Oman Business Finder

Mobile phone subscriptions increase by 13.9% in May

Muscat: The total number of mobile phone subscriptions in the Sultanate of Oman increased by 13.9 per cent at the end of May 2022 to reach 6,187,816 compared to the same period in 2021, according to the latest data issued by the National Centre for Statistics and Information (NCSI).

Post-paid mobile phone subscriptions rose by 24.3 per cent by the end of May 2022 to reach 1,411,312 compared to the same period in 2021, while the number of pre-paid mobile phone subscriptions declined by 1.4 per cent to reach 4,776,504.
Among those subscriptions, 3,648,078 were through service providers and 1,128,426 through reselling.

Moreover, the number of active mobile broadband subscriptions increased by 6.2 per cent at the end of May 2022 compared to May 2021. Subscriptions to the fixed Internet service registered a rise at the end of May 2022 by 1.9 per cent to reach 524,916, compared to the same period in 2021.
#مسقط
#عمان #اكسبلور #گویاعمان #گویا #عمان #اخبارعمان #خبر #خبرآنلاین #مسقط ⁣

Oman's crude oil production rises by 12.9%

Muscat: The Sultanate of Oman’s production of crude oil and condensates recorded an increase of 9.4 per cent by the end of May 2022 to reach 157,462,200 barrels compared to May 2021, according to the latest data issued by the National Centre for Statistics and Information (NCSI).

Separately, crude oil production saw a rise of 12.9 per cent by the end of May 2022, while condensates production declined by 2.4 per cent.
The total average price for crude Oman oil recorded a surge of 46 per cent to reach $80 per barrel compared to $54.8 per barrel in 2021.
#مسقط
#عمان #اكسبلور #گویاعمان #گویا #عمان #اخبارعمان #خبر #خبرآنلاین #مسقط ⁣

Bank Muscat posts net profit of OMR99.26 million

Muscat: Bank Muscat, the flagship financial institution in the Sultanate, has announced its preliminary unaudited results for the six months ended 30 June 2022.

The bank posted a net profit of OMR99.26 million for the period compared to OMR94.65 million reported during the same period in 2021, an increase of 4.9 per cent.
The key highlights of the results for the period are as follows:

Net Interest Income from Conventional Banking and Net Income from Islamic Financing stood at OMR 166.25 million for the six months ended 30 June 2022 compared to OMR 168.44 million for the same period in 2021, a decrease of 1.3 per cent due to higher interest expenses.

Non-interest income was OMR 81.44 million for the six months ended 30 June 2022 as compared to OMR 74.70 million for the same period in 2021, mainly due to higher income from the sale of investments.
#مسقط
#عمان #اكسبلور #گویاعمان #گویا #عمان #اخبارعمان #خبر #خبرآنلاین #مسقط ⁣