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Oman News

Private sector a key player in enhancing Oman’s economic growth, says His Majesty

His Majesty Sultan Haitham praised the contributions of private sector companies in Oman.

TAS News Service

info@thearabianstories.com

Monday, October 28, 2024

MUSCAT: His Majesty Sultan Haitham bin Tarik on Monday praised the efforts of private sector companies in the country and said it is a “key player in enhancing economic growth and shaping the business environment” in Oman.

Addressing the some business people, owners of SMEs and emerging companies during a meeting at Al Barakah Palace, His Majesty also stressed the the importance of private sector, “which is the cornerstone of modern economies.”

He also directed the Omani banking sector to keep pace the developments taking place in global banking and financial policies that support the business environment and stimulate economic activity in the country during the coming period.

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