oil and gas extraction sector led the way. It attracted RO 24.7 billion in investments, with quarterly inflows of RO 4.812 billion. This sector alone accounted for 81 percent of all foreign direct investment, confirming its essential role in driving Oman FDI growth forward.
Meanwhile, the manufacturing sector followed with RO 2.749 billion in total investment. Inflows reached RO 592.3 million. This strong activity reflects a sustained belief in Oman’s industrial capabilities and supports the broader narrative of Oman FDI growth across key production sectors.
Financial intermediation received RO 1.3 billion in foreign capital, backed by inflows of RO 217.8 million. Additionally, the transport, storage, and communications sector reported RO 357.9 million in total investment. While inflows in this area were modest at RO 3.2 million, they still contribute to diversified Oman FDI growth.
However, some sectors recorded setbacks. Real estate, rental, and commercial services dropped to RO 653.1 million in total FDI, down 36.8 percent year-on-year. Electricity and water followed with RO 292 million, reflecting an 11 percent decline. These drops, while notable, do not slow the overall momentum of Oman FDI growth.
Trade received RO 262 million in investments and RO 14.5 million in inflows. Hotels and restaurants attracted RO 116.6 million, only slightly below the previous year. Construction brought in RO 88.5 million, though inflows declined by RO 4.9 million. Meanwhile, the “other activities” category contributed RO 89.9 million in total investment.
The United Kingdom remained Oman’s top foreign investor, providing RO 15.574 billion, or over 50 percent of total FDI. The United States came next with RO 7.824 billion, followed by Kuwait, China, the UAE, and Qatar, each adding strength to the Oman FDI growth story.
In conclusion, Oman FDI growth continues to serve as a key pillar of the country’s development. With sustained investment in oil, gas, manufacturing, and finance, Oman remains an attractive hub for global capital.
