Credit Oman’s insured local sales reach OMR77 in first half of 2024

Muscat: Credit Oman recorded a 19.6% growth in the volume of insured local sales during the first half of 2024 to reach OMR77,190,000 compared to OMR64,511,000 during the corresponding period in 2023.

Sheikh Khalil Ahmed Al Harthy, CEO of Credit Oman said that most insured sectors witnessed a positive growth. Among those, the sector of foodstuff and consumer goods topped the list with OMR 48,656,000 (up by 17.6%). The sector of constructions came second with a value of OMR 10,365,000, comprising a rise by 6.32%.

Al Harthy pointed out that these positive outcomes underscore the success of Credit Oman’s strategy that aims to support various economic sectors in Oman.