Bank of Development Al Buraimi Loans Reach 2.7M Riyals
The article focused on the efforts of the Development Bank in Al Buraimi Governorate to provide development financing. It approved 170 loans worth 2.7 million Omani rials in 2025 to support small and medium-sized enterprises and sectors such as industry, agriculture, tourism, and health. These financings contributed to strengthening the local economy, increasing employment opportunities, and raising the level of added value, along with supporting large industrial projects such as the Lotus Oils Factory, which benefited from foundational and expansion financing. This helped meet both local and international markets and contributed to sustainable economic diversification.
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