MUSCAT: The Ministry of Commerce, Industry and Investment Promotion (MoCIIP) will organise on Sunday, August 31, 2025, an event titled ‘Sustainable Business Environment’ at the Sultan Qaboos Youth Complex for Culture and Recreation.
The event will be held under the auspices of HH Sayyid Marwan bin Turki al Said, Governor of Dhofar, with the attendance of Qais bin Mohammed al Yousef, Minister of Commerce, Industry and Investment Promotion, alongside dignitaries, investors and officials from both the public and private sectors.
The event will witness the launch of the Golden Residency Programme for investors, creating a new gateway for investors and their families to settle and grow in a safe, stable and opportunity-rich environment. It will also mark the launch of the Elite Companies Initiative, designed to empower high-performing Omani companies to expand locally and globally through a comprehensive package of incentives and facilities.
In addition, the Commercial Registration (CR) Transfer Service will be inaugurated on the Oman Business Platform using electronic authentication, representing a pioneering step towards digitising all business transactions, reducing both time and costs for investors.
The Sustainable Business Environment event will further include the signing of strategic cooperation agreements to develop the construction sector with Sultan Qaboos University, the German University of Technology in Oman (GUtech), the Oman Energy Association (OPAL) and eBinaa Professional Services LLC.
Mubarak bin Mohammed al Dohani, Director-General of Planning at the ministry, Head of the Digital Transformation Team, and the ministry’s official spokesperson, affirmed, “Through these initiatives and agreements, the ministry seeks to reinforce Oman’s position as a leading global investment destination by providing a stable and attractive business environment that offers investors quality opportunities for long-term growth and settlement. The initiatives aim to empower high-performing Omani companies to expand into regional and international markets and strengthen their competitiveness, while also accelerating digital transformation in business processes to enhance efficiency and transparency. At the same time, the ministry is committed to developing the construction sector according to modern and sustainable standards, promoting integration with academic institutions and the private sector to prepare national talent and support innovation. In doing so, the MoCIIP translates the goals of Oman Vision 2040 to build a diversified, knowledge-based and innovation-driven economy that keeps pace with global changes and enhances Oman’s standing on the international investment map.”
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