24 Hrs
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أثير
Theyazin urges growth
His Highness Sayyid Theyazin bin Haitham Al Said, Deputy Prime Minister for Economic Affairs, chaired a meeting of the Cabinet’s Financial and Economic Committee on 11 November 2026 to review economic growth and fiscal sustainability issues. The meeting reviewed preparations for a long-term plan to strengthen the trade balance and increase non-oil revenues. It also discussed incentives and facilities for specialised industrial clusters in the pharmaceutical and medical-device industries in economic and free zones. His Highness stressed the importance of strengthening non-oil sectors and local content, and improving the business environment. He directed that economic initiatives be implemented more quickly and that their outcomes be monitored in line with the objectives of Oman Vision 2040.
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