12 Hrs
Source:
الرؤية
Tourism sector's GDP contribution rises
The article discusses the increasing contribution of the tourism sector to Oman's gross domestic product (GDP), which reached 2.9% during the first quarter of the year. It also highlights efforts to boost investment through the announcement of 153 investment opportunities in Al Buraimi Governorate to support the agricultural and livestock sectors. Additionally, the article applauds the 2.6% growth in GDP, which amounted to 9.69 billion Omani riyals during the same period, with a focus on supporting the entrepreneurship ecosystem and the rise in the contribution of small and medium-sized enterprises to 9.2 billion riyals. The article warns of the risks of concealing commercial revenues despite a slight decline and emphasizes the stability of oil prices above $86.5, as the government moves to strengthen various economic sectors.
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