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Establishing
Program for Enhancing Business Environment Charts an Integrated Economic Path
Muscat, 22
Sep 2026 (ONA) — Anwar Hilal Al Jabri, Minister of Commerce, Industry and
Investment Promotion, emphasized that the Royal directives of His Majesty
Sultan Haitham bin Tarik to establish the National Programme for Enhancing an
Investment-Attractive Business Environment, alongside preparing a long-term
plan to enhance the growth of the non-oil trade balance, chart an integrated
economic path to boost the competitiveness of the Sultanate of Oman. The Royal
directives also consolidate Oman’s status as an attractive investment destination,
and expand the presence of Omani products in global markets.
Al Jabri
explained in a statement to Oman News Agency (ONA) that the upcoming phase will
focus on facilitating ease of doing business, raising procedural efficiency,
attracting qualitative investments, and developing non-oil exports while
opening new markets for them, thereby boosting the growth of the private sector
and the national productive base.
He
added that the Ministry of Commerce, Industry and Investment Promotion will
work, in partnership with relevant entities and the private sector, to translate
these Royal directives into executive tracks with tangible economic impact,
thereby supporting economic diversification and achieving the targets of Oman
Vision 2040.
—Ends/AG