Al Dhahirah Governorate gains economic traction amid surging investment, industrial growth

Al Dhahirah Governorate is solidifying its status as a key economic hub in Oman, fueled by a surge in investment and robust commercial and industrial expansion. This growth aligns with the Sultanate's broader strategy for economic diversification and improving the ease of doing business.

The region has seen notable progress across its trade, services, and investment sectors, bolstered by essential infrastructure and regional development projects. These advancements are crucial for strengthening Al Dhahirah's contribution to sustainable economic development and broadening Oman's income streams.

Statistical data for the first quarter of the current year highlights a substantial increase in new commercial registrations, jumping by 49.5% to 139 compared to 93 in the same period last year. This brings the total cumulative commercial registers to 10,234. Saleh Said Al Musalhi, Director of Commerce, Industry and Investment Promotion in Al Dhahirah, noted that these figures reflect growing investor confidence and the success of efforts to enhance services and simplify procedures for entrepreneurs.

Within the governorate's districts, Ibri leads with 114 new commercial registers, a 46.2% increase. Dhank showed the highest growth rate at 116.7% with 13 new registers, while Yanqul added 12. The industrial sector also saw significant activity, with 318 completed industrial licenses issued, Ibri accounting for 253. Investment projects are diverse, spanning oil and gas, building materials, logistics, and various manufacturing and food industries. Notably, the renewable energy sector is expanding, with 453 registered records, and construction and building contracting remains the most licensed activity, with 179 new licenses representing a 77.2% growth.

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These indicators reflect growing confidence in the governorate’s investment environment, as well as ongoing efforts to enhance services and facilitate procedures for investors and entrepreneurs. This, in turn, contributes to boosting economic activity and attracting further investment projects.