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Over 53K SMEs Registered in Oman till May 2021

Over 53K SMEs Registered in Oman till May 2021

Muscat, The total number of Small and Medium Enterprises (SMEs) registered in the Authority for Small and Medium Enterprises Development till the end of May 2021 stood at 53,166, compared to 44,197 in May 2020, an increase by 20.3%, according to the data released by the National Centre for Statistics and information (NCSI).

Among the governorates, the Governorate of Muscat topped the list, marking an increase by 20.3%, followed by the Governorate of North Al-Batinah with an increase by 20.4%.

An increase was also marked in the number of SMEs in the Governorate of A’Dakhiliyah by 18.5%, the Governorate of Dhofar by 19.3%, the Governorate of South Al-Batinah by 23.6%, the Governorate of North A’Sharqiah by 17.5%, the Governorate of South A’Sharqiah by 25.5%, the Governorate of A’Dhahira by 14.7%, the Governorate of Al-Buraimi by 22.3%, the Governorate of Al-Wusta by 39% and the Governorate of Musandam by 17.3%.

The number of SMEs registered in the Governorate of Muscat stood at 17,927 at the end of May 2021, followed by the Governorate of North Al-Batinah with 8,411, the Governorate of A’Dakhiliyah with 6,616, the Governorate of Dhofar with 4,439, the Governorate of South Al-Batinah with 4,049, the Governorate of North A’Sharqiah with 3,527, the Governorate of South A’Sharqiah with 3,158, the Governorate of A’Dhahira with 3,016 and the Governorate of Al-Buraimi with 1,135 registered SMEs.

The number of SMEs registered in the Governorate of Al-Wusta stood at 691 and the Governorate of Musandam 197, which was the lowest among governorates registered in May 2021.

Source: Oman News Agency