MUSCAT : During the first half of 2024, a remarkable 247 new licenses for economic activities were issued, demonstrating the region’s growing appeal as a prime location for growth and development.
Various sectors experienced significant growth, with public services, environmental licenses, and building permits leading the way. The SEZAD’s commitment to facilitating its services to all beneficiaries has played a crucial role in attracting investors.
Key investment indicators for the period include:
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- Alizz Islamic Bank awarded by World Union of Arab Banks ‘Best Transformation in Islamic Banking in Oman 2026’
- Omani Brand AMTUR Gold & Diamonds expands to Qatar with opening of 14th branch
- Development Bank Sustainability expert joins Duqm Summer Podcast Series
- Oman refinery output falls 3.7% to 129 million barrels
- GCC stock trading rises 19.5% as markets record $618 billion in deals
- 355 public service licenses
- 68 commercial records
- 455 building permits
- 87 environmental licenses
- More than 900 work permits
The SEZAD’s thriving business environment, coupled with its strategic location and supportive infrastructure, has made it a preferred destination for investors seeking to capitalize on the region’s economic potential.
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