Weekly Economy Update: Non-Oil Growth and Digital Advances
Oman's economy experienced positive performance during the week, with the value of non-oil exports exceeding 1.611 billion Omani rials in the first quarter of 2026. Re-export rates increased by 4.6% to reach 367 million rials. Additionally, the chemical manufacturing, basic metals, and animal products sectors recorded notable growth rates of 17%, 10.8%, and 6%, respectively, reflecting growing competitiveness and market expansion. On the digital front, the Polytechnic and Applied Sciences University launched three drone laboratories to support technological innovation. Meanwhile, the "Tanfeedh" platform contributed to supporting 393 projects valued at over 32 million rials, aiming to enhance the digital economy and develop national competencies.
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