Over 244,000 transactions completed through Invest Easy online portal

Muscat: More than 244,000 transactions were completed through the Invest Easy online portal during the first quarter of 2022 compared to 75,630 transactions in the same period in 2021.

According to the Oman News Agency (ONA), the number of electronic transactions completed during the first quarter of this year through the “Invest Easy” electronic portal witnessed a remarkable increase, reaching about 244,744 transactions, compared to 75,630 transactions in the same period in 2021.

The completed electronic transactions that were submitted through Sanad offices accounted for 40.78 per cent, and the transactions completed through self-service were 27.2 per cent. The transactions completed through the departments and directorates of the Ministry of Commerce, Industry and Investment Promotion accounted for 22.79 per cent, and the other percentages were distributed among the rest of the authorities.

The Department of Information, Data and Statistics at the Ministry of Commerce, Industry and Investment Promotion indicated that the transactions that were completed through the offices of the Ministry during the first quarter of this year amounted to about 20,303 transactions, compared to 5,894 transactions during the same period in 2021.While the number of transactions completed through the departments and directorates affiliated with the Ministry amounted to 55,787 transactions, compared to 27,663 transactions completed during the same period in 2021.

The number of transactions completed through self-service reached about 66,564 transactions, compared to 12,875 transactions completed in the same period in 2021. The number of transactions completed through the free zones (Sohar – Duqm – Al Mazyona) was about 1,666 transactions, compared to 905 transactions in the first quarter of 2021. The number of transactions completed through law firms recorded 608 transactions, compared to 207 transactions in the same period in 2021.

The number of transactions completed through Sanad offices in the first quarter of this year increased from 28,086 in the first quarter of 2021 to 99,816 in the first quarter of this year.

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