Oman has announced the establishment of its first Artificial Intelligence and Advanced Technologies Zone, a major new development in Muscat backed by an estimated OMR 100 million ($265 million) investment. The project, unveiled at the COMEX International Exhibition, is a strategic initiative designed to transform the Sultanate into a regional hub for AI, innovation, and future-focused enterprises.
The zone is being developed through a landmark partnership between Oman’s Afouq Developments, Egypt’s Prime Group, and Oman’s Ministry of Transport, Communications, and Information Technology (MTCIT).
By The Numbers
- Investment: OMR 100 Million ($265M)
- Size: 100,000 square meters
- Location: Muscat, Oman
- Partners: Omani, Egyptian, and Government entities
A Launchpad for AI Innovation
The new zone is specifically designed to be a “launchpad for startups,” offering a tailored environment that fosters innovation and the development of world-class technology solutions. Spanning 100,000 square meters, the hub will aim to attract both local and international startups, providing them with state-of-the-art infrastructure and a supportive ecosystem to help them scale.
Siham Al-Harthi, Chairperson of Afouq Developments, described the initiative as a dedicated environment that will empower startups to create world-class solutions.
Building a Global Ecosystem
The project has a distinct international focus, leveraging a cross-border partnership with Egypt’s Prime Group to bring global expertise to the Sultanate. The zone’s strategy includes forging active partnerships with international corporations, accelerators, and research institutions to build a globally competitive and interconnected ecosystem from the ground up.
“The global scope of the project will include partnerships with international corporations, accelerators, and research institutions,” emphasized Mahmoud Farrag, CEO of Prime Group.
A Pillar of Oman Vision 2040
This development is a cornerstone of Oman Vision 2040, the country’s long-term strategy to diversify its economy and accelerate digital transformation. By creating a dedicated hub for high-growth technology sectors like AI, Oman is making a significant investment in its knowledge-based economy and future competitiveness.
Looking Ahead
The establishment of this dedicated, large-scale AI zone is a clear statement of intent from Oman. The significant investment and the explicit focus on attracting international startups signal a serious effort to compete with other established tech hubs in the region. For AI-focused startups and investors, this creates a new, attractive destination in the Gulf with dedicated infrastructure and strong government backing.
Source: MEA Tech Watch
