Al Nizwa Industrial secures 12M+ riyals in investments
Oman continues to attract investments in the industrial and agricultural sectors, with cumulative investments in Jebel Sma'il reaching around 239 million Omani riyals in the first half of the year. Investors are planning to establish projects worth 4 million riyals in Nizwa. Moreover, Dhofar has seen investments totaling 1.95 billion riyals in developmental projects. The price of Omani oil has increased by two dollars and ninety-five cents, with thunderstorms expected over the Hajar Mountains. These developments come amidst efforts to strengthen bilateral relations with Tajikistan and address security challenges. The country has also experienced traffic accidents and gunfire incidents, with warnings about the potential impact of a comprehensive travel ban on the investment climate.
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