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Credit Oman rises to RO 296.6 million in insured sales, boosting export momentum

Credit Oman has recorded a strong performance this year, with total insured sales reaching RO 296.594 million by the end of the third quarter, up from RO 272.8 million during the same period last year.

TAS News Service

info@thearabianstories.com

Saturday, November 22, 2025

Muscat: Credit Oman’s latest figures highlight significant growth across both export and domestic markets. By the end of Q3 2025, the value of insured export sales reached RO 159.960 million, while insured domestic sales stood at RO 136.634 million.

Haitham bin Abdullah Al Yaqoubi, Acting CEO of Credit Oman, reaffirmed the company’s commitment to empowering Omani manufacturers and exporters. He noted that Credit Oman provides a comprehensive suite of insurance services designed to protect businesses against commercial and non-commercial risks, enabling them to confidently access global markets. This, he said, directly contributes to strengthening the national economy and enhancing the global competitiveness of Omani products.

Al Yaqoubi highlighted that Credit Oman’s services extend beyond risk protection, offering consultations and support in connecting Omani exporters with buyers worldwide. He pointed out that Omani building and construction materials, petrochemical products, and plastics have seen strong demand in major markets, particularly in the United States and European countries.

He added that Omani products have earned a distinguished reputation globally, thanks to their high quality and adherence to international standards. He encouraged local companies and manufacturers to take full advantage of Credit Oman’s services to safeguard their commercial interests and expand their sales both locally and internationally.

As part of its nationwide outreach, Credit Oman has conducted over 12 workshops across various governorates this year, aiming to raise awareness among exporters and industrialists about the importance of credit insurance and the company’s vital role in supporting their growth.

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