Ministry completes than 85,000 business transactions

Muscat: More than 85,000 transactions have been completed by the Ministry of Commerce, Industry and Investment Promotion  in  2020

A statement issued online by Oman News Agency (ONA), said : The number of transactions completed by the Ministry of Commerce, Industry and Investment Promotion that were submitted through the "Invest Easy" electronic portal in 2020  amounted to about 85,665. The ministry explained that the transactions consisted of 17,226 new transactions, 64,424 updated transactions, 4,015 canceled transactions.

The Ministry indicated :"that directing investors to conduct their transactions by using the electronic self-services provided through the electronic portal "Invest Easy" contributes to the speed of completion of transactions, achieving clarity in procedures, and the possibility of updating all company data electronically. It also saves time and effort and limits hidden trade operations. In addition, the online portal contributes to making the Sultanate a suitable environment for conducting various commercial and investment businesses.