Over 56,000 SMEs registered in Oman till August 2021

Business Monday 18/October/2021 12:57 PM
Over 56,000 SMEs registered in Oman till August 2021
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Muscat: The total number of Small and Medium Enterprises (SMEs) registered in the Authority for Small and Medium Enterprises Development (ASMED) till the end of August 2021 stood at 56,687, compared to 45,706 in August 2020.

This constitutes an increase by 24 per cent, 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 25.2 per cent compared to the same period in 2020 to reach 19,187 followed by the Governorate of North Al Batinah with a rise by 23.7 per cent to stand at 8,945.

An increase was also marked in the number of SMEs in all governorates, the Governorate of A'Dakhiliyah by 20.1 per cent to reach 6,961, the Governorate of Dhofar by 23.8 per cent to 4,737, the Governorate of South Al Batinah by 28.1 per cent to 4,341, the Governorate of North A'Sharqiah by 21.2 per cent to 3,751, the Governorate of South A'Sharqiah by 27.5 per cent to 3,392, the Governorate of A'Dhahira by 17.4 per cent to 3,156, the Governorate of Al Buraimi by 23.9 per cent to 1,207, the Governorate of Al Wusta by 37.5 per cent to 755 and the Governorate of Musandam by 44.9 per cent to 255.