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FINANCIAL NEWS
Tanfeedh’s initiatives to make 30.000 new jobs for Omanis
29 Nov 2016
(MENAFN) Tanfeedh’s initiatives and projects are predicted to make 30.000 new jobs for Omanis in many sectors by 2020, while its projects will attract RO16.5bn as investments.
Moreover, the 5 projects are the result of giving more than 51.000 man hours to study three main sectors; manufacturing, logistics and tourism.
Accordingly, the manufacturing sector will see 21 projects attracting RO10.5bn as investments, while making 13.000 jobs and it contributed to the GDP at RO2.6bn in 2015.
Meanwhile, new investments in renewable energy projects will lead to 10 percent of the total power generated in Oman from renewable sources like solar at 2.500 MW.
More News
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BBK discloses its financial results for the half year ended 30th June 2025
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CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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