Cabinet officials

Lebanon's Minister of Economy Explores Investment Climate in Oman

Strategic Insights

Oct 26, 2025 — 1 min read

Dr. Amer Bassat, Minister of Economy and Trade of the Lebanese Republic, visited the Public Establishment for Industrial Estates "Madayn" in Oman, seeking to explore the country's investment climate and potential opportunities for economic collaboration. During his visit, the Minister and his delegation were briefed on Madayn's vision for positioning Oman as a leading regional center for manufacturing, innovation, and entrepreneurship. The delegation toured the Al Rusayl Industrial City, where they visited Oman Fiber Optic Company, a key player in the country's digital infrastructure development.

Key Takeaways:

Dr. Amer Bassat, Minister of Economy and Trade of Lebanon, visited the Public Establishment for Industrial Estates "Madayn" in Oman to explore the country's investment climate.
Madayn's vision is to position Oman as a leading regional center for manufacturing, ICT, innovation, and entrepreneurship excellence.
The key objectives of Madayn include attracting foreign investments, stimulating the private sector, and achieving environmental sustainability.
Madayn is currently implementing various industrial projects across its cities, offering incentives and facilities to investors and business owners.
The Oman Fiber Optic Company has played a crucial role in building Oman's digital infrastructure and provides integrated solutions for manufacturing, engineering design, installation, and maintenance.

Statistics:

Oman Fiber Optic Company was established in 1996.
The company has been instrumental in designing and implementing fiber optic networks for telecom and internet projects.
Oman Fiber Optic Company provides integrated solutions encompassing manufacturing, engineering design, installation, and maintenance to meet Oman's digital transformation requirements.

Sources:

(Oman News Agency) - "Lebanon’s Minister of Economy, Trade Explores Madayn’s Investment Climate Muscat, 26 Oct (ONA)".
(Oman News Agency) - Copyright (C) 2022. Oman News Agency. All rights reserved. Provided by SyndiGate Media Inc. ( ).

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