Muscat: Credit Oman recorded a 19.6% growth in the volume of insured local sales during the first half of 2024 to reach RO 77,190,000 compared to RO 64,511,000 during the corresponding period in 2023.

According to Oman News Agency, Sheikh Khalil Ahmed Al Harthy, CEO of Credit Oman, stated that most insured sectors witnessed a positive growth. Among these, the foodstuff and consumer goods sector topped the list with RO 48,656,000, marking an increase of 17.6%. The construction sector followed with a value of RO 10,365,000, reflecting a rise of 6.32%.

Al Harthy highlighted that these positive outcomes underscore the success of Credit Oman’s strategy aimed at supporting various economic sectors across Oman.