Oman Oil Marketing Company Powers Local SMEs with $3.76 Million Investment

Oman Oil Marketing Company (OOMCO) has just taken a major step in supporting local entrepreneurship with a $3.76 million (1.45 million OMR) investment. This bold initiative, aimed at energizing nine Omani small and medium enterprises (SMEs), highlights OOMCO's commitment to enhancing local businesses and building a more robust economy. By focusing on key areas like logistics, digital services, and infrastructure, OOMCO is nurturing innovation and growth in several sectors.

One of the standout projects under this initiative is the upgrade of Ahlain stores, where a new delivery service will be introduced to offer more convenience to customers. Amazon Café, a well-known local spot, is also set to modernize with QR code ordering, making it easier for people to place their orders without the hassle. Additionally, OOMCO will be implementing a Know Your Customer (KYC) system within their mobile app, a step that will enhance digital security and streamline customer interactions.

But that’s not all. OOMCO is also investing in the infrastructure that keeps the country running smoothly. They are funding the installation of cutting-edge underground fuel tanks, improving fuel storage safety. The company is also upgrading fire engine maintenance and service station safety protocols, ensuring the well-being of both staff and customers. On top of that, there will be improvements in facility management, including enhanced transaction systems at service stations and upkeep at company headquarters.

Said Tarik Al-junaidi, CEO of OOMCO:

“SMEs are not just businesses—they are the backbone of Oman’s economy, by empowering these local entrepreneurs with the right tools, we’re fostering innovation and contributing to sustainable economic growth.”

What’s particularly exciting about this initiative is that it does more than just provide financial backing. It’s about creating jobs, nurturing homegrown talent, and paving the way for technology-driven solutions that make a real difference. In a country like Oman, where economic diversification is a key focus, these types of investments are critical in shaping a more resilient and forward-thinking future.

With these projects in motion, OOMCO isn’t just investing in business—it’s investing in Oman’s future. It’s clear that when local companies thrive, so does the broader economy. And with these innovative upgrades, OOMCO is leading the way in supporting a new generation of local leaders and entrepreneurs.