More than 320,000 e-transactions done through Invest Easy portal in 2018
The Ministry of Commerce and Industry (MoCI) said that the number of electronic transactions done through Invest Easy portal in 2018 reached 320,811, a massive increase of over 137,333 from 2017.
The transactions consisted of new registrations, renewals, modifications, cancellations and addition of activities and changes in commercial names, commercial and personal import permits, certificates of origin and commercial agencies.
The increase in the number of transactions was due to investors’ interest in using per- sonal electronic services. The electronic portal has helped in the speedy processing of applications. It has clarity in the procedures and saves time and effort.
The ministry said that 39,943 transactions were done in Muscat governorate last year, compared to 15,587 transactions during 2017. In North Batinah, 81,494 transactions were done compared to 25,884 in 2017. There were 20,337 transactions done in Buraimi governorate compared to 18,143 transactions in 2017. In Dhahirah, there were 50,094 last year compared to 19,255 in 2017. South Sharqiyah recorded 21,358 transactions in 2018 compared to 16,820 in 2017.
In Dakhliyah governorate there were 40,151 transactions in 2018 compared to 17,159 in the previous year. Dhofar recorded 29,814 transactions compared to 9,682 recorded in 2017.