Above 152K Active Businesses in the Sultanate in Q3, 2017

The number of business activities in different governorates of the Sultanate in the third quarter (Q3) in 2017 stood at 152,539, a growth by 1603% compared to 8957 business activities during the same period in 2016, according to the Statistics Department at the Ministry of Commerce and Industry.

Most of the business activities in the Sultanate were focused in the Governorate of Muscat 34.3%, followed by the Governorate of North Al Batinah 15.6% and the Govern orate of Dhofar 12.2%.

In terms of the highest number of activities, the Govern orate of Muscat came first with 52,340, followed by the Governorate of North Al Batinah with 23,866, the Govern orate of Dhofar with 18,591, the Governorate of A’Dakhiliyah with 12,411, the Governorate of North A’Sharqiyah with 11,648, the Governorate of South Al Batinah with 10,257, the Governorate of South A’Sharqiyah with 9,169, the Governorate of A’Dhahirah with 6,181, the Governorate of Al Buraimi with 4,784, the Governorate of Al Wusta with 1,712 and the Governorate of Musandam with 1,580.

The Ministry affirmed that it continues its efforts to encourage the private sector and enhance its efforts to contribute to the growth of the national economy.

Source: Oman News Agency