MUSCAT, Oman, June 10, 2026 /PRNewswire/ -- The Sultanate of Oman continues to strengthen its position as a gateway for international capital and investment. This trajectory is built on solid economic fundamentals, an investment-grade credit rating, and financial and regulatory frameworks that align with the highest international standards. As global investors increasingly prioritize governance, legal clarity, and long-term stability, the Sultanate of Oman provides a highly secure and attractive environment for capital allocation.
The International Financial Centre of Oman (IFC Oman) plays a fundamental role in this ecosystem, having been established as a key pillar to support this strategic positioning. IFC Oman provides international investors, financial institutions, and professional services firms with a legal and regulatory framework mirroring the practices of the world's leading financial jurisdictions. This environment supports the structuring of investments and the conduct of cross-border business with exceptional clarity and legal certainty.
Reaffirming the strategic priority of IFC Oman within the Sultanate of Oman's economic agenda, His Majesty Sultan Haitham bin Tarik has appointed the Centre's Board of Directors, chaired by His Highness Sayyid Theyazin bin Haitham Al Said, Deputy Prime Minister for Economic Affairs along with senior Omani economic leaders. The rapid progress in operationalizing the Centre and the high-level composition of its Board reflect the sovereign commitment to this strategic project. Executed with direct support from the highest levels of economic leadership, IFC Oman is central to attracting global capital and accelerating economic diversification and growth.
The Centre operates as an integrated ecosystem comprising three independent institutions responsible for operations and licensing, financial regulation, and dispute resolution. This structural separation of roles ensures transparency and regulatory independence in line with the standards of premier global financial centres. It is fully aligned with international best practices, including the principles of the Financial Action Task Force (FATF) and the International Organization of Securities Commissions (IOSCO), offering international investors the flexibility required to structure investments and manage cross-border operations effectively.
"Our goal is to become the international financial centre of choice. IFC Oman is designed as a trusted, innovative, and business-friendly hub that contributes sustainably to the national economy. By building an integrated ecosystem based on best global practices, an advanced legislative and regulatory framework, and an efficient business environment, the Centre will leverage the unique competitive advantages of the Sultanate of Oman. This will deliver added value for investors and consolidate the Sultanate of Oman's position as an attractive destination for investment and business regionally and globally," said His Highness Sayyid Theyazin bin Haitham Al Said, Chairman of IFC Oman and Deputy Prime Minister for Economic Affairs.
The establishment of the Board coincides with a period of sustained, tangible progress in Oman's fundamental economic indicators. The Sultanate of Oman has regained its investment-grade credit rating following a series of sovereign upgrades that reflect improved financial performance, reduced public debt, and the disciplined execution of economic reforms. Public debt has fallen from 68% of GDP in 2020 to 36.5% by the end of 2025. Furthermore, the International Monetary Fund projects that the Omani economy will grow by 3.5% in 2026, positioning it among the highest projected growth rates in the Gulf Cooperation Council.
The success of the Oman's economic diversification strategy is evident, with non-oil sectors now contributing approximately 70% of total output. Foreign Direct Investment (FDI) in the Sultanate of Oman reached approximately USD 69.4 billion by the end of the third quarter of 2024, recording a 17.6% growth over five years. This momentum reflects the growing confidence of international investors in the Omani economy and its enduring appeal for long-term investment. The Sultanate of Oman's strategic geographic location, at the intersection of the Gulf, East Africa, and South Asia, strengthens its investment proposition by providing direct connectivity to international trade networks and global shipping lanes.
Sovereign wealth funds in the Gulf Cooperation Council currently manage trillions of dollars in assets, exerting an increasing influence on international investment flows. Through IFC Oman, the Sultanate of Oman enhances its capacity to seamlessly connect global capital with investment opportunities across the Gulf, Africa, and Asia. This solidifies its global standing as a premier investment destination defined by economic diversification, competitiveness, and sustainability.
Media Contact : AlHussain.AlQalhati@mifc.om
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THE SULTANATE OF OMAN CONSOLIDATES ITS POSITION AS A STABLE DESTINATION FOR GLOBAL CAPITAL
Recognition highlights the impact of OPUS, the Orchestration Platform for Universal Solutions, in helping life sciences and healthcare companies digitalize multienterprise transactions and processes while preparing for agentic supply chain operations across their end-to-end supply chains.
Summary
TraceLink has been named a winner of the Institute for Supply Management Supply Chain Trailblazer Award in the Advanced Technology Digital Impact category for OPUS, the Orchestration Platform for Universal Solutions. OPUS helps life sciences and healthcare companies digitalize supply chain execution across trading partners, processes, and real-time business transactions—reducing manual work, improving responsiveness, and creating the required agentic business network foundation for more intelligent, agent-enabled operations.
BOSTON, June 10, 2026 /PRNewswire/ -- TraceLink, the world's largest Agentic Business Network for the life sciences and healthcare supply chain, today announced it has been named a winner of the ISM Supply Chain Trailblazer Award in the Advanced Technology Digital Impact category for OPUS.
The award recognizes solutions that deliver measurable operational results. TraceLink was recognized for building OPUS as an industrial, multienterprise digitalization and no-code agent development platform that enables companies to coordinate and execute work across the end-to-end supply chain—from brand owners, direct suppliers, and external manufacturing partners to logistics and transportation providers, distributors, and dispensers—in real time.
"Supply chain leaders do not need another out-of-date dashboard telling them there is a problem," said Shabbir Dahod, President and CEO of TraceLink. "They need a transformational approach to a new agentic supply chain operating model that spans across the partners, processes, and transactions to determine whether their healthcare products can be manufactured, transported, and fulfilled on time with consistency and quality. OPUS gives companies a proven network digitalization platform today that creates the foundation for governed agents to perform supply chain work in concert with human teammates in the future."
Replacing Fragmented Partner Coordination with Real-Time Multienterprise Execution
Supply chain teams manage a constant flow of work across partners—from confirming purchase orders with suppliers, to coordinating production with contract manufacturers, to tracking shipments with logistics providers, to resolving issues with distributors and pharmacies.
Today, much of this work still happens through email, spreadsheets, and manual follow-ups. When something goes wrong—a delayed shipment, a missing order confirmation, or an inventory mismatch—teams must track down information across systems and partners before they can act.
OPUS digitalizes this work through a secure, permissioned, multienterprise operating environment where authorized teams can coordinate supply chain processes using real-time business transactions and partner-specific context. Companies can proactively track the status of orders, production, shipments, and inventory across their trading partner ecosystem and take governed action when exceptions occur.
Organizations that have deployed secure, multienterprise solutions on OPUS can:
- Digitalize execution across order-to-cash, external manufacturing, logistics, inventory, and compliance processes.
- Use real-time transaction data and process information to detect exceptions before they disrupt supply.
- Coordinate actions across authorized teams, trading partners, and systems when orders, shipments, inventory, or production commitments change.
- Reduce manual reconciliation by giving teams governed visibility into transaction status, process state, and partner-specific data.
- Strengthen governance, consistency, and auditability across multienterprise operations.
- Create the operational context required for better human decision-making and future agent-enabled supply chain work.
From Executing Tasks to Performing Work
Most automation is designed to complete predefined steps within a process—sending a notification, routing an approval, validating a transaction, or triggering a handoff. These actions can improve efficiency, but they typically remain bound to a specific task and still require people to interpret context, coordinate across partners, and manage the broader business outcome.
Agentic supply chain operations require more than task automation. They require a secure, multienterprise digitalization platform that gives governed agents access to the transaction data, process intelligence, decision rules, permissions, and partner-specific information needed to reason across the work to be performed. OPUS provides that proven platform and network infrastructure.
With OPUS, governed AI agents operate as permissioned users and can be assigned business objectives across multienterprise supply chain processes, such as improving order fulfillment reliability, reducing inventory disruption, accelerating exception resolution, or strengthening product availability. Instead of completing a single transaction and stopping, agents can monitor process activity across trading partners, evaluate the operational impact of changes, recommend or coordinate the next best action, and escalate to human teams when judgment, approval, or intervention is required.
In practice, this unique agentic supply chain operating model means companies can begin moving from manual coordination toward agent-enabled business processes where:
- Exceptions that span orders, shipments, inventory, production commitments, and compliance events are detected earlier using real-time transaction and process context.
- Required actions are coordinated across authorized teams, trading partners, and systems according to defined business rules and governance.
- Human teams are prompted with the recommendations and next steps needed to resolve issues faster and with greater consistency.
- Supply chain work continues to progress across partners with greater control, auditability, and operational resilience.
Rather than automating isolated steps, governed agents help manage the flow of work required to achieve broader supply chain outcomes—improving responsiveness, reducing operational friction, and increasing the capacity of human teams to manage complex, multienterprise operations.
Discover how OPUS provides the secure, multienterprise foundation for scalable, agent-enabled supply chain execution.
About TraceLink
TraceLink is the world's largest Agentic Business Network, enabling life sciences and healthcare companies to build and manage a scalable digital workforce of governed, no-code AI agents that execute and coordinate mission-critical supply chain operations alongside human teams.
Powered by the Integrate-Once™ OPUS platform, which links 315,000+ authenticated network entities that exchange hundreds of billions of product transactions annually, only TraceLink delivers the industrial foundation required to develop, train, and continuously optimize agentic supply chain talent—governed AI agents—operating across multienterprise processes.
This agentic workforce model redefines how work gets done—expanding capacity, accelerating execution, and enabling safe, secure supply chain ecosystems that serve the greater good and operate with unprecedented agility, intelligence, and productivity beyond the limits of human-only operations, ensuring patients receive safe, high-quality therapies and products when and where they are needed.
Learn more at www.tracelink.com.
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TraceLink Wins ISM Supply Chain Trailblazer Award for OPUS, Advancing Real-Time Multienterprise Supply Chain Execution
