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The Startup Ecosystem of Muscat

Muscat is the top startup ecosystem in Oman and the 23rd city in Middle East.

CITY RANKING

In 2024, the startup scene of Muscat developed considerably and increased in the Global Ecosystem Index by 292 spots.

National Ranking

1st
0
In Oman

Regional Ranking

23rd
+
6
In Middle East

Global Ranking

739th
+
292
Worldwide

Ecosystem

Startup Ecosystem Overview

Startups

Muscat Top Startup Industries

Ecommerce & Retail icon
Ecommerce & Retail
#429 worldwide

7 startups

Healthtech icon
Healthtech
4 startups
Software & Data icon
Software & Data
4 startups

Ecosystem HealthCheck

Muscat Ecosystem Health Check

The health check tables allow you to look at the performance Muscat has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...

  • Overperformance
  • Performance equal to global ranking
  • Underperformance
IndustryGlobal rankMomentum YoYNumber of Startups
Global73921
Ecommerce & Retail429-4297
Edtech00.0000.0000.00
Energy & Environment00.0000.0000.00
Fintech00.0000.0000.00
Foodtech00.0000.0000.00
Hardware & IoT00.0000.0000.00
Healthtech00.0000.0000.00

ECOSYSTEM

Browse the startup ecosystem database of Muscat

Download list
eMushrif startup logo
Hardware & IoT | Smart Cities
Unranked
KitchenomiKs startup logo
Ecommerce & Retail | Ecommerce & Retail-Other
Unranked
Akeed Delivery startup logo
Software & Data | Apps
Unranked
MarketEx startup logo
Ecommerce & Retail | Ecommerce
Unranked
MagicalAPI startup logo
Software & Data | Artificial Intelligence
Unranked
Smartzi startup logo
Software & Data | Apps
Unranked
Bima startup logo
Fintech | Financial Services
Unranked
Wish Work startup logo
Software & Data | Enterprise Technology
Unranked
Unranked
Bon startup logo
Ecommerce & Retail | Ecommerce
Unranked
Bin Haider Darwish startup logo
Ecommerce & Retail | Ecommerce
Unranked

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Startup Ecosystem Charts

Startup Funding in Muscat2017 - 2024

Startup Funding in Muscat 2017 - 2024

From 2022 to 2023, startup funding in Muscat has increased by 1.45%. During this period, the number of deals in Muscat has decreased by 40%. Since 2017, total startup funding in Muscat exceeded US$ $15.64M.

Average Funding in 2023

$700.00K

Muscat
Oman
+69.08% YoY

Funding in 2023

$2.10M

Muscat
Oman
+1.45% YoY

Deals in 2023

3

Muscat
Oman
-40.00% YoY

USD

Amount of Funding (USD)

Number of Deals

20172018201920202021202220232024$0.00$15.00B$30.00B$45.00B$60.00B02468

Ecosystem

The Startup Ecosystem in Muscat

Startups in Muscat excel in Ecommerce & Retail, Healthtech, and Software & and Data. There are some notable success stories contributing to the city’s growing Ecommerce & Retail industry. One of the most promising startups in Muscat in 2024 is eMushrif, MarketEx, and MagicalAPI.

Global Rank

Muscat is ranked within the top 1000 startup ecosystems globally.

Top Industries

Muscat’s startups excel particularly in Ecommerce & Retail where it ranks 429 and in Healthtech, and Software & Data. Find out more

Top Cities for Startups in Oman - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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2024 National Rank CityGlobal Rank
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Total Score

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Quantity Score
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Quality Score
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Business Score
1st
0
739th
new
0.221
00.00
00.00
00.00
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Download CSV file
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Startups

Notable Startups in Muscat
eMushrif startup icon
eMushrif
MarketEx startup icon
MarketEx
MagicalAPI startup icon
MagicalAPI

ECOSYSTEM

Why should you join Muscat's Startup Ecosystem?

Overview

Within Muscat there is an increased attraction for entrepreneurs to set up their startups in industries such as Ecommerce & Retail, Healthtech, Software & Data. These three industries represent about 71% of the startups represented on the Startup Ecosystem Map of Muscat.

1st

National Rank

23rd

Regional Rank

Overview

Muscat is Oman's 1st best startup ecosystem and is ranked 23rd in Middle East. With a population of 1M - 2M people, Muscat is ranked 739th in the world. The city has some notable startup success stories including eMushrif.

ECOSYSTEM
Startup Infrastructure in Muscat
With a large variety of initiatives, Muscat's startup ecosystem stands out from other cities in Middle East. Muscat offers a number of funding opportunities for entrepreneurs and startups. Below is a list of Muscat's most prominent support initiatives:

BLOG

Recent Posts

Wed Apr 02 2025

Corporate Startup Activity Index 2025

For the first time ever, 372 corporations across 30 countries, 11 major industries, and 10 sub-industries have been ranked based on how actively they engage with startups. StartupBlink’s Corporate Startup Activity Index  is the world’s first benchmark for corporate startup engagement — powered by real data, global partnerships with top corporations, governments and data sources, […]

Thu Mar 06 2025

The Impact of Government Support on Startups

A robust startup ecosystem creates a sense of community that brings entrepreneurs together and helps them feel less isolated. It gives them access to mentors, advisors, fellow entrepreneurs, and talents. The foundation of such an ecosystem largely relies on government support. Good policies create a fair and supportive environment that helps startups grow. Bad policies […]

Thu Feb 20 2025

Learning from Bulgaria: Stakeholder Engagement in Startup Ecosystems

In this episode of the Startup Ecosystem Podcast, we’re traveling back in time by revisiting an old recording to explore the state of Bulgaria’s startup ecosystem in 2022. This episode features an interview by Eli David Rokah, CEO of StartupBlink, with Momchil Vassilev, the Managing Director of Endeavor Bulgaria, discussing how different stakeholders’ engagement in […]