Economy
His Majesty Issues Directives For Projects Worth RO650 Million
Muscat: His Majesty Sultan Haitham Bin Tarik issued royal orders to implement development projects in addition to the approved projects, with a value of OMR650 million, and to increase the financial liquidity of the development budget allocations for this year by an amount of OMR 200 million.
His Majesty directed the implementation of development projects in addition to the projects approved in the Tenth Five-Year Plan (2021-2025), estimated at more than OMR 650 million to be implemented during the remaining years of the current five-year plan in various development sectors.
In addition, he directed increasing the financial liquidity for the development budget allocations for this year by OMR 200 million , bringing the total amounts allocated for disbursement to OMR 1.1 Billion.
These royal directives come within the framework of His Majesty’s high interest in promoting economic growth, continuing the provision of services, completing infrastructure, supporting private sector activities, and providing more job opportunities for citizens.
-
Economy1 month agoOMIFCO IPO: Price, Dividends, Subscription Dates and Listing – Here’s Everything You Need to Know
-
News2 weeks agoINVESTIGATION: Why Nokia Could Matter More in the Quantum Age Than It Ever Did in Mobile
-
Magazines1 month agoOER May 2026 Edition: The Digital Copy
-
Investment4 weeks agoWhy Are Tech Stocks Rising Again – And Is It Too Late To Invest In Them?
-
Economy2 weeks agoOMIFCO Successfully Completes Bookbuilding & Sets Final IPO Offer Price
-
Banking & Finance2 months agoOman Arab Bank marks successful listing of $400mn AT1 Bond on London Stock Exchange
-
Magazines1 month agoSignature Oman: May 2026 Edition
-
News2 weeks agoINVESTIGATION: Is AI in a Bubble? Inside the Trillion-Dollar Question Reshaping Global Markets
