Inspire
Oman 2026 Underscores Oman’s Investment Attractiveness

Muscat,
14 Oct 2026 (ONA) — The Inspire Oman Summit 2026 for investors was held today
in strategic partnership with Oman Chamber of Commerce and Industry (OCCI) and
organized by Mefriend under the theme “Where Vision Meets
Investment.”

The
summit was held under the auspices of HH Sayyid Mohammed Salim Al Said, in the
presence of Faisal Abdullah Al Rowas, Chairman of the Board of Directors of Oman
Chamber of Commerce and Industry.

The
Inspire Oman summit aimed to highlight the successes of foreign investors in
the Sultanate of Oman, as several investors who achieved success in the
Sultanate of Oman and those who promote investment opportunities for the Sultanate
of Oman were honored.

The
summit discussed the importance of enhancing the Sultanate of Oman’s standing
as an investment destination and transforming economic assets and promising
opportunities into qualitative projects and partnerships that support economic
diversification and raise the private sector’s contribution to development.

The
summit witnessed the signing of a Memorandum of Understanding between
“Hotpack” company and “Sea Pride” company in the field of
packaging. New investments were also announced across a number of economic
sectors in the Sultanate of Oman, as “Premium Global” Group announced
the establishment of a topping refinery and management and processing of oil
waste in the Special Economic Zone at Duqm valued at USD 10 million.

Meanwhile,
“E. M. Badrudeen & Partners” company announced the establishment
of a new engineering and manufacturing facility, “Avenzo Pharma”
company announced its investment in pharmaceutical manufacturing in Khazaen
Economic City, and “Al Faddan” company launched the “Bianca
Luxury” project in Khazaen Economic City.

Faisal
Abdullah Al Rowas, Chairman of the Board of Directors of the Oman Chamber of
Commerce and Industry, stated that the “Inspire Oman Investors Summit
2026” brings together investors and business leaders, reflecting the
importance of strengthening economic relations, exploring investment
opportunities, and building mutually beneficial partnerships. He noted that
rapid transformations in the global economy, accompanied by changes in supply
chains, growing interest in energy and food security, and advancements in
technology and industry, reinforce the importance of investment destinations
that offer stability, competitiveness, and access to regional and international
markets.

Al
Rowas added that the attractiveness of investment in the Sultanate of Oman is
enhanced through its commitment to economic diversification within the
framework of “Oman Vision 2040,” and its continued development of the
legislative and regulatory framework, streamlining of procedures, and expansion
of digital services, thereby creating an environment supportive of business
growth and offering diverse opportunities for investors in productive and
service sectors.

For
his part, Shri Prashant Pise, Ambassador of the Republic of India to the
Sultanate of Oman, affirmed that Omani-Indian economic relations rest upon
firmly established historical trade ties and common interests, as well as the
significant capabilities possessed by both countries to enhance cooperation in
priority sectors.

He
explained that the diversity of opportunities available in economic sectors
provides broad scope for Indian and Omani companies to develop joint projects,
leverage mutual expertise and capabilities, and enhance their presence in
regional and international markets. The Ambassador also emphasized that the
Comprehensive Economic Partnership Agreement (CEPA) between the Sultanate of
Oman and the Republic of India represents an important opportunity to elevate
commercial and investment relations between the two countries.

For
his part, Abdul Latif Khunji, Board Member of the Oman Chamber of Commerce and
Industry and Chairman of the Foreign Investment Committee at the Chamber, said
that the “Inspire Oman Investors Summit 2026” represents an important
platform for exchanging expertise and successful investment experiences,
reviewing promising opportunities in various economic sectors, and enhancing
communication between investors and business owners.

He
noted that the Sultanate of Oman possesses a set of capabilities that support
its investment attractiveness, including its strategic geographic location,
infrastructure, transport and logistics networks, alongside the capabilities
provided by economic and free zones that support business, production, and
exports.

The
summit featured a number of panel discussions that addressed entrepreneurial
experiences, commercial and investment opportunities, investment prospects in
the circular economy, energy efficiency, and converting environmental solutions
into scalable economic opportunities. It also discussed investment and
commercial opportunities in the fisheries sector. The summit proceedings also
covered artificial intelligence applications in business and innovation, their
role in developing operating models, elevating efficiency, and enhancing
competitiveness, alongside reviewing opportunities provided by modern
technologies to develop institutions and open new avenues for growth.

—Ends/AG