According to Muscat Daily, published in June 2026, Oman’s Ministry of Transport, Communications and Information Technology launched the “Sas for Excellence” initiative to strengthen Omani tech firms funding through wage subsidies, financing of up to RO1 million, and priority access to selected government tenders. The programme aims to support Omanisation, enhance digital sovereignty, and help local technology companies expand under the goals of Oman Vision 2040.
MTCIT to back Omani Tech Firms with massive funding initiative
The Sas for Excellence initiative forms part of the ministry’s broader programme for supporting technology businesses. The project is being implemented in partnership with the Ministry of Finance, Ministry of Labour, Oman Investment Authority, Projects, Tenders and Local Content Authority, Petroleum Development Oman, and the Development Bank.
The programme focuses on strengthening digital self-sufficiency by helping local companies develop and own innovative digital products and services. It also aims to expand local content and increase the global competitiveness of Omani technology businesses. Through this approach, the initiative seeks to build a stronger national technology ecosystem based on local expertise and innovation.
The programme also promotes cooperation between government entities, financing institutions, and the private sector to support the growth of technology enterprises. By encouraging the creation of locally developed digital solutions and opening opportunities for market expansion, the initiative aims to strengthen entrepreneurship, attract investment, and build a sustainable future for Omani technology businesses.
Omani Tech Firms funding supports innovation growth nationwide
The initiative gives priority to companies operating in artificial intelligence, cybersecurity, electronic systems development, and emerging technologies. Selected firms will receive wage support for up to 40 Omani employees and financing support of up to RO1 million. These incentives are intended to help businesses strengthen their workforce and invest in the development of new digital products and services.
Participating companies will also receive advantages in selected government tenders and procurement opportunities. These measures are designed to help businesses scale operations and enter new regional and international markets. The programme also creates opportunities for companies to expand their customer base through stronger engagement with public sector projects.
By combining financial assistance with market access opportunities, the initiative supports long-term business growth and innovation. It encourages technology firms to improve their competitive capabilities while contributing to the development of a stronger and more self-sufficient digital economy in Oman.
Technology localisation strengthens digital sovereignty efforts
H E Dr Ali bin Amer Al Shidhani, Undersecretary for Communications and Information Technology, said the initiative reflects ongoing efforts to strengthen technology localisation and build a competitive national digital industry. He noted that local talent remains a key element in developing Omani digital solutions. The programme also encourages technology companies to create products and services that can compete in regional and international markets.
The programme promotes collaboration between government entities, investors, financing institutions, and the private sector. This integrated approach supports innovation, business growth, and international competitiveness. It also helps create an environment where technology businesses can access the resources and partnerships needed for long-term development.
Through stronger cooperation and investment, the initiative aims to build a sustainable digital ecosystem that supports entrepreneurship and attracts new opportunities. These efforts contribute to the growth of the national technology sector while reinforcing Oman’s focus on digital transformation and economic diversification.
Strategic partnerships support vision 2040 goals and innovation
Mahmoud Abdullah Al Awaini, Secretary-General of the Ministry of Finance, said the initiative supports the objectives of Oman Vision 2040 and the Eleventh Five-Year Plan. He added that information technology remains an important driver of economic diversification and investment attraction. The programme also seeks to create new opportunities for local businesses while encouraging greater participation in high-growth technology sectors.
Eng Badr Salim Al Maamari, Chairman of the Projects, Tenders and Local Content Authority, said qualifying Omani technology companies will receive priority in selected government tenders and contracts. The programme aims to strengthen the national technology ecosystem while creating new opportunities for local businesses. These measures can help companies expand their operations and increase their contribution to the digital economy.
The initiative also reinforces cooperation between government institutions and the private sector by creating a supportive business environment for innovation and entrepreneurship. Through financial support, procurement opportunities, and strategic partnerships, the programme aims to enhance the competitiveness of Omani technology companies and support their long-term growth.