Ministry of Commerce, Industry, and Investment Promotion
- Company typePrivate
- Founded2017
- HeadquartersMuscat, Oman
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
Ministry of Commerce, Industry, and Investment Promotion firmographics
Firmographics- Name
- Ministry of Commerce, Industry, and Investment Promotion
- Legal name
- Ministry of Commerce, Industry and Investment Promotion
- Website
- https://tejarah.gov.om
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Ownership category
- akta.pro rank
Ministry of Commerce, Industry, and Investment Promotion industry classification
Industry- Product category
- Government Trade and Investment Promotion Services
- NAICS
- Executive, Legislative, and Other General Government Support (921), Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors (92615)
- SIC
- International Affairs (9721)
- akta.pro primary industry
- Investment Promotion & FDI Facilitation (BPADAMAD)
Keywords
Where Ministry of Commerce, Industry, and Investment Promotion is headquartered
LocationHeadquarters
- HQ city
- Muscat
- HQ country
- Oman
- HQ region
- Middle East
Offices1 record
Markets served
Ministry of Commerce, Industry, and Investment Promotion business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others
Distribution channels4 records
Marketing channels4 records
Ministry of Commerce, Industry, and Investment Promotion product offering
Product offeringCore offering
The Ministry of Commerce, Industry, and Investment Promotion is the government body of the Sultanate of Oman responsible for regulating commerce, industry, and investment promotion. It delivers services through an integrated ecosystem of nine digital platforms and a nationwide network of Sanad Service Centers, covering the full business lifecycle from company establishment, licensing, and annual reporting to investor residency, product safety certification, export promotion, and trade facilitation under the Oman Vision 2040 framework.
Product overview
The Ministry operates a platform-plus-modules architecture consisting of multiple interconnected digital platforms serving businesses and investors. The central hub is the Oman Business Platform for company registration, licensing, and compliance. Supporting platforms include Invest OMAN (investment gateway), Investor Residence Platform (residency permits), Hazm Platform (product safety certification), Maroof Oman (product credibility ratings), Oman Exports Platform (export support), Made in Oman (national product identity), Oman Business Forum (networking), and Sanad Services Centers (physical service centers). Together, these platforms provide an integrated ecosystem for commerce, industry, investment promotion, standards compliance, and economic development across Oman.
Differentiator
Problem solved
Functional benefit
Products and services
- Oman Business Platform A platform of e-services that provides the business community with a single window to interact with the government, covering the full business lifecycle from establishing a new company and licensing activities to submitting annual reports.
- Invest OMAN
- Investor Residence Platform
- Hazm Platform
- Maroof Oman
- Oman Exports Platform
- Sanad Services Center
- Oman Business Forum
- Made in Oman
Quantifiable outcome
- 827,129 transactions completed through Oman Business Platform in 2024 (15.1% increase YoY)
- +2 more outcomes
Companies that use Ministry of Commerce, Industry, and Investment Promotion
Customer profileSegments4 records
Ideal customer profiles3 records
Ministry of Commerce, Industry, and Investment Promotion technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Ministry of Commerce, Industry, and Investment Promotion partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered major and core.
- World BankmajorInternational financial institution providing development expertise, economic research, and technical assistance supporting Oman's economic diversification initiatives under Oman Vision 2040.
- Oman Vision 2040coreNational strategic framework guiding Oman's economic development and diversification goals that the Ministry implements through its policies and services.
- Oman Chamber of CommercecorePrimary business association representing Omani commercial interests, collaborating on business support and trade promotion activities.
- OPAZ (Oman Port and Free Zones)majorAuthority overseeing ports and free zones in Oman, collaborating on logistics and industrial investment opportunities in strategic locations like Sohar and Duqm.
- ROP (Royal Oman Police)majorGovernment entity handling immigration and residency matters, collaborating on investor visa programs and residency permit services.
- WIPO (World Intellectual Property Organization)majorUnited Nations agency for intellectual property, supporting Oman's industrial property rights framework and copyright protection systems.
- WTO (World Trade Organization)majorInternational trade organization supporting Oman's trade policies, export promotion, and compliance with global trade standards.
- Ministry of LabourcoreGovernment ministry overseeing labor regulations, workforce development, and employment policies affecting business operations in Oman.
Scale indicators4 records
Recent moves8 records
Expansion highlights5 records
Ministry of Commerce, Industry, and Investment Promotion competitors and assessment
Company assessmentDirect peers
- UAE Ministry of Economy: UAE federal ministry responsible for economic policy, foreign investment attraction, and commercial regulation. Most direct functional peer to MoCIIP within the GCC, with parallel mandates across investment promotion, commercial licensing, and trade policy.
- Saudi Arabia Ministry of Investment (MISA): Saudi Arabia's national investment promotion authority, issuing investment licenses and servicing foreign investors end-to-end. Closest like-for-like peer in investment promotion function, though operating at a much larger scale under Vision 2030.
- Bahrain Ministry of Industry and Commerce: Bahraini ministry overseeing commercial registration, industrial licensing, and investment. Functionally equivalent to MoCIIP within a smaller GCC economy.
- Saudi Arabia Ministry of Commerce: Handles commercial registration, company law, and trade regulation in Saudi Arabia. Directly comparable to MoCIIP's commerce and industry oversight role, with similar e-service platforms such as Meras and Business Center.
- Qatar Ministry of Commerce and Industry: Qatari ministry with near-identical remit covering commerce, industry, investment, and commercial registration. Direct peer in scale and GCC geography.
- Kuwait Ministry of Commerce and Industry: Kuwaiti counterpart handling commercial law, company registration, and industrial regulation. Direct peer with similar single-window e-service orientation.
Regional players
- Jordan Ministry of Industry, Trade and Supply: Jordanian ministry overseeing industrial licensing, trade policy, and commercial regulation. Comparable mandate at smaller scale, also serving as MENA gateway.
- Abu Dhabi Department of Economic Development (ADDED): Abu Dhabi's economic regulator driving business licensing, investment promotion, and economic diversification. Operates at emirate rather than federal level, but with overlapping investment promotion and licensing functions comparable to MoCIIP.
- Dubai Department of Economy and Tourism (DET): Dubai's economic and tourism authority supporting business setup and investment promotion. Comparable to MoCIIP's investor-facing role but focused on Dubai's distinct commercial ecosystem.
- Egypt Ministry of Trade and Industry: Egyptian ministry responsible for industrial development, trade policy, and investment facilitation. Direct peer in mandate, operating in a larger but also more challenging MENA market.
Market position
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Ministry of Commerce, Industry, and Investment Promotion social profiles
Digital presenceMinistry of Commerce, Industry, and Investment Promotion financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ministry of Commerce, Industry, and Investment Promotion leadership team
Management profileNumber of profiles
Profiles15 records
Ministry of Commerce, Industry, and Investment Promotion funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ministry of Commerce, Industry, and Investment Promotion M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ministry of Commerce, Industry, and Investment Promotion
What does Ministry of Commerce, Industry, and Investment Promotion do?
The Ministry of Commerce, Industry, and Investment Promotion is the government body of the Sultanate of Oman responsible for regulating commerce, industry, and investment promotion. It delivers services through an integrated ecosystem of nine digital platforms and a nationwide network of Sanad Service Centers, covering the full business lifecycle from company establishment, licensing, and annual reporting to investor residency, product safety certification, export promotion, and trade facilitation under the Oman Vision 2040 framework.
Is Ministry of Commerce, Industry, and Investment Promotion a public or private company?
Ministry of Commerce, Industry, and Investment Promotion is a private company. It is classified as state government owned and is currently operating.
When was Ministry of Commerce, Industry, and Investment Promotion founded?
Ministry of Commerce, Industry, and Investment Promotion was founded in 2017. It employs 501 to 1,000 people.
Where is Ministry of Commerce, Industry, and Investment Promotion based?
Ministry of Commerce, Industry, and Investment Promotion is headquartered in Muscat, Oman, in the Middle East region.
Who are Ministry of Commerce, Industry, and Investment Promotion's main competitors?
Direct peers on record are UAE Ministry of Economy, Saudi Arabia Ministry of Investment (MISA), Bahrain Ministry of Industry and Commerce, Saudi Arabia Ministry of Commerce, Qatar Ministry of Commerce and Industry and Kuwait Ministry of Commerce and Industry. Regional players are Jordan Ministry of Industry, Trade and Supply, Abu Dhabi Department of Economic Development (ADDED), Dubai Department of Economy and Tourism (DET) and Egypt Ministry of Trade and Industry.
Does Ministry of Commerce, Industry, and Investment Promotion have an API?
No public API is recorded for Ministry of Commerce, Industry, and Investment Promotion.
What industry is Ministry of Commerce, Industry, and Investment Promotion in?
Ministry of Commerce, Industry, and Investment Promotion's product category is Government Trade and Investment Promotion Services. Its primary akta.pro industry code is BPADAMAD, Investment Promotion & FDI Facilitation. Its NAICS code is 921 and its SIC code is 9721.