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H H Sayyid Bilarab launches strategic sustainability plan for start-ups

Wednesday, 7 January 2026 10:00

Muscat – H H Sayyid Bilarab, Honorary President of the Promising Omani Startups Programme, presided over the ‘Afaq’ ceremony held at the Royal Opera House. The event marked the successful conclusion of the programme’s foundational phase, highlighting significant progress in Oman’s entrepreneurial landscape between 2023 and 2025. Statistics revealed that the initiative has nurtured 205 […]

Muscat – H H Sayyid Bilarab, Honorary President of the Promising Omani Startups Programme, presided over the ‘Afaq’ ceremony held at the Royal Opera House. The event marked the successful conclusion of the programme’s foundational phase, highlighting significant progress in Oman’s entrepreneurial landscape between 2023 and 2025. Statistics revealed that the initiative has nurtured 205 technology and innovation-based start-ups, achieving an estimated market value of $395 mn. Furthermore, the programme has successfully generated 549 employment opportunities for Omani youth across diverse economic sectors.

Sayyid Bilarab launches strategic sustainability plan

During the ceremony, a new sustainability plan titled ‘An Innovation Journey Starts with an Idea and Builds a Sustainable Economy’ was launched to transition the programme into a permanent institutional framework. This strategic move aims to align the start-up ecosystem with the objectives of Oman Vision 2040 by fostering institutional integration and long-term economic returns through robust governance and private-sector partnerships. The ceremony concluded with a tribute to the entrepreneurs whose innovative ideas have successfully transitioned into tangible economic contributions for the Sultanate.

Sayyid Bilarab launches strategic sustainability plan

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