Muscat: The final account for the 2024 State Budget indicates that total public revenue reached RO 12,781 million in 2024, reflecting a 16% increase over the budgeted figure of RO 11,010 million. This growth was driven by increased hydrocarbon revenue…
Month: June 2025
Electrical Equipment Manufacturing Sector Drives Growth in Oman’s Industrial Exports
Muscat: Oman’s industrial exports witnessed a notable 8.6% increase during the first quarter of 2025, reaching RO 1.618 billion, compared to RO 1.490 billion during the same period in 2024, according to data released by the National Centre for Statist…
Eleventh 5-Year Plan’s Supervisory Committee Holds Third Meeting
Muscat: The Supervisory Committee tasked with drafting the 11th Five-Year Development Plan today held its third meeting at the Ministry of Economy. The meeting was chaired by Dr. Said bin Mohammed Al Saqri, Minister of Economy and Chairman of the Comm…