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Al Wusta Governorate sees commercial and industrial boom in early 2026
๐Ÿ‡ด๐Ÿ‡ฒ Oman /Elections & Politics

Al Wusta Governorate sees commercial and industrial boom in early 2026

From Times of Oman · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • Al Wusta Governorate in Oman experienced significant growth in commercial, industrial, and investment sectors during the first quarter of 2026.
  • The number of registered commercial records surged by 233.3 percent, with Duqm and Mahout leading the expansion.
  • This growth is attributed to strategic projects, government facilities, and digital transformation initiatives supporting the business environment.

Al Wusta Governorate is experiencing a notable surge in commercial, industrial, and investment activities during the first quarter of 2026. Statistical data from the Ministry of Commerce, Industry and Investment Promotion reveals a 233.3 percent increase in new commercial records, bringing the total to 7,017.

Abdoon Mohammed Al Harsousi, Director of the Department of Commerce, Industry and Investment Promotion in Al Wusta, attributed this economic momentum to strategic projects, particularly within the Special Economic Zone at Duqm and its affiliated areas. He highlighted the effectiveness of government facilities and digital transformation in fostering a supportive business environment and creating opportunities for entrepreneurs, thereby advancing sustainable development.

The Wilayat of Duqm led the growth with 97 new commercial records, a 223.3 percent increase. The Wilayat of Mahout followed with 54 records and the highest growth rate at 315.4 percent. Al Jazer registered 29 records (190 percent growth), and Haima added 10 records (150 percent growth).

"Sole proprietorship company" was the most common legal form, with 77 records and a 220.8 percent growth rate. "Individual traders" saw a 318.8 percent increase with 67 records, and "limited liability companies" grew by 322.2 percent with 38 records. Seven home-based businesses and one street vending record were also established.

The "building and construction contracting" activity topped the list of licensed economic activities, with 195 licenses issued in the first quarter, a 457.1 percent increase from the previous year. This brings the cumulative total for this activity to 627 licenses. Overall, completed commercial licenses increased by 28.9 percent to 882 during the quarter, with a cumulative total of 6,189.

sole proprietorship company

โ€” Abdoon Mohammed Al HarsousiIdentifying the most common legal form for new companies.
DistantNews Editorial

Originally published by Times of Oman in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.