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الوطن
MSX Firms Earn OMR 51.8M
Net profits of construction and building companies listed on the Muscat Stock Exchange rose to OMR 51.8 million in the first nine months of the year, up from OMR 37.1 million in the same period last year—a growth of 39%. The companies attributed their performance to increased government spending on infrastructure, stronger demand for building materials and real estate development projects, as well as cost controls and improved efficiency. Nine of the 10 companies recorded profits. Oman Cables Industry led with profits of OMR 17 million, followed by Voltamp Energy with OMR 10.4 million.
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