Wholesale and retail GDP hits 1.735bn Omani rials in early 2026

Data released by the National Center for Statistics and Information in the Sultanate of Oman highlighted significant growth in the wholesale and retail trade sector during the first half of 2026, with the sector’s gross domestic product (GDP) increasing by 5% to approximately 1.735 billion Omani rials compared to the same period in 2025. Additionally, re-exports saw a remarkable rise of 13.6%, reaching a value of nearly 1.14 billion rials, reflecting the Sultanate’s growing role in regional and international trade, capitalizing on its strategic location and modern logistical infrastructure. The Ministry of Commerce and Industry is working to enhance the business environment through streamlining procedures, digitalizing services, and developing regulations, aiming to attract high-quality investments and achieve sustainable economic growth. The 9.7% increase in foreign investment highlights the attractiveness of the Omani market as an investment destination, with a focus on boosting exports and re-exports to further diversify the economy.