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ESCWA Backs Circular Economy for Oman's SMEs

June 12, 2026·Mirage NewsEconomy

Disclaimer

This news item is AI-rewritten from public sources for GCC context. For informational purposes only. Not investment advice, a solicitation, or a recommendation. Consult a licensed financial advisor before making any investment decision.

GCC CONTEXT

The Economic and Social Commission for Western Asia's endorsement of circular economy practices reflects a regional shift toward resource efficiency and waste reduction across the Gulf, particularly relevant for small and medium enterprises that comprise a significant portion of non-oil economic activity in Oman and broader GCC markets. Historically, circular economy initiatives in the Gulf have intersected with diversification strategies aimed at reducing dependency on hydrocarbon revenues and creating sustainable economic frameworks. Such sectoral transitions typically influence supply chains, operational costs, and regulatory environments across manufacturing, logistics, and consumer-facing industries in the region.

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