Economy
Wheat Supply and Security Ensured In Oman, No Shortage In Supply
Muscat: Amidst the current wheat export and import crisis globally due to the heatwave in India and also due to the ongoing Russia and Ukraine conflict, Oman assured its people that there won’t be a dearth of wheat supply and demand in the Sultanate and necessary measure are being taken to ensure wheat security.
Qais Bin Mohammad Al Yousef, Minister of Commerce, Industry and Investment Promotion affirmed that there are sufficient stock of wheat during his meeting with Merchants on Friday in the Wilayat of Muttrah.
The Minister also emphasised that His Majesty Haitham Bin Tarik pays close attention to improve the concerns and queries arising among people due to Covid-19 and the break in Supply Chain.
Haitham Mohamed Al Fanna, CEO of Oman Flour Mills informed the people in an interview that two shipments of wheat arrived from India and the third shipment will arrive shortly.
“Apart from that, we also have regular shipments coming from Australia and these stocks are sufficient until the end of this year,” he added.
Russian troops began invading Ukraine on February 24th, and since then, intense battle in different parts of the country has disrupted food exports in various countries.
-
Economy1 month agoOMIFCO IPO: Price, Dividends, Subscription Dates and Listing – Here’s Everything You Need to Know
-
Magazines1 month agoOER May 2026 Edition: The Digital Copy
-
News3 weeks agoINVESTIGATION: Why Nokia Could Matter More in the Quantum Age Than It Ever Did in Mobile
-
Investment1 month agoWhy Are Tech Stocks Rising Again – And Is It Too Late To Invest In Them?
-
News3 weeks agoINVESTIGATION: Is AI in a Bubble? Inside the Trillion-Dollar Question Reshaping Global Markets
-
Magazines1 month agoSignature Oman: May 2026 Edition
-
Banking & Finance2 months agoOman Arab Bank marks successful listing of $400mn AT1 Bond on London Stock Exchange
-
Economy3 weeks agoOMIFCO Successfully Completes Bookbuilding & Sets Final IPO Offer Price
