Commercial registrations in Al Wusta Governorate reach 7,000

The Al Wusta Governorate in Oman is experiencing a surge in commercial activity, with the number of active registrations nearing 7,000. This growth reflects a robust demand from business owners, small and medium enterprise (SME) owners, and entrepreneurs eager to establish promising investment projects within the region.

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Active commercial registrations in the governorate are witnessing rapid growth amid strong demand from business owners, small and medium enterprise (SME) owners, and entrepreneurs to establish promising investment projects.

Abdulrahim Zayed Al Junaibi, Director of the Oman Chamber of Commerce and Industry (OCCI) branch in Al Wusta Governorate, highlighted this trend, stating that the figures signify continuous economic expansion and growing investor confidence in the governorate's opportunities. The OCCI branch plays a pivotal role in stimulating this economic, investment, and commercial activity through various programs and initiatives designed to support business owners and investors.

To further enhance the business environment, the OCCI branch implements several key initiatives. These include the Duqm Forum, which focuses on different economic sectors like smart cities and the blue economy, bringing together experts to share knowledge and open new business horizons. Additionally, the Entrepreneurship Forum, now in its third edition, addresses modern topics such as artificial intelligence and digital transformation, providing a platform for innovators to showcase their projects and connect with support entities.

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This reflects continuous growth in economic activity in the governorate and confirms the growing confidence of investors and business owners in the promising investment opportunities provided by the governorate across various sectors.

The branch also organizes the Investment Opportunities Forum in Al Wusta Governorate in collaboration with government bodies and holds regular meetings with business owners to address their challenges. Furthermore, numerous workshops and training programs are conducted in fields like marketing, tourism, and industrial entrepreneurship, aimed at developing entrepreneurs' capabilities and fostering a culture of innovation. Trade delegations and visits, such as the recent one to Tanzania, are also organized to strengthen economic ties and explore new markets.

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Most notable among these is organising the Duqm Forum, which is dedicated in each edition to a different economic sector, such as smart cities and the blue economy, with the participation of experts and specialists from within the Sultanate of Oman and abroad, aiming to transfer knowledge and open new horizons for business owners.