Muscat: The industrial sector in the Sultanate of Oman registered unprecedented performance during the second quarter of 2025, with the combined net profits of industrial companies listed on Muscat Stock Exchange rising to approximately RO 24.47 million, compared to a mere RO 4.25 million during the corresponding period in 2024, posting a growth rate of more than 476 percent. The accomplishment constitutes a clear indicator of the sector’s resilience, its ability to adapt to economic developments and its position as a vital pillar of the national economy.

According to Oman News Agency, the outcome reflects the notable gains made by major companies. Among those, OQ Basic Industries (OQBI) achieving a significant transition, shifting from losses of RO

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