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Oman’s Digital Economy Set to Nearly Double by 2030 Driven by Tech, AI, and Infrastructure Growth

The Oman digital economy is set to nearly double its contribution by 2030, reflecting rapid growth and sector innovation. Recent reports presented to the Shura Council highlighted significant progress across technology, logistics, and infrastructure. Moreover, private investment continues to support startups and advanced sectors.

The space industry has gained momentum, with investments reaching OMR 74 million and 25 active companies currently operating. Key milestones include a test rocket launch from Duqm and the signing of the Omani satellite project. Meanwhile, private investment in artificial intelligence and advanced technologies has exceeded OMR 79 million, supporting 22 specialized startups.

Logistics and ports also performed strongly, with revenues increasing 17.4 percent by 2025. Cargo handling exceeded 143 million tonnes, while container throughput reached 5.1 million TEUs. Projections indicate the sector will attract OMR 3.3 billion in investment during the Tenth Five-Year Plan. In addition, Omanisation in logistics has risen to 21.6 percent, emphasizing the importance of local talent.

Government digitization has made significant strides, moving Oman to 41st place globally in the 2024 e-Government Development Index. The initiative simplified 3,166 services and digitized 2,277 permits, resulting in 48 million digital transactions by 2025—a 78 percent increase. The e-commerce market is projected to reach OMR 288 million by 2025, supported by over 14,000 business licenses. Financial technology also expanded rapidly, with non-cash transactions rising 703 percent and 10 payment system companies licensed.

Telecommunications coverage now reaches near-total saturation, with mobile broadband at 99 percent and fixed high-speed broadband at 100 percent through fiber, 5G, and satellite networks. Additionally, Oman has trained more than 11,000 national talents, with 69 percent of IT sector leadership positions held by Omanis.

Infrastructure development remains a priority, with strategic road projects valued at OMR 1.2 billion underway across multiple governorates. Over 60 projects focus on new routes and rehabilitating older ones. The Eleventh Five-Year Plan will complete ongoing projects, and land transport authorities expect revenues to grow 18 percent in 2025 as public bus riders exceed five million.

The Oman digital economy demonstrates a strong trajectory, attracting both local and foreign investment while generating new jobs and strengthening technological capabilities. The sector’s growth signals a transformative shift in Oman’s economy, positioning it for long-term competitiveness.

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