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FINANCIAL NEWS
Continued growth for industrial sector in Oman
02 Sep 2013
(MENAFN) Omani Ministry of Commerce and Industry records show that investments in the industry sector in the country has reached USD65.94 billion in the first eight months of 2013.
In the first half of this year, 109 new industries were established bringing the number total of industrial facilities by the end of last month to 2,539.
Industrial facilities in the Sultanate are exempted from income tax and custom duties on imports and the labor force number working in the facilities is set according to the facilities’ needs.
Last year, the industrial sector in Oman comprised 16.5 percent of the country’s gross domestic product (GDP) with USD12,860.5 million.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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