MUSCAT : Acting in cooperation with Muscat Municipality, the Ministry of Commerce, Industry and Investment Promotion today launched the “Lease Contracts Service” via Oman Business Platform.

On the platform, the Ministry also launched the Financial Reports Service and the Interactive Guide Service for trade names.

The overall aim is to facilitate business activities and encourage investors to establish projects that support the national economy and enhance economic activity.

Undertaken in cooperation with relevant government and private establishments, the step will help improve the business environment and apply the best international practices.

The ceremony was held under the auspices of Sayyid Saud Hilal Al Busaidi, Governor of Muscat.

Dr. Saleh Said Masan, Undersecretary of the Ministry of Commerce, Industry and Investment Promotion for Commerce and Industry, said that the launch of the new services was in pursuance of action to implement a comprehensive digital transition initiative.

He pointed out that Oman Business Platform is linked to 48 government institutions, 32 of which provide access in the field of data exchange and 14 engage in licensing procedures.

For his part, Ahmed Mohammed Al Humaidi, Chairman of Muscat Municipality, said that the new services constitute a step forward in enhancing innovation and digitization in Oman’s business sector.

The ceremony was attended by Qais Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion, and officials from the Ministry, Muscat Municipality and the authorities concerned.

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