Monday 10 / March / 2025
Muscat: The Digital Economy File Study Team of the Shura Council met on Monday with several startup owners involved in Oman’s digital economy ecosystem.
The meeting aimed to address the foremost challenges facing this vital sector and to explore viable solutions to support the country’s digital transformation.
Discussions during the meeting centered on the obstacles that may impede digital transformation, with a particular focus on establishing a robust legislative framework.
This framework is seen as a cornerstone in creating a supportive legal environment that safeguards local investors while enhancing market competitiveness against foreign investments.
The dialogue also highlighted promising investment opportunities within the digital transformation sector, alongside various national programs designed to bolster this initiative.
Participants underscored the critical need for strengthened collaboration between the public and private sectors to foster a sustainable entrepreneurial ecosystem.
They emphasised facilitating easier access to financing for startups, enabling them to sustain growth and drive innovation.
Furthermore, strategies for expanding into local and regional markets were examined, with entrepreneurs sharing their experiences on market entry and addressing the operational challenges that come with it.
The meeting was conducted as part of the second session of the working group, chaired by Abdullah Al-Waleed Al-Hinai, Head of the Digital Economy File Study Team at the Shura Council, and attended by several esteemed team members.
This initiative underscores the pivotal role of the digital economy as a key driver of economic development in the Sultanate of Oman.
