Economy
Long Term Residency on The Cards For Expat Investors In Oman
Muscat: The Ministry of Commerce and Industry and Investment Promotion (MOCIIP) has announced that it will provide incentives such as long-term residency for expatriates, to stimulate the overall business and investment environment in the Sultanate.
According to an official statement, “Ministry of Commerce, Industry and Investment Promotion (MOCIIP) announce an Investors’ Residency Programme aimed at backing up the investment environment in the Sultanate and enticing typical investments, creating job opportunities, and supporting the domestic economy with feasible projects compatible with Oman Vision 2040 goals.”
The activation of the Investor Residence program will start in September 2021 by submitting a request to benefit from the program through the Ministry’s Investment Services Centre, electronically, after completing all the procedures related to the project.
The duration of the residency may be extended with adherence to the procedures and regulations stipulated for this policy.
OP-ED: Why The Stronger Dollar Matters For Oman As Global Markets Reprice Risk
FSA Advances Oman’s Sustainability Disclosure Roadmap Ahead Of 2029 Mandate
HM The Sultan Gives Audience to Iran’s Speaker of Parliament
Oman’s Aviation Future Begins: 100kg Medical Drone Trial Marks Major AAM Milestone
Iran-U.S. Talks Progress in Switzerland: 60-Day Roadmap Ahead
Opinion: Why Luxury Brands Continue to Prioritise the Middle East
Sohar Islamic Launches Exclusive Infinite Credit Card for HNWIs in Oman
Why Are Tech Stocks Rising Again – And Is It Too Late To Invest In Them?
Crowdfunding Raises OMR29.5M Towards 355 Projects In 2025
Oman Records OMR1.54 Billion Trade Surplus In Q1 2026 Despite Lower Oil And Gas Exports
Power And Beyond: The Path To A Low-carbon Future
Al Mouj Muscat unveils Ghadeer Villas
Time to Buy Saudi Stocks? Some Investors Look at Dubai Instead
Hospitality Industry in Oman Estimated 90% Growth in 2022
Renewables are booming, but not fast enough to cap greenhouse emissions
Retail Abu Dhabi’s ‘Unbox Amazing’ generates sales of more than AED 2 billion in participating stores
Saudis Sign Deals From Energy to Metals in Bid to Salvage Forum
Saudi Arabia’s Gold Miner Plans to Be a Global Top-20 Supplier
Technology to drive Sultanate’s downstream industry
Digitization and Logistics Service Providers Can Help SMEs Make the Most of Peak Season Retail Trends
VIDEO: Robert MacLean on how NHI is Shaping Oman’s Next Generation of Hospitality Leaders
The Future of Oman: Decoding The Sultanate of Oman’s Strategic Promotional Nation Brand
EXCLUSIVE: AI, Robotics & Wearable Sensors are Changing the Lives of Dementia Patients
EXCLUSIVE: Talking Renewable Projects & Sustainability in Oman and Beyond with Vipul Tuli
VIDEO: Eng. Salim Al Thuhli, CEO, Khazaen Economic City on Investment Opportunities
H.E. Salim Al Aufi, Minister of Energy & Minerals talks about Oman’s Green Hydrogen Goals
VIDEO: Talking Latest Developments in Aircraft Ground Guidance & More at Oman Airports
VIDEO: Dr. Firas Al-Abduwani Discusses Green Hydrogen, Potential Regions for Development & Creating a Green Ecosystem
VIDEO: Discussing The Future of Green Hydrogen in Oman with H.E. Salim Al Aufi
Celebrating Infoline’s Remarkable 20-Year Journey
-
Economy2 weeks agoOMIFCO IPO: Price, Dividends, Subscription Dates and Listing – Here’s Everything You Need to Know
-
Economy2 months agoNumber of Workers in GCC Countries Increase From 2021 to 2025
-
Economy2 months agoElectricity Tariffs Reduced for Residential Use – What It Means for You
-
Magazines2 months agoOER Magazine April 2026 Issue
-
Oman2 months agoREVIEW: WHOOP and the Rise of Performance Luxury
-
Lifestyle2 months agoAP x Swatch Royal Pop: A Rule-Breaking Collaboration That Takes the Royal Oak Off the Wrist
-
News2 months agoANALYSIS: Oil Slips As Peace Hopes Reprice Middle East Risk, But Supply Tightness Keeps Market On Edge
-
Banking & Finance2 months agoTariq Atiq Appointed as CEO of Bank Nizwa