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أثير
Oman’s Strategy to Attract Foreign Wealth
Oman experienced an 8.7% increase in foreign direct investment (FDI) by the end of the first quarter of 2026, reaching over 32.2 billion Omani rials. This represents a 19.3% growth in the first quarter of 2024 compared to the same period in 2023. Investment policies and procedures have evolved significantly after the enactment of the Foreign Capital Investment Law in 2019, which allowed foreign investors to own up to 100% of projects and reduced capital requirements. These reforms were complemented by improvements in the business environment and the provision of various incentives and facilitation measures. Furthermore, the government focused on directing investments toward strategic sectors such as manufacturing, renewable energy, and logistics, supported by infrastructure development in economic zones and ports. A legal environment conducive to investment was also established through the creation of an Investment and Trade Court to safeguard investors’ rights. Oman's shift has moved from merely attracting capital to creating a sustainable economic impact. This is achieved by promoting employment, developing the value chain, and increasing exports, transforming investment into a key component of economic diversification and the "Made in Oman" initiative.
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