Al-Mouj Muscat Adds 878M Rials to Oman's GDP
Oman’s economy continued to grow in the first quarter, with the gross domestic product rising to 9.69 billion Omani rials. This follows the issuance of the prospectus for the "Oumifco" initial public offering, which includes 1.672 billion shares, with the subscription period remaining open until June 25th. Additionally, the Sultanate's trade balance recorded a surplus of more than one billion Omani rials, with "Al-Mouj Muscat" contributing 878 million rials to the GDP. These developments are part of efforts to strengthen the national economy and boost public investments.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)