Oman: Number of SMEs Registered in 2020 Exceed 45,700

Published October 6th, 2020 - 07:00 GMT
Oman: Number of SMEs Registered in 2020 Exceed 45,700
This is an increase by 12.4% compared to the same period of 2019, according to the data released by the National Centre for Statistics and information (NCSI). (Shutterstock)

The total number of Omani Small and Medium Enterprises (SMEs) registered with the Small and Medium Enterprises Development Authority at the end of August 2020 stood at 45,706.

This is an increase by 12.4% compared to the same period of 2019, according to the data released by the National Centre for Statistics and information (NCSI).

Among the governorates, Muscat topped the list with 33% SMEs registered till the end of August 2020, followed by North Al Batinah with 16%, A’Dakhliyah with 13% and Dhofar with 8%, and the rest of governorates with 30%, an Oman News Agency report said.

The Governorate of Muscat had 15,321 SMEs registered at the end of August 2020, followed by North Al Batinah with 7,229, A’Dakhliyah with 5,797, Dhofar with 3,825, South Al Batinah with 3,390, and North A’Sharqiya with 3,096 SMEs registered.

This was followed by A’Dhahirah with 2,689 SMEs, South A’Sharqiya with 2,660 SMEs, and Al-Buraymi with 974 SMEs registered.

Al Wusta had 549 SMEs registered and Musandam had 176 SMEs registered, which was the lowest among governorates registered at the end of August 2020.

The total number of SMEs registered in July 2020 was 45,094, while the number of SMEs in June 2020 was 44,448. 


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