Only 0.35% of registered companies with capital higher than RO1 million

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هذه الصفحة متوفرة بهذه اللغة: العربية

3 August 2020

MUSCAT (WAF)- The number of companies with a capital exceeding one million Omani Rials reached 1101 by the end of 2019, NCSI’s annual report shows. 

The report states that the total number of companies registered with the Ministry of Commerce and Industry (MoCI) by the end of 2019 was 312,720. Out of which, only 0.35% with a capital exceeding one million Omani Rials ($2.6 million).

Companies registered with a capital of less than 10 thousand Omani Rials represents 35% of the total registered companies, 18% of companies with capital ranges between 10-20 thousand Omani Rials, and 26.8 % With a capital ranging from 20-50 thousand Omani Rials.

As for companies with capital higher than one million Omani Rials, the number of companies with capital ranges between one million to two million Omani Rials is 401 companies, 189 companies with a capital between 2-3 million Rials, 85 companies with a capital between 3-4 million Rials, and 50 companies with a capital between 4-5 million Omani riyals. The number of companies with a capital exceeding five million Omani Rials amounted to 376 companies by the end of 2019.