RO 116 Million Worth Pacts Signed at Comex 2025: What This Means for Business Growth and Investment Opportunities in Oman
MUSCAT: The total value of agreements signed by government institutions, local companies, and international firms during Comex 2025 reached approximately RO 116 million, reflecting a 45% increase compared to the RO 80 million recorded at Comex 2024. Over 150 agreements were finalized at the event.
These agreements encompassed memoranda of understanding and cooperation between various government entities and local companies—particularly small and medium enterprises—as well as international firms. They focus on implementing technology projects and delivering digital services in areas such as artificial intelligence, sustainable energy for data centres, digital solutions, cybersecurity, and other technology-related sectors.
Dr. Ali bin Amer al Shaithani, Under-Secretary of the Ministry of Transport, Communications and Information Technology for Communications and Information Technology, highlighted that this significant growth demonstrates the strong interest of both local and international investors in Oman’s digital sector. He pointed out that Comex has become a key platform for fostering partnerships and collaboration between the public and private sectors.
In a statement to Oman News Agency, Dr. Al Shaithani affirmed that these results strengthen Oman’s standing as an appealing destination for technology investments and strategic partnerships. They also underscore the ministry’s ongoing commitment to supporting digital innovation, enhancing digital infrastructure, building national capabilities, and providing a conducive environment for both local and global enterprises. These efforts contribute to advancing Oman’s digital transformation in alignment with Oman Vision 2040 and to building a sustainable digital economy.
He emphasized that the agreements will boost the digital economy’s contribution to GDP, accelerate the pace of digital transformation, and serve as a foundation for developing an integrated, attractive digital ecosystem for global investment. This progress is expected to unlock extensive opportunities for business expansion and the creation of quality jobs within this crucial sector.
Comex 2025 also achieved record attendance, drawing more than 90,000 visitors—a 10% increase over the previous year—indicating growing interest in the technology field. The event featured participation from over 140 tech startups, alongside more than 200 government and private institutions and international delegations focused on technology and digital transformation.
Accompanying the exhibition were over 80 workshops, with more than 70 speakers contributing, and the launch of more than 40 new products, innovations, and services. — ONA
Special Analysis by Omanet | Navigate Oman’s Market
The 45% surge in digital sector agreements at Comex 2025 signals Oman’s rapidly expanding tech ecosystem and strong government backing, positioning the country as a prime hub for technology investments. For businesses, this means increased opportunities in AI, cybersecurity, and sustainable tech, while smart investors should consider tapping into Oman’s growing startup ecosystem and public-private partnerships to capitalize on the digital transformation aligned with Oman Vision 2040. However, staying adaptive to evolving tech demands and regulatory frameworks will be crucial to mitigate risks and maximize returns.
