Muscat: Omani exports insured with Credit Oman to the UAE grew by 105 percent during the first half of 2022 and stood at OMR35.4 million as against OMR17.3 million during the corresponding period last year. Sales of the construction sector’s exports took the lead, comprising OMR22.4 million of the total, followed by the foodstuff sector OMR8.8 million, in addition to the mining, packaging, agricultural materials, chemicals and petrochemicals sectors.
Credit Oman and the UAE government’s National Export Credit Company signed in 2019 a MoU to enhance trade and economic cooperation between Oman and the UAE. –
