Increase in the Number of Active Private Institutions in the Sultanate of Oman for 2024
The total number of active private institutions in the Sultanate of Oman during the fourth quarter of 2024, rising by 11.2% to reach 267,734 institutions compared to 240,765 institutions in the same period of 2023, according to the monthly bulletin issued by the National Centre for Statistics and Information (NCSI).The micro-enterprises sector witnessed significant growth of 14%, reaching a total of 234,979 enterprises compared to 206,059 in the fourth quarter of 2023. In contrast, small enterprises declined by 6%, dropping to 30,163 enterprises from 32,085 during the same period in 2023. Medium-sized enterprises saw a slight decrease of 2%, with their number falling to 1,867 compared to 1,905 in the previous year. Meanwhile, large enterprises experienced a growth of 1.3%, increasing to 725 enterprises from 716 in 2023.Regarding employment, the total the number of workers in private enterprises actually operating in the Sultanate of Oman declined by 0.9% in the fourth quarter of 2024, ...
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