Ministry eases norms to facilitate investment in Oman

To create a competitive and attractive business environment, the Ministry of Commerce, Industry and Investment Promotion MoCIIP, issued a decision for simplifying investment procedures for investors.

The ministerial decision no. (361/2023) stipulates that the Investment Services Centre at the Ministry of Commerce, Industry and Investment Promotion, through the Invest Oman Lounge, affiliated with the Investment Services Centre, will undertake the processes of completing all investor procedures smoothly to issue necessary approvals, Permits and licenses for investment projects, and provide necessary data and information for that.