{"id":9900,"date":"2026-03-15T17:54:00","date_gmt":"2026-03-15T13:54:00","guid":{"rendered":"https:\/\/omanet.om\/en\/news\/economy\/majd-award-local-content-boost\/"},"modified":"2026-03-16T07:32:22","modified_gmt":"2026-03-16T03:32:22","slug":"majd-award-local-content-boost","status":"publish","type":"post","link":"https:\/\/omanet.om\/en\/news\/economy\/majd-award-local-content-boost\/","title":{"rendered":"Majd Award Launched to Boost Local Content: What It Means for Businesses and Investors in Oman"},"content":{"rendered":"<style>\r\n@keyframes hitv3sog-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes 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solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitv3sog-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">EXCLUSIVE OMAN OFFER<\/span><\/div>\r\n    <div class=\"hitv3sogh\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.15s;\">Websites For <span style=\"color:#dc2626;\">Omani Businesses.<\/span><\/div>\r\n    <div class=\"hitv3sogs\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.3s;\">Empower your brand with custom digital solutions designed for high conversion and market dominance.<\/div>\r\n    <div class=\"hitv3sogbl\"><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Responsive designs built for growth<\/span><\/div><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Fast loading with smart automation<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitv3sogct\">\r\n    <button class=\"hitv3sogbtn\" style=\"animation:hitv3sog-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">Build Your Free Website <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitv3sogbr\">hit.land<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div>\n<p><\/p>\n<p>MUSCAT: The Ministry of Energy and Minerals has announced the launch of the second edition of the <strong>\u201cMajd\u201d Award for Local Content<\/strong>, a key initiative aimed at boosting domestic participation within the energy and minerals sectors.<\/p>\n<p>This award is part of the broader Majd programme, which encourages companies and institutions to implement initiatives that support the national economy and enhance the competitiveness of strategic sectors, aligning with the goals outlined in Oman Vision 2040.<\/p>\n<p>The ministry\u2019s objective through this initiative is to strengthen the local content ecosystem by empowering national companies and local supply chains, fostering innovation, promoting industrial investment, and developing human capital across the Sultanate.<\/p>\n<p>The Majd programme focuses on increasing the economic value generated by the energy and minerals sector by prioritizing the involvement of Omani talent, encouraging the use of locally manufactured products and services, and supporting domestic investments in industrial assets and projects.<\/p>\n<p>The second edition of the award includes four main categories:<\/p>\n<ul>\n<li>Best Omani Startup of 2026<\/li>\n<li>Best Human Capital Development Initiative in the Energy and Minerals Sector<\/li>\n<li>Best Local Content Programme for Large Companies<\/li>\n<li>Best Local Manufacturer in the Energy and Minerals Sector<\/li>\n<\/ul>\n<p>These categories aim to recognize efforts that build national capabilities, empower local suppliers, promote innovation and domestic manufacturing, and support the growth of resilient national supply chains in key sectors.<\/p>\n<p>Companies and institutions operating within the energy and minerals sector are invited to apply for the award. The submission window is open until April 9, 2026, with winners set to be announced during Oman Sustainability Week and the Oman Petroleum and Energy Conference.<\/p>\n<p>Since its inception, the Majd programme has achieved significant milestones: the local content ratio has doubled to 30.6%, over 100 industrial facilities and workshops have been established, and multiple industrial projects related to the energy sector\u2014such as the manufacturing of drilling equipment, rigs, drilling materials, and pipeline platforms\u2014have been supported.<\/p>\n<p>Additionally, spending on small and medium enterprises (SMEs) has risen to 15% of total procurement value, while job localization in oil and gas companies has reached an impressive 91.2%.<\/p>\n<p><style>\r\n@keyframes hitl8gak-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes 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solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitl8gak-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">EXCLUSIVE OFFER<\/span><\/div>\r\n    <div class=\"hitl8gakh\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.15s;\">Your Website <span style=\"color:#dc2626;\">Should Sell.<\/span><\/div>\r\n    <div class=\"hitl8gaks\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.3s;\">Custom-built websites with smart automation & AI-powered features.<\/div>\r\n    <div class=\"hitl8gakbl\"><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>SEO-optimized & lightning fast<\/span><\/div><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Smart features built for your business<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitl8gakct\">\r\n    <button class=\"hitl8gakbtn\" style=\"animation:hitl8gak-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">Get Free Consultation <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitl8gakbr\">hit.land<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div><br \/>\n<\/p>\n<p>Special Analysis by Omanet | Navigate Oman&#8217;s Market<\/p>\n<p>The launch of the second edition of the &#8220;Majd&#8221; Award signals <strong>Oman&#8217;s strategic commitment to deepening local content in the energy and minerals sectors<\/strong>, creating robust opportunities for national startups, manufacturers, and SMEs to expand and innovate. Businesses and investors should capitalize on this shift by aligning with government priorities\u2014<strong>focusing on local supply chain integration, human capital development, and industrial investment<\/strong>\u2014to leverage growing procurement and job localization mandates under Oman Vision 2040. This creates a promising environment but also calls for agility to meet escalating standards and competitive local participation.<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ministry of Energy and Minerals launched the second edition of the &#8220;Majd&#8221; Award to boost local content in energy and minerals sectors. The award supports Omani startups, human capital, local manufacturers, and large companies, enhancing national capabilities and innovation by April 9, 2026.<\/p>\n","protected":false},"author":2,"featured_media":9901,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[482],"tags":[170,1126,4150],"class_list":["post-9900","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-energy-sector","tag-local-content","tag-majd-award"],"jetpack_featured_media_url":"https:\/\/omanet.om\/wp-content\/uploads\/2026\/03\/3322910.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/9900","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/comments?post=9900"}],"version-history":[{"count":1,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/9900\/revisions"}],"predecessor-version":[{"id":9902,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/9900\/revisions\/9902"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media\/9901"}],"wp:attachment":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media?parent=9900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/categories?post=9900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/tags?post=9900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}