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Muscat Insurance Boosts Semi-Annual Profits
Oman Insurance Company achieved a 155.98% increase in its profits for the first half of 2026, with net profit reaching 1.04 million Omani riyals compared to 406.51 thousand riyals in the same period of the previous year. The growth was supported by an 8.89% cost reduction, which brought expenses down to 8.77 million riyals. Additionally, the company continued to improve its annual profits for 2025, increasing to 1.19 million riyals, a rise of 223.78% compared to the results in 2024.
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