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News and Events

January 2, 2021

Oman’s new year budgeting and necessity of foreign investments

The budget of 2021 for the Sultanate of Oman is a contraction compared to the last year, as the level of government revenues decreased from 10.7 billion Omani Rials to 8.6 billion. On the other hand, the costs will decrease from 13.2 billion in 2020 to 10.9 billion Rials in the new year. For this reason, a more difficult economic conditions in 2021 compared to 2020 is predictable, as the amounts of global borrowing to cover the deficit accumulated over the past few years on the macroeconomic structure. A short-term strategy would be more encouragements toward foreign investment. Therefore, it's vital for the country to make it more appealing for investors to consider Oman as their next destination.
December 9, 2020

New Opportunities for “Pioneer Investors”

Pioneer Investors is now practically active in Oman as an experienced, skillful and knowledgeable Venture Capital firm. December 2020 will be considered a milestone in the history of the company for seeking new opportunities and prospects
November 28, 2020

Oman, a Promising Destination for Investors

The OMAN INVESTMENT AUTHORITY has allocated a $330 Million budget for strengtheningĀ  development and contribution to build-up the startup ecosystem in the Sultanate of Oman. The government plans, budgeting and support clearly shows the willingness to make the country a promising destination for international investors.Ā