Muscat – The Ministry of Commerce, Industry and Investment Promotion has issued a decision (No. 364/2023), updating the list of activities meant for Omani investors only.

The ministry – working in tandem with relevant government entities, as well as the governors and the municipal councils – updated the list of activities – issued in 2020 – which are out of bounds to foreign investors.

The decision is in line with the directives of the Oman Vision 2040, which envisages making the country self-reliant.

The newly updated list includes the following activities:

Operating poultry hatcheries – except for projects with large production capacity

Beekeeping, honey and beeswax production

Marine fishing

Slaughtering and preparing poultry, rabbits etc., except for projects with large production capacity

Printing using photocopiers and computers and other office machines such as photocopiers or thermal copiers

Transporting and selling non-potable water

Renting cranes

Renting other construction machinery and equipment operated by a worker

Renting construction or demolition equipment operated by a worker

Wholesale of livestock, except for projects with large production capacity

Wholesale of fish and marine animals

Wholesale activity of fish products

Retail stores specialised in meat and meat products

Retail stores specialised in fish and other seafood

Retail stores specialised in natural herbs

Retail stores specialised in medicinal herbs

Retail stores specialised in birds, pets, ornamental fish and their accessories

Towing of vehicles

Activity of buying and selling land and real estate

Managing and renting real estate

Building management (owned or leased)

Building management (based on a fee or contract)

Property valuation

Pet care services